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Bear Lake Gold has put together this Birch Gold Review because we intend to arm our readers with every vital information they need to know about Birch Gold Group. This review also carries our unbiased opinion about the company and how we have rated Birch Gold Group in the United States gold industry.
At Bear Lake Gold, our primary aim is to evaluate gold companies in the U.S. gold market so we can provide you with firms that are best for doing business.
As a professional review organization, we determine whether a company is best for doing business by subjecting the information we get from its major stakeholders, including its owner, staff, and clients, to our standard gold dealer review methodology.
The gold IRA companies that tick all the boxes in or review methodology become the ones we recommend to our readers for their gold IRA investing.
After evaluating hundreds of U.S. gold IRA companies for years and passing their details through our gold dealer review methodology, we identified the best five gold IRA companies in the gold industry.
These companies in their ranks are:
According to our ranking, Birch Gold Group is our fourth-best gold IRA company in the United States. When we reviewed this company, we found amazing features that made us rank it as number four. Please read till the end of this review to see the great details we found about the company and why we have ranked it among the top 5 gold companies in the industry.
As a central aspect of this review, we will provide information about its management team, founder, fees and cost, products, service, and how customers have rated them on third-party consumer rating websites. All these details will show why we have rated the company so highly in the U.S. gold industry.
With that said, let us get into the review properly.
Birch Gold Group is a leading precious metals company in the United States gold industry. The company is committed to encouraging alternative investment types among investors to help them reach their financial goals. The company was founded in 2003 at 3500 W Olive Ave #730, Burbank, CA 91505, United States. They moved to Des Moines, IA 50309, in August 2023.
The precious metals dealer also specializes in opening self-directed gold IRA accounts for interested investors. The company has built an excellent reputation in the gold market through its commitment to helping retirement savers achieve their investment goals.
The company has an A rating with BBB (Better Business Bureau) and an AAA rating with BCA (Business Consumer Alliance). Aside from these rating sites, the company has more positive reviews and feedback from other consumer rating sites. These customer reviews show how satisfied Birch Gold Group's customers are with its products and services.
Birch Gold Group's customers attest that the company pays attention to their education and satisfaction. It shows the company places a high premium on customers' education by offering them its free gold IRA investment kit and enriching its website with various gold investment educational materials.
As mentioned, Birch Gold Group's reputation makes it an excellent option for investors seeking gold IRAs through a reputable precious metals company. The company's longevity in the business, accompanied by years of experience in precious metals trading and gold IRA investments, has made it a top choice among United States investors.
The company sells high-quality premium precious metals to interested investors within and outside an IRA. You can set up your IRA account through Birch Gold, get a free rollover of your retirement funds from your existing retirement account into your new gold IRA, and then buy precious metals within your IRA.
If you buy your metals within an IRA, the company will ship them to any of its partnered secured storage firms, depending on your choice. On the other hand, if you buy precious metals outside an IRA through Birch Gold, the company will ship your metals to your desired location.
Birch Gold offers its customers a wide range of precious metals selection via its online catalog and rich educational materials on precious metals investing.
Birch Gold also offers a buyback program to customers who want to liquidate their precious metals because of certain circumstances.
Hence, investors who want to diversify their retirement portfolio through precious metals inclusion can open their gold IRA accounts with Birch Gold.
The owner of Birch Gold is Laith Alsarraf. Mr. Laith was born in 1969 in Ontario, Canada. He studied at the University of California (UCLA) as a pre-med student, and during this period, he worked as a website designer and programmer. Mr. Laith was successful as a programmer and graphic designer, leading him to establish some companies, for instance, Cybernet Ventures.
In 2003, Laith Alsarraf founded Birch Gold Group. Since then, he has led the company to become one of the foremost gold dealers in the United States. He built the company with financial advisors, precious metals experts, commodity brokers, and wealth managers.
The primary aim of Laith and his team is to help investors diversify their retirement asset portfolio effectively through gold and other precious metals investments.
For over 20 years, Birch Gold has met and worked with important personalities in the United States. The company has established a long-standing partnership with these leading thinkers whose voices are loud across America through trust and transparency.
According to one of the company's agents that we spoke to, Birch Gold believes that all companies' three pillars of success are Trust, Respect, and Education.
Hence, the company does all it can to educate its customers and build mutual respect that develops into long-term trust. Birch Gold is very deliberate in building solid relationships with its partners. According to the agent, the company gradually builds partnerships with these high-profile people through their commitment to precious metals education.
Below are some high-profile people in the United States who have worked with Birch Gold and endorsed the company.
Unlike other precious metals companies in the United States, Birch Gold Group sells a wide range of IRA-eligible gold, silver, platinum, and palladium bullion coins, rounds, and bars to interested investors.
In addition, it offers precious metals IRA services to interested customers. You can easily open your gold or silver IRA through Birch Gold and set up your account. The company works with IRS (Internal Revenue Service) approved gold IRA custodians for your account setup and management.
It is important to note that the company can also sell precious metals within an IRA to you even if you do not work with its partnered IRA custodian.
After opening your gold IRA and purchasing metals from Birch Gold, the company will ship your metals to your preferred storage depository or your desired location (if you are buying metals outside an IRA).
As we have also mentioned, the company can help you roll over funds from your eligible retirement accounts, for instance, 401k or 403b, into your new gold IRA. Birch gold effective rollovers will ensure you legally transfer funds from your traditional retirement accounts to your new gold and silver IRA.
Birch Gold offers its customers an extensive catalog of premium quality precious metal bullion coins, rounds, and bars in the following categories.
Below is a list of some precious metal products on the company's website for sale.
When investing in physical precious metals through a gold IRA, you must deal with a reputable company approved by the IRS. These gold companies should have only high premium IRA-eligible precious metal products for sale on their websites.
Birch Gold is one of those companies you can trust for your seamless precious metal investing through a gold IRA. The company has simplified its gold IRA account opening process to make it easy for investors. Aside from that, it works with professionals who can assist you in opening your gold IRA account and setting it up for profitable investing.
You can open a gold IRA account through Birch Gold Group by following these simple steps below.
Step One
In opening a gold IRA account, you must first gather enough information about the investment process. The way to do that is to download the 2023 Birch Gold IRA investment kit for free. The investment kit will show you all you need about gold and silver investing within and outside an IRA.
Suppose you download the investment kit and have questions while reading it. You can contact one of Birch Gold's customer service representatives to get answers to your questions. Birch Gold representatives always help customers understand gold IRA investing better.
Step Two
After going through the Birch Gold investment kit and clearing all your doubts about gold investing, the next thing to do is open your IRA account with the gold company.
Birch Gold has representatives who can put you through the account opening process and help you with any necessary paperwork you need to complete. If you want to fund your account by transferring funds from your 401k, 403b, Roth, SIMPLE, SEP IRA, or other eligible retirement accounts, please speak to the precious metals specialist assisting you with the process to ensure that every vital paperwork necessary for facilitating the rollover process is in order.
An IRA account rollover process primarily involves asset transfer from one retirement account to another without incurring tax penalties from the IRS. We always advise our readers to speak to their tax advisors to ensure they understand the tax implications associated with rollovers and avoid IRS tax penalties.
Step Three
The next thing to do after funding your new gold IRA account is to start purchasing your preferred precious metal investments. The experts that Birch Gold works with can assist you in making the most profitable choices. But do not forget that in the end, the choice is still yours to make. On the company's website, you can choose any available physical gold, silver, platinum, and palladium bullion bars, coins, and rounds.
Step Four
After buying your preferred precious metal investments, you must choose your preferred storage custodian, where Birch Gold will ship your metals for safekeeping.
Birch Gold works with four IRS-approved depositories to provide precious metal storage solutions for its customers.
These secure depositories are.
A secure depository is a third-party storage facility that holds precious metals for investors.
When you select any of Birch Gold's partnered custodians for precious metals storage, Birch Gold will ship your purchased precious metals to your preferred storage company's facility for secure storage. These storage companies allow investors to physically walk into any of their facilities freely whenever they want to see their precious metal investments.
You can also change your preferred storage custodian or location whenever you want. Your former preferred storage company will ship your investments to the new one.
The primary method through which the company educates its customers is the free Birch Gold 2023 Information kit. You will find all you need to know about precious metal IRA investing and why gold and silver do so well during periods of inflation.
You can request the company's free gold investment kit without buying from the company.
Aside from the company's free gold investing packet, Birch Gold educates investors on precious metal investing through its website. In addition, the precious metal experts that the company works with are always available to educate its potential customers on precious metals investing so they can make informed decisions.
Birch Gold partners with the storage companies below for precious metals secure storage solutions.
Birch Gold partners with these financial institutions for gold IRA custodianship and account management services.
The company is very competitive and transparent about its precious metals prices. Birch Gold gives elaborate details about the precious metal products on its website, including their prices.
The table below shows the fees and costs that Birch Gold charges for its other precious metal services.
Services | Fees |
---|---|
Initial Account Set-up (One-Time Fee) | $50 |
Minimum Investment For Non-IRA Deals | $5,000 |
Minimum IRA INvestment | $10,000 |
Wire Transfer | $30 |
Annual Custodianship | $80 |
Annual Storage | $100 |
The company has had six Birch Gold complaints on BBB (only one in 2023), and all these complaints have been resolved. Below is the only complaint lodged by a client in 2023.
"I am a first-time buyer of silver with my minimal retirement fund. I purchased Oct. 13 at less than 17 dollars an ounce, and he stated the ****** leaf coins were 3 to 4 dollars over the spot. He asked if I was a first-time buyer. I said yes, and then charged me over $30,00 an ounce for the coins. The receipt has no info on the spot price, and he will not return my calls. I have not opened the packages. They are supposed to be 2022 ******** maple leafs, and I am afraid to look. Assorted dates are worth less. I bought a large amount, and I am beside myself. I feel so bad. I have since purchased from S D Bullion Mint to make up some of the loss at *****. An ounce was charged ***** 4 dollars over spot for 10 oz bars, which is cheaper than coins this week. They gave a receipt that completely describes the transaction. This price is less than Birch Gold's price back in Oct. I feel that I was taken advantage of."
A+ (4.8 out of 5 Stars)
This rating was based on 72 reviews and 8 resolved complaints in the last 3 years.
A.A. (4.5 out of 5 stars)
This rating was based on 8 reviews and 1 resolved complaint.
4.8 out of 5 stars
This rating was based on 231 reviews.
No Reviews Were Found
No Reviews Were Found
4.9 out of 5 stars
This rating was based on 231 reviews
Customers who make at least $50,000 precious metals purchases from Birch Gold will get their first-year custodial fees waived.
However, better promotions of FREE PRECIOUS METALS are available from Goldco and Hartford American Gold.
The following types of investors can do business with Birch Gold.
Although Birch Gold is one of the leading and most reputable gold investment companies in the United States, it may not be best for you if you fall into any of the categories of investors below.
Suppose you fall into the first or second class of investors who should not do business with Birch Gold. You can invest in your precious metals through Goldco and Noble Gold Investments.
When you invest in precious metals through Goldco and qualify for a rollover, you will get FREE SILVER WORTH $10,000. Click here to claim your FREE SILVER.
Noble Gold Investment allows customers to open gold IRAs for as low as $2,000.
To download the Goldco and Noble Gold free investment kits and learn more about these companies, please click the relevant links in the "Other Top Birch Gold Alternatives" section below.
To conclude this Birch Gold Group review, Bear Lake Gold would like to give its final verdict about this gold IRA company.
Birch Gold has been a reputable company in the industry for 20 years. Since its inception, the company has aimed to help customers diversify their retirement asset portfolio via precious metals inclusion and give them peace of mind about their retirement savings.
The company is famous in the United States for selling high-quality gold, silver, platinum, and palladium bullion coins and bars at competitive prices. In addition, it works with precious metal experts who help investors make the best precious metals investment decisions regardless of their financial situation.
Its commitment to educating customers on how precious metals can save their financial future has earned it a top place on consumer rating sites like BBB and BCA. It has also gained multiple endorsements from prominent personalities in the United States.
Hence, from all indications, Birch Gold is the right company for your precious metals investing. If you wish to diversify your investment portfolio by investing in precious metals through Birch Gold, please click this link to download the 2023 Birch Gold Investment Kit.
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