Endeavor Metals Group Reviews

What is Endeavor Metals Group?

Endeavor Metals Group is an investment firm specializing in precious metals, including gold, silver, platinum, and palladium. They have been in the industry for 2 years, according to BBB. However, they claim to have spent 10 years in the precious metal industry on their website.

They also operate as a Gold IRA company.

Endeavor Metals Group is headquartered in West Palm Beach, Florida. The company’s catalogue features a diverse selection of IRA-approved bullion.

This includes palladium, platinum, gold, and silver, as well as numismatic coins. Also, they strive to provide investors with a wide range of popular and trusted options for their precious metals investments.

Endeavor Metals Group places great emphasis on investor education. Their website contains informative sections dedicated to educating investors on the intricacies of investing in physical precious metals.

People Behind Endeavor Metals Group:

According to the company’s LinkedIn profile, Mr Paul Kaulesar is the Chief Executive Officer (CEO) and Owner of Endeavor Metals Group and Mr Nicholas Ganesh serves as the Chief Operating Officer (COO). The website of Endeavor Metals Group does not provide any additional details or profiles about the individuals comprising their management team.

There is no further information available regarding the roles, backgrounds, or responsibilities of the team members on the website.

This limited disclosure raises questions about the company’s transparency and makes it difficult for visitors to gain insights into the backgrounds, expertise, and experience of the management team.

How to Invest in Endeavor Metals Group IRA?

To open a gold IRA with them, you’ll need to follow these steps.

1. Open a Custodial Account: The first step is to open a custodial account specifically designed for a precious metals IRA. This type of account is administered by a qualified custodian who specializes in handling self-directed IRAs that allow for investing in precious metals.

2. Fund the Account: Once the custodial account is established, you will need to fund it. This can be done by either transferring funds from an existing IRA or 401(k) account into the precious metals IRA or by making a cash contribution. It’s important to ensure that the funds comply with IRS regulations regarding IRA contributions.

3. Purchase IRA-Approved Products: With the account funded, you can now proceed to purchase IRA-approved precious metal products. These products meet specific criteria set by the IRS to qualify for inclusion in a precious metals IRA. It’s crucial to work with a reputable precious metals dealer who can provide a wide selection of IRA-approved gold, silver, platinum, or palladium bullion or coins.

However, I don’t recommend opening an IRA with them. Why? Because there are plenty of better options available for you.

Opening a precious metals IRA is a major decision. That’s why I suggest checking out our top gold IRA providers list. There, you can find the best precious metals dealer of your state and choose accordingly.

Also, the list will help you understand what the industry’s best has to offer and what you might miss out on.

Endeavor Metals Group Products:

The Endeavor Metals Group offers a range of investment products that include precious metals bullion, numismatics, and rounds.

Customers have the option to invest in silver, gold, palladium, and platinum, depending on their preferences. The company’s catalogue includes several popular IRA-approved bullion items. However, the website does not provide prices for these products. To obtain pricing information, customers are advised to contact a representative directly.

Some of the available options in the catalogue include; Palladium Canadian Maple Leaf, Gold American Eagle, Silver Austrian Philharmonic, Palladium American Eagle, Gold Austrian Philharmonic, Gold Australian Kangaroo, Silver American Eagle, Platinum Canadian Maple Leaf, Gold American Buffalo, Platinum American Eagle, Silver Australian Kangaroo, Gold Canadian Maple Leaf, and Silver Australian Kookaburra.

Endeavor Metals Group Fees and Charges:

The Endeavor Metals Group website does not provide much information about its fees and charges on its website.

To learn about their charges, you’ll need to get in touch with their representatives directly.

It’s a common practice among gold IRA companies to disclose their fees in direct communication. However, before you make a final decision, it would be best to check the fees of other precious metals companies as well.

This way, you’ll be able to make a well-informed decision and get the best deal possible.

That’s why I recommend doing business with transparent and reputed companies.

Endeavor Metals Group Reviews and Complaints:

Better Business Bureau (BBB):

On the Better Business Bureau website, Endeavor Metals Group has an A rating. They have 5 stars out of 5-star ratings based on only 4 customer reviews. The reviews given by the customers are positive. They are since 2 years in the industry, according to BBB. But they claim to be with 10 years in the industry on its website. A total of 3 complaints have been closed in the last 3 years. This business is BBB accredited on Better Business Bureau website.

Sitejabber:

On Sitejabber, Endeavor Metals Group has 5 stars rating out of 5 stars based on only 2 customer reviews. There isn’t much available on their Sitejabber profile.

Google Reviews:

On Google, Endeavor Metals Group has 4.9 stars out of 5-star ratings based on various customer reviews. There are a total of 59 customer reviews on Google, and most of them are positive, with customers praising the company’s excellent customer service, professionalism, and expertise.

Yelp:

On Yelp, Endeavor Metals Group has again 5 stars out of 5-star ratings based on only 1 customer review. The review is positive. Also, the customer praised their shipping, services, and products.

Yellow Pages:

On Yellow Pages, Endeavor Metals Group has 5 out of 5-star ratings based on only 12 customer reviews. The reviews presented are mostly positive. The customers are praising the company’s knowledgeable and friendly staff, quick shipping, and competitive prices.

Consumer Affairs:

On Consumer Affairs, Endeavor Metals Group has 4.7 stars out of 5-star ratings based on 27 customer reviews. The majority of the reviews are favorable, with customers commending the company’s customer service, knowledge, and prompt delivery.

Are There Any Endeavor Metals Group Complaints? Should You Be Concerned?

There are not many complaints online about this business. After all, the total number of their reviews is very low.

When evaluating complaints or concerns, it’s important to consider the overall context and the number of complaints relative to the company’s customer base.

Every business may receive some level of complaints, but it’s crucial to assess the nature and severity of the issues raised.

The low number of reviews and limited online presence is not a good sign.

Furthermore, the few complaints present on them are about their poor customer service. They complain that the sales staff at Endeavor Metals Group might not disclose vital details when you’re purchasing here.

Clearly, that’s a major red flag you mustn’t ignore.

Some consumer reviews from various trusted websites:

#1. According to Ali Moslemi, it is important to be aware that when purchasing silver rounds/coins, you may be charged a higher price, and when you decide to sell, the company may buy it back at a price that is about 10%-15% lower than the sale price, which is typically based on the raw silver price. This means that in order to make any profit, the raw silver price would need to increase by at least 15% from your purchase price. It is advised to keep in mind that salespeople may not disclose this information during their sales pitch. Ali considers buying silver coins/rounds as one of his biggest investment mistakes.

#2. According to Ira, Endeavor Metals provided them with essential information such as pricing and stochastics, showing that the representatives were knowledgeable about the industry. They believe that having some precious metals in one’s portfolio can be a beneficial way to diversify. Ira also mentioned that Endeavor Metals offers a wide range of options, indicating a good selection for investors.

#3. According to Chris, their experience with Endeavor Metals Group, LLC was great. They were satisfied with their interaction and mentioned that if they had to sell any gold again, they would choose Endeavor Metals Group without hesitation.

#4. According to Paul, Arnold at Endeavor Metals was extremely knowledgeable and helpful throughout his interaction. Paul found the prices offered to be fair, and he was impressed by Arnold’s excellent product knowledge. Based on his experience, Paul recommends Arnold and Endeavor Metals to others.

#5. According to Kendall, their experience with Endeavor Metals Group has been exceptional. He describes it as emphasizing the expertise demonstrated by the team.

Endeavor Metals Group Lawsuits: UniCourt & Justia

UniCourt

Naiman filed an Other lawsuit against Endeavor Metals Group.

Is Endeavor Metals Group Legit? Should You Invest With Them?

While they are a legit company, I don’t recommend investing with them.

So, while I would say Endeavor Metals Group is a prominent gold IRA provider, they are certainly not the best.

To learn about the best, I recommend checking out my top gold IRA recommendations.

There, you will also learn about the highest-rated precious metals companies of different US states.

Have you dealt with this company? How was your experience? Let us know in the comments!

Alternatively, you can view the top-rated gold IRA company in your US state below: