Gold Bullion International, a firm serving wealth managers dealing in physical precious metals such as gold, has rolled GBI Advisors, an online platform.

GBIA is aimed at independent advisors. Over this platform, advisors can buy, sell and store physical precious metals for clients. Bars and coins of gold, silver, platinum and palladium can be stored in six global, insured vaults operated by Brinks, Via-Mat, and Malca Amit.

“There has been tremendous demand for physical precious metals from our existing customer base, which sees both the case for the price appreciation of precious metals and the need to diversify their portfolios away from the traditional stock and bond focus,” said Steven Feldman, CEO of GBI.

“The independent advisor has never had a platform to facilitate owning physical precious metals. GBIA provides such a platform at no cost to the advisor, and easily frees up time for more client-facing activities,” he said.

“Particularly when it comes to gold, the long term case for physical ownership by investors is gaining momentum,” Feldman said.

GBI said it will shortly announce that the GBIA platform has been fitted into several reporting systems of major RIAs.

(To view an article about GBI, click here.)