Oxford Gold Group’s Leadership is reputable. Patrick Granfar is the co-founder and current CEO of Oxford Gold Group, with over 25 years of solid financial experience
There is very little information available about Patrick Granfar on the internet. The Oxford Gold Group website mentions nothing about its leadership team or history.
This article will provide more information about Oxford Gold Group’s leadership background, to give you more factors to consider about the company’s reputability. Leadership matters in gauging a company’s stability because it is the company’s leader who steers the company’s direction.
Since there is minimal information about Oxford Gold Group’s leadership, it is advisable to look into other gold IRA companies as well. We recommend Augusta Precious Metals as a reputable company to look into. You can check our Augusta Precious Metal Review for more information on the company.
Oxford Gold Group’s Leadership
Patrick Granfar - Co-Founder and CEO
Information on Patrick Granfar was mostly lifted from his profile on LinkedIn. But even on his profile, not much information can be lifted to give enough information about what led him to set up Oxford Gold.
Granfar completed his college education at the University of California in Los Angeles (UCLA). Based on his LinkedIn profile, his first listed job there was as Sales Manager for a mortgage company. His work experience is a mix of engagements in lending or mortgage companies before he co-founded Oxford Gold Group.
One of Granfar’s previous positions included his work as Senior Account Executive with another gold IRA company. Patrick Granfar worked with Augusta Precious Metals for eight months in 2016. He transferred to Lear Capital, a company that processes self-directed IRAs, as Senior Portfolio Manager within the same year.
Lear Capital was a company embroiled in a class action suit filed by New York Attorney General Letitia James in June 2021. The company allegedly failed to disclose millions of dollars worth of commissions charged to their consumers, amounting to $43 million in sales. Lear Capital was ordered to pay $6 million to New York investors as a settlement for this lawsuit. Los Angeles City Attorney Mike Feuer also filed a class action suit in 2019 and secured a $2.75 million settlement.
Patrick Granfar was no longer with Lear Capital during the time the company faced legal issues. He left Lear Capital in October 2017 and founded Oxford Gold Group.
Jonathan Adler - Chief Finance Officer
Jonathan Adler is the current Chief Finance Officer of Oxford Gold Group, the only other known executive of the company. His LinkedIn profile reveals that his college years were spent at the University of Southern California and California State University, taking up International Relations and Affairs, and Political Science for the former and Bachelor’s degree in Political Science and Government for the latter.
Adler’s work experience was with just one private company (unnamed) for 13 years, working mostly in operations and business development. He was with Oxford Gold Group right from the start of its operations.
Oxford Gold Group’s Beginnings
Oxford Gold Group’s headquarters are in Beverly Hills, Los Angeles, California. The company was founded in 2017 and had been offering assistance in opening a gold IRA or other precious metals IRA and selling physical precious metals. The company helps investors with processing the transfer of funds from traditional IRA or Roth IRA to serve as gold IRA rollover.
The company also offers a buyback guarantee for customers that buy gold coins or gold bars from them. It is one of the few gold IRA companies that offer various precious metal IRA and physical precious metal choices.
Oxford Group charges an annual maintenance fee of $175 for accounts below $100,000 and P225 for accounts $100,000 and above. There is also a minimum investment requirement of $1500 for gold coin or bullion purchases. You can read our article Oxford Gold Group Fees for more details on the
Oxford Gold Group Today
Oxford Gold Group is doing good, even if it is one of the younger gold IRA companies. To invest in a gold IRA with Oxford Gold Group is worth it, considering all the accolades the company received for its excellent customer service.
Invest in a gold IRA or any precious metals IRA with Oxford Gold Group because the rave reviews they get from customers show that Oxford Gold specialists provide a simple and stress-free process for opening a gold IRA.
Oxford Gold Group has partnerships with STRATA and Equity Institutional as its recommended custodians to take care of your gold IRA documentation requirements.
The storage companies Oxford Gold Group recommends are Delaware Depository and Brinks Global Services, two of the best and most reliable IRS-accredited depositories in the country with which the company has partnerships. Both depositories are available to service the needs of precious metal IRAs or physical gold investors.
The benefits of investing in gold with Oxford Gold Group also include:
- One of the lowest minimum investment requirements
- No gold IRA setup fee charges
- No add-on costs on their maintenance fees
- Rebates on maintenance fees for qualified investment levels
- Excellent buyback program on gold or silver coins purchased from them
Oxford Gold Group is different from its competitors in handling customer complaints. Though they get just a few customer complaints, they take valid customer complaints seriously and respond to these immediately with individually crafted responses as opposed to template responses by other Gold IRA companies.
Oxford Gold Group does not have any pending lawsuits or complaints. Their impressive handling of complaints is part of their excellent customer service practices, which customers praise in their customer reviews. Any Oxford Gold Group review online will give the same positive feedback about their excellent customer service and abundant educational resources.
For a more detailed discussion on their handling of customer complaints and a glimpse at their customer reviews, you can read our article on Oxford Gold Group Complaints.
Patrick Granfar’s professional background helped build Oxford Gold Group into what it is today. His previous experience in Augusta Precious Metals and Lear Capital gave him a first-hand view of what was needed to ensure that Oxford Gold Group’s customers would have sterling customer care and a full selection of precious metals to choose from, whether it was for a precious metals IRA or just physical precious metal purchases.
The excellent customer service culture of the company has led it to be toted as the “Best Gold IRA Company” several times by business review sites.
If the information on Oxford Gold Group’s leadership here is not enough to convince you on investing in a gold or silver IRA with them, here are a few of the best gold IRA companies in the United States worth looking into:
- Advantage Gold
- Birch Gold Group
- Noble Gold Investments
- American Hartford Gold
- Patriot Gold Group
- Goldco Precious Metals