McAlvany Financial Group Review

McAlvany Financial Group Review

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McAlvany Financial Group (McAlvany ICA) commands tremendous respect in precious metals and rare coins with a legacy spanning over four decades. Their extensive knowledge and expertise have made them a trusted resource for investors seeking guidance in these markets.

Renowned for its cautious investment philosophy, McAlvany ICA boasts a rich history of accomplishments in this arena. If you aspire to enter the realm of precious metals or rare coins, McAlvany ICA is your ultimate destination.

  • Product: Precious Metals
  • Owner: David McAlvany
  • Overall Rating: 3.0/5

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About McAlvany Financial Group

McAlvany Financial Group Review

McAlvany Financial Group is a reputable company specializing in buying and selling precious metals, with its headquarters in Durango, Colorado. Established by Don McAlvany in 1972, the company is currently led by its CEO, David McAlvany.

McAlvany Financial Group is known for offering a wide variety of gold and silver coins and bars that comply with the regulations set forth by the IRS.

The company is strongly committed to educating its clients about the various facets of the precious metals industry. This is why McAlvany Financial Group provides a wealth of materials such as free guides and an informative "Resources" section on its website, to help its clients make informed investment decisions.

In addition to helping people buy precious metals, McAlvany Financial Group also assists clients in setting up Precious Metals IRAs. This service allows individuals to invest in precious metals through a tax-advantaged account, providing a more secure way of investing in precious metals for retirement.

McAlvany Financial Group's diverse product offerings cater to those interested in saving for retirement, investing or collecting coins. The company sells gold, silver, platinum coins and bars and numismatic coins that appeal to collectors.

McAlvany Financial Group provides extensive information and resources to support its clients' investment journeys, including investment news, charts and a podcast, which are available on the company's website.

The company offers several guides for free to help its clients gain a better understanding of investing in precious metals.

McAlvany Financial Group Management

McAlvany Financial Group Review

McAlvany Financial Group is a company that specializes in precious metal and rare coin investing. The company was founded by Don McAlvany, a well-known industry figure with a wealth of experience in personal finance, economics, political and military issues.

Don is the editor of a monthly geopolitical and financial intelligence newsletter that analyzes global economic, social policies, political and monetary developments and how they affect America's free market system and family finances.

Don McAlvany is respected in the industry for his objective approach to issues, making him a favorite among radio and podcast listeners. He has also spoken at conferences worldwide, including South Africa, which he visited more than 33 times in the past 15 years, accompanying over 1000 people.

During these trips, he met and spoke with many of South Africa's most influential political, business and military leaders. Don also maintains close ties to the global intelligence community and has experience in covert intelligence work.

The company's CEO, David McAlvany, is also an accomplished individual with a solid political theory and philosophy background. David studied at Oxford University's Keble College and Biola University, where he honed his skills and knowledge.

He also worked as a volunteer analyst in Chile for The Institute for Liberty and Development, promoting free market principles throughout Latin America and the Third World.

David McAlvany's experience as a top salesman with Southwestern Company and his business knowledge at Morgan Stanley has given him a comprehensive understanding of the financial markets.

As the CEO of McAlvany Financial Group, David provides insightful analysis of significant events and their effects on the international economy and financial markets.

His expertise has made him a featured speaker on many national television shows, radio programs and financial seminars worldwide. David also features international leaders, bankers, economists and well-known investors on his market commentary show, which airs weekly on website.

Staff Expertise

McAlvany Financial Group Review

McAlvany ICA is committed to providing its clients expert advice and personalized attention. To ensure this, every member of the ICA staff undergoes a rigorous selection and training process, ensuring they are equipped with the necessary knowledge and expertise to assist clients in making informed investment decisions.

The knowledgeable advisors at McAlvany Financial Group understand the importance of selecting the right precious metals and rare coins to achieve clients' investment goals. By incorporating these assets into a diversified portfolio, clients can safeguard their investments against systemic risk and inflation.

Precious metals have consistently shown strong growth rates over the years, allowing investors to achieve their growth objectives.

At McAlvany Financial Group, clients can trust that the staff will utilize their expertise and provide them with sound investment strategies that are both secure and rewarding. Whether clients are new to investing in precious metals or experienced investors, the staff is committed to providing the same expertise to ensure clients achieve their investment goals.

McAlvany Financial Group Products

McAlvany Financial Group Review

McAlvany Financial Group is a financial group that assists investors and collectors in buying, holding and developing a well-balanced precious metal portfolio. The company offers gold, silver, platinum, palladium products and precious metal storage.

Gold

Gold is among the most respected and highly valued commodities worldwide, providing investors financial independence and privacy. McAlvany Financial Group recommends investing in gold coins such as the American Eagle, Canadian Maple Leaf and South African Krugerrand, as they are the world's most widely accepted currency.

The company also recommends investing in gold bars, particularly during times of high demand and limited supply, which allows investors to take advantage of low gold prices before they increase. Investors can add gold to their investment portfolio by contacting a precious metal advisor at ICA through the company's website.

Silver

Silver, like gold, is a safety-conscious investment and diversifies investors due to its high liquidity, affordability and huge profit potential. McAlvany ICA recommends purchasing 1 oz. Canadian Silver Maple Leaf, Engelhard 1 oz.

Silver rounds, Johnson-Matthey or Engelhard Silver bars, 1 oz. American Silver Eagles and 90% junk silver U.S. dimes, quarters and half dollars minted before 1965. The company clarifies that junk silver has nothing to do with its condition or design but with the silver content in the coins.

Silver holds its value because it is difficult to increase production and central banks do not hold silver, so they cannot affect silver prices. Silver and gold prices rise and fall at different times and rates.

Platinum and Palladium

Platinum is rarer than gold; compared to gold and silver, it has many more industry applications. Palladium is a by-product of the platinum mining process. Due to their industrial role in the U.S. economy, the link between platinum and palladium presents a unique opportunity for investment growth.

McAlvany ICA offers pure platinum and palladium products. However, the cost of platinum is usually twice as much as palladium. Investors can diversify their portfolios by purchasing platinum and palladium through McAlvany ICA.

Both metals are available for delivery to investors' residences, private storage facilities run by professionals in the U.S. or overseas or inclusion in an IRA for precious metals.

Investors often hold a combination of silver and gold in their portfolios. Still, platinum and palladium investors tend to hold one or the other and trade one for the other at crucial junctures due to shifting market conditions and comparable pricing.

Precious Metals Storage

McAlvany Financial Group Review

McAlvany ICA provides its clients several tips and options to consider when storing precious metals. These include personal home safes, bank deposit boxes and vaults and precious metal depositories.

Personal Home Safes

Investors who store their precious metals at home can purchase personal home safes. While this method provides control over precious metals and saves on storage fees, it puts investors at risk for theft during a home invasion. Therefore, investors should ensure adequate security measures to safeguard their valuables.

Bank Deposit Boxes and Vaults

Bank deposit boxes and vaults are more secure than personal home safes. They are convenient, easy to access and affordable. However, investors cannot access their precious metals when banks are closed.

Additionally, if a bank fails or is nationalized, investors may be unable to withdraw their precious metals for weeks or months.

Precious Metal Depositories

Third-party precious metal storage locations, also known as precious metal depositories, are safe, secure and insured for the total value of the deposit. These depositories offer segregated and non-segregated storage options.

Segregated depositories provide individual storage spaces, while non-segregated depositories have communal precious metal storage. McAlvany ICA offers both domestic and international precious metal storage. They have competitive fees, a simple storage agreement and clients can easily access their precious metals.

Clients can transfer their precious metals to McAlvany ICA's international storage facilities, which are available in five locations. Switzerland and Canada are recommended locations due to their stability, security and established reputation in the precious metal industry.

McAlvany ICA's precious metal advisors are available to assist clients in determining the best storage option for their situation. They can guide the advantages and disadvantages of each option, depending on the client's needs and preferences.

Precious Metals IRAs

McAlvany Financial Group Review

McAlvany Financial Group allows its clients to invest in precious metals through their IRAs. They have a team of experts specializing in Precious Metals IRA, guiding clients through every step of the process.

To open a Precious Metals IRA, clients need to follow these steps with the assistance of a precious metals advisor from McAlvany Financial Group:

  • Choose the IRA custodian: The first step is to select a custodian for the IRA account. The custodian is responsible for managing the IRA and its investments and the IRS must approve them to hold precious metals in an IRA. MFG works with several reputable custodians, including Equity Institutional and Kingdom Trust.
  • Fund the IRA: Clients can fund their Precious Metals IRA with cash or by rolling over funds from an existing IRA or 401(k) plan. The advisor will assist the client in transferring funds from the existing retirement account to the new Precious Metals IRA account.
  • Choose the precious metals: After the IRA is funded, clients can choose which precious metals to purchase for their IRA. MFG offers a wide selection of coins and bars approved by the IRS for inclusion in an IRA.
  • Purchase the precious metals: Once the client has made their selection, the advisor will facilitate the purchase of the precious metals and ensure that they are delivered to an approved depository, where they will be stored on behalf of the IRA.
  • Manage the IRA: The precious metals advisor will continue working with the client to manage their IRA account and ensure it complies with IRS regulations. They will provide updates on market trends and suggest changes to the investment strategy as needed.

Pros & Cons of Mcalvany Financial Group

Pros

  • Established reputation: McAlvany ICA has been in business for over 50 years and has a well-established reputation in the precious metals industry.
  • Range of products: They offer a wide range of precious metal products, including gold, silver, platinum and palladium, as well as rare coins and other collectibles.
  • Secure storage options: McAlvany ICA offers secure storage options for investors who want to store their precious metals and other assets in a safe and insured location.
  • Knowledgeable advisors: The company employs experienced and knowledgeable advisors who can help investors develop investment strategies tailored to their needs.

Cons

  • Pricing not listed: One potential drawback is that McAlvany ICA does not list prices on its website. This means that investors will need to contact the company directly to get pricing information, which can be inconvenient for some.
  • Limited information on the website: Some investors may need help finding the information on the McAlvany ICA website to be limited compared to other companies in the industry.
  • No buyback guarantee: McAlvany ICA does not offer a buyback guarantee for their products, which may be a concern for some investors who want more flexibility in their investments.

Why Precious Metals IRA Is a Great Investment

Investing in a precious metals IRA can be a smart move for you as an investor.

  • Diversification: Precious metals such as gold, silver and platinum, have historically had a low correlation with other asset classes like stocks and bonds. Investing in precious metals can help you diversify your portfolio and reduce risk.
  • Inflation hedge: Precious metals have been used as a store of value for centuries and can act as a hedge against inflation. As the value of paper currency decreases, the value of precious metals tends to increase, which can help protect your portfolio from inflation.
  • Security: When you invest in a precious metals IRA, your assets are held in a secure, insured storage facility. This can give you peace of mind knowing that your investments are safe.
  • Tax advantages: Investing in a precious metals IRA can also provide tax advantages. For example, with a traditional IRA, you can deduct your contributions from your taxable income. With a Roth IRA, you can withdraw your contributions and earnings tax-free after age 59 ½.

Is McAlvany Financial Group a Scam?

McAlvany Financial Group Review

McAlvany ICA is a legitimate and trustworthy company that has been a prominent player in the precious metals industry for a considerable period. Its continued presence in the industry is a testament to its credibility and it is evident that McAlvany Financial Group is not a scam.

The company is known for providing high-quality products such as gold and silver coins and bars, that comply with the standards established by the IRS.

McAlvany Financial Group is proud to have earned an A+ rating from the Better Business Bureau (BBB), which is a testament to its commitment to providing excellent service and meeting the highest standards in the industry.

Furthermore, McAlvany Financial Group is BBB-accredited, indicating that it meets the rigorous standards established by the BBB. However, the company has no customer ratings or reviews, which could be a potential drawback for prospective customers seeking feedback from previous buyers.

Despite this, McAlvany ICA is a reputable company that prioritizes educating its clients about investing in precious metals, providing various resources and informative materials on its website.

While other companies in the industry may offer additional services, McAlvany Financial Group remains a dependable and trustworthy option for individuals looking to invest in precious metals or set up a precious metals IRA.

Final Thoughts

McAlvany Financial Group prides itself on providing its clients with high-quality precious metals and lifetime warranties. Their knowledgeable staff advises on various physical precious metals such as bullion coins, bars, semi-numismatic coins and collector coins. The company also provides secure storage solutions for clients' precious metal holdings.

While McAlvany Financial Group is a legitimate company, it may not be the best option for everyone. They may not be the ideal choice for investors looking to make cash purchases of physical precious metals. Some other reputable dealers and brokers may provide better pricing and service.

It is worth noting that McAlvany Financial Group specializes in helping clients open and manage Precious Metals IRAs, which can be a great investment strategy for some investors. However, it is important to do thorough research and consult a financial advisor to determine if a precious metals IRA is right for your investment goals.

While McAlvany Financial Group may not be the best fit for every investor, they have a solid reputation in the industry. They may be worth considering for those interested in Precious Metals IRAs or seeking secure storage solutions for their physical precious metals holdings.

If you are looking to invest, don't forget to checkout our highest recommended companies!

>> Click Here To See Our Top 5 Recommended Precious Metals Investment Companies <<

Currently our #1 recommendation is offering up to $10,000 in free silver!

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