Oxford Gold Group, a prominent player in the gold IRA industry, has been making waves since its inception in 2017. This article delves into the leadership that has steered the company to success, particularly focusing on co-founder and CEO, Patrick Granfar, and CFO, Jonathan Adler.
It also sheds light on the company’s journey, its current status, and its approach to customer service.
Patrick Granfar, the co-founder and CEO of Oxford Gold Group, kickstarted his professional journey at the University of California, Los Angeles (UCLA), as indicated by his LinkedIn profile. His first professional role found him managing sales for a mortgage company, laying the groundwork for his future ventures in finance. A blend of roles within lending and mortgage businesses shaped his early career.
Experience in the Gold IRA Industry
Granfar’s experience in the gold IRA industry is notable, with stints at Augusta Precious Metals and Lear Capital. He served as a Senior Account Executive at Augusta Precious Metals for eight months in 2016, following which he joined Lear Capital. His tenure at Lear Capital, a self-directed IRA processing company, was marked by his role as a Senior Portfolio Manager.
However, it’s important to note that Granfar had left Lear Capital before it was embroiled in a class-action lawsuit. Filed by New York Attorney General Letitia James in June 2021, the lawsuit accused Lear Capital of failing to disclose hefty commissions charged to consumers. Granfar had already set the foundation for Oxford Gold Group by this time.
Jonathan Adler: CFO of Oxford Gold Group
As the Chief Finance Officer of Oxford Gold Group, Jonathan Adler plays a crucial role in the company’s operations. Adler’s educational journey took him to the University of Southern California and California State University, where he honed his skills in International Relations and Affairs, and Political Science.
Adler spent 13 years at a private company, unnamed on his LinkedIn profile, where he donned several hats, predominantly in operations and business development. His wealth of experience has undoubtedly contributed to Oxford Gold Group’s success since its inception.
About Oxford Gold Group
Oxford Gold Group, headquartered in the upscale neighbourhood of Beverly Hills in Los Angeles, California, was founded in 2017. The company assists investors in opening a gold IRA or other precious metals IRA and selling physical precious metals. They also facilitate the transfer of funds from traditional IRA or Roth IRA for gold IRA rollovers.
An additional feature that sets Oxford Gold Group apart is its buyback guarantee for customers purchasing gold coins or gold bars. The company is among the select few in the industry offering an extensive selection of precious metal IRA and physical precious metal options.
Oxford Gold Group’s Fee Structure
Investors considering Oxford Gold Group should note the company’s fee structure. The firm levies an annual maintenance fee of $175 for accounts valued below $100,000 and $225 for accounts over $100,000. There’s also a minimum investment requirement of $1500 for gold coin or bullion purchases.
Present-Day Success of Oxford Gold Group
Despite being a relatively new entrant in the gold IRA industry, Oxford Gold Group has made its mark. The company’s impressive customer service has won it numerous accolades. Customer testimonials often highlight the company’s seamless process for opening a gold IRA.
Oxford Gold Group has partnered with reputable custodians, STRATA and Equity Institutional, to manage gold IRA documentation requirements. For storage needs, it recommends two of the country’s best and most reliable IRS-accredited depositories, Delaware Depository and Brinks Global Services, with which the company has partnerships.
Investing in gold with Oxford Gold Group comes with a host of benefits:
Low minimum investment requirements
No setup fee charges for gold IRA
No additional costs on maintenance fees
Rebates on maintenance fees for certain investment levels
An excellent buyback program on gold or silver coins
Oxford Gold Group’s Customer Service Approach
Oxford Gold Group’s approach to handling customer complaints sets it apart from its competitors. They take customer complaints seriously and respond promptly with personalized responses, unlike the templated responses commonly used by other companies. The absence of pending lawsuits or complaints against the company speaks volumes about its customer service practices.
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Patrick Granfar’s rich professional background has been instrumental in shaping Oxford Gold Group’s success. His experience with Augusta Precious Metals and Lear Capital has ensured that Oxford Gold Group’s customers receive top-notch customer service and a wide range of precious metal options.
e after careful consideration and consultation with a financial advisor.