Looking for a reliable IRA custodian? Sunwest Escrow Inc is renowned for its excellent self-directed IRA services, but are they as trustworthy as they once were? Determine if they are legit by reading our detailed Sunwest Escrow Inc reviews.
Attention: According to our most recent research, Sunwest Ecscrow Inc no longer offers precious metals IRA services, and their website, www.sunwest.com, is down. Please read instead about our recommended Precious Metals IRA provider.
Table of Contents
- 1 What Is Sunwest Trust?
- 2 Sunwest Escrow Inc Products & Services
- 3 Company Info
- 4 Location:
- 5 Address:
- 6 Year Founded:
- 7 Managers:
- 8 Website:
- 9 Overall Rating:
- 10 How It Works
- 11 Pros of Sunwest Escrow Inc
- 12 Wide Range of Assets
- 13 Accredited By the BBB
- 14 Cons of Sunwest Escrow Inc
- 15 Negative Reviews and Complaints
- 16 Expensive IRA Fees
- 17 Poor Customer Support
- 18 Few Reviews Online
- 19 Accreditation & Customer Reviews
- 20 Should You Consider Sunwest Escrow Inc for Your Precious Metals IRA?
- 21 Is Sunwest Escrow Inc a Scam?
- 22 Alternatives to Sunwest Escrow Inc
- 23 Sunwest Escrow Inc Reviews Conclusion
What Is Sunwest Trust?
Sunwest Escrow Inc, also referred to as Sunwest Escrow, LC, is a financial institution that provides escrow and custody services. The business was established in 1997 and is headquartered in Albuquerque, New Mexico. Sunwest Escrow Inc enables investors to invest in a vast array of alternative assets through their IRA services.
Sunwest Escrow Inc Products & Services
The company was originally established to provide escrow services, but they have since expanded to offer IRA services as well. Sunwest Escrow Inc offers SEP IRA, Traditional IRA, Roth IRA, SIMPLE IRA, and Individual 401(k) accounts, among others. In addition to precious metals, real estate, hedge funds, trust deeds, tax liens, private company stock, and limited partnerships, the company accepts many other assets for custody.
Albuquerque, New Mexico
10600 Menaul Blvd NE, Albuquerque, NM 87112, United States
Terry L. White (CEO), Cindy Archuleta (Vice President)
How It Works
To get started with Sunwest Escrow Inc, call their official phone number to speak with one of their account executives. You can also visit their offices in Albuquerque, New Mexico.
Pros of Sunwest Escrow Inc
Wide Range of Assets
They enable you to invest in a variety of asset classes through their numerous IRA service options. The company offers up to twenty alternative assets for investment.
Accredited By the BBB
Sunwest Escrow Inc has been accredited by the BBB since 2010, proving that they are legitimate.
Cons of Sunwest Escrow Inc
Negative Reviews and Complaints
The vast majority of online reviews of the company are negative. They have accumulated a total of ten complaints with the Better Business Bureau, which has given the business a terrible reputation.
Expensive IRA Fees
Sunwest Escrow Inc’s storage fees are higher than those of our recommended Gold IRA companies. In fact, some IRA custodians forego your storage fee entirely for the first year, whereas Sunwest Escrow Inc does not.
Poor Customer Support
The company has been accused of providing inadequate customer service, including not answering customer inquiries. In addition, they have been accused of fraud on some platforms. Take a peek at the Trustlink complaint listed below.
Few Reviews Online
Despite over two decades in business, they lack reviews on most online platforms. Typically, established businesses like this will have hundreds or thousands of reviews and evaluations from customers on online platforms.
Accreditation & Customer Reviews
Based on Sunwest Escrow Inc reviews posted on the Better Business Bureau, the company has a rating of 2.2 out of 5 stars based on 9 customer reviews. In addition, they have resolved 10 consumer complaints on the platform in the past three years. On Yelp.com, the company is rated two out of five stars based on ten reviews, whereas on Trustlink, they are rated one out of five stars based on one negative review. Both the Business Consumer Alliance and Trustpilot are devoid of reviews for Sunwest Escrow Inc.
Should You Consider Sunwest Escrow Inc for Your Precious Metals IRA?
Sunwest Escrow Inc may have been an excellent company in the past, but its current rating on review websites indicates that its reputation has declined. Their subpar customer service may be the cause of this. Our top-rated precious metals IRA provider offers superior customer service and lower storage costs, making them a viable alternative. You can read about it at the following link.
Is Sunwest Escrow Inc a Scam?
No, Sunwest Escrow Inc is a legitimate company that was founded in 1997. They are located in Albuquerque, New Mexico.
Alternatives to Sunwest Escrow Inc
Sunwest Escrow Inc Reviews Conclusion
Sunwest Escrow Inc is a financial institution that provides escrow and IRA services. The company is based in Albuquerque, New Mexico, and is known for providing multiple IRA services and more than 20 alternative assets for investment.
Sunwest Escrow Inc, however, is not devoid of problems. For example, their customer review profile consists primarily of negative reviews and complaints, which has severely harmed their reputation. In addition, their storage fees are more expensive than those of competitors.