What is Madison Trust Company?
Madison Trust Company offers independent IRAs to meet the demands of investors. Daniel Gleich & Mervyn Klein founded the company in 2009 as Board Financial, an IRA LLC assistance service.
Gleich established Madison Trust Company because he intended to form an independent IRA Firm to add to his dad’s pension investment.
Madison Trust Company was capable of helping over 10,000 employees achieve freedom from debt by diversifying their retirement savings accounts in only a few days.
This firm has fully matured, with numerous customers spanning 50 states and over $3 billion in investments under management.
To assist its customers in their investing journey, the company offers asset-based and flat-rate costs, uncompromised assistance, & a service-oriented approach.
Madison Trust Company provides a variety of financial products and services to customers, who are interested in expanding their financial position.
For a detailed overview of the company, read: Madison Trust Company Reviews.
People Behind Madison Trust Company: CEOWho owns Madison Trust Company? What is the management team behind Madison Trust Company?
Daniel Gleich and Mervyn Klein founded the Madison Trust Company in 2009. In order to diversify his father’s retirement portfolio, Daniel, with the help of the difficult process of setting up an IRA LLC on his own.
Daniel Gleich: CEO and President
Daniel Gleich has almost twenty-five years of financial experience. He is the President & CEO of Madison Trust Company, and he is responsible for setting the company’s goal, lifestyle, & ethos. By utilizing his acute business sense, creative know-how, and innovation, Mr. Gleich is always propelling the organization upward and keeping it at the forefront of the banking and finance sectors.
Madison Trust Company Reviews: BBB Read all the Madison Trust Company BBB reviews.
Better Business Bureau (BBB):
Madison Trust Company has a BBB rating of 4.84 out of 5 and an A grade, according to the Better Business Bureau website. BBB records claim that the company has been registered since 4/2/2015.
This company was founded nine years ago. Firstly, the Better Business Bureau website claims to have an A+ rating, however, its rating has dropped and it currently has an A rating on the BBB website. What became of the Madison Trust Company? Is it a sham business?
Some Negative Reviews on BBB
#1. According to a client who filed a review on the Better Business Bureau’s website, the services supplied by the organization, Madison Trust organization, did not fulfill his needs. To transfer funds from his account, he must have a clear copy of the receiving custodian’s outbound transfer papers. In this circumstance, he was unable to send over his funds because all of the paperwork appeared to be illegible by members of the business’s team. Unprofessional!
#2. According to one of Madison Trust Company’s client reviews, the business does not provide good customer service. They consistently make me wait a long time for my money while making up excuses for everything. They do not accept ACH transactions in order to complete the payment on the 22nd of the month. In the end, the distribution will no longer be transmitted.
#3. One of its customers, Chris W, indicated that he does not trust this company and that he cannot simply obtain dollars from them. I’ve had an account with them for over a year, but it’s been difficult to move my funds. They informed me that they had lost my docs file, which I had uploaded twice. They also misplaced a confirmed fax. When I sent them money, the corporation lied to me regarding receiving it. Then I sent them my broker’s statement. Fraud!
Some Positive Reviews on BBB
#1. John T believes that Madison Trust Company was well-built and offered exceptional customer service. It offers excellent amenities to its clients.
#2. Emily P characterizes the organization as “kind, educated, and extremely helpful in managing the setup of their IRA accounts & rollovers. She also states that the remainder of the firm’s workforce is highly helpful, answering all of my queries and making it beneficial for me.
#3. Super F describes them as a genuinely wonderful company. He alleges that the business assisted him in accessing 401k monies via a self-directed IRA process. It has the best guidance and explanation expertise, as well as knowledgeable staff.
For more details about the company, read: Madison Trust Company Reviews.
Is Madison Trust Company Legit? Should You Invest With Them?Is Madison Trust Company a scam or legit? Are they worth it?
No, I don’t believe you ought to make investments with them.
Madison Trust Company is a legit company, but, it has some flaws that cannot be overlooked.
Therefore, the company has a large number of bad ratings and complaints on the BBB website. These can be significant difficulties for any investor.
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