Goldco is an acclaimed financial services company. It provides secure, safe and reliable gold IRA retirement planning services. Over two decades, Goldco has been a frontrunner in the gold IRA sector. It serves hundreds of clients, helping them to diversify their portfolio with gold, silver, and other precious metals.
In this review, we'll look into Goldco's services, fees, customer service, and more, to assist you in making an enlightened decision about investing in a gold IRA with Goldco.
Overview of Goldco
Goldco was founded in 2006 to help individuals and companies protect their retirement savings by investing in tangible assets. They offer a wide selection of gold and silver products, exchanges, and other investments. Goldco is registered with the SEC and regulated by FINRA. They provide trained professionals on staff for seamless transactions and customer support.
Goldco puts its customers first when it comes to security, quality, and trust.
Types of precious metals and services offered
Goldco is a precious metal retirement company from 2006. They offer physical and digital gold, silver and other metals. Invest in bullion bars and coins or Exchange-Traded Funds (ETFs).
Retirement planning services like IRA accounts and 401(k) plans. Different types of precious metals like gold, silver, palladium and platinum. Bullion is bulk metal stored. Collectible coins are minted with special features. Exchange-Traded Funds (ETFs) are like stocks. Plus, portfolio management, account consolidation and education. Secure shipping options. Orders insured during shipment.
Goal: gain maximum return with least risk – wealth security now and later.
Goldco is an independent custodian for IRAs in precious metals. They specialize in aiding individuals who invest in gold, silver, and other metals. We'll look at their cost structure here. Their pricing, storage fees, and other related costs to consider. All must be known before investments are made.
We'll look at:
- Storage fees
- Other related costs
Goldco's pricing structure
Goldco offers 3 simple and transparent flat rate plans. Each plan has a minimum purchase of 0.1 troy ounces of gold.
- Starter Plan: annual fee of 0.18% for purchases up to 1 ounce & 0.175% for purchases above 1 ounce.
- Safe Retirement Plan: initial setup fee & annual fee starting at 0.2% for purchases up to 4 ounces.
- Wealth Builder Plan: lower fees than Safe Retirement Plan with a minimum annual purchase required to qualify for lowest level fees.
Plus, Goldco provides portfolio analysis to help clients find best expenditure for their unique needs & objectives when investing in gold products.
Goldco's fees and commissions
Goldco charges fees and commissions on transactions. Transaction fees range from $4.95 to $9.95 per trade. In-kind transfers, IRA conversions, Roth IRA conversions, account setups, and partial withdrawals may also have fees or commissions, depending on the account type.
The commission rate structure depends on the amount of trades made in a year. IRAs usually have higher commission rates than non retirement accounts. As dollar value traded increases, commission rate decreases, with no minimum commission amount being charged:
- Without Preferred® status: $6.95 per trade
- Partner Preferred® status: $5.95 per trade
- Premier Preferred® status: Between $3.50 – 4.75 per trade
Goldco also charges an annual fee, based on the total value of assets held in IRA accounts. This fee is called the Program Fee. It ranges from 0 – 1% of the total account value:
- $0-$25,000 = 0%
- $25K+ to <$100K = .50%
- $100K+ = 1%
Investing with Goldco? Customers want the best! Let's review their customer service. From professionalism to responsiveness – we've got it all covered. Any customer complaints? We'll address those too. Plus, we'll review the customer service process and policies. There you have it – Goldco's customer service, all wrapped up!
Goldco's customer service hours
Goldco offers top-notch customer service every day. Our reps are available Mon-Fri, 9am-6pm EST; Saturday 10am-6pm EST; and Sunday 11am-5pm EST. We're here to answer your questions, process orders and address any issues. If you experience a problem outside of our operating hours, leave us a message and we'll address it when customer service resumes.
Email, phone and mail – customer service is our number one priority! We look forward to helping you out!
Goldco's customer service policies
At Goldco, customer service and satisfaction is our top priority! Our team works hard to deliver the best service. We have policies in place to ensure the best service for customers.
These policies include giving helpful advice and responding to questions promptly. We also strive to treat our customers fairly and avoid any conflict of interest.
We invest in training and certifying our financial advisors to guarantee a high level of professional accountability. They must complete extra training on laws related to investments and the use of public records. This helps them understand their clients' needs better, providing sound advice that suits their goals. Finally, all communication between advisors and customers is transparent, keeping everyone informed about their options when it comes to making investments.
Goldco's customer service ratings
Goldco ensures excellent customer service. Their goal is to provide the best help and support, no matter how small or large the issue. Goldco's customer service ratings are always top-level, making them stand out from other companies.
- 24/7 customer support is available for both online and office accounts.
- Professional advisors help with questions about investments and products.
- The website is easy-to-navigate, with step-by-step tutorials and troubleshooting guides.
Goldco's commitment to quality customer service sets them apart from other gold companies. They build strong relationships with their clients and understand customer needs. Goldco customizes solutions for optimal outcomes and true value-added service. Results are seen in account statements at the end of each quarter!
Evaluating the security of an online broker like Goldco is key. Goldco offers top-notch security features to protect your money and info. These include state-of-the-art encryption and firewalls. Plus, Goldco has partner companies to verify security measures.
To make sure your assets are safe, let's take a closer look at Goldco's security measures.
Goldco's storage locations
Goldco offers secure, segregated storage solutions at over 40 premier vaults globally. Locations are chosen based on sound government regulations, rules, jurisdiction stability and security protocols that surpass industry standards. Clients can select a storage solution based on their desired location and preference. Vauls offer 24-hour security and are insured by reputable insurers in compliance with global gold standards.
Goldco has many major cities covered, from Dubai to London, Singapore to Tokyo, Vancouver to Zurich. Offshore safekeeping solutions are available for those seeking a higher level of security and privacy. Goldco is partnered with the Swiss Bank Group Perseus Trust Company for both segregated and non-segregated accounts.
Premier vault locations include:
- Brinks Deposit facility in London
- Malca Amit vault in Hong Kong
- Perth Mint
- Rhenus Freight Logistics in Frankfurt
- Cookson Precious Metals in the United Kingdom
- G4S Dubai International Financial Center Vault
- and many more.
Goldco ensures precious metals are handled with care each step of the way, resulting in peace of mind.
Goldco's security measures
Goldco is dedicated to safety. They are regulated by the SEC and a member of FINRA and NFA. To protect customers, they've put in place many layers of security protocols and encryption measures. Their data centers are ISO 27001 certified and comply with privacy laws like GDPR and CCPA.
Goldco also has redundancies to keep customer accounts accessible no matter what. They use SSL to encrypt traffic between their application servers and customers. They also offer two-factor authentication, which requires two sets of credentials for accessing an account.
Pros and Cons
Goldco – a gold and silver IRA company – offers precious metal investments and retirement options. Established in 2006, they have a good track record.
Let's explore the pros and cons of Goldco! We'll check their fees, customer service, product selection, and more. That way, you can decide if this is the ideal firm for you.
Pros of investing with Goldco
Goldco offers many perks to those who invest with them. Here are some of them:
- Customizable Options: You can choose physical gold, exchange-traded funds, or even private investments.
- Secure Storage: Your investments are safe and backed by a reliable storage solution. Goldco also provides various delivery methods.
- Expert Staff: They have experience in the industry and can help you maximize returns.
- Competitive Prices: Goldco provides the best prices in the nation on coins, bullion, bars, and other numismatic products.
- Secure Shipping: All shipments come fully insured with tracking information, giving you peace of mind.
Cons of investing with Goldco
Investing with Goldco has benefits, but there are also some potential downsides to consider. The main one is the cost – Goldco charges a fee based on the portfolio and financial situation. Additionally, physical gold usually requires storage, which can lead to extra costs and security risks.
Goldco doesn't offer access to stocks, bonds, mutual funds, or other asset classes outside of precious metals. This limits diversification options compared to full-service brokerages.
Also, due to internal operations, transfers may take time. Plus, insurance quotes need to be obtained before orders are confirmed, adding time and costs.
Goldco is an established provider of Precious Metals IRAs. They offer a great selection of metals, competitive prices, and reasonable fees. Their customer service is top-notch, with free 45-minute consultations and helpful staff. Plus, their online dashboard is easy to use and track investments.
Overall, Goldco offers an impressive IRA program. If you wish to begin gold investing or add precious metal purchases to your existing IRA portfolio, Goldco is a great choice.
Frequently Asked Questions
1. What is Goldco?
Goldco is a company that specializes in helping individuals invest in precious metals, such as gold and silver, as a way to protect their assets against economic uncertainty.
2. Is Goldco a reputable company?
Yes, Goldco has been in business for over a decade and has an A+ rating with the Better Business Bureau. The company has also received numerous positive reviews from satisfied customers.
3. What types of precious metals does Goldco offer?
Goldco offers a variety of precious metals for investment, including gold, silver, platinum, and palladium.
4. How does Goldco help individuals invest in precious metals?
Goldco offers a range of investment options, including self-directed IRAs (Individual Retirement Accounts) and direct purchases of precious metals. The company also provides expert guidance and educational resources to help individuals make informed investment decisions.
5. Are there any risks associated with investing in precious metals?
As with any investment, there are risks associated with investing in precious metals. However, many people see precious metals as a way to hedge against inflation and economic volatility. Goldco can provide guidance on how to minimize these risks and maximize investment returns.
6. How can I get started with Goldco?
To get started with Goldco, simply contact the company for a free consultation. A Goldco representative will be happy to answer any questions you may have and provide guidance on the best investment options for your needs and goals.
“name”: “What is Goldco?”,
“text”: “Goldco is a company that specializes in helping individuals invest in precious metals, such as gold and silver, as a way to protect their assets against economic uncertainty.”
“name”: “Is Goldco a reputable company?”,
“text”: “Yes, Goldco has been in business for over a decade and has an A+ rating with the Better Business Bureau. The company has also received numerous positive reviews from satisfied customers.”
“name”: “What types of precious metals does Goldco offer?”,
“text”: “Goldco offers a variety of precious metals for investment, including gold, silver, platinum, and palladium.”
“name”: “How does Goldco help individuals invest in precious metals?”,
“text”: “Goldco offers a range of investment options, including self-directed IRAs (Individual Retirement Accounts) and direct purchases of precious metals. The company also provides expert guidance and educational resources to help individuals make informed investment decisions.”
“name”: “Are there any risks associated with investing in precious metals?”,
“text”: “As with any investment, there are risks associated with investing in precious metals. However, many people see precious metals as a way to hedge against inflation and economic volatility. Goldco can provide guidance on how to minimize these risks and maximize investment returns.”
“name”: “How can I get started with Goldco?”,
“text”: “To get started with Goldco, simply contact the company for a free consultation. A Goldco representative will be happy to answer any questions you may have and provide guidance on the best investment options for your needs and goals.”