- A rating with BBB
- Faith-driven company
- Great customer service
- Donates to charities
- Newer company
- No online purchases
My Genesis Gold Group review lists the investment options and account setup process for this young yet highly-rated gold IRA company.
You can invest in physical precious metals with retirement and non-retirement with hands-on help, starting with a phone consultation.
Genesis Gold Group Review: My Verdict
I’ve given them a rating of 9.1 out of 10.
Criteria | Rating (out of 10) |
---|---|
Product & Service Offerings | 9 |
Fees & Minimums | 7 |
Guarantees | 9 |
Customer Experience | 9.5 |
Storage & Security | 9 |
Account Setup & Maintenance | 9.5 |
Reputation & Reviews | 9 |
Overall Rating | 9.1 |
In this review of Genesis Gold Group, I’ve followed CEP’s detailed criteria for evaluating the precious metals IRA company.
About Genesis Gold Group
Genesis Gold Group was founded in 2022 to help individuals invest in gold and silver with a faith-based approach.
The company’s mission is to offer ethical, values-driven support for people who want to protect their retirement savings.
You can open a self-directed IRA or a regular (non-retirement) account to buy precious metals. The company’s CEO, Jonathan Rose, brings over 20 years of experience in banking and commodities.
He’s joined by co-founders Jacob Diaz and Bradley Garrett, who are both seasoned investors in precious metals.
From The CEO
Genesis Gold Group has 50+ years of Gold IRA industry expertise rooted in faith and Christian values. We are A-rated with the Better Business Bureau.
Built on trust and integrity, we offer no-penalty retirement fund transfers and honor your faith and financial goals.
Genesis Gold Group also gives back. They support charities, missions, and youth groups, and they even let you suggest a cause you care about.
Customers praise the company for its friendly, knowledgeable team and wide range of investment options.
Genesis Gold Group is accredited by the Better Business Bureau with an A rating and is known for honest, low-pressure service—without flashy offers or hidden markups.
One thing to note: You’ll need to call a representative to get details about minimum investments and IRA account fees, as that information isn’t listed online.
The company has also been endorsed by well-known names like MyPillow’s Mike Lindell, actor Dean Cain, and podcaster Joe Oltmann.
These endorsements may reflect shared values, but it’s still wise to focus on the company’s services and reputation when making your decision.
Product & Service Offerings
Genesis Gold Group makes it easy to invest in precious metals. Whether you’re rolling over a retirement account or buying coins directly, you’ll get personal guidance every step of the way.
Precious Metals IRA
The gold IRA is Genesis Gold Group’s main offering. A dedicated account agent helps you open the account, transfer funds from an existing IRA or 401(k), and choose metals that fit your goals.
You can invest in a wide variety of IRS-approved options, all with high purity (usually .999 fine):
Gold Coins & Bars:
- American Buffalo, American Eagle, Canadian Maple Leaf
- British Britannia, Austrian Philharmonic, Perth Mint & Royal Canadian Mint Bars
Silver Coins & Bars:
- American Eagle, Canadian Maple Leaf, British Britannia
- Mexican Libertad, Tuvalu Iwo Jima, Valcambi CombiBars
Platinum Coins:
- American Eagle, Canadian Maple Leaf, Australian Koala, Isle of Man Noble
Palladium Coins:
- American Eagle, Canadian Maple Leaf
Genesis has one of the broader selections of international bullion coins, offering more variety than many other gold IRA companies.
While they don’t list antique coins like pre-1933 Saint-Gaudens or Morgan Silver Dollars online, your representative may be able to help you find them if you’re interested in collectible options.
Sticking with well-known coins like American Eagles or Canadian Maple Leafs often results in lower costs and faster break-even points.
One thing to note: Genesis doesn’t list its preferred IRA custodians online, but you can call for the latest list. You’ll also need to speak to a representative to get current prices and premiums.
Exclusive: The Prepper Bar
Genesis is the only dealer offering the “Prepper Bar.” This bar is IRA-approved and comes in gold or silver with .999 purity.
- Each bar weighs 62.2 grams
- It’s designed to break into smaller pieces for easier use or trade in an emergency
While you may never need to use it for bartering, the Prepper Bar can serve as a unique way to preserve wealth during uncertain times.
Fees & Minimums
Genesis Gold Group doesn’t disclose its investment minimums or fees until speaking with a sales representative and requesting a free gold guide.
Setup fee for IRA | Ask for fees |
Wire transfer fee | Ask for fees |
Custodian administration fee | $250/yr |
Storage fees | $95 |
Anticipate annual IRA maintenance fees of $100 or less, depending on your IRA custodian.
Annual storage fees are approximately $125 for non-segregated storage and $225 for segregated storage and minimum charges may apply.
Be sure to inquire about these one-time and ongoing fees:
- IRA setup fee
- Annual account maintenance fee
- Custodian fees
- Storage fees
- Wire transfer fees
Like most gold and silver IRAs, you can only receive price quotes by phone to buy or sell precious metals.
Premiums differ by product, and rare coins have additional markups that reflect their collectible value.
Guarantees
Genesis Gold Groups doesn’t advertise any purchase or buy back guarantees.
With that said, a handful of customer reviews state the company provided competitive buy back quotes when they needed to sell some of their holdings and it can be convenient for them to provide first right of refusal.
Customer Experience
Getting in touch with Genesis Gold Group is easy. You can call, send an email, or fill out a short online form to start a conversation with a precious metals specialist.
For security, you may be asked to confirm you’re not a robot before submitting the form.
The website offers helpful information about how gold IRAs work and what to expect when getting started.
You can also request a free gold guide, which will be sent to your email after speaking with a representative.
Most of your learning will come from one-on-one conversations with your account agent. They’ll walk you through IRS rules, answer your questions, and provide the paperwork you need to invest with confidence.
Genesis is also featured in several national news articles, which adds to its credibility and helps you get to know the people behind the company.
Storage & Security
Delaware Depository is Genesis Gold Group’s preferred depository. It offers segregated and non-segregated storage at high-security vaults in Wilmington, DE and Boulder City, NV.
Your metals are eligible for $1 billion in all-risk insurance through Lloyd’s of London.
The Nevada storage facility is newer and has more state-of-the-art physical, technical, and administrative protection layers.
Regardless of the facility location and vault storage method, your assets are fully allocated, individually identified, and won’t be lent or leased to others.
Account Setup & Maintenance
You will receive hands-on help opening your gold-backed IRA:
- Request a free gold kit: Schedule an initial consultation to speak with a representative about your investing goals and portfolio size. You can also call the toll-free number and see if you satisfy the minimum investment.
- Transfer retirement accounts: The IRA processing team assists with completing the application paperwork digitally or by mail. You can roll over a 401(k), traditional IRA, or Roth IRA. Your agent communicates directly with your current IRA custodian or bank.
- Purchase precious metals: You can buy the IRA-eligible metals of your choice by phone once your gold IRA is funded. Genesis Gold Group works with your custodian and storage partner to coordinate delivery and recordkeeping.
- Portfolio checkups: You will receive recurring statements reflecting the current market value of your investments. You can continue funding your account through new contributions and make follow-up orders as you see fit.
Reviews & Reputation
There are multiple positive Genesis Gold Group reviews with excellent ratings across the most trustworthy consumer rating platforms:
- Better Business Bureau: 4.86 out of 5 stars with 59 customer reviews
- Google Reviews: 4.7 out of 5 stars with 29 reviews
- Trustindex: 4.9 out of 5 stars with 59 reviews
- Trustpilot: 3.4 out of 5 stars with 2 reviews
Most clients mention the helpful, hands-on customer service quality and transparent pricing.
The agents are very knowledgeable and communicate often with the IRA custodians to prevent processing delays.
The two main focus points of the few negative reviews are the lack of publishing investment fees and minimums on the website along with high premiums on some products.
Genesis Gold Group Alternatives & Competitors
In addition to a longer operating history, these providers are likely to offer more storage options and guarantees than Genesis Gold Group.
Our Rating:
4.8
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Our Rating:
4.5
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Our Rating:
4.2
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Minimum for IRA transfers:
$0
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Minimum for IRA transfers:
$2,000
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Minimum for IRA transfers:
$10,000
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Goldco
Goldco doesn’t require a minimum investment with gold and silver investment options. It has a buy back guarantee to help provide the highest price when selling back your metals. Annual management typically falls between $175 and $225.
Request Goldco’s free gold & silver kit
Noble Gold Investments
Noble Gold Investments has a budget-friendly $2,000 minimum investment for IRAs with gold, silver, platinum, and palladium coins to choose from.
It has depository partnerships with the Delaware Depository and Dallas-based International Depository Services (IDS). Annual maintenance fees are $225.
Request Noble’s free gold guide
Birch Gold Group
Birch Gold Group has a middle-of-the-road $10,000 minimum investment for gold, silver, platinum, and palladium. You also have ample flexibility with picking a vault location as Birch has partnerships with four depositories.
Pay a flat $225 annual fee and your first year’s fees are waived with initial transfers exceeding $50,000.
Request Birch’s free gold info kit
Is Genesis Gold Group a legit company?
You may appreciate Genesis Gold Group for its straightforward approach by foregoing common marketing tactics that can lead to overpaying for precious metals.
Its many customers appreciate the friendly staff, clear communications, and competitive premiums.
Understandably, some investors are reluctant to invest their retirement funds with a company only in business from 2022.
In this situation, other gold IRA companies can provide peace of mind while providing similar levels of customer service quality and investment options.
FAQs
Who is the CEO of Genesis Gold Group?
Jonathan Rose is the current CEO and co-founder of Genesis Gold Group.
Does Genesis Gold Group have any pending lawsuits or complaints?
Genesis Gold Group is the plaintiff and the defendant is Colonial Metals regarding commercial contractual fraud.
The initial filing date is February 29, 2024, in Los Angeles County, CA. There are no known pending lawsuits or complaints listing Genesis as the defendant.
Where is Genesis Gold Group located?
Genesis Gold Group’s headquarters is at 9478 W Olympic Blvd #301, Beverly Hills, CA 90212.
Genesis Gold Group
As a faith-driven precious metals company, Genesis Gold Group helps Americans protect their life's savings from the threats facing our nation.
Product Brand: Genesis Gold Group
4.5