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What is sprottusa.com? A Reliable and Genuine One or Scam?

April 18, 2021 by admin Leave a Comment

What is sprottusa.com? Are there are unique services that it offers that you can look forward to utilizing? Does it offer genuine services that can benefit you in the short term or long term? Let’s find out about that and more in this comprehensive review about Sprott USA.

Name of the company: Sprott USAWhat is sprottusa.com?

Official Website URL: https://sprottusa.com/

Overall Rating: 3.4 out of 5 stars (3.4 / 5)

Recommended: Yes


Important to mention before we go into more details of this review:

We always strongly recommend doing your research online before you choose a company to invest with. There are so many reviews online of clients being ripped off and scammed. The most common way people are getting scammed is through so-called “hidden fees” so please investigate thoroughly before you make your decision.

==> Visit this page and see the gold IRA companies we have given the highest rating <==

With that being said, let´s continue with the review on Sprott!


Table of Contents

  • What is sprottusa.com?
  • The Services offered
  • How does Sprott U.S. Work? (How to Get Started)
  • Does Sprott USA offer IRA services?
  • How can you open a Precious Metal IRA with Sprott USA?
  • Payment methods accepted when paying for services rendered
  • Does Sprott USA have minimums for storage?
  • Does Sprott buy precious metals from individual sellers?
  • Is Sprott Genuine or Is It a Scam?
  • Pros and Cons

What is sprottusa.com?

Sprott USA exists as a global alternative asset management firm whose main focus is on precious metals and real estate. This company’s deep sector expertise enables it to create investment and financing solutions that are like no other in the industry.

All of the operations are overseen by Sprott U.S. Holding s, Inc., which is made up of 3 separate companies, namely”:

  • Sprott Global Resource Investments Ltd
  • Sprott Asset Management USA, Inc.
  • Resource Capital Investment Corporation

The three companies team up in delivering a host of investment solutions. Investors, whether as individuals or as firms can turn to these companies in a bid to access a wide range of investment products, including:

  • Physical bullion trusts
  • Managed equities
  • Mining ETFs
  • Private equities
  • Debt strategies.

Sprott also partners with natural resource firms to help them meet their capital needs through defined brokerage and resource-lending activities. All of the services that it offers to its customers are overseen by the customer support staff in their offices in Toronto, New York, and London.


The Services offered

Sprott USA offers its customers a legal approach to grow their wealth through valid precious metals and real estate-based investment approaches. You can turn to this company if you have been looking for a company that offers the following services:

  1. Managed accounts

This is a service that covers those investors who prefer to delegate the management of their portfolio of investments to a responsible firm. Sprott USA helps its customers by offering sophisticated solutions that are focused on select investments in the natural resources sector.

  1. Private placements

Sprott USA takes pride in being a trustworthy provider of private placement services for budding and junior natural resource firms. This service is available to all qualified USA investors.

  1. Private resource partnerships

Customers can also take advantage of this service, which is offered through Sprott’s Resource Capital Investment Corp.

  1. Exchange-Traded Products

As an investor who has a keen interest in advancing your wealth through exchange-traded products, you can get through Sprott Asset Management LP.


How does Sprott U.S. Work? (How to Get Started)

If you want to benefit from this company’s service offerings, then you have to get ready to open an account. You can reach out to Sprott’s customer support staff through the contact details provided on their official website to get help from experts. Sprott employs highly qualified people, including geologists, finance specialists, as well as engineers to assist its customers to meet their investment objectives in this sector. These experts can serve you best if you have an existing account, through which you can also follow closely on what they’re doing with the wealth entrusted to them.


Does Sprott USA offer IRA services?

Sprott does not come up clear about whether it offers IRA services. most of the effort is channeled into making customers get on board other asset management services. Upon looking at the client fee listing, however, I saw that there were some Retirement IRA annual account fees and Retirement Annual Closing Fees. These are a clear indication that Sprott may actually be helping its customers grow their wealth by connecting/ linking them up to reliable IRA service providers.

Important: Please make sure that you know exactly what fees are associated before you sign anything, I have seen so many reports online of people getting surprised with so-called hidden fees that they had no idea about until it was too late. Transparency is what you want to look for in this industry.

**My #1 recommended gold & silver IRA company is 100% transparent + they got a few other benefits you might want to have a look at if you are interested in a new IRA, see this page


How can you open a Precious Metal IRA with Sprott USA?

Again Sprott is not generous with information on how customers can open IRAs. It is hard to determine whether there are actually any precious metal IRA services offered anyway. Most of the other companies that have anything to do with precious metal IRA services are usually quite direct and open about this service. For this one, I think it would be a good idea to consult the support staff to determine whether they can offer this service to you.

P.S.

See my #1 recommended gold & silver IRA solution on this page


Payment methods accepted when paying for services rendered

From the much digging that I did about this company’s acceptable payment methods, I gathered that customers can pay using:

  • Checking account transfers
  • ACH
  • VISA gold check cards

N.B.: There are underlying fees for using these services, which you might want to consider asking about (avoid hidden fees and charges at all costs)


Does Sprott USA have minimums for storage?

There’s no information about whether this company offers precious metal IRAs. Consequently, it’s hard to also determine whether it offers storage services, or even requires customers to store a certain amount of precious metals. Without such information, it’s hard to plan for this service as an investor.


Does Sprott buy precious metals from individual sellers?

Sprott does not provide concrete information about whether offers this service to its customers. In such a situation, I would rather work with a company that’s quite clear that it offers this service, to avoid the hustle of confirming what I already suspect to be true – that it does not buy precious metals from individual sellers or firms.


Is Sprott Genuine or Is It a Scam?

Sprottusa.com is in my opinion a genuine company that offers services that customers can turn to if in need of them, depending on their trust levels. There are a couple of customer reviews available on the internet about Sprott’s offerings, and none of them point to this company not being a genuine one. Despite not having the best average ratings, this company is one that I’d still perceive as being genuine. A look at its reviews on Birdeye shows that its one that has been helping some customers establish and manage portfolios that have substantial returns.

**Have a look at how these top-rated alternatives that offers precious metals IRA Services are matching up


Pros and Cons

Pros

  • Variety of services offered
  • Several payment modes accepted
  • Genuine

Cons

  • Not generous with information about how its services are delivered
  • Average ratings quite low in comparison to competitors

Do You Own or represent Sprott USA?

If you are a representative, or associate of sprottusa.com and have found something not to be correct in this review please, feel free to tell us and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or simply by sending us an e-mail to contact@goldretired.com.


Final Verdict

Verdict: Legit

Overall Rating: 3.4 out of 5 stars (3.4 / 5)

Sprottusa.com is a genuine company that’s delivering asset management services to its customers. It’s one that I would actually recommend, were it not for its scarcity of information about its service offerings. Most of its competitors are willing to offer information that’s crucial for decision-making, hence giving them an edge over SprottUSA. You can, for instance, have a look at how clearly the alternatives to this company have listed out their objectives in their industry.

See Gold Retired´s Top-5 List of Gold & Silver IRA Companies


Thank you for making it to the end of this review on what Sprottusa.com is about. Do you have any other questions about this company’s services? If yes, you can ask them in the comments section- I will get back to you right away. If you also want some guidance on how to get started with precious metal investing, do not hesitate to contact me.

I wish you success,

Eric, Investor and Team Member at Gold Retired!

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