Goldco Reviews

What is Goldco?

Goldco is a company specializing in the trade of precious metals, located in Calabasas, California. Their office is situated at 24025 Park Sorrento Suite 210, Calabasas, CA 91302.

Established by Trevor Gerzst, Goldco has been operating in the industry for over 15 years. Their main focus is assisting clients in establishing self-directed IRAs.

Throughout its history, the company has cultivated a substantial clientele. Their extensive client base is evident in their online presence, with over 1000 positive reviews on various review platforms such as Google, BBB, and ConsumerAffairs.

In addition, the company has garnered support from notable figures such as Chuck Norris and Sean Hannity.

Goldco has formed strategic partnerships with other reputable firms to provide you with top-notch IRA custodial services and secure bullion storage options. In addition, they offer a wide range of gold and silver products that are suitable for inclusion in your precious metals IRA.

They also offer a wide range of non-IRA precious metals products in their catalog. If you’re interested in collectible rare coins, they offer a wide range of options to choose from.

Goldco has been recognized with numerous accolades and awards since its establishment. They have achieved recognition on the Inc 5000’s list of top American firms and were acknowledged as the 22nd fastest-growing company in LA by the Los Angeles Business Journal.

People Behind Goldco:

Trevor Gerszt is the owner and founder of Goldco. His goal was to establish a streamlined service for investors, enabling them to easily set up self-directed IRA accounts and start investing in precious metals.

Based on his online presence, Gerszt has a strong belief in the importance of well-diversified portfolios that include a significant mix of precious metals. This strategy provides stability and protection against various volatile factors.

He was raised in South Africa and immigrated to the US at the age of 6.

Trevor Gerzst had a keen interest in collecting coins during his youth, which ultimately fueled his entrepreneurial journey with Goldco.

In addition to Trevor Gerzt, another prominent individual at Goldco is Jennifer Levin, who serves as the company’s VP and General Counsel.

She was honored with the In-House Counsel of the Year award by the LA Business Journal. Additionally, she holds a Juris Doctor (JD) degree in Law, which she earned from the USC Gould School of Law.

How to Open a Gold IRA with Goldco:

To start a Goldco IRA, simply follow these steps:

• Visit their website and register for the complimentary retirement savings guide. This free guide can provide you with a comprehensive understanding of the advantages associated with a gold IRA.
• Once the representatives from Goldco reach out to you, you’ll have the opportunity to sign an agreement and ensure the security of your purchase. In addition, the experts at Goldco will provide you with comprehensive guidance throughout the entire process.
• the representative will request that you contribute to your precious metals IRA. You can fund your Goldco IRA through a rollover. If you already possess a 401(k), 403(b), or any other IRA account. The experts at Goldco will guide you through this process as well.

Once you’ve successfully funded your Goldco IRA, you’ll be able to begin purchasing the precious metals of your choice. That’s all.

Goldco Products:

Goldco offers a wide range of gold and silver products for your consideration. They provide a range of options for investing in precious metals, including both IRA-eligible and non-IRA options.

In addition, the website provides clear explanations of the different types of products, ensuring that you won’t accidentally include a non-IRA product in your Goldco IRA.

Unfortunately, the lack of platinum or palladium products may discourage certain investors. Platinum and palladium have gained significant popularity in recent years as they offer a valuable opportunity to diversify your portfolio.

Gold Products:

Goldco offers a wide selection of 12 gold IRA coins and various bars for you to choose from.

• British Lunar Series
• Freedom Coin
• American Eagle (Gold)
• American Eagle Proof (Gold)
• The American Bald Eagle Coin
• Maple Leaf (Gold)
• Gold Liberty Coin
• Australian Saltwater Crocodile

And many others.

Silver Products:

Similar to their assortment of gold products, Goldco offers a wide range of silver products, including both IRA and non-IRA options.

• Freedom Coin
• Lucky Dragon
• 20th Anniversary Britannia
• Maple Leaf (Silver)
• Silver American Eagle
• The Great Barrier Reef
• American Eagle Proof (Silver)

And many more.

Goldco Fees:

The fee structure at Goldco is very fair. They state that they have minimized their Goldco fees, but the fees may vary based on the magnitude of your investment.

They charge a flat annual fee of $80 for maintaining their IRA. For storage fees, there is an annual charge of $150 for segregated storage and $100 for non-segregated storage.

In a similar vein, Goldco has a $50 fee for setting up an IRA and an additional $20 fee for wire transfers.

Not all gold IRA companies are created equal. We have conducted extensive research to identify the most reputable gold IRA company, which has received the highest customer ratings for its transparency.

It is worth mentioning that the company does not impose any fees on rollovers. To open an account with Goldco, a minimum investment of $25,000 is required.

Unique Highlights of Goldco:

Goldco stands out from the competition in numerous ways. Here are some of the standout features of this IRA company:

Storage Facilities:

As per IRS regulations, it is necessary to store your IRA precious metals in a vault that is approved by the IRS. It is not permissible to keep your IRA precious metals at home.

Storing precious metals at home may result in penalties from the IRS, as they do not recognize them as part of your IRA.

That’s the reason why Goldco collaborates with various third-party storage providers.

There, you have the option to select between segregated storage and non-segregated storage.

Goldco has partnered with Equity Trust Company, a highly reputable IRA custodian in the industry, for custodial services. According to IRS regulations, it is required to have a custodian for your IRA as they are responsible for ensuring your adherence to the rules.

Does Goldco Perform IRA Rollovers?

Based on various Goldco reviews and their website, the Los Angeles-based company provides seamless and effective IRA rollovers.

If you already have an IRA, the experts at Goldco can assist you in transferring the funds from your IRA to a Goldco IRA.

Free Goldco Welcome Kit:

Goldco provides a complimentary retirement savings kit to new customers. To receive this complimentary savings kit, simply register on their website.

After providing your contact details, the company will send you a complimentary retirement savings kit.

There are no additional costs for shipping or mailing this kit.

In the retirement savings kit, you will discover the advantages of investing in precious metals and how they can empower you to take charge of your financial future, allowing your retirement to flourish.

Additionally, it will outline a 3-step process for tax-free investment in precious metals.

The kit provides a comprehensive written, video, and audio guide. According to Goldco, you can expect to receive this complimentary kit within 2-3 days of confirming your order.

Celebrity Endorsements:

Very few precious metals dealers have managed to secure celebrity endorsements. Out of all the options, Goldco stands out with an endorsement from the legendary Chuck Norris.

According to Chuck Norris, Goldco is the only company he trusts for gold and silver investments.

There are other celebrities who also endorse this bullion dealer based in LA.

Another notable figure who supports this company is Sean Hannity from Fox News. Chuck Norris and Sean Hannity are both well-known figures. Having the support of influential figures undoubtedly enhances the credibility and authenticity of Goldco’s brand.

Goldco Reviews and Ratings on Other Platforms:

Better Business Bureau (BBB):

The Goldco BBB profile boasts an impressive A+ rating, the highest possible on the platform. In addition, the company has received an impressive rating of 4.83 out of 5 stars based on nearly 400 customer reviews.

Many customer reviews on BBB commend the seamless buying experience and the helpfulness of the company’s staff in guiding them through the investment process.

Trustpilot:

The Goldco Trustpilot page displays an impressive track record with over 800 reviews, of which an overwhelming 91% have awarded them a perfect 5-star rating.

Therefore, the company has an exceptional rating of 4.8 out of 5 stars. The company has received a “Excellent” rating from Trustpilot.

ConsumerAffairs:

ConsumerAffairs rates the company highly, with a 4.8 out of 5-stars rating based on over 1000 reviews.

Similar to other platforms, reviewers on this site express their satisfaction with the company’s exceptional customer service and highly knowledgeable support.

TrustLink:

TrustLink has a total of 250 reviews, all of which rate the company with a flawless 5 out of 5 score.

Business Consumer Alliance:

In addition, the company boasts a AAA rating on the Business Consumer Alliance. The AAA rating is the top-notch rating a business can achieve on BCA. The company has been a member of the firm since 2011.

Goldco Review: Conclusion

Goldco’s competitive fees and consistently positive reviews make it an excellent choice for a wide range of investors.

They provide a complimentary investment kit and maintain an extensive blog. These resources can be utilized by novice investors to enhance their comprehension of precious metals investments.

In addition, there is a wide range of products available for your gold IRA. The company’s processes are highly praised in most of their reviews, with customers appreciating the assistance provided by the staff during the setup.