Today we are going to review McAlvany ICA! What is McAlvany ICA? Are you on the search for a trusted precious metal company? Let’s find out if they are the right match for you!
Company: McAlvany ICA (International Collectors Associates)
Contact information: David McAlvany (CEO)
Price: Depends on your investment
Who is it for: Precious metal collectors
Overall rating: (3 / 5)
Important to mention! (before we continue with the review)
We always strongly recommend doing your research online before you choose a company to invest in. There are so many reviews online where former clients claim they have been ripped off and scammed. One (very common) tricky way companies get away with this is they disguise charges in so-called “hidden fees”.
So always be aware and please, investigate completely before you make your choice when it comes to big investments.
With that being said, let’s continue with the review!
What is McAlvany ICA? – Overview
In 1972 this precious metal company was founded by a man named Don McAlvany. Today, his son David is leading the business from the headquarter in Durango, Colorado. With over 40 years of experience in the industry they have provided their clients with IRA-eligible coins and bars as well as numismatic coins.
McAlvany ICA has a mission to educate and inform their clients about all the details of a precious metals investments. On their website they offer plenty of free guides and resources on the advantages of these kind of investments. They also have a Market News page where they provide live and newly updated articles and info about the market.
166 Turner Dr, Durango, CO 81303-7975
The products and services offered
In McAlvany ICA product catalog they offer gold and silver coins and bars, as well as one-ounce platinum bars. They also have some collectible coins and numismatic coins for their clients who are interested in collecting. However it is worth to mention that they do not have any palladium products in their catalog.
How does it work?
After you have chosen which product you want to purchase from their catalog you will have to add them to a request list. To submit your request you will then need to fill out a form on your personal information. An advisor will then contact you from the company to discuss your purchase and help you to select your portfolio.
Another option is to contact McAlvany ICA directly through the phone (1-800-525-9556) or by email at email@example.com for advice on any purchases.
McAlvany ICA are not transparent on which IRA custodian they are linked to and the same goes on which depository they cooperate with for secure vault storage.
Do they offer a buyback program?
I could not find any information on this, you would have to contact them to find out more.
How good is their support?
You learn a lot from researching companies, and one thing that always stands out in the overall appearance of a business is their online profile, especially in this digital era. A good marker on this is to check if the links on the website are newly updated, if they have a clear contact page where you can reach out to a sales reps, if the website is user-friendly and easy to navigate. All these questions are important for the customer satisfaction.
McAlvany ICA does not have a live chat on their website but you can contact them via mail or phone.
Call them at 1-800-525-9556
Email at firstname.lastname@example.org
On their website they have a lot of information and updated blog posts on the precious metal market. David McAlvany also hosts a podcast and the company has a YouTube channel that post weekly commentary on the financial situation in the US.
Are there any red flags?
You should always review and compare different investment companies against each other before you make a final decision.
Below I have listed the most trusted and well-known review and rating sites online to see what score they have given McAlvany ICA as this is a good indication of how good the particular company performs and treat their clients:
Score: Listed, no reviews.
The conclusion from this:
As we can see here there is not a lot of online reviews which makes it hard to know what their customers really think of McAlvany ICA. I would say that the credibility of a business is often reliant on the reviews of their clients.
I do not like to speculate so I will leave this one up to you to figure out, what do you think it means when a company doesn’t have any reviews on their products and services?
Is McAlvany ICA A Scam?
No, McAlvany ICA is not a scam, they have been in business for a long time and they are still offering products and services to their customers. The fact that they have A+ rating in BBB and are accredited is positive but the lack of reviews makes it hard to know how this business is doing in comparison to others gold dealers out there.
Another positive aspect is they share a lot of free resources on YouTube, blog posts and through their podcast that is updated on a regular basis. Their long background and knowledge of the precious metal industry makes them a reliable source for this and I think it is definitely worth checking them out if you are interested in learning more.
Have you been in business with them? We would love to hear what your thoughts of McAlvany ICA are. Don’t hesitate to leave a comment in the comment section below. Let us know what you think makes a company stand out!
Are there better alternatives out there?
YES! There are a few ones I would consider better alternatives, I got many of them listed on this site, but the absolute best one I can recommend is; GOLDCO.
(Right now you get 10% cashback in free silver if you decide to open a gold IRA with Goldco)
The pros and cons
Something that is always wise (and recommended) to do before making any kind of decision is to compare a company’s positive sides against its negative ones. As always in our reviews we make sure to provide you with some obvious points on both sides of the spectrum to make this job easier for you:
- Been in business since 1972
- Good resources and informative content on their website and YouTube
- Lack of online reviews
- No info about gold IRA custodians and storage depository
I think it is safe to say that we as consumers are in charge of the survival of businesses and that leaves very little room for mistakes. If you do a quick research and actually read the reviews from former customers you’ll be able to make a better decision on whether or not they are worth your time and money.
Do you own or represent McAlvany ICA?
If you are a representative, or associate of McAlvany ICA and have found something not to be correct in this review please, feel free to tell us and we will make sure to update the info on this post. The easiest way to do it is in the comment section below or else you can send us an e-mail to;
Final words and verdict
Overall rating: (3 / 5)
Ok, so that is my two cents on this company and I hope this answered your questions that you had when you first started reading this article. I would say McAlvany ICA is a trusted company that offers some good products for collectors who want to purchase precious metals to add to their portfolio. But as for a serious investor who wants to secure his investments, the lack of info makes it hard for me to recommend them as a true gold custodian dealer.
I want you to know that there are more reliable sources out there and I do not want you to miss out on the # 1 dealer out there who can help you securing your hard owned investments. Keep reading below to find out which company stands out the best in 2022!
What company do I recommend?
If you want to protect and secure your retirement savings in 2022 GOLD is the way to go. There are a lot of companies out there that offer great services but at the end of the day, you have to be able to choose a custodian that you trust.
The absolute best one I can recommend is the fastest growing gold IRA provider in the USA right now and it is a very popular alternative among real investors!
KEEP READING TO FIND OUT WHICH COMPANY I RECOMMEND!
If You Are Looking For A Company That Has The FULL Gold IRA Experience, Check Out The Link Below To My Number One Recommended Company!
I hope you found this review on what McAlvany ICA is to be helpful and that you found it interesting. Please, make sure to share your experience with us if you have any in the comment section below as it can help others. Also, if you have any questions about this review we will be more than happy to answer them below!
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I wish you the best life has to offer!
Investor, writer, and team member of Gold Retired.