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!
|BBB Accredited Rating||A+|
|BCA Accredited Rating||BBB|
|IRA Transfer Process||14-21 Business Days|
|401(K) Rollover Process||10-24 Business Days|
|Annual Admin Fees||$60 - $250 (Scaled)|
|Annual Storage Fees||$100+ (Scaled)|
|Preferred Custodian||GoldStar Trust|
|Preferred Depository||HSVC Bank NYC|
|Min Purchase Amount||$10,000|
|Physical IRA Application|
|Digital IRA Application|
|U.S. Mint Listed Dealer|
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.
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|
|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
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.
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.).
|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.
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.