Investing on assets are garnering traction among many people today. Thus, one would like to know the answer to ‘Is Guidant Financial A Scam?’.
Additionally, I will provide a comprehensive take about their products and services.
Admirably, this company claims to handle both precious metals and self-directed IRAs. Alternatively, they also conduct business regarding financing as well as business funding.
Undeniably, investing in gold is becoming a trend for numerous reasons. Hence, it is imperative to not commit any mistakes choosing the right company.
Normally, it is better to do your own research regarding these important matters beforehand. However, referring to another material would never hurt. In a way, it would give you more valuable inputs from a neutral point of view.
Without further ado, let us start this ‘Is Guidant Financial A Scam?’ article!
Guidant Financial Review Quick Summary
Name: Guidant Financial
CEO: David Nilssen and Jeremy Ames
Fees: Varies
Products: Business funding, financing, IRA
Rating: 3.5/5
What is Guidant Financial?
This Washington-based financial firm started during 2003. Without a doubt, they are serving people with much vigor and professionalism to last this long.
In addition, they claim that they have already given aid to well over 25,000 small businesses.
For their total funding allocation, they reported an amount of $3 billion. Also, they employ more than 100 employees. For a company this large, their products and services also are on par with their manpower and business capacity.
Their website also is intuitive and easy to navigate. To illustrate, they have specific sections for important matters. Fortunately, they dedicate a ‘Learning Center’ clickable button to help potential clients have a better grasp of things.
Although, it is important to know that some of their material resources are locked behind account creation. Therefore, you must first create an account in order to have full reach of their services.Products and Services
For this part, I will be listing all of the products and services you can expect from Guidant Financial. Although, there are some options that you, potential clients, will not be able to avail. Here are the business ventures you can expect.
- 401(k)
- Rollovers
- Self-Directed IRA
- Precious Metals (Gold, Silver, Platinum, Palladium)
- Loans
- Leases
- Growth Capital
- Business Services
- ROBS (Rollovers for Business Start-Ups)
For the full list of the services they offer, you can click the button ‘Fund Your Business’!
A word of caution. For the first four items on this list, I was unable to find any meaningful information on their platform. Nevertheless, news about these might reach you through one of their representatives.
Dealing and opening individual retirement account requires a lot of attention and information gathering. Furthermore, a lot of things are to be considered. For example, partner depositories, minimum account, dealings with the IRS, and so on.
Most likely, they left information about some of these items lacking to allow dialogue with their team. However, some potential clients might be dissuaded from conducting business with this firm.
Is there a gold IRA company that is transparent and willing to give you all the information from the get-go? Goldco is my top recommended IRA firm for many reasons. Do read my article regarding this company here!
How Does It Work?
To start, I have already mentioned about the missing information regarding some of their items. For those that do have, I will be tackling all about them here.
Let us start with the preliminary steps you need to accomplish
- Explore your financing options
- Review them with an expert
- Get your business funded
For the first step, you will be given several options in relation to your capabilities and requirements. In a simpler term, a personalized funding option. This includes the maximum funding amount, options, and financing comparison chart.
Next, scheduling a call or meeting with an expert on their team. On this part, you will tackle on different questions regarding the possible options at hand. Equally important, the terms and conditions will be laid out on this step.
Lastly, it is time for your business to get the necessary funds it need. Obviously, a review of all the things you have agreed upon will also take place in this stage. Overall, it is a fairly simple transaction.
For their main attraction, the ROBS or Rollovers for Business Start-ups. A separate FAQs can be accessed here.Customer Ratings and Reviews
- Better Business Bureau - A+ rating, accredited since March 2004
- Business Consumer Alliance - no ratings and reviews available
- Trustpilot - 3.2 out of 5 based on 1 review
- Yelp - 2.5 out 5 based on 44 reviews
- Glassdoor - 4.6 out of 5 based on 99 reviews
Pros and Cons
Pros
- Varied options for products and services
- Offers IRA
- Financing and funding is available
- Generally cheap when it comes to fees
- Online platform is intuitive and easy to navigate
- Already in the industry for almost two decades
Cons
- No relevant information on some products
- Application process takes a bit of time
- Disbursement of funds will take a while
- Customer service is of main concern
- Reviews are tipping on the negative side
Conclusion
To conclude, this 'Is Guidant Financial A Scam?' article states that this company is indeed a legitimate one and is not a scam. In its own ways, they managed to stay afloat in the industry.
Commendably, their range of products and services deserve all the praises. Although, it is quite unfortunate that they provide little to no information regarding them.
Next, their satisfactory solutions for small business is a thing to behold. In a way, they are creating opportunities for individuals who wants to a start on their own. For that, I give them two thumbs up!
Although, it is worth noting that they have their fair share of complaints. After all, this is a financing company after all and problems are bound to arise.
This piece of information may seem like a red flag, but it is not necessarily a bad thing. You can contact one of their representatives to clear any queries you have about their company and their services.
As usual, I always recommend investing in Goldco, the top company when it comes to investing in IRA!
With that, I give you my thanks and appreciation for reading my articles. Moreover, your comments and suggestions are deeply appreciated. Do leave in the comments section below.
