What Is Goldworth Financial? (It Shutdown?) (Updated 2022)

April 28, 2022

What Is Goldworth Financial

Welcome to my "What Is Goldworth Financial?" review!

(UPDATED 2022)

If you are looking to jump into precious metals, then you have a lot of companies to choose from. Along the way, you may have heard of one called Goldworth Financial.

Well, before you decide on choosing this company, you better read this review. What is Goldworth Financial? Is it legit? Well, you are about to find out what's going on with it.

Let's get started.

Goldworth Financial Review Quick Summary

Name: Goldworth Financial

Website: goldworth.com/

Founder and CEO: Unknown

Rating: 1/5

What Is Goldworth Financial logo


What is Goldworth Financial?

Goldworth Financial was a precious metals dealer that had a wide selection of products for its clients. It started in 1999 in Woodlands, California.

It takes pride in its direct access to foreign markets, making them able to provide products for its clients from overseas at affordable costs.

Furthermore, this removes the high foreign exchange rate mark ups. Clients can avail products without needing any foreign bank accounts as well.

Goldworth Financial was a member of IPMI (The International Precious Metals Institute), NACA (North American Collectibles Association, CCE (Certified Coin Exchange) and ICTA (Industry Council of Tangible Assets.

However, the company came to an end. Why? You are about to find out later on.

Goldworth Financial Products and Services

Goldworth Financial offered precious metals such as gold, silver, platinum and palladium. Moreover, there were IRA-eligible metals.

Apart from these, there were also rare coins, bullion coins and foreign coins. Goldworth Financials preferred storage service was First State Depository.

While its preferred IRA custodians were New Direction IRA, Sterling Trust, Equity Institutional and Equity Trust.

Goldworth Financial Pricing and Fees

Goldworth Financial's fees were the following:

  • Set up fee - $140 - $290
  • Admin (annually) - $75 - $295 (Scaled)
  • Storage (annually) - 0.6% of account value (Scaled)

Additional pricing and fees were not revealed. The only way to find out was to give the company a call.

While other companies charge clients with various fees, Augusta Precious Metals is one of the companies that offer free fees in qualified orders.

Why did it run out of business?

In case you haven't noticed, if you visit its website, it is already taken down. As of 2022, it is still "offline". However, surprisingly, a lot of investors are not aware of this. Some experts claim that it was because Goldworth Financial was not managed properly.

Another one is that maybe it received complaints that were never resolved. Thus, actions had to be exercised which led to the downfall of Goldworth Financial.

Currently, there is still no exact reason revealed as to why the company ran out of business. It is quite unfortunate because Goldworth Financial did have a good run as a precious metals dealer.

If you are looking for the best precious metals company today, you can always check out Augusta Precious Metals!

Thank you so much for reading my "What Is Goldworth Financial?" review! If you have any comments or questions, feel free to leave them in the comments section.

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