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Birch Gold Group – Everything You Need to Know (Expert Review 2022)

Birch Gold Group Review – A Quick Overview

Established in 2003, Birch Gold Group is a gold IRA dealer based in Burbank, California. The company offers gold, silver, platinum and palladium bullion products to its customers and works with all notable custodians including Equity Trust and STRATA Trust. They have received an A+ rating on BBB and 100+ 5-star reviews across multiple platforms. However, the company doesn’t share any pricing details nor does it share any information about the team behind the firm. 

Pros

  • Competitive fees
  • One of the most experienced IRA firms
  • 100+ positive reviews
  • Offer platinum and palladium products
  • Large gold and silver product selection

Cons

  • No pricing details available on the website
  • Received complaints for high markup on select coins
  • No information available on the management team

What is Birch Gold Group?

Birch Gold Group is a precious metals dealer based in Burbank, California. Their address is 3500 W Olive Ave #730, Burbank, CA 91505 and their contact number is +1 800-355-2116. 

The company has been in the bullion industry since 2003 and are among the most experienced brands. 

Over the nearly two decades of its operations, Birch Gold Group has succeeded in establishing itself as a reliable and trustworthy brand. Several members of its upper management are on the highly reputed Forbes Finance Council. 

Moreover, the company has received endorsements from notable conservatives including Ben Shapiro and Ron Paul.

(Source)

Getting these endorsements helped BGG tremendously in gaining popularity among investors. Their product selection includes various gold, silver, platinum and palladium products. 

In the following Birch Gold Group review, you’ll learn about its fees, products, reviews, complaints and plenty of other aspects. This way, you’ll be able to determine if this company is worth your money or not: 

The Birch Gold Group Owner: 

If you’re wondering, “Who owns Birch Gold Group?” then you aren’t the only one. 

Surprisingly, BGG doesn’t share any information about its ownership or senior management. There is no such information available on their website. 

According to the “Who We Are” section of their website, the company has a dynamic team of former wealth managers, commodity brokers and financial brokers. That’s it. 

They don’t share any specific details about their leadership.

The only way I was able to find some information about the people behind this company was on LinkedIn and a few online blogs. 

On LinkedIn, I found a few people associated with this company including Karlo Vartan (CFO) and Andy Klein (Marketing Director).

According to the Birch Gold Group Glassdoor page, the company has 51-200 employees. Their profiles reveal that the company’s revenue is in millions. 

Maybe this is why BGG relies so heavily on celebrity endorsements. The company doesn’t have a “face” of its own to promote itself. 

How to Invest with Birch Gold Group: Step-by-Step Process

If you’re interested in starting a Birch Gold Group IRA, you can do so in just 4 steps. Here they are:

Step #1:

First, you would need to contact the company. You can submit the contact form present on their website and avail their running promotions as well. 

Once you have submitted the form, a Birch Gold Group representative will contact you within a few hours. 

They will help you begin the setup process.

Step #2:

The representative will help you fill out the necessary paperwork. If you have an existing IRA (traditional IRA, SEP IRA, Roth IRA, etc.) the representative will help you rollover the funds from it to your new precious metals IRA.

This will help you fund your Birch Gold Group IRA. During this step, you would need to choose your preferred IRA custodian as well. 

Step #3: 

Now, you would need to pick the suitable precious metals to add to your gold IRA. BGG says that it will provide you with a precious metals specialist who will help you with selecting the right precious metals. 

Birch Gold Group offers gold, silver, platinum and palladium products. You can choose depending on your personal requirements and goals. 

Step #4: 

Once you have selected what precious metals you want to add to your gold IRA, you would need to make the purchase. 

Then, the metals would go to your chosen precious metals storage. 

Birch Gold Group works with multiple storage providers so you can pick the one that’s most suited to your liking. 

And now you’re done. With just these 4 steps you would have a complete, fully-financed Birch Gold Group IRA account. 

Birch Gold Group Products: A Large and Varied Selection

Birch Gold Group is a leading precious metals dealer and its product selection reflects this fact. The company offers many IRA-eligible products to its customers including coins and bars. 

Moreover, they offer platinum and palladium products to their customers too, which lets you diversify your portfolio more. 

Here’s a bit more detailed overview of their product selection:

Gold Products

In terms of gold bullion products, you will find the following coins at Birch Gold Group:

  • Liberty Head Double Eagle ($20)
  • Gold Indian Head Eagle ($10)
  • American Gold Eagle 
  • Gold Twin Maples
  • Australian Gold Florin
  • American Buffalo
  • Valcambi CombiBars
  • American Gold Eagle (Proof)
  • South African Krugerrand
  • Canadian Gold Maple Leaf

And plenty more. 

Having popular IRA products like American Buffalo certainly helps make the selection more alluring. The first American coin of its kind, the Gold American Buffalo displays a Native American with the word “Liberty” engraved on the right side of the illustration. 

If you prefer larger investments, you can also buy gold bars and rounds at BGG. The company offers bars of various weights including 10g, 20g, 50g, 100g and 1kg. 

Similarly, gold rounds are coins that are not struck by any government mints but private mints instead. At BGG, you can find plenty of IRA-eligible gold rounds to add to your precious metals IRA. 

Keep in mind that the company offers both IRA-eligible and numismatic coins. For example, Gold Indian Head Eagle is not an IRA-eligible coin. Be sure to understand the difference between IRA-approved coins and non-IRA coins.

Silver Products

Birch Gold Group’s selection of silver products is just as impressive, if not more, as their selection of gold IRA products. Here, you will find plenty of popular silver bullion along with some rare finds:

  • Peace Silver Dollar
  • Silver Twin Maples
  • American Silver Eagle (bullion and proof)
  • Silver Gyrfalcon
  • Walking Liberty Half Dollar
  • Silver Rose Crown Guinea
  • Morgan Silver Dollar
  • Silver Australian Florin
  • Silver Polar Bear and Cub

And a few others. 

One of the most notable coins present in this selection is the Silver Twin Maples coin. This 2 oz coin is struck by the Royal Canadian Mint and features an illustration of two maple leaves on its reverse side.

Its obverse side shows Her Majesty Queen Elizabeth II. 

You can find silver bars and rounds in their product selection too. The available sizes of silver bars and rounds at BGG are 100 oz, 10 oz, 5 oz. 

Platinum Products:

The selection of platinum products is rather limited but that’s mostly because of the low production of platinum bullion as well. 

You can get the following platinum IRA products at Birch Gold: 

  • Australian Platinum Florin
  • American Platinum Eagle
  • Platinum bars and rounds

Here, the platinum bars and rounds are available in 5g, 1 oz and 10 oz sizes. 

I must add that they also have the proof version of American Platinum Eagle available in their product catalog. 

Palladium Product:

Birch Gold Group offers two palladium IRA products:

  • Canadian Palladium Maple Leaf
  • Palladium bars and rounds

The Canadian Palladium Maple Leaf is a relatively new coin, entering the industry in November 2005. It is struck by the Royal Canadian Mint and is among the ‘rare’ coins when it comes to precious metals IRAs.

What’s great about BGG’s product catalog is they allow investors to invest in palladium and platinum too. You don’t get this option with many notable gold IRA providers. 

However, I must add that there are no pricing details available on the website of Birch Gold Group. To learn about the prices of these bullion products, you would need to contact the company.

This is a drawback because it makes price comparison rather difficult. 

Birch Gold Group Fees:

The fee structure at Birch Gold Group is good. It aligns with the industry standard. 

At Birch Gold Group, the account set up fee is $50 while the wire transfer fee is $30. 

You would need to pay an annual fee of $100 for precious metals storage and a maintenance fee of $100. 

What’s peculiar is that the company mentions you might not have to pay fees relative to your investment size if you go with their preferred custodian. But they don’t mention which IRA custodian it is. 

The minimum investment requirement at Birch Gold Group is $10,000, which is quite high. It can cause many investors to reconsider because IRS rules prohibit investors who are under 50-years old from investing over $6,000 annually. 

However, the company offers a one-year fee waiver if your investment is more than $50,000.

Initial Setup Fee$50
Wire Transfer Fee$30
Annual Storage Fee$100 / variable (depends on custodian)
Annual Maintenance Fee$100 / variable (depends on custodian)
Minimum Investment$10,000

Additional Highlights of Birch Gold Group:

There are a few qualities which help Birch Gold Group stand out from the rest of the competition. Here is a quick overview of those qualities:

Exclusive Promotions and Offers:

One lucrative thing about investing with Birch Gold is the regular promotions it runs for new investors. 

At the time of writing this Birch Gold Group review, the company is running an exclusive offer where they offer up to $10,000 in precious metals for free on your purchase. 

Such promotions can help you get an extra boost in savings.

However, BGG updates its promotions regularly so you must act quickly if you find an offer that matches your interests.

To avail such offers, you would need to sign up for their free info kit, more on which below:

Free Info Kit:

Birch Gold Group offers a free info kit which they update every year. This is a 20-page kit which teaches you about how gold and silver help you hedge against inflation. 

The company states that there is no obligation to request this information. 

To get this free info kit, you only have to fill out the contact form and you’ll get the kit. 

It’s one of the many free resources BGG offers its clients. If you’re unaware of how precious metals help you save your wealth during harsh economic times, the kit might be helpful.

Celebrity Endorsements: 

Although this gold IRA firm has been in business since 2003, one of the reasons they shot up in popularity is the celebrity endorsements they have received over the years. 

For example, “Birch Gold Group Ben Shapiro” is now a popular search phrase on Google. You can understand just how many people google this firm’s name to confirm if it’s truly associated with the political commentator. 

However, Ben Shapiro isn’t the only celebrity who endorses this gold IRA provider. 

Other celebrities who endorse this company include Ron Paul, Stephen K Bannon, Jordan B Peterson, Dinesh D’Souza, Michael Savage and several others. 

Having such a large list of celebrities endorsing your product certainly helps you boost your credibility. Also, it has helped Birch Gold Group in reaching large sections of consumers it might not have been able to reach otherwise. 

Celebrity endorsements help IRA companies because they increase the brand’s credibility. For this 18-year old firm, this certainly holds true.

Free Resources and Blog:

On the website of Birch Gold Group, you’ll find plenty of guides and resources to help you get started in precious metals investments. 

Some of these guides are: 

  • How To Own Precious Metals
  • How to Buy Gold with a 401(k)
  • Why Precious Metals?
  • Tax Guide for Precious Metals IRAs

If you’re new to precious metals investing, these guides can be a great source of information. 

Also, they run an active blog where they post articles on latest events and their impact on your wealth. At the time of writing this Birch Gold Group review, some of the topics on their blog are: 

  • Why are Chinese Leaders Rushing to Buy Gold?
  • When the 60/40 Strategy Doesn’t Work, Do This

Their blog mostly covers topics about personal wealth, gold and global economics.

IRA Storage and Custodian:

With Birch Gold, you get to choose from multiple storage providers. These include Delaware Depository and Brink’s Global Services. 

Delaware Depository offers a class-3 secure vault to store your precious metals. Moreover, it is insured by Lloyd’s of London. They have one facility in Wilmington, Delaware and one in Seal Beach, California. 

On the other hand, Brink’ Global Services offers storage facilities in Los Angeles, New York City and Salt Lake City, Utah. 

Both of these storage facilities are highly secure and discreet. 

Birch Gold Group says that the company works with all major IRA custodians who have received A+ ratings on the Better Business Bureau. IRS rules state that in order to have a precious metals IRA, you must have a custodian for the account. 

The custodian ensures that you comply with all the necessary rules and regulators. 

BGG lets you choose from two reputed IRA custodians: STRATA Trust and Equity Trust Company. Both of them are highly experienced and trusted custodial services providers. 

However, how much annual fees you’ll pay will depend on the custodian and storage you choose. So, be sure to choose according to your financial preferences. 

Birch Gold Group Reviews 2022: What Do Their Customers Say?

Birch Gold Group has been in industry for nearly two decades. In this period, the company has been able to rack up plenty of positive reviews online. 

Furthermore, they have 5-star reviews across multiple third-party platforms. They have received positive ratings from several consumer platforms as well including BBB and BCA. 

Here is a more platform-specific breakdown of Birch Gold Group reviews: 

Birch Gold Group BBB:

The Birch Gold Group BBB page has an A+ rating and an average rating of 4.7 out of 5-stars, according to 67 customer reviews. 

They have closed 4 complaints within the last 12 months. 

Customer reviews on this page are mostly about how the company’s representatives are courteous and highly professional. 

For example, Steven S shares that he left another company to go with Birch Gold. In his experience, the difference was huge. He is thankful to be a client of this firm and says everyone here is knowledgeable, helpful and professional. 

Another reviewer is Paul, who heard of this firm through Ben Shapiro’s show. Paul says he called Birch Gold thinking he knew how he wanted to start an account but was surprised to learn about the various options that were available to him. 

Like other reviewers, Paul says that the advisors at BGG are extremely helpful and he would definitely return as a customer. 

Birch Gold Group Trustpilot:

On Trustpilot, there are 125 Birch Gold Group reviews. Based on these reviews, the company has a 4.9 out of 5-stars rating. 

95% of their reviews on Trustpilot give them a perfect 5/5 score while only 2% give them a 1-star rating. 

Here is one of the many reviews posted on this page: 

Doug says that he and his wife are extremely happy and satisfied with their precious metals purchase from Birch Gold. He says that they were new to the process and the representative helped them create the perfect blend of products that matched their unique requirements. 

Doug shares that BGG’s representative answered all of their questions and didn’t pressurize them to make any purchases. He recommends doing business with this firm. 

Additional Birch Gold Group Reviews:

Apart from BBB and Trustpilot, Birch Gold Group has received reviews and ratings on multiple other consumer platforms. 

However, on all of them, the company enjoys a near-perfect rating. 

For example, there are 7 Birch Gold Group reviews on Business Consumer Alliance. All of those reviews give the company 5/5 stars. There, the company has received the AAA rating, the highest possible on the platform. 

Similarly, Birch Gold has received 129 reviews on TrustLink and the company’s rating there is 5 out of 5-stars. 

The staggering number of BGG’s positive reviews further enhances the company’s image and makes them more trustworthy. 

Are There Any Birch Gold Group Complaints? Should You Be Worried About Them?

When I was looking into their reviews, I found a few Birch Gold Group complaints as well. The number of complaints against this IRA provider is minuscule and they were mostly concerned about the high markup price of their products. 

Nonetheless, I must add that the company responds quickly to any complaints it receives. They were successful in resolving almost all of the complaints, which is another good thing. 

Birch Gold’s customer support team is quite active and the company focuses on resolving issues efficiently. 

Is Birch Gold Group Legit? 

Yes, Birch Gold Group is a legitimate gold IRA provider. They have been in business for nearly two decades and have established themselves as one of the most trustworthy and reliable brands in the industry. 

The company has received endorsements from multiple celebrities including Ben Shapiro, Candace Owens and Ron Paul. 

On top of that, it has received many positive reviews across multiple consumer platforms. BGG states on its website that it believes in empowering its customers through knowledge and their large collection of free resources is proof of that. 

The company offers a free info kit as well as multiple guides on precious metals investing to prospective investors. 

Although the company has received a few complaints for its high markup, it has been quick in answering them. 

After going through their reviews and website, I can tell you for certain that Birch Gold Group is a legitimate firm. 

Should You Invest with Birch Gold Group

Birch Gold Group is an impressive firm. Their product catalog is full of variety as they offer both IRA and non-IRA investment options. Furthermore, the company has been able to get endorsements from many notable personalities. 

They are one of the few gold IRA providers who offer platinum and palladium products alongside the traditional gold and silver products. For many investors, their regular promotions might be enticing as they can help you boost your savings. 

Birch Gold Group can be a good IRA firm but their high markup and lack of transparency prevents them from being the best.

But the lack of transparency on their website is a big drawback. The company doesn’t share any pricing details about the numerous coins and bars available in their catalog. 

Also, they don’t share any information about who owns Birch Gold Group or the leadership team of the firm. 

These factors can deter some investors. The company has received a few complaints for its high pricing too, which is why it’s a little difficult for me to recommend them wholeheartedly. 

Summary

Birch Gold Group is an old, established firm. It has its pros and cons. While I don’t think they are the best gold IRA of 2022, they can certainly be one of the contenders for the spot. 

Before you invest with any gold IRA provider, you should consult with a retirement advisor. They will give you professional financial advice and help you get started easily. 

On the other hand, you should also check out other gold IRA reviews. Learning about other industry players will give you a better understanding of what precious metals have to offer. 

Experienced
Birch Gold Group Review - A Quick Overview
Established in 2003, Birch Gold Group is a gold IRA dealer based in Burbank, California. The company offers gold, silver, platinum and palladium bullion products to its customers and works with all notable custodians including Equity Trust and STRATA Trust. They have received an A+ rating on BBB and 100+ 5-star reviews across multiple platforms. However, the company doesn’t share any pricing details nor does it share any information about the team behind the firm.
Fees & Charges
Honesty & Transparency
Reputation
Customer Service
Product Selection
Reader Rating0 Votes
Pros
Competitive fees
One of the most experienced IRA firms
100+ positive reviews
Offer platinum and palladium products
Large gold and silver product selection
Cons
No pricing details available on the website
Received complaints for high markup on select coins
No information available on the management team
4
Expert Score
Free Info Kit
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This post first appeared on IRA Empire, please read the originial post: here

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Birch Gold Group – Everything You Need to Know (Expert Review 2022)

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