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As you consider your options for gold investing, many companies can help, but not all are created equal. Multiple gold retailers have come and gone over the years. Some have lasting power; others fall quickly because they lack a strong foundation.
Fortress Gold Group has been around for years, but recent developments make it seem like the business has closed. We have spent many hours researching the company to determine all the facts about their products, services, and prices.
We give you the insider facts to help you decide about the company and encourage you to check out our other gold firm reviews. Read until the end of this Fortress Gold Group review to learn our final thoughts on the company based on the insights we've gained.
At The Gold Information Network, we understand the importance of your financial choices and the trust you place in our insights. We conduct in-depth research on each company we review, evaluating its reviews, reputation, product offerings, fees, and history while also meticulously comparing it with similar market products.
In a financial landscape where banks appear geared towards serving the wealthy, we hold reservations about these institutions, the monetary system, and politicians. We passionately advocate empowering individuals like you with greater control over their finances. We firmly believe that you should have the authority to shape your financial future independently, reducing your dependence on institutions and politicians.
We reviewed Fortress Gold Group, a company that helps customers invest in precious metals like gold and silver.
Fortress Gold Group opened in 1995 and focused on helping people invest in precious metals such as gold, silver, platinum, and palladium. They worked to make each transaction simple for interested customers.
The company's headquarters were in Sherman Oaks, California. Johannes Haze was the Principal Managing Director.
Having personally tested the website, we discovered it is down. Further research revealed it has been inoperative since 2021.
The company failed to renew its security registration, and the website went down completely without warning to present or future customers. We are still determining what this means and await the company's response to discover further details.
First, we checked on the Better Business Bureau to learn more about Fortress Gold Group. The company has an A+ rating with the BBB, zero customer complaints, and only one review. One customer left a one-star review stating they had invested over $38,000 in coins.
When the husband retired years later, they could not contact the company and could not receive the supposed coins in storage. The customer claims the company is fraudulent and takes advantage of uneducated investors.
We checked with Consumer Business Alliance, and Fortress has an AAA rating with no customer reviews or complaints. We found an unclaimed business profile on Yelp with no customer reviews. The company's Facebook page has not been updated since 2018.
From our firsthand experience in the industry, it seems strange that such an experienced wealth firm has so few customer reviews. There should be many more than we have found in our research.
Pros
Cons
Fortress Gold Group is legit, but we don't believe is not a viable company. It disappeared seemingly overnight and did not warn its customers. Many customers actively seek contact with the company and cannot get a reply.
From the insights we gained from research, we discovered the company's website recently had a message stating they would continue to serve their current customers but would no longer accept new clients.
We attempted to get a response from the company but discovered the same problems as other investors.
No one answers when you call, and they do not respond to email requests. It appears the operations have reached a standstill, at least for the foreseeable future.
While in operation, FGG offered a wide selection of investment-grade coins and bars, many of which were IRA-approved. The site is inactive, so we cannot comment fully on the inventory.
Our extensive research revealed some issues with transparency, unanswered queries, and other concerns.
After much research, we found that FGG did offer precious metals IRA services, though it was not a custodian. Fortress partnered with the leading custodians in the industry and provided depository storage through Brinks Global Services.
FGG helped new customers transfer funds from their existing retirement accounts to precious metal IRAs or open IRAs.
Since the company's website is no longer operational, we can only study previous screenshots from other sources. Based on these screenshots, we found a lack of transparency with FGG.
Not only did they leave out much information about their founder and management team, but they also did not provide information on pricing or fees. Since the company appears to have shut down, we may never be able to offer a full report on its operations.
Fortress Gold Group is no longer in operation. Its website is shut down, and customers report being able to contact the company via email or phone.
There is no way to contact Fortress Gold Group because the company has shut down. Their old number was 1-(800)-777-6177. Our personal attempts to email FGG at info@fortressgoldgroup.com remain unanswered.
In the precious metals industry, there is no substitute for honesty, transparency, and trustworthiness. Getting professional guidance is essential, especially for new investors.
Unfortunately, it appears Fortress Gold Group can no longer deliver these services, failing its current customer base and future investors.
You will need professional advice to invest in a gold IRA. A financial advisor can help you comply with the IRS rules and regulations for precious metal investments.
We have reviewed many companies in the precious metal industry, and we cannot recommend FGG, even if it remains a viable business. Far better options are available, and we urge you to research carefully. Although FGG is not a scam, it was not upfront with customers.
We recognize the significance of your financial decisions and the trust you place in us. We've done extensive research, examining reviews, reputation, products, fees, and history to ensure you receive accurate insights.
The information provided in this website is intended solely for educational purposes and general informational use. It is not intended as, nor should it be considered, financial or investment advice. Investing in gold or any other financial asset carries inherent risks, and decisions regarding investments should not be made solely based on the information presented here.
We strongly recommend that you consult with a licensed and qualified financial advisor or investment professional before making any investment decisions. They can provide you with personalized guidance and take into account your individual financial situation and goals.
We do not assume any responsibility for the accuracy, completeness, or suitability of the information provided on this website for your specific circumstances. Any reliance you place on such information is strictly at your own risk.
Any opinions offered by The Gold Information Network are The Gold Information Network’s opinions and not to be relied on by anyone for any purpose.
