Disclosure: "the owner of this website may be paid to recommend Goldco.the content on this website including any positive reviews of Goldco and other reviews, may not be independent."
In this 2023 Goldco review, we will take a deep look at Goldco to help you decide whether it's the right company for you or you should avoid it!
So, what is Goldco? What does it have to offer? how much does it cost?
You will find the answers to these questions and more below!
- Name: GOLDCO
- Website: Goldco.com
- Founder: Trevor Gerszt
- Investement Minimum: $25,000
- Cash Minimum: $10.000
- Rating: 4.9/5.
What is GOLDCO?
Goldco is an experienced precious metals firm that offers precious metals services to its clients and helps them secure, protect, and diversify their investments.
This company was founded in 2006 by Trevor Gerszt and it's located in Woodland Hills, California.
In 2015, Goldco was declared by Inc. Magazine as the 3d fastest-growing financial services company in the US, and they have been also ranked as the 22and fastest-growing company by Los Angels Business Journal.
Who is The Owner of Goldco?
The person behind Goldco is Trevor Gerszt, he was born in South Africa, the 2nd largest gold-producing country.
After he started working in the real estate market in 2000, Trevor decided to get into an industry that will take him back to his roots, and this is how he got involved with the precious metals industry.
With his experience and dedication .Trevor started Goldco with a mission to help people achieve greater financial security by providing effective solutions that can help protect their wealth.
How Does Goldco Work?
The first thing you'll need to do is to contact a customer support representative by filling out an online application.
After that, the customer support representative will transfer you to an IRA specialist that will dedicate their time to help you through the entire process.
Once the Goldco IRA specialist collects all the necessary information they will create your account, transfer the funds and complete the application.
Once your precious metals IRA is funded, an account executive will help you choose the best precious metals.
There are three different services offered by Goldco. which are the following:
- Precious Metals IRAs
- Non-Precious Metals IRA's
- Cryptocurrency IRA's
However, we'll only discuss the important services offered by the company so if you wish to know more details you can contact Goldco.
- Gold & Silver IRA
Goldco specializes in precious metals IRA (individual retirement account) which is basically the same as the traditional IRA, the only difference is that instead of holding paper assets you are holding physical gold or precious metals.
- Traditional IRA & Roth IRA
Goldco clients have the option to choose from a traditional IRA or Roth IRA.
Below is the difference between a traditional IRA and Roth IRA explained by Goldco:
A SEP IRA (or Simplified Employee Pension) is a type of IRA provided by financial institutions for business owners to provide their employees with retirement benefits.
Another IRA offered by Goldco is SIMPLE IRAs which is for employees of 100 employees or less.
How is The Support?
One important feature that makes Goldco special is its excellent customer service.
Whether you want to buy precious metals or open an IRA account, a Goldco specialist will assist you through the entire process to ensure you are completly satisfied.
More Goldco Features
Besides the superb customer support, Goldco has other features that make them literally unique which are the following:
- Helpful Educational Resources:
Goldco offers many helpful educational resources for their customers.
On their website, you'll find videos, blog posts, and other information resources about investing and the economic outlook.
Goldco also offers a free education kit that will be mailed to your home for free!
- Low-cost Fees:
Goldco has low fees compared to other precious companies, also, Non-IRA transactions have zero fees.
- New Customers Receive Special Offers:
Goldco is known for how well they treat their clients, especially the new ones,
The following is what they offer:
- - If you open an account with $50.000 you'll not pay any fees for an entire year!
- -If you place a qualified order of over $50.000 you'll get 5% back in free metals.
- You can also earn up to $2500 worth of precious metals.
- Buyback Program:
Well, you'll never know when you will be needing the money! so when it's time Goldco is ready to buy it back from you at the highest price.
Goldco: Reviews & Ratings (2023 Update)
Goldco has an insane amount of positive reviews everywhere online!
Below are some of Goldco's reviews and ratings in 2023
- BBB: Accredited since 2011 with an A+ rating based on 468 reviews.
- Business Consumer Alliance: AAA Rating.
- TrustPilot: 4.6 Rating
- TrustLink: 5/5 based on 254 reviews
- Consumer affairs: 4.8/5 based on 1223 ratings!
- 5 STARS on Google Reviews
Goldco Requires a minimum purchase of $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.
What I Like About GOLDCO
1-They offer physical gold and precious metals (without the IRA).
3-Trusted and Experienced Custodians.
4-Superb Customer Service.
5-Exclusive Benefits for New Customers.
6-Detailed Description for their Products.
8-Tons Of Positive Reviews and Ratings.
What I Don't Like About GOLDCO
1-$25,000 Minimum Deposit.
After reviewing more than 250 I can assure you that your hard-earned money is safe with Goldco,
They've been in the industry for more than a decade and have gained the trust and confidence of many customers and investors!
The only thing that I didn't like about Goldco is their $25.000 minimum but it's still lower than most famous precious metals companies.
Check out Goldco's special free kit (+ free shipping) to learn more!