(UPDATED SEPTEMBER 2023) Hello and welcome to my 'Alexandria Capital Review!' Ever want to conduct business with an organization that follows the philosophy of 'client-first- above all else? Are you looking for a firm that can help you in your investments? Then look no further.
For that reason, this article will review the company named 'Alexandria Capital', from its background information, to its actual status (legit or scam?), and their activities and processes.
Without further ado, let us get this Alexandria Capital Review started.
Alexandria Capital Quick Summary
Name: Alexandria Capital
CEO: Augustin Hong
Services: Asset allocation, retirement planning, etc.
Fees: No information available
Rating: 2/5 (Not recommended)
What is Alexandria Capital?
This Arlington, Virginia-based company claims that as early as 1987, they are helping their clients with their financial decisions, partnered with their commitment to improve quality of life.
In their website, they have this concept of 'ThinkBrilliant Platform', wherein a group of professionals and experts of the industry help you in your planning while being afforded the highest degree of interest and priority.
Apart from this platform, they also have 'TotalWealth Solution' in which concrete plans and decisions will be made regarding your financial activities with the aid of advisors and people with knowledge.
According to InvestingReview.org, Alexandria Capital registered with the SEC October 1, 2003. Currently, it has over 20 employees, 12 of which are in advisory roles.
Company Management
According to its website, Alexandria Capital's CEO and Co-Managing Partner is Augustine Hong.
Mr. Hong has spent more than 30 years being in the finance industry, helping various investment management and wealth advisory companies grow into enterprises.
Furthermore, Mr. Hong served crucial roles in other companies such as the following:
- Founder and President of Princeton Advisory Group
- Founder and manager of Botree Capital Partners
- Chairman and President of ImaginAsian Entertainment
Products and Services Offered
Alexandria Capital offers an extensive list of services and products. This list will help in determining whether or not this company can help you in what you need.
- Asset Allocation
- Inheritance Planning
- Retirement Planning
- Insurance Planning
- Tax Return Review
- Investment Management
Additionally, Alexandria Capital has both 401(k) rollover accounts and IRA. However, the process of acquiring and creating such is not stated in their website, or is probably a locked content behind an account registration through their website.
With this in mind, I heartily recommend Goldco. Information and the corresponding prices and fees of products and services can easily be located. Transparency at its highest degree!
How Does It Work?
As I was looking at their website, it was eerily empty. Granted they provide many articles and probably good reads here and there, no essential information is given.
As a warning, it was overwhelming on my part to click on pages that had zero primary information about their products and services. This will discourage potential clients surely.
The only ways you can gather information about their products and services are: One, contact one of their representatives. And two, paying a visit to their facility.
Neither of these ways will appeal to potential buyers who are just surfing online for good precious metals and IRA firms, although some might try contacting them every now and then.
Nevertheless, I doubt that someone would try going to their address to conduct business especially with the restrictions and risks brought upon by the pandemic.
A top recommended precious metals dealer that can be found here will give you direct explanations about precious metals and IRAs.
Alexandria Capital Reviews and Ratings
1. Better Business Bureau - Not accredited, no reviews
2. Business Consumer Alliance - No reviews and ratings
3. Trustlink - No reviews and ratings
4. Yelp - Has a dedicated page, no reviews and ratings
5. Defaulters - 1 review indicating it is a scam, 1 out of 5 stars
As you can see from these not-so-comprehensive assessments of how Alexandria Capital works and interacts with their customers, you might already have an inkling whether or not to invest in this company.
Even more, the one review from Defaulters initiated a temporary restriction when it comes to reviewing Alexandria Capital. The allegation that this sole review made is that this company is a scam.
Apart from this, Alexandria Capital has no reviews from the reputable websites and organizations listed above. If you want to deal with a reputable company, you can do so by clicking here.
Verdict - Scam or Not?
Alexandria Capital is clearly not a scam, at least with these reasons. It has a physical store, a means to contact them, and the names of their management team can easily be seen.
However, I have almost nothing to say about its products and services,. There seems to be a wall which prevents clients from fully knowing what this certain product and service entails.
Moreover, there are no statements regarding annual fees, prices, medium of storage, and all of the principal information needed to persuade customers into conducting business with them.
Add to the fact that there are no online reviews and ratings available. This speaks volume of a firm that claims to be founded in 1987. And the only review they have is about them being involved in fraud! Not really a thing this company should be proud of.
Taking all of these into account, I would not recommend Alexandria Capital to you. If you are looking for a company that will satisfy all your needs, you must read more about Goldco.
Thank you for reading this 'Alexandria Capital Review'. If you have any comments and suggestions, do leave them in the appropriate section below. It is deeply appreciated!
