Last Updated on April 17, 2024 by Ben
SWP Cayman Review stands for Strategic Wealth Preservation and is an organization based in the Cayman Islands specializing in precious metals. They offer a secure storage option with Class III IL-rated vaults to keep clients’ investments safe and secure. The firm’s expertise makes them a reliable choice for those looking for a fast and discreet place to store their wealth.
Read this SWP Cayman Review to know more about the company
Pros
- The company is based in the earth’s fifth-largest offshore financial services market.
- Cayman Islands storage is one of the safest places to keep valuables.
- Vaults are highly convenient and close to North America.
- Re-selling purchased metals to them are easy.
- Multiple choice of storage locations
Cons
- Sliding scale storage fees can get expensive.
Overview of SWP Cayman
Strategic Wealth Preservation (SWP) Cayman is not trying to show off, despite its name. Its main goal is to buy, sell, and store precious metals at its facility in the Cayman Islands in the Caribbean. As a result, SWP focuses on acquiring and securely storing precious metals on behalf of companies, individual investors, financial advisers, and trusts, all of whom are SWP clients. The company has partnered with major American mints and wholesalers to create a vast and liquid two-way market for trading the precious metals in their vault.
Interestingly, despite being based outside of the sovereign territory of the United States, this offshore gold storage firm has the unique distinction of being a gold IRA retirement account-approved storage facility with the Internal Revenue Service for all American citizens and residents. They are also an officially approved distributor for the Royal Mint of England, a Perth Mint of Australia vendor, and a vendor for a few LBMA and COMEX-certified refineries.
The Class III-rated vaulting facility that Strategic Wealth Preservation Cayman is proud to offer its clients is fully insured, segregated, and assigned storage. When clients keep precious metals assets at the facility, everyone benefits from complete and direct full legal ownership. Customers can access their investments in the vault with only a 24-hour notice.
The award-winning CTC Cayman Technology Centre houses the company safely. This solar-powered building has a generator and backup batteries to keep operations running during tropical weather.
This facility also serves as the headquarters for one of the Caribbean’s most respected security firms. This Security Centre Limited merely supplements the SWP’s technologically advanced security system. It enables them to provide their clients with one of the most adaptable and secure office environments on the planet.
Strategic Wealth Preservation Cayman Advisory Team
Jeff Clark is a well-known analyst, speaker, and author. Analysts all over the world regard him as a precious metals expert. His family owns Arizona, California, and Nevada gold mines and big Gold’s senior editor for ten years.
Jeff Thomas spent the first portion of his career creating several enterprises throughout the Cayman Islands before spending a decade writing a weekly piece about limiting government intrusion in a newspaper. He studied economics under Sir John Templeton, Doug Casey, and Harry Schulz of the Austrian school. He also contributes to Casey Research’s publication International Man regularly.
Shayne Howe is also the Managing Director of Phoenix Group, the Cayman Islands’ premier residential and commercial development firm. He previously served as Chairman of the Steering Committee for the Future of Cayman. He is also a member of the Cayman Crime Stoppers Board of Directors.
The Security Centre Limited’s CEO and President is Stuart Bostock. He is the President of the Cayman Islands Chamber of Commerce as a former Royal Cayman police officer.
SWP Cayman Products
Gold Products
- Gold British Britannia Coin
- 2017 Gold Australian Kangaroo Coin .9999
- Gold Canadian Maple Leaf Coin
- Gold American Eagle Coin .9167
- Gold American Buffalo Coin
- Gold bars from Pamp Suisse, Perth, the Royal Canadian Mint, and Republic.
- Gold bars from Pamp Suisse, Perth, the Royal Canadian Mint, and Republic.
- Gram Perth Mint Gold Bar
- Royal Canadian Mint and Republic Gold Bars
- Gold Mint Bar
- Gold Bar
Silver Products
- Silver American Eagle Coin
- Silver Canadian Maple Leaf Coin
- Silver United Kingdom Britannia Coin
- Silver Australian Kangaroo Coin
- Cayman Islands Silver Marlin Coin
- Buffalo Silver Bar
- Silver Royal Canadian Mint and Republic Bars
- Silver Royal Canadian Mint and Republic Bars
- Silver Bar
Platinum Products
- Platinum Canadian Maple Leaf Coin
- Platinum Isle of Man Noble
Palladium Products
- Palladium Canadian Maple Leaf Coin
The Services Offered
SWP Cayman operates as a global precious metals dealer. As a result, it offers services that are expected to meet the expectations of its customers not only locally but also globally. It was mentioned earlier in this section, but take a closer look at its service offerings now. SWP Cayman’s customer service representatives will assist you in the following ways as a potential customer:
Bullion Acquisition
When you contact SWP Cayman, you are assisted in obtaining pure bullion products from well-known refineries and mints. You can purchase gold, silver, palladium, and platinum bullion and deliver them to your home. You can use this company’s storage services to avoid storing valuable precious metals at home.
Secure storage
SWP Cayman has established itself as a reliable provider of secure storage services. It provides customers with precious metals or other valuable assets with 100% allocated, segregated, and insured storage services.
SWP Accounts
Customers can open SWP Accounts to gain access to the company’s global precious metals network. With this account, you can buy precious metals, request delivery, or store your assets conveniently at one of its storage facilities.
How Does SWP Cayman Work?
Open an Account
You will begin by completing an application form available on the company’s website. Go to the homepage and click the ‘open account button. You will then be given instructions on how to complete the form. Give us a call with us if you encounter any problems; contact the service, who will be happy to assist you.
SWP Cayman provides several accounts, including:
- Business
- Joint/Individual
- Trust
Acquire the Precious Metals You Prefer
Regardless of the type of account you select, you will receive assistance acquiring precious metals to meet your goals. SWP Cayman can also assist you in selling precious metals at reasonable prices.
Purchase Precious Metals Purchase precious metals at competitive premiums directly from SWP.
The Precious Metals Can Be Delivered or Stored In a Secure Facility
After purchasing precious metals, you can have them delivered to your preferred location. SWP Cayman can also store precious metals in a secure place with secure vaults.
As a result, SWP has no wealth reporting obligations to the Cayman Islands government or any other foreign tax authority or government.
While in the facility, clients retain direct and complete legal ownership of their precious metal holdings.
SWP Cayman Custodian and Storage
Strategic Wealth Preservation Cayman clients’ precious metals are insured, segregated, and fully allocated in Grand Cayman’s Class III UL-rated vaulting facility. Secure Segregated Storage clients receive an individually tagged clear plastic tote after metals are sealed in a tamper-evident bag. The sealed bag and tote are mated before the tote is locked within an elevated steel shelf inside the UL Class 3-rated vault. This vault is so secure that it houses many of the world’s leading sovereign mints and independent refiners.
With only a 24-hour notice, you can inspect your precious metals holdings. A simple email or phone call is required to request a visual inspection or the physical withdrawal of all assets. You can pick up your precious metals in person during business hours or have them delivered to your home address. Under the company’s comprehensive insurance policy, this shipment would be fully insured to the replacement value by Lloyd’s of London, the world’s leading specialty insurer. On request, you can obtain a copy of this policy.
Investors may also choose from another nine sites spread throughout seven countries besides the Cayman Islands storage facility. However, you are looking for a high standard of jurisdictional security. Consider Singapore, Switzerland, Lichtenstein, and the Cayman Islands in that case.
Store Your Metals SWP can accept & store existing precious metals you were also currently storing at home or another depository. SWP is now an international precious metals dealer & secure storage provider headquartered in the Cayman Islands.
All metals retained in Secure Segregated Storage accounts are fully insured up to their replacement value under the terms of SWP’s comprehensive insurance scheme, which is underwritten by Lloyd’s of London.
They specialize in purchasing and safely storing precious metals on behalf of individuals, corporations, trusts, and wealth management professionals.
Alternative
SWP Cayman alternative providers include American Hartford Gold, Augusta Precious Metals, and Goldco Precious Metals.
Augusta Precious Metals
www.augustapreciousmetals.com
Star Rating
When you choose Augusta Precious Metals, you get lifetime access to a whole team of experts in gold and silver. By diversifying your savings, they assist you in using IRA gold and silver coins to get peace of mind.
Augusta Precious Metals is aware of the reasons for the rising demand for gold and silver. These metals offer a hedge against inflation and market volatility and are considered safe-haven assets. Since gold and silver have been used as money for so long, they are appealing to investors looking to secure their capital over the long term.
Investors can also hold gold and silver coins and bars as tangible assets. In unstable economic times, this physical quality increases their attractiveness.
Here you may read the entirety of our evaluation of Augusta Precious Metals.
Pros
- popular gold and silver selection IRS-approved bullion and coins
- choice of reputable custodians
- Delaware Depository offers storage services and offers online conversation
- Sending packages fully insured by USPS, FedEx, or Brinks Armored
Cons
- There are no prices or quotes for gold and silver on their website; you must contact them for a quote.
- There is no charge schedule listed on their website.
American Hartford Gold
www.americanhartfordgold.com
Star Rating
Precious metals and gold IRAs are available through American Hartford Gold, and metals are often sold as coins or bars. With a gold IRA, you may store your precious metal investments at a secure location and invest in them tax-advantageously.
American Hartford Gold is incredibly informed, friendly, and competent. The staff took the time to thoroughly explain the purchasing process and present options based on your budgetary objectives. You will tell your friends about this business because it was a fun and educational experience.
Pros
- Repurchase commitment
- high ratings from clients
- Free shipping
Cons
- Investments in metals are risky.
- The online catalog has no prices.
Goldco
www.goldco.com
Star Rating
Goldco sells gold and silver coins for precious metals IRAs. Goldco Specialists can help you invest your savings in precious metals. Videos and e-books help clients reach their goals.
Goldco’s business model relies on trust and customer satisfaction, according to the company.
Goldco has an A+ Better Business Bureau rating and a triple-A Business Consumer Alliance rating. Their dependability, ethics, and customer service have earned thousands of positive reviews.
Goldco won the 19th Annual American Business Awards Stevie Award for Company of the Year in 2021. The Inc. 5000 ranks the 5,000 private companies with the fastest-growing annual revenue in the United States have included the company five times.
Pros
- A large selection of gold and silver coins, including the less common Mexican Libertad and
- Vienna Philharmonics that the IRS has approved
- focuses on educating and prioritizing the goals and demands of its clients
- Numerous five-star ratings throughout the company’s 18-year dedication to client satisfaction
Cons
- Does not provide gold, silver, or bars made of platinum or palladium.
- Lacks a recommended custodian partner
- And does not seem to have a joint venture with a vault storage company
Final Thought – Swp Cayman Review
SWP Cayman has been attracting an extensive clientele for several reasons. It is headquartered in the Cayman Islands, where investing restrictions are favorable.
The company also accepts cryptocurrency like Bitcoin. Some clients utilize Bitcoin because of security concerns, and financial information about each client, for instance, cannot be shared.
SWP Cayman collaborates with recognized companies like UPS and FedEx for delivery services. Why not use SWP Cayman when comparing your possibilities in the precious metals market? You may use our in-depth analysis to determine whether SWP Cayman is a great business to work with when investing in precious metals.