Contents

A Review Of The Precious Metals Company Goldco 

I am Jamie Thorncliff, a professional investment writer specializing in the precious metals industry. With over five years of experience as a dedicated researcher, I am committed to providing you with comprehensive and insightful information to assist in making well-informed decisions about your investments. In this Goldco review guide, I have diligently compiled all the essential details you require to navigate the realm of precious metals investments with confidence.

And if you still have questions after reading it, don't hesitate to shoot me an email. I promise not to use too many big words or talk like a Wall Street banker. So sit back, relax, and enjoy the read - you'll be a precious metals pro in no time!

Now lets dig in

The Content on Goldirainvestmentguy.com does not constitute financial advice. Before entering an agreement or contract talk to a financial advisor. We may from time to time earn commissions from the reviewed mentioned companies on this website.

Introduction to Goldco

When it comes to investing in precious metals, it's important to choose a company that has a solid reputation and proven track record of success. One such company is Goldco, as a leading provider of precious metal IRA services.

In my review, I will take a look at Goldco's ratings on various reviewed platforms such as BBB - Better Business Bureau, Google Review, Trustpilot, Consumer Affairs, and Trustlink, their history, pricing, and why investors should consider Goldco for their precious metal IRA investments.

Top Ratings Across Multiple Review Sites

  • Better Business Bureau
  • Google Reviews
  • Trustpilot
  • ConsumerAffairs
  • Trustlink

Later, I will explore the reasons why investors should contemplate Goldco for their precious metal investments. This will include a discussion to explore the key differences between Goldco and their competitors.

Goldco Ratings and Reviews

In this Goldco Precious metals review you will notice they have consistently received high ratings and positive reviews on various platforms, including BBB, Google Review, Trustpilot, Consumer Affairs, and Trustlink.

On BBB, Goldco has an A+ rating, which is the highest possible rating. They have also been accredited with BBB since 2011, which shows their commitment to customer satisfaction. On Google Review, they have a 4.9-star rating out of 5 stars, based on over 2,209 reviews. Similarly, on Trustpilot, they have a 4.8-star rating out of 5 stars, and rate as 'excellent' based on over 1,256 reviews.

On Consumer Affairs, they have a 4.9-star rating out of 5 stars, based on over 1,685 reviews. Lastly, on Trustlink, they have a 5-star rating, based on over 1,200 reviews.

These consistently high ratings and positive reviews demonstrate Goldco's commitment to providing excellent customer service and delivering high-quality precious metal IRA services.

Better Business Bureau


The Better Business Bureau (BBB) is a nonprofitable organization that helps consumers find trustworthy businesses and avoid scams. BBB accreditation is a prestigious status that is only awarded to businesses that meet the organization's high standards for trustworthiness, transparency, and customer satisfaction.

Goldco's A+ rating with the BBB is a testament to its commitment to delivering high-quality precious metal IRA services and providing exceptional customer service. The BBB's ratings are based on several factors, including the company's complaint history, how they handle customer complaints, and the transparency of their business practices.

Goldco's accreditation with the BBB since 2011 further reinforces its reputation as a trustworthy and reliable company. This means that Goldco has consistently demonstrated its commitment to customer satisfaction, ethical business practices, and transparent operations for over a decade.

Investors who are considering investing in precious metals through Goldco can feel confident knowing that they are dealing with a reputable and trustworthy company that has a proven track record of success. The A+ rating with the BBB and their accreditation further cement their status as a leader in the precious metal IRA industry.


Accredited Since: 12/9/2011

Years in Business: 16

Customer Complaints

47 complaints closed in the last 3 years

27 complaints closed in the last 12 months

Overall Rating
4.8 / 5

highest rating A+

Customer Support

Transparent

BBB

736 Customer Reviews

NB: Customer Reviews are not used in their calculation of BBB Ratings

Google Reviews

Google Reviews also showcase the positive experiences of Goldco customers. With an average rating of 4.9 stars out of 5, based on 2,209 reviews it's very clear that Goldco delivers on its promises of excellence in service and support. 

Their customers frequently mention how knowledgeable their precious metals specialists are, their easy investment process, and that they get a sense of security when working with Goldco.

Overall Star Rating
4.9 / 5

Customer Rating

Service & Support

Average of 2,209 Customer Reviews

Trustpilot

Goldco has an impressive rating of 4.8 stars out of 5, with an overwhelming 1,256 majority of reviews being positive. Customers love the company's professional approach and knowledgeable team, as well as the educational resources they provide for making informed investment decisions.

Overall Star Rating
4.8 / 5 

Customer Review 

knowledgeable

Average of 1,256 Customer Reviews

Consumer Affairs

Goldco has a 4.9-star rating out of 5 stars on Consumer Affairs, based on over 1,685 reviews. The Consumer Affairs website provides a platform for consumers to share their experiences with various companies and services, making it an important source of information for those considering investing in precious metals.

The consistently high ratings and positive reviews on Consumer Affairs demonstrate Goldco's commitment to customer satisfaction and the quality of its precious metal IRA services. Customers have praised Goldco for their knowledgeable and responsive customer service, as well as their transparent pricing and easy-to-understand investment options.

Additionally, Goldco has responded to many of the reviews on Consumer Affairs, showing its dedication to addressing any concerns or issues raised by its customers. This further demonstrates their commitment to providing excellent customer service and ensuring their customers are satisfied with their investments. Overall, the positive ratings and reviews on Consumer Affairs are another strong indication that Goldco is a reputable and reliable company for precious metal IRA services.


Overall Star Rating
4.8 / 5 

Customer Service

transparency

(Average of 1,685 Customer Reviews)

Established over a decade ago, Goldco is a comprehensive investment firm that empowers customers to transfer their 401k, 403b, and 457 plans into an individual retirement account (IRA) for a flat, yearly charge.

 Over the last decade, the company has assisted customers in investing more than $1 billion in gold and silver. In addition to providing IRA accounts, Goldco also offers customers the option to procure and store precious metal investments within the comforts of their own homes.

Contact Information

Goldco Headquarters
24025 Park Sorrento, Suite 210
Calabasas, CA 91302

Tel:  855-450-1394

You can find out about Goldco Visit in the link above

Opening Hours:

They are open from Monday-Friday 7am-4pm PST

Goldco Versus Competitors

When it comes to choosing a company for your precious metal IRA, it's important to compare Goldco's ratings and reviews with those of their competitors.

One of Goldco's main competitors is Noble Gold, who has a A+ rating on BBB and a 5-star rating on Trustpilot, based on over 79 reviews.

Another competitor is American Hartford Gold Group, who has an A+ rating on BBB and 502 reviews showing 5 stars. And also has 5-star rating on Trustpilot.

The Birch Gold Group, another competitor, has an A+ rating on BBB and a 4.5-star rating on Trustpilot, based on over 153 reviews. Lastly, Augusta Precious Metals, another competitor, has an A+ rating on BBB and a 4.97-star rating on Trustpilot, based on over 153 reviews.

While all of these companies have positive ratings and reviews, Goldco's consistently high ratings across multiple platforms demonstrate their commitment to customer satisfaction and the quality of their services.

Why Goldco Receives Great Reviews

There are a few factors contributing to their consistent positive reviews 

#1

5/5

Expertise

The Goldco team of experienced precious metals specialists ensures that their customers receive accurate up-to-date information on precious metal investing.

Goldco Precious Metals Review

#2

5/5

Transparency

Gold IRA Fees
The required minimum purchase at Goldco to start a gold IRA is $25,000.


Goldco’s preferred Custodian charges a flat annual account service fee which includes a one-time IRA account set-up fee of $50. as well as a $30 wire fee.


Annual maintenance is $100, and storage is $150 for segregated storage or $100 for non-segregated storage.


Fees for gold storage and custodianship can vary depending on the company you select to handle these services (required by the IRS, as all IRA assets must be managed by a custodian).


Depending on the Custodian, storage fees can range from $10

to $60 per month, or as a percentage of assets, from 0.35% to 1% annually.


Goldco does not charge any storage fees for cash transactions over
$25,000.


Price

#3

5/5

Customer service

Goldco places a lot of emphasis on customer service, resulting in great support throughout the investment process

Investment Advice

#4

5/5

Educational resources

They provide a wealth of educational informative products, empowering their new customers to make well-informed decisions about their precious metal investments.

educational

Goldco History and Information


Goldco's focus is on helping individuals and families protect their retirement savings by investing in precious metals, such as gold and silver. They offer a range of precious metal IRA services, including setting up a self-directed IRA, transferring funds from an existing IRA or 401(k) into a precious metal IRA, and purchasing and storing precious metals.

Financial Adviser and Investment Scams

While Goldco has a proven track record of success and consistently high ratings and reviews, it's still important for individuals to seek the advice of a financial adviser before making any financial commitments. A financial adviser can help assess an individual's financial goals, risk tolerance, and recommend the best investment strategy for their specific needs.

Additionally, it's important for investors to be aware of investment scams and how to avoid them. One common scam is the "pump then dump" scheme, where scammers artificially inflate the price of a stock or investment, and then sell their shares for a profit, leaving unsuspecting investors with worthless investments. Investors should be wary of unsolicited investment offers, promises of guaranteed returns, and high-pressure sales tactics.

Goldco takes investment fraud seriously and has measures in place to protect its customers from scams. They also provide educational resources to help individuals understand the risks and benefits of investing in precious metals.

Pricing

When it comes to pricing, Goldco offers competitive pricing on their precious metal IRA services. Their pricing varies depending on the type of precious metals and the storage options chosen by the customer. They offer a transparent pricing structure, with no hidden fees or charges.

IRA Fees


To initiate a gold IRA at Goldco, a minimum purchase of $25,000 is required. The company's preferred custodian levies an annual flat account service charge, which incorporates a one-time fee of $50 for setting up the IRA account and a $30 wire fee.

The annual upkeep cost is $100, while segregated storage attracts a $150 fee, and non-segregated storage costs $100. The charges for the gold storage and custodianship may vary depending on the service provider you choose to manage these services, as mandated by the IRS. Depending on the custodian, the storage fees can range from $10 to $60 per month or from 0.35% up to 1% of assets annually. Goldco does not levy any storage fees for cash transactions above $25,000.


Additional Benefits of Choosing Goldco

Goldco

In addition to the reasons mentioned above, there are several other benefits of choosing Goldco as your precious metals investment partner.

Main Benefits:

  • Goldco a wide range of precious metal products, including gold, silver, platinum, and palladium. 
  • Storage Solutions: The company partners with reputable custodians, . 

Company Highlights

our Pick
High ratings

High Ratings

Goldco's unwavering dedication to customer satisfaction, transparency, and professionalism is evident through their consistent receipt of exceptional ratings on various review platforms, including Better Business Bureau, Google Reviews, Trustpilot, ConsumerAffairs, and Trustlink.

Expertize

Expertise

The company's proficient team of professionals offers customers the most precise and current information on investing in precious metals, guaranteeing knowledgeable investment decisions.

Price

Transparency

Goldco's reputation for transparent fees and pricing empowers customers to make informed decisions without concern for undisclosed charges..

Exceptional Customer Service

The company prioritizes providing personalized attention and support throughout the investment process, ensuring that its customers have a seamless and exemplary experience.

 

Educational Resources

Goldco offers a wealth of educational materials to help customers make informed decisions about their investments. This commitment to education empowers investors and builds trust in the company.

Diverse Product Offerings

The company provides a wide range of precious metal products, including gold, silver, platinum, and palladium, allowing investors to diversify their portfolios and reduce overall risk.

Secure Storage Solutions

Goldco takes pride in partnering with only the most trustworthy and reliable custodians in the industry, who offer state-of-the-art storage facilities and unmatched security measures, giving customers peace of mind that their investments are in the best possible hands.


Streamlined Process

Ongoing Support: Goldco provides ongoing guidance and market updates for customers, helping them stay informed about market trends and make well-informed decisions about their precious metals investments.


What Type Of Customers Invest In A Goldco IRA Retirement Plan


Goldco caters to a wide range of investors, from beginners to experienced professionals, who are interested in diversifying their portfolios and securing their financial future with precious metals investments.

Goldco's customers that are most likely to invest in their products tend to be late in their career, with a demographic leaning toward males and females living in suburban or rural areas.  Potential veterans and devout Christians are also part of this demographic, with a political inclination toward the Republican party, including being likely supporters of Donald Trump. In addition, many of these investors have paid off their home or have lived there for 15 years or more.

With a current investment portfolio worth $150,000 or more, these individuals are interested in diversifying their assets and securing their financial future through precious metals investments. Goldco's emphasis on education, customer service, and transparency is highly attractive to this demographic, as it enables them to make informed decisions about their investments.

By catering to the specific needs and preferences of their target audience, Goldco has established itself as a leading provider of precious metals products and services for individuals seeking to safeguard their wealth and preserve their legacy.

Retirement Savers

Individuals looking to secure their retirement savings through a Gold IRA often choose Goldco. Precious metals, such as gold and silver, can provide a hedge against inflation and economic uncertainty, making them an attractive option for long-term retirement planning.

Diversification Seekers

Investors who recognize the significance of diversification and seek to reduce their exposure to the uncertainties of traditional financial markets may choose to invest in precious metals with Goldco. By incorporating gold, silver, platinum, and palladium into their portfolio, investors can achieve greater balance and stability, protecting against market volatility and other potential risks.

With their unique properties and performance characteristics, precious metals can help investors safeguard their wealth and preserve purchasing power over the long term. At Goldco, clients can rely on the company's expertise and guidance to help them build a diversified portfolio that aligns with their goals and aspirations.

Inflation Hedge Seekers 

People concerned about the impact of inflation on their savings and investments may choose to invest with Goldco. Precious metals tend to maintain their value over time, providing a hedge against rising inflation rates.

Financially Conservative Investors

Those who prefer tangible assets over paper investments, such as stocks and bonds, may find Goldco's offerings appealing. Physical gold and silver provide a level of security and stability not always found in paper investments.

Economic Anxieties

Investors concerned about potential economic crises or market downturns may invest in precious metals with Goldco. Gold and silver have historically served as safe-haven assets during times of financial turmoil.

New Investors

Novice investors seeking to learn about precious metals investing can turn to Goldco for its comprehensive educational resources and exceptional customer support. The company is renowned for offering extensive information and expert guidance to assist investors in making informed investment decisions.



Pros and cons

Pros

  • Best Gold & Silver Deals 
  • 2022 Company Of The Year award
  • Highest Buyback Guarantee
  • 100% FREE IRA Rollover

Cons

  • IRA starting purchase 25K
  • cannot set up accounts online
  • Direct purchase 3.5K

Final Conclusion

Advantages that set them apart as a leading provider of precious metals products and services.

Here are the top five:



Exceptional White Glove Service 

Goldco provides customers with a seamless and hassle-free experience when rolling over their retirement accounts, with direct sales of gold and silver to help protect and diversify cash and savings accounts.

Industry Expertise and Resources 

Goldco offers a vast library of free guides and reports, including their Wealth Protection Kit, to help customers make informed decisions. Customers can also access Goldco specialists and the customer care teams through phone, email, and chat.

Dependable and Trustworthy

Goldco has established itself as a trustworthy leader in the precious metals industry for over a decade, with an A+ rating from the Better Business Bureau, a Triple A rating from the Business Consumer Alliance, 5-time INC5000 winner, and thousands of positive reviews from satisfied customers.

Special Customer Promotions 

Goldco offers several promotions throughout the year to help customers maximize their purchases, such as IRA fee reimbursements or a percentage of the transaction back in free silver.

Excellent Buyback Program 

Goldco offers the best deal possible should customers decide to sell their purchased metals, ensuring their satisfaction. The company is so confident in the buyback pricing that it encourages customers to come to Goldco first. With its exceptional service, expertise, reliability, customer incentives, and buyback program, Goldco offers a valuable and comprehensive suite of benefits to its customers seeking to secure their financial future through precious metals investments.

Contact Goldco Today

If you still have questions after reading my review, feel free to reach out to Goldco by following the link provided below. Before contacting them, it's a good idea to compile a list of your questions. Alternatively, you can include your queries in the inquiry form available on their website, and Goldco will promptly address your concerns.

FAQs

How long does it take to set up a Goldco Gold IRA and complete a transfer or rollover?

The process of setting up a Goldco Gold IRA usually takes a few days to a couple of weeks, depending on the responsiveness of your current custodian and the complexity of the transfer or rollover. Goldco's dedicated IRA specialists will guide you through the process and coordinate with your current custodian to ensure a smooth and timely transition.

Can I take physical possession of my precious metals from a Goldco IRA?

According to IRS regulations, you cannot take physical possession of the precious metals held in your IRA until you reach the age of 59 1/2. Taking possession of the metals before this age may result in taxes and penalties. After reaching the eligible age, you can take a distribution from your IRA in the form of physical metals or cash, depending on your preference.

How can I track the performance of my Goldco IRA investments?

You can track the performance of your Goldco IRA investments through your online account access provided by Goldco. Additionally, the company sends out periodic account statements to help you stay informed about your investment's value. You can also monitor the market prices of precious metals through various financial news sources and websites to stay updated on the performance of your investments.

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