Birch Gold Group Review: Ultimate Review for 2023
Birch Gold Group is an easy company to recommend to anyone wanting to open a precious metals IRA. That’s not just because of their exceedingly high number of celebrity endorsers, though it certainly helps.
The more we get into this company, the more we understand why they continue to be one of the top companies in a competitive sector. One might not feel off if we were to name them the best, though there’s always going to be some contention when it comes to the number one spot.
This Birch Gold Group review will go over all the ins and outs of what looks to be the oldest and most experienced company in the Gold IRAs sector, and definitely one of the more reputable ones.
In the meantime, why not take advantage of Birch Gold Groups Free, no commitment educational material.
About Birch Gold Group
As mentioned, Birch Gold Group is the oldest precious metals IRA company we’ve come across, having opened up shop in 2003. This gives them two decades in the business, which is more than double that of most other top companies. Think about that for a moment.
Having this sort of tenure comes with its benefits, but also its potential drawbacks. If you’ve heard of gold IRAs, chances are it happened through a Birch Gold Group advertisement or sponsorship of some kind. Or you might have just heard about them. So on one hand, being in business this long gives you the kind of name value that’s very much important when looking to form long-term trusting partnerships with customers.
On the other, the longer you’re in the game, the more you risk your reputation taking hits. That’s just the way it is. More customers, especially over a longer timespan, means that some will undoubtedly take issue with how you’re doing things. This would normally be the case, percentages and odds and all that. However, Birch Gold Group has done a pretty remarkable job of avoiding the pitfalls of accruing too much negative rep. While we’ll cover the little bad feedback that we found in order to assess them neutrally, we already have to notice it’s comparable to much younger precious metals companies, which is credit to Birch Gold Group in itself.
Who endorses Birch Gold Group?
One other way Birch Gold Group stands out from its competitors are its celebrity endorsers. If you’re familiar with Gold IRA companies, you probably know that they have one or two big-name celebrity endorsers that are featured on the front page and so on.
Not the case here with Birch Gold Group. Actually, the more we look into the company, the more endorsers we find. They’re indeed too numerous to individually list considering how many other things we’ll have to cover, so we’ll mention some that you’ve almost certainly heard of:
The recent partnership between Birch Gold Group and Steve Bannon, a prominent figure in American politics, is an intriguing development for investors currently getting a lot of interest.
This collaboration offers valuable insights into the precious metals industry and provides strategies to diversify your portfolio effectively.
We look more closely at the particulars of the Birch Gold Group-Steve Bannon alliance. We explore Philip Patrick’s role in educating listeners about gold’s importance in portfolio diversification and how you can request a free info kit from Birch Gold Group.
We also shed light on Steve Bannon’s diverse career path and his influential “Bannon’s War Room” podcast. Furthermore, we discuss other notable figures endorsing Birch Gold Group such as Ben Shapiro, Ron Paul, Candace Owens, Ben Carson, and Hugh Hewitt to name a few.
Steve Bannon and Birch Gold Group Partnership
In 2023, former White House political strategist Steve Bannon teamed up with the Birch Gold Group (BGG). This collaboration goes beyond ads on Bannon’s podcast, War Room. They also have engaging discussions about economic issues under the Biden administration.
Philip Patrick: Educating Listeners about Gold’s Role in Diversification
BGG’s precious metals specialist, Philip Patrick, regularly appears on War Room. He enlightens listeners about how investing in gold can diversify their portfolios in uncertain times. Gold has historically held value during financial downturns, making it a smart alternative investment.
Request a Free Info Kit from Birch Gold Group
BGG offers free information kits to educate potential investors. These resources cover the benefits, risks, and steps to start your own precious metals investment journey. You can request the kit on their official website or by calling their toll-free number.
Who is Steve Bannon?
Steve Bannon, an accomplished individual in the US political and media spheres, has experienced a multifaceted career trajectory. He went from Wall Street to Hollywood, and eventually became a key player in the Trump administration.
Overview of Steve Bannon’s career path
Bannon started in investment banking, but then decided to try his hand at making movies. After that, he founded the right-wing news outlet Breitbart News. Bannon also had a stint as the Chief Strategist for President Trump.
Influence of “Bannon’s War Room” podcast
Nowadays, Bannon hosts a popular podcast called “Bannon’s War Room”. He talks about all sorts of political and economic issues, and even promotes businesses like Birch Gold Group (BGG). They’re all about helping people protect their wealth with gold IRAs and other strategies.
So, whether you’re interested in politics or just want some financial advice, Bannon’s got you covered.
Learning More About Precious Metals Investment Through Birch Gold and Steve Bannon
In their commitment to educate potential investors, both Birch Gold Group (BGG) and Steve Bannon provide a plethora of resources. These include free info kits, online content, and streamlined processes that make investing in precious metals straightforward.
Easy Steps to Roll Over Funds from Your Existing Account into a New Precious Metal IRA
The process of funding a new precious metals Individual Retirement Account (IRA) or making cash purchases is made easy by BGG. They’ve simplified it into three steps:
- Educate Yourself: Get all the necessary info about gold IRAs through their free comprehensive educational materials.
- Contact BGG: Reach out to their professional team for personalized assistance based on your needs.
- Fund Your IRA: Roll over funds from your existing retirement account into a new precious metal IRA within a week.
This approach ensures even novice investors feel confident when diversifying their portfolio with gold or other precious metals. Plus, compliance officers are there to address any concerns along the way.
Besides BGG’s resources, Steve Bannon invites financial experts onto his podcast “Bannon’s War Room” to discuss economic issues, providing additional insights into the benefits of investing in gold.
Whether you’re a newbie investor or want to protect your wealth, learning about precious metals investment through Birch Gold Group and Steve Bannon is invaluable.
Prominent Figures Endorsing Birch Gold Group
Endorsements may demonstrate a firm’s reliability and dependability. Birch Gold Group (BGG) has garnered support from leading conservative figures, solidifying its position as one of America’s top gold IRA companies.
Ben Shapiro Show’s Longstanding Relationship with BGG
Ben Shapiro, a political commentator and Daily Wire host that endorses Birch Gold Group fairly frequently. Ben Shapiro continues to endorse BGG for their commitment to educating investors about sound money principles and precious metals investment.
Ron Paul’s Exclusive Endorsement
Ron Paul, former U.S Congressman and Presidential candidate, isn’t reluctant to go into why the economy is under the weather and exclusively recommends BGG, highlighting their reliability and integrity.
When Ron was asked why the average American should invest in Gold today, he responded:
Candace Owens’ Advocacy for Economic Independence
Candace Owens, known for advocating economic independence, endorses Birch Gold Group, promoting financial literacy through investments in gold IRAs.
Ben Carson’s Contributions to Freedom Fighting
Dr. Ben Carson, former Secretary at the Department of Housing and Urban Development, champions freedom fighting through his endorsement for Birch Gold Group.
Hugh Hewitt’s Consistent Support
Hugh Hewitt, radio talk-show host, has consistently supported Birch Gold since 2023, adding trustworthiness to the brand within the investor community.
Larry Elder
Talk show host and owner of the “Lary Elder Show” is an attorney and 20 year radio host whos voice is heard in over 50 states.
Jordan Peterson
Canadian phycologist, author and speaker whos straight talking has gained a lot of attention in the media of late.
And many, many more..
You can check the company’s page to see who else endorses them. It’s a pretty diverse list, and you can probably find someone who agrees with you on it. If you can do that, you’ll have an easier time trusting the company with your money. We feel we should praise them for obtaining this many endorsements when what seem to be shoulder-to-shoulder companies often only have a single ambassador, two at best.
Birch Gold Groups cryptocurrency division: BitIRA
An easy facet to miss about this company is that they have a sister company that essentially does the same thing, but with cryptocurrencies. Since this isn’t really that important to precious metals investment, we’ll only briefly mention it along with the why.
However you can check out our full BitIRA review for a deep dive and all the information you need if wanting to diversify further.
BitIRA got into cryptocurrencies in early 2018, when the market experienced its worst stretch by some margin. Since then, they’ve grown to what is probably the largest company of that kind and amassed plenty of accolades.
This speaks plenty about the company’s brass, and not just because they had the sense to understand that crypto isn’t crashing to zero after the 2017 high. Being able to manage two different top tier companies in reasonably different and difficult sectors is definitely a feat and, in a way that can’t be denied, bolsters their appeal even to precious metals investors.
Check out our BitIRA review for further information or review their free non commitment educational material to know more.
Birch Gold Group products
Of course, inventory is what we want to hear about when talking about gold IRA companies. The rest can wait. It’s accurate to say that precious metals IRAs are Birch Gold Groups primary product: they’re a gold IRA company that aims to mediate the opening of a retirement account and sell the bullion to be placed in it.
We’ll go over the intricacies of the account soon. For now, we’ll focus on the products you can find in their inventory. While Birch Gold Group offers bullion outside of an IRA, one does get the feeling they prefer to broker for retirement precious metals investing. To reinforce this point, as with any gold IRA company you’re likely to come across, there’s a “Call for pricing” instead of the price tag on every product.
Physical gold and other precious metals are available to varying degrees, with both common and less-than-common additions. The latter usually can’t make it into a gold IRA, which tells us that they do a fair bit of business outside of their retirement accounts. All of the products have their individual pages with a fairly detailed description, which is a big plus for those who don’t want to scour the web to get an initial idea of what’s what when it comes to precious metals investments.
Gold
· American Gold Eagle, bullion and proof
· Canadian Gold Maple Leaf
· Canadian wildlife-themed coins
· Canadian Gold Twin Maples
· South African Krugerrands
· Though the company sells both gold bars and rounds, neither weights nor company brands are mentioned: it might be a case of “your choice” of bar size and “their choice” of bar manufacturer
· Goldbacks, a kind of privately-issued currency that holds real gold dust
Silver
· American Silver Eagle, bullion and proof
· Canadian Silver Maple Leaf
· America the Beautiful
· Canadian Silver Twin Maple
· Canadian wildlife-themed silver coins
· Lots of “junk silver” to choose from
· Silver bars and rounds that are again absent of weight or brand
Platinum
· American Platinum Eagle
· Platinum rounds: rare to see in general, nevermind the inventory of a precious metals dealer specializing in IRAs
· Platinum bars
Palladium
· Canadian Palladium Maple Leaf
· Palladium rounds: just as rare to see as the platinum variety
· Palladium bars
Featured IRA Coins
Birch Gold Group fees
Although the markup isn’t specified, which seems to have caused some dissatisfaction for a few customers, the fee structure is overall very satisfactory. This is what you can expect in terms of general fees and investment minimums when doing business with Birch Gold Group:
· $10,000 minimum investment to open a precious metals IRA investment portfolio (both IRA and cash purchases), which is pretty low for a company of this size. Augusta Precious metals IRA account is a minimum $50,000 investment for example.
· $50 account setup fee
· $80 annual custodial fee, though this can of course vary based on both the custodian you’ve chosen and the type of your account
· Varying storage fee depending on the storage facility you’ve chosen to go with, of which Birch Gold Group works with and they offer multiple: in general, you can expect something in the range of $100 annually
· $30 fee when making a wire transfer to buy precious metals from them
One of Birch Gold Group main promotions appears to be the waiving of all of these fees for accounts with a minimum investment of $50,000, though “only” for the first year when making a precious metals purchase. Since some competitors offer to waive fees for longer stretches, it isn’t clear if Birch Gold Group does as well for accounts that considerably exceed a $50,000 minimum investment, I am sure this will be negotiable. Either way, this doesn’t appear to be a huge deal and their gold IRA structure does appear to have been made in a manner that makes the account accessible to a wide range of investors.
Custody
Equity Trust Company and STRATA Trust Company are the two preferred custodians that Birch Gold Group uses to open accounts, facilitate rollovers and manage paperwork on an annual basis.
These custodians are the true managers of your SDIRA, so to speak, with precious metals brokers acting more like an intermediary or bullion and precious metals dealer if you wish. Like most reputable gold IRA companies, Birch Gold Group lets customers choose an alternative besides the two listed. However, different companies might make it harder for you to calculate what you might expect in terms of annual maintenance costs.
Storage
If there is a depository that is a major name for storing bullion held in an IRA that isn’t on Birch Gold Groups list, I’ve yet to hear of it. Brink’s, the Delaware Depository, IDS and even the lesser-known Texas Depository are all mentioned as possible options. And it’s also noted that you can try and find another facility that isn’t on this list if it suits you better, so long as it complies with regulations which Birch Gold Group requires.
Plenty of gold investors like to keep their bullion as close to home as possible, as these regulations mostly disallow for the home storage of IRA bullion. So, keeping it in a facility that isn’t too far away is the second best thing. Between these four facilities, you’ll find plenty of states to choose from. Each facility is state-of-the-art and comes with an inclusive insurance policy that’s part of the storage fees. In other words, the safety of your bullion isn’t likely to be placed into question.
If you’d like to know more about what your bullion looks like, you can opt to have Birch Gold Group arrange a visit. There is a section on the website specifically for this, where customers are quite content with the tour of their bullion. Spoilers: everything was in place. Brink’s is the only facility that doesn’t appear to offer this due to security reasons.
Buybacks
While these companies can’t really offer guarantees of buybacks, most good ones will let you know that buybacks will probably be an option, and Birch Gold Group is no different. This can come in handy if you’d like to liquidate your IRA whenever, among other things.
How to open a gold IRA with Birch Gold Group
The process of opening a Birch Gold Group IRA is mostly uniform with companies of this kind. Birch Gold Group specializes in, among other things, offering a quick and seamless process to their customers Still, they list the process as a 5-step affair as opposed to the 3-step one you might have encountered with other companies:
1. Choosing to open an account, having a precious metals specialist assigned to you and getting your funding sources in order
2. Selecting the precious metals you’d like to store in your IRA from the company inventory, whether entirely on your own or with the representative’s consultation
3. Confirming the order through a phone call
4. Getting the metals shipped to the facility of your choosing
5. Continuing to monitor the performance of the precious metals IRA with the help of a representative and other applicable personnel
Unlike some companies, Birch Gold Group does things right by revealing that gathering the paperwork and sorting things out with the custodian can take as long as a month. This kind of up-frontness can help avoid disappointment over expectations that you’re guaranteed to have your IRA opened instantly. They do mention, however, that some customers qualify for a quicker process that can be done in as little as a day.
There isn’t a whole else to know about opening Birch Gold Group precious metals IRAs so long as you understand the custodian’s role, the depository’s role and how they’re meant to be funded. Besides these points, things mostly boil down to choosing the right precious metals and making sure you confirm what the premium is on the bullion you are purchasing before confirming your order.
Birch Gold Group reviews
Two decades of reviews briefly summarized? Let’s go ahead and try. The Better Business Bureau (BBB) gives them a 4.58 out of 5 stars based on 102 Birch Gold Group review, along with an A+ accreditation.
On the Business Consumer Alliance, they have a 5 out of 5 star rating with a curiously low number of only 8 Birch Gold Group review, along with the highest grade of AAA. They have an overwhelmingly positive review profile on Trustpilot, with a 4.2 rating based on 129 reviews, 93% of them 5-star ones.
On Consumer Affairs, it’s more of the same with a 4.8 out of 5 star rating based on 114 reviews for Birch Gold Group review. What do the reviewers like? Knowledgeable and easy to talk to staff even if you’re a complete newcomer to the precious metals market, good selection of metals, easy IRA opening process and a willingness to facilitate a hands-off approach.
What we like is that Birch Gold Group replies to a very high number of reviews, clearly going out of their way to show attentiveness and dedication to customer care. These kinds of replies are great, as they give you a feeling of who you’ll be dealing with over what is likely a long-term business partnership.
Birch Gold Group complaints
There’s not a whole lot in the way of complaints for Birch Gold Group. 9 closed in the last 3 years on the BBB page, and 1 on the Business Consumer Alliance page with a 100% customer satisfaction rating. There’s quite a bit to gather from the overall complaints profile on the BBB page, with 3 of the 9 being very recently and still awaiting a response.
Birch Gold Group generally replies to all of the complaints in an accommodative manner, just outstanding the most recent 3. If the angry customer persists, it’s sort of difficult to figure out who to believe. In general, the complaints are mostly about high premiums, though not absurdly so. It’s true that gold IRA brokers often sell their metals for a higher premium than a standard bullion dealer might. But based on the amount of satisfied customers, whatever Birch Gold Groups markup is, it can’t be that high. Always do your checks and confirm with Birch Gold Group prior to committing.
Something about delays and robocalls is mentioned, both instances also replied quickly and appropriately to by Birch Gold Group. Overall, a small number of complaints relative to the positive feedback, and hardly something that most will find a dealbreaker, but something to be aware of.
Birch Gold Group pros and cons
Investing in gold can protect against inflation and economic downturns. It’s a ‘safe haven’ asset that tends to hold its value when other investments falter. However, there are downsides to consider, like price volatility and storage issues. So, think twice before diving into this shiny investment.
When it comes to your retirement savings, seek advice from financial experts who specialize in Gold IRAs. The pros at Birch Gold Group offer educational materials and personalized guidance tailored to your needs. They’ll help you build wealth using sound money principles.
Pros – Key attributes that make BGG shine among U.S. gold IRA companies
- Proof of concept: Birch Gold Group is possibly the oldest company in the precious metals industry that is an IRA specialist, giving the company a wealth of experience in the filed and more “skin in the game”.
- Educational Focus: BGG aims to school investors on the pros and cons of investing retirement savings in gold.
- Diverse Portfolio: They offer precious metals IRAs and also facilitate cash purchases of silver and platinum.
- A+ BBB Rating: Their commitment to customer satisfaction is reflected in their high rating on the Better Business Bureau.
- Prominent Endorsements: They’ve been endorsed by leading conservative figures, including Steve Bannon on his War Room podcast.
- Good selection of all precious metals: Including rarely seen IRA-eligible bullion and various collectibles
Cons
Not as many cons found during our research and review, which is always a good thing. A couple of things to consider:
- No clear markup: which some complaints indicate could be high in certain cases. Always check before committing.
- No overtly stated brands: on any of their bullion bars
- Not a fan of Celebrities?: If you don’t like celebrities, the number of endorsements they have might be off-putting?
Birch Gold Group review – Verdict
Something that our review hasn’t mentioned yet, but that you want your precious metals IRA company to have in spades is integrity. According to quite a few satisfied reviewers, Birch Gold Group approaches their business dealings with plenty of it, and their replies to both good and bad feedback corroborate this.
You’d expect a company that’s been in business for two decades and maintained a good reputation throughout to be an easy recommendation, but we all like that extra reassurance. I certainly have no issue giving it, as I’d recommend Birch Gold Group to bullion investors regardless of how familiar they are with precious metals and whether they want to open an IRA or simply purchase physical precious metals as part of a good deal.
Request a free info kit from Birch Gold Group to understand why they’re a leader among U.S. gold IRA companies and weigh the pros and cons of investing retirement savings in gold.
With endorsements from Steve Bannon, Ben Shapiro, Ron Paul, Candace Owens, Ben Carson, and Hugh Hewitt to name a few. Birch Gold Group has gained support for promoting economic independence.
To See how Birch Gold Group compares with the other top tier Gold IRA companies, see our “Best Gold IRA company review” to see who currently holds our crown as the best company. We always recommend making contact with at least 2-3 companies, obtain there free non-commitment material (easy downloads) and then talk with their Gold specialists.
Everyone’s wants and needs are different, and this alone will determine which company is your best fit.
