Goldco Review
Overview
Goldco is one of the most recognized names in the precious metals IRA industry, with a strong track record of helping investors roll over retirement accounts into gold and silver. Known for excellent customer service and high ratings from the BBB and Trustpilot, Goldco emphasizes education and personalized support throughout the process. The company offers a wide selection of coins and IRA-eligible products, along with promotions such as silver bonuses for qualifying accounts. While their services are well-regarded, the $25,000 minimum investment and the fact that all transactions go through a representative may not suit smaller or highly independent investors.
Why We Like
- Reputation & Trust: Goldco has earned top ratings from the BBB, Trustpilot, and other consumer review sites, with a strong track record in the precious metals IRA industry.
- Customer Service: Investors frequently highlight Goldco’s knowledgeable representatives and hands-on support throughout the IRA rollover process.
- Wide Product Selection: Goldco offers a broad range of IRA-approved gold and silver coins and bars, along with collectible options.
- Buyback Program: The company provides a guaranteed buyback option, offering liquidity and peace of mind for investors who may want to sell their metals later.
- Promotions: Goldco often runs promotions such as silver bonuses for qualifying IRA accounts, adding extra value for new clients.
Pros and Cons
Pros
- Strong Reputation – Highly rated by the BBB, Trustpilot, and other consumer watchdogs.
- Customer Service – Consistently praised for responsive and knowledgeable representatives.
- Secure Storage Options – Works with reputable custodians and IRS-approved depositories.
Cons
- High Minimum Investment – Requires at least $25,000 to open a gold or silver IRA, which may be too high for some.
- Fees Not Listed Online – Custodian and storage fees aren’t transparent until you speak with a representative.
- Limited Metals – Focuses on gold and silver only; no platinum or palladium options.
Terms and Fees
Goldco requires a $25,000 minimum investment to open a gold or silver IRA. The company partners with preferred custodians and IRS-approved depositories for account administration and storage. Typical fees include a $50 one-time IRA setup fee, a $30 wire fee, and an $80 annual maintenance fee. Storage costs generally run around $100 for non-segregated or $150 for segregated storage per year. While Goldco’s fee structure is comparable to other major providers, many new clients may qualify for promotions, such as free silver or waived first-year fees, which help offset upfront costs.
Setup, annual, and depository fees depend on the custodian and the company where the metals are stored. Costs are subject to change and are an estimate. Always check with the company for current fees.
Minimum IRA Investment: | $25,000 |
|---|---|
Metals Available: | gold, silver |
Custodian Setup Fees: | $50 |
Wire Fees: | $30 |
Maintenance Fees: | $80 |
Depository Storage Fee: | $100-$150/year |
Alternatives
Gold IRA Companies | |  | |
|---|---|---|---|
Minimum Deposit | $25,000 | $10,000 | $25,000 |
Metals Available | gold, silver | gold, silver, platinum, palladium | gold, silver |
Final Verdict
Goldco is a strong choice for investors seeking a reliable partner to roll over retirement savings into gold and silver IRAs. With high ratings, excellent customer service, and a guaranteed buyback program, the company provides peace of mind and support throughout the investment process. Their wide product selection and frequent promotional offers, such as silver bonuses, add further appeal. However, the $25,000 minimum investment and limited transparency on fees until speaking with a representative may deter smaller or more independent investors. Overall, Goldco is best suited for retirement savers who want hands-on guidance, strong service, and established credibility in the precious metals IRA space.
Facts & Figures
- Legal Name: Goldco Direct, LLC.
- Year Founded: 2011
- Headquarters: 24025 Park Sorrento, Suite 210, Calabasas, CA 91302
- CEO: Trevor Gerszt
- Stock Ticker: N/A (private company)
- Trustpilot Rating: 4.8
- BBB Rating: A+
