Birch Gold Group Review
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 |
|
|---|---|
| Official Website | www.BirchGold.com |
| Phone Support | 800-355-2116 |
| BBB Accredited Rating | A+ |
| BCA Accredited Rating | AAA |
| BBB Complaints | 0 |
| BCA Complaints | 0 |
| Total Complaints | 0 |
| TrustLink Reviews |  Based on 29 reviews |
| IRA Transfer Process | 7 Days |
| 401(K) Rollover Process | Unknown |
| Metals Delivery | Unknown |
| Setup Fees | $90 |
| Annual Admin Fees | Not Disclosed |
| Annual Storage Fees | $160 |
| Preferred Custodian | Self-Directed IRA Services |
| Preferred Depository | Delaware Depository |
| Min Purchase Amount | $10,000 |
| Physical IRA Application |  |
| Digital IRA Application |  |
| U.S. Mint Listed Dealer | |
| ICTA Membership | |
| Norton Secured | |
| Promotions | None |
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.
