Home Gold IRA company reviews
Summary: NOT RECOMMENDED – due to a large number of customer complaints filed with both Better Business Bureau and Business Consumer Alliance. Does not offer bullion.
Overview
Lear Capital About & Background
Lear Capital, Inc. is based in Los Angeles, CA and was founded in 1997. Lear Capital sells precious metals including gold, silver, palladium and platinum. They also offer IRA rollover services. Lear Capital offers several different coins, including American Eagle and Canadian Maple Leaf.
Lear Capital TrustLink reviews
Rated 4/5 on TrustLink with a total of 200+ reviews. What’s TrustLink? Founded by the Better Business Bureau in 2008, TrustLink is a forum for consumer compliments and complaints. They uses redundant fact-checking systems so that consumers can depend on the quality of posted ratings and reviews. Consumer reviews are posted without editing and consumers can see exactly what other consumers think about companies. Unlike other online review portals no business can pay for a rating or post their own reviews.Using these practices, TrustLink has quickly become one of the most trusted sites on the web.
Lear Capital BBB (Better Business Bureau) review
No longer accredited by the Better Business .
When Lear Capital, Inc. were accredited by the Better Business Bureau there were a total of 12 complaints filed in 2013. 3 complaints were related to their products & services while 6 were related to issues with sales or advertising. What’s BBB rating? For more than 100 years, BBB has helped consumers find businesses they can trust. Companies are graded from A+ to F through 16 different variables such as “time in business”, “competence”, “complaints” and “background information”.
GoldWiki.org advice that investors carry out their due diligence to assure the company they choose to do business with will offer them what is actually being promised.
Lear Capital BCA (Business Consumer Alliance) review
Lear Capital holds a BB rating by the Business Consumer Alliance (BCA). A BB rating implies the company has demonstrated good relations with their customers and that the complaints made against Lear Capital are expected not to be of a serious nature. What’s BCA rating? The Business Consumer Alliance, Inc. is a non-profit organization founded in 1936. The Business Consumer Alliance provides free services to consumers to learn everything they need to know about a business before engaging with them. The purpose of BCA is to promote business self-regulation. Through a sophisticated algorithm that evaluates several different aspects of businesses, BCA is able to assign letter grades, ranging from AAA to F which assists the public in identifying reputable or disreputable companies.
Lear Capital Complaints
60 complaints in total with BBB and BCA. Complaints mention higher fees for its coins than competitors, delivery times and prices.5 unresolved complaints with the BCA filed under “Refuse to adjust, relying on terms of agreement”.
Pricing and storage fees
$275 setup fee, $100 annual admin fee and $150 storage fee. Their minimum purchase amount is $10,000. 4% restocking fees on canceled orders.
Delivery, 401K Rollover & IRA Transfer process
5-30 business days IRA transfer process and 30+ business days 401(K) Rollover Process time.
Services offered
Lear Capital offers gold and silver numismatics. Online orders are limited to $5,000. Important notice: You may not pay the amount stated on their website when purchasing coins as gold pricing are quoted in real time and that the price that you will pay is set the instant your purchase is completed. Lear Capital does not offer bullion.
Lear Capital Coins
Lear Capital offers the following gold coins: American Buffalo, American Eagles, Austrian 4 Ducats, Austrian Philharmonics, Swiss 20 Francs, Canadian Maple Leafs, South African Kruggerands and British Sovereigns. They also sell the silver American Eagle. Lear Capital doesn’t offer gold bars, bullion, palladium or platinum.
Overview
Merit Gold And Silver About & Background
Merit Gold was founded in 1986 by Peter Epstein. Since its start Merit Gold claim to have worked with 250,000 clients.
Merit Gold And Silver TrustLink reviews
Merit Gold & Silver are rated 5 stars on TrustLink, based on 673 reviews (June 2014).
What’s TrustLink?
Founded by the Better Business Bureau in 2008, TrustLink is a forum for consumer compliments and complaints. They uses redundant fact-checking systems so that consumers can depend on the quality of posted ratings and reviews. Consumer reviews are posted without editing and consumers can see exactly what other consumers think about companies. Unlike other online review portals no business can pay for a rating or post their own reviews.Using these practices, TrustLink has quickly become one of the most trusted sites on the web.
Merit Gold And Silver BBB (Better Business Bureau) review
N/A. Merit Gold & Silver is under review by the Better Business Bureau for its practices and complaints. There are, however, 50+ complaints filed with BCA (see below).
What’s BBB rating?
For more than 100 years, BBB has helped consumers find businesses they can trust. Companies are graded from A+ to F through 16 different variables such as “time in business”, “competence”, “complaints” and “background information”.
Merit Gold And Silver BCA (Business Consumer Alliance) review
50+ complaints. Rated AA.
Complaint Closing Statistics (last 3 years)
| 14 |
Making a full refund, as the consumer requested |
| 0 |
Making a partial refund |
| 27 |
Agreed to make an adjustment |
| 0 |
Refusing to make an adjustment |
| 12 |
Refuse to adjust, relying on terms of agreement |
| 0 |
Unanswered |
| 0 |
Unassigned |
What’s BCA rating?
The Business Consumer Alliance, Inc. is a non-profit organization founded in 1936. The Business Consumer Alliance provides free services to consumers to learn everything they need to know about a business before engaging with them. The purpose of BCA is to promote business self-regulation. Through a sophisticated algorithm that evaluates several different aspects of businesses, BCA is able to assign letter grades, ranging from AAA to F which assists the public in identifying reputable or disreputable companies.
Merit Gold And Silver Complaints
There are 50+ complaints filed with The Business Consumer Alliance. There are also several reports on The Rip Off Report and Complaints Board. One customer says that he had to wait 123 days for delivery and that the Merit Gold sales representative hung up on him repeatedly. Other complaints range from bait and switch sales tactics and even elder abuse. There’s also been complaints from customer who have placed orders and later found that the prices of silver coins have increased significantly.
Bait and switch fraud scheme lawsuit
On February 13, 2014, a consumer protection lawsuit was filed by the Santa Monica Attorney’s office against Merit Gold and Silver. The complaint was filed with the Superior Court of the State of California in Los Angeles County and alleges that Merit Gold and Silver has been involved in an aggressive fraud scheme across the nation that has taken consumers for tens of millions of dollars.
Pricing and storage fees
| Setup Fees |
$145 |
| Annual Admin Fees |
$150 |
| Annual Storage Fees |
$100 |
Delivery, 401K Rollover & IRA Transfer process
If you transfer your existing IRA to Merit (and setup a gold IRA) the process will take approximately 7-21 business days.
We have not been able to find any information about 401(K) rollover process and recommend that you contact Merit to learn more. Metal Delivery takes 10 business days.
Merit Gold And Silver Coins
Featured products on Meritgold.com include 1 oz Gold Bars, BU 1/4 OZ Gold Britannia, American Eagle 1/2 OZ, Gold American Eagle and French 20 Franc. See a full list here.
Summary – Strongly recommended! If you’re looking for a Gold IRA company look no further. With excellent customer service, a wide variety of financial services, low fees, A+ BBB rating and 470+ positive customer reviews on impartial 3rd party websites we strongly recommend Regal Assets. Visit Regal Assets online to learn more about their services (click here.)
Overview
Regal Assets About & Background
Founded in 2003 and with offices in Burbank, Los Angeles, Waco (TX) and London, Regal Assets help people and investors acquire and sell precious metals as well as open Individual Retirement Accounts (Gold IRAs). Regal Assets are specialized in Gold & Silver IRA’s.
Inc 500 Magazine recently ranked Regal Assets number 20 out of 6 million Financial Service Providers.
Regal Assets TrustLink reviews
TrustLink shows a 5-star rating with 400+ endorsements from their existing customers.
What’s TrustLink?
Founded by the Better Business Bureau in 2008, TrustLink is a forum for consumer compliments and complaints. They uses redundant fact-checking systems so that consumers can depend on the quality of posted ratings and reviews. Consumer reviews are posted without editing and consumers can see exactly what other consumers think about companies. Unlike other online review portals no business can pay for a rating or post their own reviews.Using these practices, TrustLink has quickly become one of the most trusted sites on the web.
Regal Assets BBB (Better Business Bureau) review
The BBB lists Regal Assets with an A+ rating.
0 complaints in the last 12 months. Factors that raised Regal Assets, LLC’s rating include:
- Length of time business has been operating.
- No complaints filed with BBB.
- BBB has sufficient background information on this business.
What’s BBB rating?
For more than 100 years, BBB has helped consumers find businesses they can trust. Companies are graded from A+ to F through 16 different variables such as “time in business”, “competence”, “complaints” and “background information”.
Regal Assets BCA (Business Consumer Alliance) review
0 open complaints with Business Consumer Alliance. Regal Assets are rated AAA with BCA.
What’s BCA rating?
The Business Consumer Alliance, Inc. is a non-profit organization founded in 1936. The Business Consumer Alliance provides free services to consumers to learn everything they need to know about a business before engaging with them. The purpose of BCA is to promote business self-regulation. Through a sophisticated algorithm that evaluates several different aspects of businesses, BCA is able to assign letter grades, ranging from AAA to F which assists the public in identifying reputable or disreputable companies.
Regal Assets Complaints
1 (resolved) complaint with BBB in last 3 years | 0 in last 12 months. Receiving just 1 complaint over the course of 3 years is very impressive given the large number of customers that are working with Regal Assets. 0 complaints with Business Consumer Alliance. 5 star rating (by 400+ reviewers) on TrustLink.
Pricing and storage fees
Flat fee. Waives first year fees. 7-Day delivery guaranteed. $100 annual admin fees. $150 annual storage fees.
Delivery, 401(K) Rollover & IRA Transfer process
Regal Assets’ IRA transfer process is just 2 business days. 15-30 days 401(K) Rollover process.
Services offered by Regal Assets
Regal Assets will help you rollover a portion of your existing IRA or 401(K). Regal can also help you setting up your IRA (Individual retirement account). They also act as a trading platform, where clients can buy and sell precious metals. Request their free gold kit with information on how the process works.
Regal Assets also offer their clients assistance in opening new accounts, buying gold or other precious metals at minimal commissions, and storing it at depositories approved by the IRS.
Regal Assets Coins
Gold British Sovereign, Gold Swiss 20 Franc, Gold French 20 Franc Angel, Gold French 20 Franc Rooster, Gold French 20 Franc Napolean, Liberty Head, St Gaudens and Indian Head coins.
Ranked #1 By GoldWiki
Regal Assets is currently ranked #1 Gold IRA Company by GoldWiki.org. They have positive reviews from hundreds of clients and are rated AAA and A+ by BBB/BCA — with ZERO complaints in the last 12 months. Request their free gold kit and speak with them to learn more (click here).
Summary:
BE CAREFUL! Rated A+ by the Better Business Bureau, Blanchard is a seasoned player expert professionals across rarities, market analysis and precious metals. They do – however – have several negative comments which should force investors to think twice before proceeding with their investments. A search on Ripoffreport.com for their company name returns approximately 68 reports. The most recent report reads “Do not deal with this company. Check around. Their commissions are outrageous. Be careful of the sales pitch to purchase rare coins [...] They offer no services other than constant sales pitches Absolutely not worth their huge commission charges. “. With that said we think you should be careful!
Overview
Blanchard & Company About & Background
Founded in 1975, by Jim Blanchard and Donald Doyle, Blanchard is a seasoned player expert professionals across rarities, market analysis and precious metals and claim to have provided consultation for hundreds of thousands of clients. They have 85 employees and are headquartered in downtown New Orleans, with offices in Dallas.
Blanchard & Company TrustLink reviews
There are no reviews on TrustLink.
What’s TrustLink?
Founded by the Better Business Bureau in 2008, TrustLink is a forum for consumer compliments and complaints. They uses redundant fact-checking systems so that consumers can depend on the quality of posted ratings and reviews. Consumer reviews are posted without editing and consumers can see exactly what other consumers think about companies. Unlike other online review portals no business can pay for a rating or post their own reviews.Using these practices, TrustLink has quickly become one of the most trusted sites on the web.
Blanchard & Company BBB (Better Business Bureau) review
Blanchard Gold are rated A+ (On a scale of A+ to F).
Customer Complaints Summary
14 complaints closed with BBB in last 3 years | 1 closed in last 12 months
| Complaint Type |
Total Closed Complaints |
| Advertising/Sales Issues |
3 |
| Billing/Collection Issues |
3 |
| Delivery Issues |
3 |
| Guarantee/Warranty Issues |
1 |
| Problems with Product/Service |
4 |
| Total Closed Complaints |
14 |
BBB rating explained
For more than 100 years, BBB has helped consumers find businesses they can trust. Companies are graded from A+ to F through 16 different variables such as “time in business”, “competence”, “complaints” and “background information”.
Blanchard & Company BCA (Business Consumer Alliance) review
Currently rated BBB (from AAA to F). This business is not a member of Business Consumer Alliance.
BCA rating explained
The Business Consumer Alliance, Inc. is a non-profit organization founded in 1936. The Business Consumer Alliance provides free services to consumers to learn everything they need to know about a business before engaging with them. The purpose of BCA is to promote business self-regulation. Through a sophisticated algorithm that evaluates several different aspects of businesses, BCA is able to assign letter grades, ranging from AAA to F which assists the public in identifying reputable or disreputable companies.
Blanchard & Company Complaints
BBB
14 complaints closed with BBB in last 3 years. BBB lists a total of 14 complaints in the last 3 years. 11 of these complaints have been resolved with the assistance of BBB, but 3 complaints have resulted in the customer not being satisfied with the business response. These issues include problems with their product/service, advertising and billing issues.
BCA
No complaints filed with BCA.
Rip Off Report
A search on Ripoffreport.com for their company name returns approximately 68 reports. The most recent report reads “Do not deal with this company. Check around. Their commissions are outrageous. Be careful of the sales pitch to purchase rare coins [...] They offer no services other than constant sales pitches Absolutely not worth their huge commission charges. “. With that said we think you should be careful!
Pricing and storage fees
Blanchard Gold charges a $25 setup fee and an annual admin + storage fee ranging from $160-$350+. Please note that Blanchard annual fees are scaled with your investment. Learn why we think this is a bad thing (click here.).
| Setup Fees |
$25 |
| Annual Admin Fees |
$60 – $250 (Scaled) |
| Annual Storage Fees |
$100+ (Scaled) |
Delivery, 401K Rollover & IRA Transfer process
If you want to “rollover” your 401(k) to a gold IRA (or transfer your existing IRA), the IRA transfer process takes 14-21 business days. A 401(K) rollover process takes 10-24 business days.
Services offered
Blanchard & Company offer services to roll over 401(k) funds into an Individual Retirement Account(IRA) to help fund gold investment. They also offer to purchase bullion, coins, or other gold products for the owner of the IRA. Blanchard’s Buyback Guarantee states that they will buy back anything they sell to you, at any time.
Overview
American Bullion About & Background
Founded in 2009 American Bullion is a gold, silver & platinum dealer based in Los Angeles. American Bullion is a listed dealer by The United States Mint and members of ANA, ICTA and PCGS.
American bullion TrustLink reviews
Based on 35 reviews
What’s TrustLink?
Founded by the Better Business Bureau in 2008, TrustLink is a forum for consumer compliments and complaints. They uses redundant fact-checking systems so that consumers can depend on the quality of posted ratings and reviews. Consumer reviews are posted without editing and consumers can see exactly what other consumers think about companies. Unlike other online review portals no business can pay for a rating or post their own reviews.Using these practices, TrustLink has quickly become one of the most trusted sites on the web.
American Bullion BBB (Better Business Bureau) review
American Bullion are rated A (Scale A+ to F) by the Better Business Bureau. BBB rating is based on 16 factors.
BBB rating
For more than 100 years, BBB has helped consumers find businesses they can trust. Companies are graded from A+ to F through 16 different variables such as “time in business”, “competence”, “complaints” and “background information”.
American Bullion BCA (Business Consumer Alliance) review
BCA rating
The Business Consumer Alliance, Inc. is a non-profit organization founded in 1936. The Business Consumer Alliance provides free services to consumers to learn everything they need to know about a business before engaging with them. The purpose of BCA is to promote business self-regulation. Through a sophisticated algorithm that evaluates several different aspects of businesses, BCA is able to assign letter grades, ranging from AAA to F which assists the public in identifying reputable or disreputable companies.
American Bullion Complaints
[removed]
American Bullion legal issues
[removed]
Pricing and storage fees
Learn the difference between “Flat Fees vs Scaled Accounts” (read article here.)
| Setup Fees |
No information |
| Annual Admin Fees |
No information |
| Annual Storage Fees |
No information |
The minimum purchase amount is unknown.
Delivery, 401K Rollover & IRA Transfer process
If you’ve decided to rollover your existing 401(K) to a Gold IRA, the rollover process takes 20-30 Business Days with American Bullion. Converting your Individual Retirement Account (IRA) to a Gold IRA takes 5-7 business days. Metal delivery takes 7-14 business days.
Services offered
American Bullion are specialized in converting your existing IRA or 401(K) into gold (or other precious metals.). American Bullion also offers physical products delivered to you.
American Bullion Coins
“American Bullion carries all U.S. and European pre-1933 coins, as well as modern gold and silver bullion in the full spectrum of currently available coin and bar products. We also carry a wide range of platinum and palladium bars and coins to match any need you may have.” – See more at: http://www.americanbullion.com/about/#sthash.FipOy3kQ.dpuf
Summary: NOT recommended. Both fees and IRA Transfer process are ok. But their TrustLink rating is based on just one review – and when you dig deeper it turns out that APMEX has 60+ complaints with the BBB with many of them being from the last year. Many of the cases are closed and can’t be reviewed but several complaints around poor customer service show that APMEX doesn’t seem to care about keeping or caring enough about their existing customers — And with that said we can’t recommend this IRA company.
APMEX About & Background
In 1999, founder Scott Thomas created Edmond Coins in Edmond, Oklahoma and later that year the company was re-named American Precious Metals Exchange (APMEX). APMEX sell both bullion and numismatics in Gold, Silver, Platinum and Palladium.
APMEX Overview
APMEX TrustLink reviews
Based on 1 review
What’s TrustLink?
Founded by the Better Business Bureau in 2008, TrustLink is a forum for consumer compliments and complaints. They uses redundant fact-checking systems so that consumers can depend on the quality of posted ratings and reviews. Consumer reviews are posted without editing and consumers can see exactly what other consumers think about companies. Unlike other online review portals no business can pay for a rating or post their own reviews.Using these practices, TrustLink has quickly become one of the most trusted sites on the web.
APMEX BBB (Better Business Bureau) review
Rated A+ with 50+ complaints closed with BBB in last 3 years | 20 closed in last 12 months
http://www.bbb.org/oklahoma-city/business-reviews/investment-securities/american-precious-metals-exchange-in-oklahoma-city-ok-7002053
APMEX has 50+ complaints filed in the last three years through the Better Business Bureau. Complaints range from issues with advertising and sales to problems with their products and services. Even though the complaints are listed as closed (which is why they are still rated A+), the large number of complaints makes us think twice about using the company.
Customer Complaints Summary
| Complaint Type |
Total Complaints |
| Advertising / Sales Issues |
4 |
| Billing / Collection Issues |
14 |
| Delivery Issues |
11 |
| Problems with Product / Service |
22 |
| Guarantee / Warranty Issues |
0 |
|
|
What’s BBB rating?
For more than 100 years, BBB has helped consumers find businesses they can trust. Companies are graded from A+ to F through 16 different variables such as “time in business”, “competence”, “complaints” and “background information”.
APMEX BCA (Business Consumer Alliance) review
No Business Consumer Alliance review/rating.
What’s BCA rating?
The Business Consumer Alliance, Inc. is a non-profit organization founded in 1936. The Business Consumer Alliance provides free services to consumers to learn everything they need to know about a business before engaging with them. The purpose of BCA is to promote business self-regulation. Through a sophisticated algorithm that evaluates several different aspects of businesses, BCA is able to assign letter grades, ranging from AAA to F which assists the public in identifying reputable or disreputable companies.
APMEX RipOffReport
A search for APMEX show several reports on The Ripoff Report. One person comments:
Please be warned about APMEX deceiving procedures, if it can happen to me, it will happen to you. They will probably respond back I should of read their agreement which is hidden in layers of thin small lines, but they don’t want to help you if you don’t see it, and they will find any means to take more money away from you.
Read the full review here:
http://www.ripoffreport.com/r/APMEX/internet/APMEX-APMEXCOM-Cheating-Malicious-Abusive-Metal-trading-hides-the-truth-and-uses-down-747849
What is The Ripoff Report?
The Ripoff Report allows users over the age of 14 to post free, un-moderated and uncorroborated complaints known as ‘reports’ which contain details of the user’s experience with the company. Reports are published on ripoffreport.com.
Pricing and storage fees
APMEX charges a $50 Setup Fee + $75/Annual Fee. Their Storage Fees are, however, scaled.
Flat Fees vs Scaled Accounts
Are you thinking about investing more than $250,000 to a gold Backed IRA? Read more about the difference between “Flat fees” vs “scaled accounts” to understand what it means for your investment. Picking the right Gold IRA Company could save you $1000s/year.
Take a look at this table to understand what happens if you’re maintaining an IRA account with a scaled account fee (Assuming 0.1% account fee).
| Investment Amount |
Flat Annual Fees |
Scaled Account (*0.1%) |
| $250,000 |
$250 |
$250 |
| $500,000 |
$250 |
$500 |
| $1,000,000 |
$250 |
$1000 |
| $10,000,000 |
$250 |
$10,000 |
If you’re on a scaled account fee you’ll end up paying 2x to 40x more VS an account with a flat fee. Even if you’re thinking about investing less than $250,000 today your account value will naturally grow due to inflation and appreciation on precious metals.
Delivery, 401K Rollover & IRA Transfer process
APMEX claims to have a 10 business days IRA Transfer process. Their precious metals delivery time is 3-5 business days. There’s no information about 401(K) Rollover process.
Services offered
APMEX offer over 5,000 different types of Precious Metal products.You have the option to either have your purchases shipped safely to you or have them shipped for free to a high-security, private storage facility. APMEX offers a wide selection of products that are eligible for IRA accounts. Choose from IRA-acceptable bars, coins, and rounds.
APMEX customer Service is available 24 hours a day, 7 days a week, 365 days a year.
APMEX Coins
Pre-1933 US Gold, Silver Dollars, Jewelry, ELITE $2,500+, Perfect 70 Coins
Summary:
NOT recommended. With 10 years experience and very few number of consumer complaints - Birch Gold Group is definitely among the leaders of Gold IRA companies. There is, however, a few worrying signs on RipOffReport. Also, Laith Alsarraf, CEO & Owner of Birch Gold Group, made much of his income in pornography in the early days of the internet when he founded AdultCheck. This does not make Alsarraf a bad person. Neither does it make Birch Gold Group a bad company. But it doesn't sit well with investors and conservative christians & americans.
Overview
Birch Gold Group About & Background
Birch Gold Group are based in Burbank, California and was founded in 2003.
Birch Gold Group TrustLink reviews
5 stars – based on 29 reviews. Be careful — 5/5 is a great rating, but 29 reviews in total for a company that has been around for 10+ years is quite few (for instance Capital Gold Group have a total of 140+ 5 star reviews and Regal Assets have 470+ 5 star reviews).
What’s TrustLink?
Founded by the Better Business Bureau in 2008, TrustLink is a forum for consumer compliments and complaints. They uses redundant fact-checking systems so that consumers can depend on the quality of posted ratings and reviews. Consumer reviews are posted without editing and consumers can see exactly what other consumers think about companies. Unlike other online review portals no business can pay for a rating or post their own reviews.Using these practices, TrustLink has quickly become one of the most trusted sites on the web.
Birch Gold Group BBB (Better Business Bureau) review
0 complaints closed with BBB since March 10, 2013.
What’s BBB rating?
For more than 100 years, BBB has helped consumers find businesses they can trust. Companies are graded from A+ to F through 16 different variables such as “time in business”, “competence”, “complaints” and “background information”.
Birch Gold Group BCA (Business Consumer Alliance) review
What’s BCA rating?
The Business Consumer Alliance, Inc. is a non-profit organization founded in 1936. The Business Consumer Alliance provides free services to consumers to learn everything they need to know about a business before engaging with them. The purpose of BCA is to promote business self-regulation. Through a sophisticated algorithm that evaluates several different aspects of businesses, BCA is able to assign letter grades, ranging from AAA to F which assists the public in identifying reputable or disreputable companies.
Birch Gold Group Complaints
0 complaints found on BBB, BCA or TrustLink, but a search online reveal several complaints on RipOffReport.com. Anyone can post a review on RipOffReport so we advice you to do your own due diligence. The following quote is quite worrying, though:
In a nutshell, their scam is to fast talk people into buying collectible coins or proofs for their IRA’s. They tack on a 30% or higher markup. If you put 100K of your IRA into gold with these scammers, they’ll take 30K of it. How’s that for an investment. ? Take a pass on these guys. Scammers. And God knows how much they will buy it back for.
Turns out the company is owned by an Iraqi, Laith P. Alsarraf, who made his money associating with porn internet sites. The manager, Vince Miller uses a phoney name and used to sell pots and pans at shopping malls. Jake Kennedy, the supposed broker who doesn’t know jack, is just a cold hearted con artist.
Read the full review here (will open in a new window): http://www.ripoffreport.com/r/birch-gold-group/burbank-california-91505/birch-gold-group-laith-p-alsarraf-owner-vince-miller-phoney-name-jake-kennedy-h-1080915
Pricing and storage fees
Birch Gold Group charges a $90 Setup Fee and a $160 Annual Storage Fee. We haven’t been able to find any information about their Annual Admin Fees (Be careful – learn more about the difference between Flat vs Scaled account fees here.)
Delivery, 401K Rollover & IRA Transfer process
7 days delivery. We haven’t been able to find any information about 401(k) rollover or IRA transfer process.
Services offered
Birch Gold Group offers services that range from investing in previous metals like gold, to being administrators over a 401k IRA rollover.
Birch Gold Group Coins
American Gold Eagle (bullion), American gold eagle bullion Gold, American Gold Eagle (proof), 2012 American eagle gold proof obverse Gold, Canadian Gold Maple Leaf, Canadian gold maple leaf coin obverse Gold, Indian Head Eagle ($10), indian head eagle 10 obverse Gold, Liberty Head (Coronet Head) collection, liberty head eagle 10 obverse Gold, Liberty Head Double Eagle, liberty head double eagle Gold, Saint-Gaudens double eagle ($20), St Gaudens double eagle 20 Gold, South African Krugerrand, south african krugerrand obverse Gold
Ethical investing
Laith Alsarraf, CEO & Owner of Birch Gold Group, made much of his income in pornography in the early days of the internet when he founded AdultCheck. This does not make Alsarraf a bad person. Neither does it make Birch Gold Group a bad company. But it doesn’t sit well with investors and conservative christians & americans.
