Our Score: 9.6/10
Is Oxford Gold Group As Good As Advertised?
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In our extensive research of the precious metals industry, Oxford Gold Group has consistently emerged as a standout name. What sets them apart is not just their highly competitive prices and exceptional customer service, but also their commitment to providing invaluable investment education, all free of charge. Reading some reviews of fellow investors have only served to underscore this positive reputation, solidifying our favorable perception of Oxford Gold.
However, we are not ones to base our judgments solely on popular opinion; We place great importance on thorough research. Therefore, we meticulously delved into the company’s background to ascertain the authenticity of the acclaim surrounding them. Our approach stems from the realization that investing in precious metals constitutes a significant decision, one that demands meticulous evaluation and a thorough exploration of all available avenues.
Consequently, we conducted a comprehensive analysis of Oxford Gold Group, meticulously evaluating every facet of their offerings. This review enabled us to form a well-informed opinion on whether choosing to invest with them is a prudent decision or not.
Oxford Gold Group: An Overview
Situated in Beverly Hills, California, Oxford Gold Group presents itself as a secure sanctuary for investors seeking to allocate their retirement funds into precious metals. Above all, the company is devoted to shepherding clients through every stage of their precious metals investment journey.
Founded by individuals united by a common objective, Oxford Gold is committed to aiding retirees in safeguarding their wealth and constructing a well-rounded investment portfolio. This mission holds paramount importance in today’s volatile financial landscape, where conventional assets such as stocks and bonds are swiftly diminishing in value. Recognizing the need to shield individuals from market instabilities, the company swiftly grasped that encouraging investments in steadfast assets like precious metals was the way forward.
Presently, the company specializes in converting existing IRAs and 401(k)s into precious metals, offering competitive pricing and direct metal delivery services.
Furthermore, their stellar A+ Better Business Bureau rating solidifies their standing in the industry. Notably, Oxford Gold Group owes much of its exceptional reputation to its top-notch customer service. They have engaged industry experts dedicated to dispensing expert guidance at reduced fees.
This unwavering focus on customer interactions continues to attract investors, serving as a cornerstone of their ongoing success.
What Does Oxford Gold Group Offer?
WIDE VARIETY OF PRECIOUS METALS
A distinguishing feature of a top-notch precious metals dealer lies in the diverse range of precious metals it provides. Oxford Gold Group excels in this aspect, offering its clientele a wide selection of precious metals, including gold, silver, platinum, and palladium coins and bullion. Whether you opt to collect these assets or store them in your IRA is entirely at your discretion.
Remarkably, the company boasts an impressive array of coins minted by renowned royal mints from various countries. On their official website, you can explore coins originating from Australia, Canada, the United Kingdom, and Austria. This extensive selection, based on my experience in the precious metals industry, stands as a significant advantage for customers looking to enhance their investment portfolios with diverse options.
As a point of reference, here are some of the rarest gold and silver coins offered by the company:
- 2013 Gold Canadian Polar Bear coin ¼ oz
- 2014 Gold Canadian Arctic Fox coin ¼ oz
- 2019 Gold Bottlenose Dolphin coin ⅓ oz
- American Gold Eagle 1 oz
- 1964 Kennedy Half Silver Dollar BU
- 2021 Seated Brittania silver coin 1.25 oz
IRA ROLLOVERS
Oxford Gold Group is dedicated to simplifying the IRA setup process for investors, offering comprehensive assistance to customers looking to transfer their funds from an existing IRA or 401(k) to the new IRA established with Oxford Gold Group.
Personally, we found the procedure remarkably straightforward. We began by locating their phone number on the website and contacted Oxford Gold Group. A helpful company representative assisted us in setting up our self-directed IRA, guiding us through the process. They also aided in the seamless transfer of our assets from our traditional IRA.
Upon establishing our self-directed IRA, we needed to find a reliable custodian to safeguard our assets. Although Oxford Gold Group does not endorse specific custodians, based on our own positive experience, there are a few trusted names we recommend.
- Equity Trust
- Kingdom Trust
- Goldstar Trust
Once we established our IRA through Oxford Gold Group, they assisted us in transferring our assets from the subsequent accounts:
- Roth or Traditional IRA
- SEP IRA
- 401(k)
FREE INVESTMENT GUIDE
What distinguishes Oxford Gold Group as a premier investment partner, in our opinion, is their unwavering commitment to investors. This dedication is exemplified by their provision of a complimentary investment guide to prospective clients, aimed at enriching their comprehension of various investment avenues.
Beyond its astute marketing approach, this gesture underscores the company’s genuine concern for the overall welfare of investors, particularly retirees.
THOROUGH CUSTOMER EDUCATION & MARKET NEWS
Oxford Gold Group, like other leading dealers in precious metals, places a strong emphasis on educating its customer base about the merits of investing in these valuable commodities, particularly during periods of economic uncertainty. The company’s commitment to education is underscored by its knowledgeable customer service representatives who excel in elucidating the advantages of investing in gold, silver, and platinum.
Upon exploring their website, we found an impressively organized research section, featuring:
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A Comprehensive Learning Center: Offering a wealth of educational resources curated by Oxford Gold, providing a thorough understanding of investing in precious metals.
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Extensive Articles Library: A vast collection of articles covering diverse topics related to the precious metals industry, equipping visitors with in-depth knowledge.
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Up-to-Date Market News: A dedicated section delivering current market data, including charts and spot prices, for gold, silver, and platinum. This ensures visitors stay well-informed about market trends and fluctuations.
HELPFUL AND KNOWLEDGABLE CUSTOMER SERVICE
We previously highlighted the exceptional customer service offered by Oxford Gold Group, and it truly stands out as their most impressive feature. Drawing from our personal encounters with the company and our knowledge of their policies, it’s evident that their customer service team is dedicated to assisting customers at every stage of their investment journey.
Whether clients are setting up their self-directed IRA or selecting the precious metal assets for their investment portfolio, Oxford Gold Group’s customer service representatives expertly navigate each step. These professionals, boasting over two decades of industry expertise, excel not only in their experience but also in conveying that wealth of knowledge effectively to their clients.
For a more personalized perspective, we had a phone conversation with them, during which they connected us with my designated customer service representative. He patiently guided us through the process of setting up a self-directed gold IRA, taking the time to understand our financial objectives. He also clarified how this investment choice aligned with safeguarding our wealth and ensuring stability amidst market fluctuations.
Having someone knowledgeable to lead us through the steps, addressing our concerns and ensuring we made a well-informed decision, was incredibly reassuring. This instance highlights how Oxford Gold Group’s customer service goes beyond mere information-sharing, providing tailored and practical guidance that suits the unique needs of individual investors.
EXTREMELY COMPETITIVE PRICING
Oxford Gold Group has attracted a lot of customers, with their competitive pricing. We were pleased to find that they are one of the few precious metal dealers that doesn’t charge additional markups. Their pricing structure is very direct, which was a welcome change from many other companies.
Essentially, Oxford Gold Group charges a price that is very close the the spot market price for any of their precious metals. We also noticed that they offered us frequent discounts and promotions as a valued customer.
How to Invest with Oxford Gold Group
Not only does the company offer competitive pricing, comprehensive educational resources, and highly responsive customer support, but it also provides a streamlined and user-friendly procedure for customers to establish a self-directed IRA account.
Oxford Gold Group has taken the extra step of outlining the entire process on their official website. Let’s delve into the steps of this process:
OPEN YOUR SELF-DIRECTED IRA
To initiate your investment journey with the company, the initial step involves establishing an SDIRA through them. The good news is that Oxford Gold Group eliminates the need for you to seek out and pay a financial advisor for assistance in this process.
The company offers the expertise of its in-house advisors to facilitate the setup of your gold IRA, and this service comes at no cost to you. These advisors handle all the necessary paperwork on your behalf, ensuring a hassle-free experience. Additionally, they provide you with detailed guidance on the subsequent steps. Furthermore, they assist you in selecting the custodian for your account, making the entire process streamlined and convenient.
FUND YOUR IRA
After successfully establishing your gold IRA with the company, the subsequent action involves funding the account, either through a direct contribution or by transferring funds from your current traditional IRA. The great news is that Oxford’s team of specialized gold IRA experts will assist you throughout this process.
These experts take the initiative to liaise with your former IRA’s custodian and facilitate the connection between them and your new custodian, kickstarting the transfer process. Oxford Gold Group provides you with the flexibility to transfer funds not only from an existing traditional IRA but also from a Roth IRA, SEP IRA, or even a 401(k) account.
BUY PRECIOUS METALS
After the funds have been successfully transferred to your account, your assigned gold IRA specialist will promptly reach out to discuss the next steps. During this conversation, they will take your preferences into account and recommend suitable precious metal investments tailored to your specific needs and requirements.
After acquiring your precious metals through Oxford Gold Group, they will be dispatched to your selected IRS-approved storage facility with utmost security, ideally the Delaware Depository.
TRACK INVESTMENT PERFORMANCE
Effective monitoring of performance is essential for a thriving self-directed IRA. Many companies offer user-friendly dashboards designed for tracking your investment performance. With Gold IRAs, you gain access to versatile buying and selling options, enabling you to adapt swiftly and efficiently to dynamic market conditions.
LIQUIDATING YOUR ASSETS
Once your valuable metals are securely transported to your selected facilities, they are immediately placed under the care of your chosen custodian. Consequently, there’s no need for you to reach out to either your custodian or Oxford Gold Group for updates regarding your assets until the point of sale and liquidation. When you opt to sell, Oxford Gold Group will repurchase the metals from you.
Oxford Gold Group Fees
Oxford Gold Group’s website lacks detailed information about their fee structure. Having invested with the company, we can provide you with the specifics. For accounts holding over $100,000 in precious metals, an annual fee of $225 applies. If your account has less than $100,000 in precious metals, the annual fee is reduced to $175.
When establishing a new gold IRA, the company imposes no additional fees. Apart from the annual fees we mentioned earlier, there are no extra charges. Notably, Oxford Gold employs a flat fee system, which is advantageous given the unpredictable nature of the gold market.
Oxford Gold Group Pros
- Provides a pricing structure that is both competitive and transparent.
- Presents a diverse selection of precious metals for customers to explore.
- Boasts a team of highly professional and experienced staff members.
- Furnishes a comprehensive learning center tailored for novice investors.
- Allows customers to access a free investment guide even prior to making an investment with the company.
- Facilitates a straightforward and uncomplicated process for creating a gold IRA.
Oxford Gold Group Cons
- The website does not provide clear information about their fee structure.
- Do not provide any online monitoring options for their investments.
Our Final Verdict
Oxford Gold Group has undeniably earned a favorable reputation over its years in the precious metals industry. This reputation is well-deserved, given the company’s extensive range of commendable services.
However, it is advisable to speak with them directly before making any decisions. This is because their fee structure, not clearly outlined on their website, may vary and change over time.
Enrolling in IRA services can help investors protect their wealth from market fluctuations and inflation. Additionally, incorporating precious metals into a diversified investment strategy offers the potential for long-term value. Prior to making any financial choices, it’s advisable for individuals to conduct extensive research and seek guidance from financial advisors. This ensures that a precious metals IRA aligns with their investment objectives and risk tolerance.
Regardless of your choice, we trust that this review has been beneficial in guiding you towards a well-informed decision tailored to your specific needs and preferences.
SEE OXFORD GOLD GROUP DEAL >>
WHAT WE LIKE MORE
- A+ Rating from BBB
- Free Delivery of Precious Metals
- Up-to $10,000 in Precious Metals for Free with Purchase
- Competitive & Transparent Pricing Structure
- Free IRA Set-up and Storage
- Recommended by Jesse Kelly and Buck Sexton
WHAT WE LIKE LESS
- Oxford’s website does not provide clear information about their fee structure.
- Oxford does not provide any online monitoring options for their investments.