When you’re investing, you would hope that the company you choose would treat you and your money as if it was their own. Do any companies like that even exist anymore?
I’ll be honest, I was skeptical that I’d find one, but I did. I came across that “unicorn” and I’m here to share with you an honest review of Cornerstone Asset Metals.
Cornerstone Asset Metals was launched in 2008, which means it’s still kind of new in the precious metals industry. Don’t let that dissuade you, though. They are not only a great option, but they are award-winning.
Before you choose Cornerstone Asset Metals, keep reading this review to find out why I would recommend them for your precious metals needs.
Who is Cornerstone Asset Metals?
Cornerstone Asset Metals is a member-owned financial services company that was founded in 2008 in Denver, Colorado by John S. Harris who was the Chairman, President, and CEO. The current President and CEO are Steve Grewal and the current operations vice-president is Garry Driscoll.
Cornerstone Asset Metals is different from traditional investment companies by being membership-based. They also cater to younger investors (millennials) who are interested in something new in investing and who are also concerned about the sustainability of their investments.
Their goal is to help investors to find financial freedom with the recurring income from precious metals.
If you want a company that stands apart from other investment companies, you may want to check out Cornerstone Asset Metals.
Their staff is extremely knowledgeable and helpful, ensuring that investors get the best possible interest rates and the personal attention that other companies don’t offer.
What Are the Pros and Cons of Using Cornerstone Asset Metals?
If you’re unsure about choosing Cornerstone Asset Metals, let’s break down the good and the bad:
Pros
- The membership model allows investors to buy shares in the company to receive a portion of the profits
- Strict focus on precious metals and not jewelry, collectibles, or other luxury goods
- Unlimited, free consultations with experts
- Low fees compared to other similar companies
- Deliver products in a lock-box directly to the investor’s front door
Cons
- Cornerstone Asset Metals only sells its products in a few countries (U.S., Denmark, Switzerland, Australia, Israel, Canada, and New Zealand)
- As a privately-held company, outsiders cannot judge the company based on their numbers
Stocks are not publicly-traded - They do not offer advice on taxes or legalities, unlike other companies
- You can only buy precious metals from Cornerstone Asset Metals (gold, silver, platinum, and palladium)
- As you can see, Cornerstone Asset Metals offers some very good benefits and has a few cons.
FAQs about Cornerstone Asset Metals
How do I invest with Cornerstone Asset Metals?
If you have decided that you want to invest with Cornerstone Asset Metals, you will have to pay an upfront membership payment of $995.
This is a down payment on gold bullion and once that is paid, you can then purchase whatever precious metals Cornerstone Asset Metals has available, including gold, silver, platinum, and palladium.
How much do they charge?
Cornerstone Asset Metals charges $25 per month plus commissions on all their precious metals, which is one of the lowest you’ll find in the industry.
This includes delivering your precious metals to your doorstep, as well as storing them, selling them, and even getting monthly dividends from their profits.
Is Cornerstone Asset Metals a scam?
No, Cornerstone Asset Metals is not a scam. They have been ranked as the Best All-Around Investment Company in 2014 and they continue to have an exceptional track record and excellent reputation.
The Verdict on Cornerstone Asset Metals
I like the business model used by Cornerstone Asset Metals. Not only are they unique in the precious metals industry, they are transparent and have consistent positive financial performance.
If you are someone who is looking for a company that is a little different, and offers up exceptional customer service, along with access to all the precious metals you could want to diversify your IRA, then you may just want to consider a membership with Cornerstone Asset Metals for all your financial goals.
About Edwin Cannon
Edwin Cannon has spent his entire career in the financial industry and specializes in alternative investments and surviving marketing turbulence. He started My Retirement Paycheck to help educate consumers about retirement investment options that aren't typically introduced by advisors.