Birch Gold Group Review

Birch Gold Group Has been in the precious metals industry For nearly 2 decades. Since 2003, they’ve been providing customers with exceptional products and services.

Above all, reviews seem to indicate how much effort they’ve invested.

You’ll find few competitors can measure up, especially in such a competitive economy. So, let’s dig into the details so that we might develop an unbiased perspective.

What Is Birch Gold Group?

This company provides several types of retirement investment services. First and foremost, it appears as if IRA rollovers would be their specialty.

Besides those, they also provide brokerage services for anyone interested in precious metals.

Company Highlights

Founded in 2003:
How long a company has been operating would be a major indication of its quality. Most of the time poorly ran companies won’t last long. So, if they’ve still got their doors open, they must be doing something alright.
Located in Burbank, California:
Burbank California is home to many of the world’s most important companies. It sounds like you’ll find Birch Gold Group over there as well.
24/7 Support:
What happens if you need help in the middle of the night? Well, if you happen to be working with them, you’ll be in life. Give them a call and someone will be with you shortly.
AAA Rating From the Business Consumer Alliance:
Financial institutions have been known to swindle customers from time to time. Fortunately, in this case, things don’t appear to be like that. Instead, despite 17 years of service, Birch Gold Group still has a great reputation.

What Services Do They Offer?

Different types of accounts provide users with novel investment opportunities, broadening potential horizons. If you’ve been searching for something unique, these guys feel about as novel as it gets.

Plus, on top of IRA rollovers, they’ll provide you with tons of educational resources.

Not to mention, if you’re looking for precious metal IRAs, they’ve got plenty of them.

Types of Precious Metal IRAs

Gold IRAs:
Perhaps, you’d rather push some funds into gold specifically. Then, one of these would be perfect for you.
Silver IRAs:
On the other hand, silver seems to be quite appealing in some instances. So, if you’d like some of it, open one of these.
Self-directed Precious Metals IRAs:
Besides gold and silver, they’ve also got several other precious metals investments. Check out their website to see which of them would be the best for you.

They’ve Also Got 401(K) Rollovers:
Funding sources change how accessible these investments become. Since 401(k)s are the most common retirement account, supporting them opens things up a lot.

Fortunately, if you’d like to leverage your 401(k)s, they love to help you out with that.

That way, using the money you’ve got, you can position yourself in the precious metals market.

Additional Rollover Accounts Include

Traditional Iras
Roth Iras
Sep Iras
Simple Iras
403(B)S
457s
Tsps

Why You Ought to Invest in Precious Metals

Earning a living sounds like an effective way to reach retirement. Until you look at the balance sheet, and then you realize how many years that would take.

Then, you’ll understand why investing is such an important part of financial health.

Without plenty of them, reaching retirement at an early age is more or less a fool’s errand. Still, most of us don’t appear to understand its importance.

So, what makes precious metals such a wise investment compared to others?

Well, there’s plenty of reasons behind that. Below, we’ve outlined some of the most important ones.

Reasons You Should Invest in the Precious Metals Markets

Hedges Against Devaluation of the Dollar:
Every year, what you can purchase with one dollar shrinks. At least, that’s how things are supposed to go. Inflation is the term economists use to describe this process of devaluation. However, in the end, it’s only relevant to the dollar’s purchasing power. Putting your money into gold would be one way to circumvent the devaluation of your savings.
Safeguard Your Assets When the Markets Are Volatile
Equities often seem as though they are the only investments most people talk about. Sure, who could blame you for throwing some of your cash into the stock market? Unfortunately, the stock market seems to crash every few years. Having some of your portfolio in the precious metals could limit any potential pain.
Diversify Your Portfolio:
Diversity will always be a major component of a healthy retirement plan. Putting everything into one class of assets is the right idea. If something happened to that asset class, it could be devastating to you. Therefore, by investing in them, you’ll have another layer of financial security.

Fees

At the end of the day, how much you pay determines whether you’ll make the deal. Sometimes, things sound like they’ll be a little too expensive, so you avoid them. On the other hand, if the deal is unbeatable, it’ll be tough to pass on those savings.

So, how much does it cost for people to work with Birch Gold Group?

Compared to some of their competitors, they’ve got a much better deal. It’s still possible to find somewhere that offers even better deals, though.

Schedule of Fees

$50 Account Set up Fee:
You’ve got to pay this at the time of your initial account setup. It’ll be a single charge, so don’t worry about paying for another one.
$30 Per Wire Transfer:
Let’s say you’ve decided wire transfers would be the best way to fund your account. In that case, don’t forget about the $30 transfer fee. Otherwise, it might affect your bottom line.
$100 Annual Storage Fee:
Storing your assets with them tends to cost about $100 each year. You’ll pay these fees at the beginning of the year.
$80 Annual Maintaince Fee:
You’ve also got to pay this fee each year as well.

Investment Minimums

Some companies limit who can join by creating super high minimums. Thus, unless you’ve got some major cash, you’ll be barred from working with them effectively.

Luckily, when it comes to Birch Gold Group, things work a bit differently.

They’ll still want a minimum, but it’ll be much lower than their competitors.

Minimum Account Balance of $10,000:
Does your retirement account have more than $10,000? As long as you can put that much down on the line, nothing ought to hold you back from opening an account.

Unique Features

What sets Birch Gold Group apart from its competitors? You’ll find a few highlights on their website. Among those, we’d like to showcase the following. To us, these seem to be the most notable incentives they offer.

For Investments Above the $50,000, Your First Year of Fees Will Be Free
Yearly fees often eat into your returns. Avoiding them makes a major difference in how profitable you’ve been. Fortunately, by investing $50,000, your annual fees are waived.

They Also Support Direct Precious Metal Purchases:
Maybe, you’d rather purchase precious metals from them directly. Birch Gold Group also operates as a licensed brokerage. That way, if you’d like to buy physical metals, they can send them to your home.

Pros and Cons

Benefits and drawbacks are the name of the game. Everyone understands that life has its give and takes. That said, we also get how important profitability is for a company.

Like most other companies, Birch Gold Group has both positives and negatives.

Overall, we’d like to say we’ve been rather impressed by them. Still, other companies could take the crown if they’d offer something more enticing.

Advantages

Secure Delaware Depository:
So, you decided that investing in silver would be a great idea. Nevertheless, you’d like them to hold onto it for you. If that’s the case, they’d store everything in a secure depository, located in Delaware.
They’ll Provide You With a Free Information Kit:
Anyone who’d like to learn more about these investments can get one of their info kits. These contain tons of high-quality info about how to structure your retirement strategy. For us, they’ve been quite the eye-openers.
Long Track Record of High Performance:
17 years of service in the industry is a decent length of time. Not to mention, despite all those years, they’ve hardly registered any complaints.

Disadvantages

More Expensive Than Their Competitors:
If you’d like the most affordable investments possible, you’d better look elsewhere.
No Pricing Guarantees:
Sometimes, precious metals are volatile also. Unfortunately, you’ll be the one who is on the hook after you make a purchase.

How to Get Started

Opening up an account is relatively clear-cut. You would give them a call, since they’ve limited new accounts to over the phone, and they’ll take it from there.

Our summary below details each step of the process.

That way, if you happen to get lost, this ought to make retracing your steps easy

Steps to Open an Account

Choose Your Funding Source:
Would you like to send them a check or use something from your 401(k)? Either way, they’ve got options to assist.
Transfer Those Funds:
After making a decision, initiate the transfer.
Purchase Your Precious Metals:
Then, use those funds to buy whatever precious metals you’d like.
Ship Them to Your Custodian:
If you’d rather them hold onto it, send those orders to your custodian. After that, you’ll be all through.