Nowadays, precious metals are considered the IT investment because they rarely get devalued and are a great way to add diversity to one’s portfolio. A gold IRA rollover is something a lot of prospective investors are considering because gold has proven itself to be a reliable friend during the times when the economy is not in very good shape. Precious metals companies like Swiss America allow clients to venture in the world of precious metals.
About Swiss America
Swiss America was founded in 1982 and is located in Arizona. It was established by Craig Smith and is one of the companies that offer 401k to gold IRA rollover. Trading of gold is what the company does best and is known for its efficient and professional staffs.
Better Business Bureau
One of the top advocacy sites that separate good companies from the bad is BBB or Better Business Bureau. Swiss America is BBB accredited and has a rating of A+. There were 12 complaints filed for Swiss America with BBB for the past 3 years. The bulk of these complaints concern sales issues. There was one complaint there that addressed the company’s deceptive advertising tactics.
Business Consumer Alliance and TrustLink
The other two important sites in determining the reputation of a gold IRA custodian are TrustLink and Business Consumer Alliance. As far as Swiss America is concerned, it seems that is still has to work hard to be acknowledged by these two giant industry watchdogs.
Swiss America can be pretty hard to recommend as there are mixed reviews about it online. While the company is commended for its polite staff, there are plenty of negative feedbacks that act as a red flag. In addition, the fact that it is not yet accredited with Business Consumer Alliance leaves something to be desired. When it comes to your gold IRA, you need a company that has a rock solid reputation and one that is consistent in delivering excellent service.
Rating for Swiss America: 3/5