What’s Birch Gold Group? If you have any knowledge of the gold IRA industry, you’ve already heard their name.
They’ve been around for nearly 20 years. Birch has a custom-built department for gold IRA clients, aimed especially at providing high-quality consultations and training courses.
Plus, they’re open 24/7, so you can contact them anytime and get the answers to your questions.
In addition to gold, Birch also works with silver and palladium-based retirement accounts. Even if you plan to start with a gold IRA, Birch’s wider range of options can make them a good choice if you intend to diversify your physical assets in the future.
Moreover, their dedication to customer education and long-term asset preservation can’t be underestimated.
Customer Service: 4.9/5
Birch Gold Group prides itself on providing excellent customer service. They have an entire team of specialists, all of whom are experienced in their fields and ready to help. But they also make sure that their clients are well-informed.
Each client is assigned a financial adviser who can help you with everything from your initial investment to your portfolio’s management. They also offer free training to help you understand the basics of gold investment and how to use it to your advantage.
In terms of the service itself, Birch Gold Group has a unique online portal where you can view your investments, receive reports, and monitor your portfolio. You can even download reports to your computer and then use them to create your own customized portfolios.
Expenses and Fees: 4.8/5
As with other options on this list, setting up a gold IRA with Birch Gold Group will only set you back a paltry $50. There’s an additional $30 to transfer your money, and from there, you can expect to pay $100 annually for storage and $80 annually for custodial management.
These fees are waived with an initial deposit of up to $50,000, but that’s where things get interesting.
Birch Gold Group’s minimum IRA investment is substantially less than what you would pay at its competitors, clocking in at $10,000.
For all that, there could definitely be more transparency about their pricing online, and you’ll have to ask your Birch representative about hidden fees that aren’t mentioned there.
Storage Options: 5/5
You have two basic storage options when you work with the Birch Gold Group: Delaware Depository or Brink’s Global Services.
The Delaware Depository is, no pun intended, the gold standard depository used by many gold IRA companies, whereas Brink’s Global Services is actually staffed by an army of armoured vehicles that transport your gold.
That’s the same company that many banks and high-priced jewellers employ to run their merchandise. They’re secure, mobile, and headquartered at a number of locations in major U.S. cities.
Best of all, both of these companies assume full liability for any loss or damage that occurs with your precious assets, so you can feel at ease working with them when you partner with the Birch Gold Group.