If you’ve been following our Gold IRA Rollover reviews, you might have noticed the different types of companies and custodians that you can choose to help you make a secure investment and ultimately protect your wealth. Some companies focus only on precious metals, while others give you additional options to manage your IRA account. The IRA Gold rollover company we’ll take look for this week has been around for quite some time, with quite a wide investment options to choose from — Fidelity Investments. We’ll dig deep into their company profile, history and investment platforms, getting to know if current Fidelity Investments Reviews is as good as advertised.
Fidelity Investments Review
A privately held company founded in 1946 by Edward C. Johnson II, Fidelity Investments is one of the largest mutual fund companies in the US, with as much as 20 million investors through 500 different funds. In addition, Fidelity operates a major online brokerage with financial centers in 140 locations in the US. The company also has diversified businesses like Veritude (employment agency), luxury hotels, commercial lumber, building materials and telecom.
The Johnson family owns as much 50% voting interest on the company, with Abigail Johnson (daughter of Edward Johnson 3rd) having the largest share at 25%. The corporate headquarters of the company is located in Boston, with investor offices in majority of the states in the US. Fidelity also has extensive network offices on more than 30 city locations in Canada, Asia and Europe.
IRA Rollover Options
Fidelity Investment has a wide range of IRA rollover and investment options. For now, we’ll focus on their rollover options for precious metals. They currently offer gold, silver, platinum and palladium for minimum initial investment of $2,500 — with available products American Buffalo, American eagle, Australian Kangaroo, Austrian Philharmonic, Canadian Maple Leaf and South African Krugerrand. They also have available bullion bars for gold, silver, platinum and palladium.
Fidelity offers detailed information and advice in their web page for investment on precious metals and provides comparison for all the other rollover options. If you’re all set to open a Fidelity Rollover IRA account, you can do it conveniently online. After your application gets approved, their rollover specialist will help you with the transfer of your funds to your chosen investment vehicle.
Feedback and Ratings
Fidelity currently isn’t accredited in BBB — though they have an A+ rating, with 155 complaints in the last three years, 59 closed in the last year. Majority of the complaints is in product and service. Fidelity has a B rating in Business Consumer Alliance with no feedback as of this writing and doesn’t have a rating in TrustLink.
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