Fisher Capital Group Review

I’ve been reviewing gold IRA companies for more than 6 years by now. And in these years, I’ve seen one name come up consistently: Fisher Capital Group.

They stand out as a leading financial services firm focused on precious metals investments, providing clients with opportunities to diversify their portfolios and protect their wealth. 

But like anything finance-related, it’s best to be skeptical at first.

I’ve done the research for you in my review.

Read the following article to learn if this company suits your requirements or not:

Who Runs Fisher Capital Group?

At the helm of Fisher Capital Group is Alexander Spellane, the Chief Executive Officer. Even without following the conventional college route, Alexander managed to earn his first million dollars before turning 30, showcasing his remarkable entrepreneurial drive and sharp business sense. 

Under his leadership, Fisher Capital has established itself as a trusted name in the precious metal IRA industry, providing clients with the assurance that their wealth is safely anchored in gold.

In addition to him, the company is made up of a team of finance professionals dedicated to guiding consumers as they embark on their journey into precious metals. 

Products Available at Fisher Capital Group:

Fisher Capital Group focuses on precious metals investments, providing a variety of products designed to assist clients in diversifying their portfolios and protecting their wealth. Here’s a rundown of what they have to offer:

1. Precious Metal Bullion Coins

Fisher Capital offers a range of gold and silver bullion coins, with their value determined by the intrinsic metal content. These coins have gained traction among investors who are looking for real, physical assets to add to their portfolios.

2. Rare and Valuable Precious Metal Coins

Alongside standard bullion, Fisher Capital provides exclusive coins that are limited in mintage, historic, or have unique attributes, which could enhance their appeal as time goes on.

3. Fractional Coins

For those investors looking to get involved with smaller denominations, fractional coins are an option worth considering. These smaller-weight products are not only more cost-effective but also provide the flexibility needed for smaller transactions.

4. Precious Metals IRAs

Fisher Capital focuses on helping clients set up Precious Metals Individual Retirement Accounts (IRAs), enabling them to incorporate tangible gold and silver into their retirement investments. This service offers help with getting your account up and running, funding it, and choosing the right precious metal assets for your needs.

5. Precious Metal Bars

Though the available sources lack specific details, it’s reasonable to assume that Fisher Capital offers gold and silver bars, as these are standard investment products in the precious metals market.

Overall, I found that Fisher Capital takes a tailored approach, walking clients through the selection process to ensure their investments align with their unique goals and preferences. The company offers educational resources designed to empower investors in making informed choices about their precious metals investments.  

How to Open a Gold IRA with Fisher Capital Group

A Gold IRA stands as a smart strategy for anyone looking to diversify their retirement portfolio while safeguarding their hard-earned savings from the threats of inflation and economic instability. 

I’ve seen countless examples of people preserving their wealth through gold IRA accounts.

Fisher Capital Group focuses on assisting clients in establishing and overseeing Precious Metals IRAs, including Gold IRAs, through a straightforward process that guarantees compliance and ease of use. Here’s a straightforward guide to opening a Gold IRA with Fisher Capital Group. 

1. Understand the Basics of a Gold IRA

Before diving into a Gold IRA, it’s crucial to grasp the mechanics behind it. A Gold IRA is a self-directed individual retirement account that empowers you to invest in tangible gold and other precious metals rather than relying on conventional options like stocks, bonds, or mutual funds. The gold has to comply with IRS standards regarding both purity and storage conditions.

Essential Aspects:

• Tax Advantages: Just like with traditional IRAs, putting money into a Gold IRA can allow for tax-deferred contributions, meaning you won’t face taxes on gains until you take distributions.
• Diversifying your portfolio with gold is a smart move to mitigate risk in today’s unpredictable market.
• When it comes to gold, it’s crucial to understand that IRS regulations mandate it must be stored in approved depositories. This isn’t just a suggestion; it’s a requirement that ensures compliance and security. 

2. Choose Fisher Capital Group as Your Gold IRA Custodian

Fisher Capital Group provides custodial services and specializes in establishing Gold IRAs. In my experience, their team walks you through the entire process, making sure you stay compliant with IRS regulations and keeping the experience completely hassle-free.

What makes Fisher Capital Group stand out?

• Outstanding A+ rating from the Better Business Bureau.
• Mastery in the realm of precious metals investing.
• Tailored customer service designed to achieve specific financial objectives. 

3. Open a Self-Directed IRA

The first step in creating a Gold IRA is to open a self-directed IRA with Fisher Capital Group. A self-directed IRA allows for alternative investments, such as gold and other precious metals.

Steps to Open Your Account:

• Finish the Application: Contact Fisher Capital Group to fill out the application form for a self-directed IRA. Their representatives will assist with any questions.
• Fund Your Account: Transfer funds into your self-directed IRA. This can be done through:
• A rollover from an existing IRA or 401(k).
• A transfer from another retirement account.
• Direct contributions to the new account. 

4. Choose Your Gold Investments

After you fund your account, Fisher Capital Group will assist you in choosing gold products that comply with IRS regulations. Available choices consist of:

Gold Coins:

• American Gold Eagle
• Canadian Gold Maple Leaf Coin
• Australian Kangaroo and Nugget Coins
• Gold Bars:
• Produced by certified refiners and adhering to the strict minimum purity standard of 99.5%. 

5. Purchase and Arrange Storage

Once you’ve chosen your gold products, Fisher Capital Group takes care of the purchase and guarantees that your gold is safely stored in a depository that meets IRS standards. These depositories are built to adhere to rigorous security and compliance standards.

Essential Insights on Storage:

• Storing gold at home or in a personal safe is simply not an option.
• Approved depositories are those that boast high-security vaults, comprehensive insurance, and consistent audits to ensure reliability and safety. 

6. Manage and Monitor Your Gold IRA

Fisher Capital Group offers the essential tools and resources you need to take control of your Gold IRA with confidence. This encompasses:

• Continuous Assistance: Committed account managers ready to address enquiries and help with further investments.
• Market Updates: Get the real scoop on the gold market to guide your investment choices.
• Clarity: Consistent account statements to monitor the progress of your Gold IRA. 

7. Plan for Distributions

Once you hit retirement age, it’s time to start taking distributions from your Gold IRA. Fisher Capital Group is here to help navigate the distribution process, making sure everything aligns with IRS regulations while keeping tax consequences to a minimum.

Choices for Distribution:

• Physical gold means you hold the gold in your hands.
• Cash Equivalent: Turn your gold into cash by liquidating it.

Establishing a Gold IRA with Fisher Capital Group is an uncomplicated endeavor that merges professional advice, reliable storage solutions, and a dedication to ensuring customer contentment. 

Fisher Capital Group Fees and Pricing:

Learning about the fees of a gold dealer is probably the 2nd most important thing for any investor. (Can you guess the first one?)

Understanding the fees of a gold IRA company is vital.

Here’s what I found:

Fees Associated with Gold IRAs

Setting up a Gold IRA with Fisher Capital Group comes with various expenses:

• Initial Setup Charge: A one-time charge of $95 is required to set up the self-directed IRA account.
• Annual Maintenance Fee: A straightforward annual fee of $95 takes care of all your administrative services and account maintenance needs.
• Storage Fees: If you’re dealing with physical gold, it has to be kept in a depository that’s approved by the IRS. Storage fees begin at a mere $100 annually, contingent upon the selected depository and the quantity of gold stored.

Pricing for Direct Purchases

For those looking to invest in gold or silver beyond the confines of an IRA, Fisher Capital Group provides a variety of options:

• Product Pricing: The prices for gold and silver coins or bars are determined by the ever-changing market rates, which can vary from day to day. Fisher Capital Group offers clear pricing that reflects the current market values, ensuring you know exactly what you’re getting into.
• Shipping and Handling: The costs associated with shipping will depend on what’s being sent and which carrier you select. The company’s website fails to provide any specific information regarding shipping fees.
• Buyback Policy Fisher Capital Group has established a buyback program for precious metals acquired through their services:
• Buyback Pricing: The company will buy back items at the current market value, which could be higher or lower than what you originally paid.

Investors need to recognize the possibility of extra expenses:

• Market Fluctuations: The value of precious metals can swing dramatically, impacting the overall worth of your investment.
• Tax Implications: Depending on your specific situation, there are important tax considerations to keep in mind when it comes to buying, selling, or holding precious metals. 

Fisher Capital Group Reviews:

#1. Nicholas Scott and Patrick were outstanding collaborators! Patrick and Nicholas went above and beyond to accommodate my complicated schedule, even putting in extra hours to assist me with my trades! Nicholas laid out every single detail about a self-directed IRA and the process of purchasing precious metals! I eagerly anticipate collaborating with these two experts down the line! Thank you, Nicholas and Patrick, for simplifying the process of safeguarding my IRA!

#2. It took me roughly a year to shift from a standard IRA to a self-directed IRA. Nicholas Scott and Joseph Bernstein ensured that the transition was seamless once I decided to move forward.

#3. Joseph and Nicholas were exceptional advisors. They took the time to clarify everything and ensured I grasped what was being done on my behalf. I have absolute confidence in both of them. 

I highly recommend Joseph and Nicholas to anyone seeking assistance with their financial enquiries. I genuinely value the fact that they truly care about my well-being and are invested in my success.

Fisher Capital Group Review Summary

Do I think Fisher Capital Group is legit? Yes.

Do I recommend them? It depends.

I think every investor’s requirements are different. Maybe you have a low risk tolerance or maybe all you care about is how big your returns are.

In any case, I suggest you browse the best gold IRA companies first and decide for yourself which company suits your requirements the most.