Anyone interested in investing in precious metals would want to do business with a reputable organization. However, due to the yearly emergence of a large number of businesses, it can be extremely challenging to select a reputable one. Find out whether Goldworth Financial is genuine or a scam, and whether there is a superior alternative in this review.
Attention: Goldworth Financial has permanently ceased operations. Please read instead about our leading precious metals IRA company.
What Is Goldworth Financial?
Based in Woodland Hills, California, Goldworth Financial is a precious metals company founded in 1999. In addition to sourcing metals from the domestic market, this company also has direct access to foreign markets, setting it apart from other companies. Most of the time, Goldworth Financial’s precious metals are less expensive because they operate without intermediaries. Access to foreign markets also saves you the trouble of establishing foreign bank accounts to purchase metals from abroad.
Goldworth Financial Products
The company offers precious metals such as gold, silver, platinum, and palladium. The majority of these metals are in the form of coins and bars. Additionally, rare coins and foreign coins are abundant. The availability of precious metals IRAs is a wonderful opportunity for those seeking to safeguard their savings from economic instability. Goldworth Financial’s website is simple to navigate, and selecting products or opening a self-directed IRA is quite easy.
Company Info
Location:
Los Angeles, California
Address:
6520 Platt Ave #172, West Hills, CA 91307, United States
Year Founded:
1999
Managers:
Unknown
Website:
www.goldworth.com
Overall Rating:
[usr 1]
How Does It Work?
By developing a user-friendly website, Goldworth Financial has streamlined the process of acquiring metals. You can simply navigate to other sections of the website from the homepage. The product catalog is well-organized, with prominent product listings and prices that make it easy to make selections. You can also rapidly establish a self-directed IRA and add eligible metals to your portfolio. In addition, a secure checkout ensures the safety of your financial transactions with the business.
Goldworth Financial IRA Fees
Unfortunately, Goldworth Financial imposes scaled fees, which, as you may be aware, can become quite costly over time. For instance, storage fees are 0.6% of your account’s value, so the more money you invest, the more fees you will incur. Account setup fees range from $140 to $290, while administrative fees range from $75 to $295. As your account grows, Goldworth Financial’s fees will inevitably become more expensive. Now, let’s examine the advantages and disadvantages of Goldworth Financial.
Pros of Goldworth Financial
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Awesome Website
Website design is one area in which Goldworth Financial has demonstrated excellence. A design that is intuitive enables customers to purchase metals with minimal assistance. There is also a reduced likelihood of making mistakes when submitting an order. In addition, their website provides a wealth of information about precious metals that is extremely beneficial to novice investors.
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Wide Selection of Products
The company’s direct access to both domestic and international markets has allowed it to stock a variety of precious metals. You can always discover the type of bullion or rare coin you’re searching for in their extensive selection of products.
Cons of Goldworth Financial
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Exorbitant IRA Fees
As previously indicated, Goldworth Financial charges fees on a sliding scale for IRAs. Scaled fees are notoriously costly, as they tend to increase as more money is invested. To avoid wasting your hard-earned cash on unnecessary fees, we advise selecting a company with fixed rates.
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Lacks Customer Reviews
Despite being in business since 1999, there are no client reviews of Goldworth Financial on reputable consumer protection websites such as the Better Business Bureau.
Goldworth Financial Reviews
Despite having an A+ rating from the Better Business Bureau, Goldworth Financial has neither reviews nor complaints posted on the website. Additionally, there are no consumer reviews or ratings on the Business Consumer Alliance, Trustlink, or Trustpilot.
Is Goldworth Financial Legit or Scam?
Goldworth Financial has served investors for years and maintains a physical location. The company’s accreditation with consumer protection organizations such as the BBB indicates that they are legitimate and not a fraud. The only issue is the lack of reviews and unknown proprietors, which raises questions.
Goldworth Financial Alternatives
- Gold Republic
- Orion Metal Exchange
- Asset Strategies International
- AG Coin & Bullion
- Jack Hunt Coin Broker
Conclusion
Goldworth Financial is a precious metals firm based in Los Angeles. With direct access to foreign markets, the business can source metals directly from abroad, sparing customers the trouble of establishing foreign bank accounts. In addition, they have a vast selection of products and an excellent website design.
The IRA fee structure of Goldworth Financial forces you to pay more for storage and administration. In addition, the company lacks testimonials and reviews on all third-party consumer websites, which is highly dubious.
