August 25

Birch Gold Group Review: Ratings, Complaints, Fees, & More

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Birch Gold Group Review: Ratings, Complaints, Fees, & More

Birch Gold Group (BGG) is a precious metals dealer located in Burbank, California. Established in 2003, Birch Gold has established itself as a trusted U.S. financial services firm. 

The company supports cash deals (delivery of your metals), but primarily markets themselves as Gold IRA specialists. If you're interested in adding physical gold, silver, platinum, or palladium to your IRA or 401(k), you'd likely turn to Birch Gold or one of their gold IRA competitors...

The truth is, new gold IRA dealers seem to pop up every week. So why choose Birch Gold? How does Birch Gold Group stack up against these other companies? In this Birch Gold Group review, we'll examine the company, their offerings, online reviews, customer complaints, fees, and more. Let's get started.

BGG Logo

tl;dr Summary

Birch Gold Group (BGG) is a trusted precious metals IRA dealer.

Pros: Top rated firm, competitive fees, knowledgeable staff.

Promos: Up to $10,000 in free precious metals, plus all setup fees waived on qualifying new accounts.

Birch Gold Group Review

Headquartered across the street from Warner Bros. Studios in Burbank, California, Birch Gold markets their services to families across all fifty states. They've been featured in major media outlets, and advertise on Conservative programs such as The Ben Shaprio Show.

Their website displays glowing reviews implying an overwhelmingly positive reputation. We've searched the internet watchdog groups for any redflags with the company and compiled them here for your review.

Ben Shapiro promotes Birch Gold

Best-Selling Author Ben Shapiro endorses Birch Gold Group

Related: How to Protect Against the Next Stock Market Crash - Free 20+ Page Gold IRA Kit

Birch Gold Reviews, Complaints, & Disputes

Note: This article is written August 24th, 2020. Please click on links to visit consumer review websites directly for up-to-date information as ratings may change.

Better Business Bureau: Birch Gold Group has an A+ Rating with the Better Business Bureau (BBB). The BBB reveals 72 customer reviews with a 5 (out of five) star average rating. 

Business Consumer Alliance: The Gold IRA firm has an AAA Rating with the Business Consumer Alliance (BCA). The BCA shows one 5 (out of 5) star customer review. Birch Gold has had one complaint filed against them in the last three years, and the BCA reveals this complaint has been resolved by the company.

Birch Gold Complaints, Reviews

Google Reviews: The world's largest search engine also allows consumers to review businesses. Google has racked up 194 Birch Gold Group reviews averaging a 4.8 out of 5 stars...

TrustPilot:  TrustPilot has compiled 73 Birch Gold Group reviews. The company currently has 4.8 out of 5 stars average rating on the review platform.

TrustPilot Reviews

TrustLink: BGG has 125 client reviews on TrustLink.Org. Their overall average rating is 5 out of 5 stars. 

Yelp: Birch Gold currently has a 5 out of 5 star average rating on Yelp (based on just four reviews).

BGG Logo

tl;dr Summary

Birch Gold Group (BGG) is a trusted precious metals IRA dealer.

Pros: Top rated firm, competitive fees, knowledgeable staff.

Promos: Up to $10,000 in free precious metals, plus all setup fees waived on qualifying new accounts.

Birch Gold IRA Fees

If you're taking the time to read this Birch Gold review, you already know the benefits of investing in gold and silver. However, there are fees involved when opening and maintaining your Gold IRA.

There are one-time setup fees, as well as annual costs to maintain the self-directed IRA.

If you invest with Birch Gold Group, here's what you can expect.

Setting Up Your Gold IRA

Whether you decide to work with Birch Gold or one of their competitors, the Gold IRA "specialist" firm usually facilitates the entire Gold IRA process. This involves working with a self-directed IRA custodian and gold storage company. 

Gold IRA Custodian

Likely your 401(k) or current IRA custodian doesn't allow you to invest in physical precious metals. You'll need to open a new self-directed IRA with an IRS-approved Custodian that handles these investments.

Birch Gold can review your current retirement account, determine your rollover eligibility, and advise your best route. You can open an account with your preferred custodian or work with Birch's preferred partner - Equity Trust. Below are your fees assuming you've chosen Equity Trust as your Custodian.

Setup Fee

Wire Fee

Total Annual Maintenance Fee

$50.00

$30.00

$80.00

Important Note: Birch Gold Group will waive initial setup, wire, and maintenance fees on new IRA accounts over $50,000.  

Related: Gold IRA Tax Rules: The IRS and Your Precious Metals IRA

Gold Depository or Storage Vault

If you want to keep the tax-man happy, your physical precious metals cannot be held in your personal possession. Your physical gold bars and coins must be held in an IRS-approved storage facility. 

Birch Gold Group offers their clients the choice from these options:

  • Delaware Depository Service Company (DDSC) offers non-segregated vault storage:  Your metals are safe and fully insured with DDSC for an annual cost of $100.00
  • Brinks offers non-segregated storage for the same flat rate of $100 per year.
  • International Depository Services (IDS) would be the gold storage facility of choice for investors that prefer segregated vault storage. The cost to store your metals with IDS is a flat rate of $150 a year.

Total Annual Storage Fee

$100.00 - $150.00

Any of the three companies above are more than capable of holding IRA investments on your behalf.

Do you need segregated vault storage? 

Discuss the pros and cons of segregated vault storage with your Birch account representative. They can help you determine the option that makes the most sense for you and your investments.

These three storage providers have locations throughout the United States, giving you the option of keeping your metals in Delaware, New York, California, or Texas.

Related: Diversify Your Retirement and Safeguard Against Inflation - Free 20+ Page Gold IRA Guide

Birch Gold Review: Worth it?

I like Birch Gold Group for a number of reasons. The Gold IRA company:

  • Is highly rated across all independent verified consumer review sites
  • Has been in business almost two decades. 
  • Has a low $10,000 minimum for their Gold IRAs. 

Some of the other gold IRA dealers have $20,000-$25,000 minimums which could price out some Americans that want the tax benefits of a self-directed IRA.

Birch Gold Complaints: What I Don't Like

A Birch Gold Group review would be incomplete without criticism. I recently recommended Birch Gold to a blog reader purchasing gold and silver coins for home delivery. Unfortunately, Birch Gold Group has a $5,000.00 minimum for all non-IRA purchases. This gentleman was only planning to buy a couple thousand dollars worth of precious metals. He had to go elsewhere since this purchase was below Birch's minimum.

This $5,000.00 minimum is the main reason why I believe that Birch Gold Group is an excellent company for gold and silver IRAs, and not necessarily for smaller purchases.

BGG Logo

Birch Gold Group: Summary

Birch Gold Group (BGG) is a trusted precious metals IRA dealer.

Pros: Top rated firm, competitive fees, knowledgeable staff.

Promos: Up to $10,000 in free precious metals, plus all setup fees waived on qualifying new accounts.

Summary

IncomeInsider only endorses a short list of gold dealers for our customers. It's important that we fully vet any company before making a recommendation to readers. After sifting through Birch Gold Group reviews online and exchanging emails with a representative from the company, we've decided to add them to our list. 

Birch Gold Group reviews show they've developed a reputable brand over the last seventeen years. I believe you can't go wrong working with them. Of course, always contact two to three gold firms. Request information and ask all of your questions.

Have these gold firms work to earn your business. Check the gold IRA companies out for yourself on consumer watchdog organizations like TrustPilot or the Better Business Bureau. Due diligence now will ensure your precious metals are in good hands.


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About the Author

Ilir is the editor at incomeinsider.org. He is a cryptocurrency and precious metals enthusiast and has been publishing articles on alternative investments since 2013. He also blogs about entrepreneurship and digital marketing. When he's not creating content online, he's spending time with his family.

Ilir Salihi

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