Anthem Gold Group Review: Fees, Complaints, Products, and More

Anthem Gold Group is a relatively new gold IRA provider.

Founded in 2023, Anthem Gold Group has quickly established itself as a prominent player in the precious metals investment industry. Based in Woodland Hills, California, this relatively new company has garnered attention for its comprehensive approach to precious metals investing, particularly in the realm of retirement planning.

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Anthem Gold Group’s Specialization and Services

Anthem Gold Group focuses on four primary precious metals: gold, silver, platinum, and palladium. Their core services include:

1. Precious Metals IRAs: The company assists clients in setting up self-directed IRAs that allow for the inclusion of physical precious metals, offering a unique avenue for retirement portfolio diversification.
2. Direct Precious Metals Purchases: For those interested in personal investment outside of retirement accounts, Anthem offers a range of bullion, coins, and bars.
3. Market Education: Recognizing the importance of informed decision-making, the company provides extensive resources and information about precious metals investing.
4. Buyback Program: Offering flexibility to investors, Anthem allows customers to sell their metals back to the company when desired.

Anthem Gold Group’s Product Offerings

Anthem Gold Group’s product line is diverse, catering to various investor preferences:

• Gold and silver coins, including popular options like American Gold Eagles and Canadian Gold Maple Leafs
• Gold and silver bars
• Platinum and palladium products
• IRA-eligible precious metals, ensuring compliance with retirement account regulations

Anthem Gold Group offers a variety of precious metals products tailored to both direct investment and inclusion in retirement accounts like IRAs. Here’s a closer look at their offerings:

Gold Products

• Gold Coins: Anthem Gold Group provides a selection of popular gold coins such as American Gold Eagles, Canadian Gold Maple Leafs, and other internationally recognized coins. These coins are sought after for their liquidity and government backing.
• Gold Bars: They offer gold bars in various sizes, from smaller 1-ounce bars to larger kilobar formats, sourced from reputable mints globally.

Silver Products

• Silver Coins: Available options include the American Silver Eagle, Canadian Silver Maple Leaf, and other bullion coins that are popular among investors for their silver content and collectibility.
• Silver Bars: For those looking to invest in silver in bulk, Anthem Gold Group offers bars ranging from 1 ounce to 100 ounces or more, providing a cost-effective solution for larger investments.

Platinum and Palladium

• Platinum and Palladium Products: The group also deals in platinum and palladium, offering coins like the Platinum American Eagle and various bars, catering to investors looking to diversify beyond gold and silver.

Specialty and Rare Coins

Numismatic and Collector Coins: For collectors, Anthem Gold Group offers rare and numismatic coins, which can hold historical significance and potentially offer a higher long-term value due to their rarity and demand.

Precious Metals IRAs

Anthem Gold Group specializes in the setup and management of Precious Metals IRAs, providing clients with:

• IRA-Eligible Metals: They ensure all precious metals products offered for IRAs meet IRS requirements for purity and fineness.
• Comprehensive IRA Services: The company assists with all aspects of IRA management, including rollovers from existing retirement accounts, purchasing IRA-approved metals, and coordinating with custodians and storage facilities.

Anthem Gold Group Fees and Pricing

Anthem Gold Group has structured its fees and pricing to accommodate various customer needs within the precious metals market. Here are the key aspects of their fees and pricing structure:

Fees

• Account Setup Fee: Anthem Gold Group typically charges a $50 fee for setting up a new account.
• Yearly Maintenance Fee: Customers can expect to pay a yearly maintenance fee of $125 for their accounts.
• Storage Fees: The company charges $100 per year for storing precious metals, which is a standard rate for secure and insured storage facilities.
• Transaction Fees: For funding an IRA with a wire transfer, a $30 charge applies, which is relatively standard in the industry.

Pricing

• Competitive Pricing: Anthem Gold Group claims to offer competitive pricing on its precious metals, striving to provide the lowest possible costs to its clients.
• Buy and Sell Spreads: The company applies a commission ranging from 5% to 7% on the buy and sell spread for their gold and silver products, which is within the typical range for precious metals dealers.
• Price Guarantee: They offer a unique lowest price/highest buyback guarantee, which ensures investors can purchase and sell back their metals at competitive rates, providing a level of financial security and flexibility in their investment.

Additional Benefits

• Free Storage Options: For IRA holdings, Anthem Gold Group offers free storage options, which is an attractive benefit that can significantly reduce the overall cost for investors.
• No Hidden Fees: The company emphasizes transparency in its fee structure, aiming to ensure that all potential costs are clearly communicated to customers before transactions.

Overall, while Anthem Gold Group’s fees are in line with industry standards, they enhance customer value through competitive pricing policies and thoughtful service offerings like their price guarantee and free storage for certain accounts. These features make Anthem Gold Group an appealing option for investors looking to minimize costs while investing in precious metals.

Educational Resources

Anthem Gold Group provides resources and guidance to help clients understand the benefits of investing in precious metals and how to effectively integrate these assets into their overall investment strategy.

This diverse offering underscores Anthem Gold Group’s commitment to serving a broad range of investment needs, catering to both new investors and seasoned collectors looking to diversify or stabilize their investment portfolios with precious metals.

Unique Approach and Values

What sets Anthem Gold Group apart is its emphasis on investor education and transparency. The company has streamlined the process of setting up Gold IRAs, making it accessible to a broader range of investors. Their partnership with secure storage facilities, such as the Delaware Depository, underscores their commitment to the safety and security of their clients’ investments.

Target Market and Customer Service

Anthem Gold Group primarily caters to individuals looking to diversify their retirement portfolios and those seeking protection against market volatility and inflation. Their customer service approach is highly personalized, offering expert guidance throughout the investment process and providing tailored strategies based on individual needs and goals.

Anthem Gold Group Reviews, Complaints, and Reputation

Despite being a newcomer to the industry, Anthem Gold Group has already garnered positive attention. They hold an A+ rating from the Better Business Bureau and have received recognition from Inc. 5000. The company was also awarded “Best Customer Service” by Money.com in 2023, a testament to their client-focused approach.

Better Business Bureau (BBB)

• Rating: Anthem Gold Group holds an A- rating from the BBB, indicating good business practices and a proactive approach to handling customer complaints. They have been accredited since October 2023, which reflects their commitment to maintaining trust with customers.

Trustpilot

• Rating: The company has a rating of 4.2 out of 5 stars on Trustpilot based on a limited number of reviews. The feedback points to satisfaction with their services, although the number of reviews is not extensive, which suggests that newer customers might need to rely more on the BBB for broader feedback.

Google Reviews

• Rating: Anthem Gold Group has achieved 5 out of 5 stars on Google, again based on limited reviews. Customers who have left feedback commend the company for excellent customer service and the straightforward nature of their transactions.

Overall Customer Sentiment

Customers appreciate Anthem Gold Group for their:

• Customer Service: Reviews frequently highlight the company’s responsive and informative customer service team.
• Ease of Transactions: Many customers mention that the process of buying and setting up IRAs with precious metals is made easier with the help of Anthem Gold Group’s knowledgeable staff.
• Educational Resources: The company is noted for providing valuable information that helps clients make informed investment decisions.

Areas for Improvement

Given the limited number of reviews, it would be beneficial for potential customers if more detailed feedback were available to help them get a fuller picture of the company’s services and customer experiences.

Overall, Anthem Gold Group is regarded positively by those who have interacted with them, particularly praising their customer service and the ease of conducting transactions. As a relatively new company, building a larger base of reviews could help them establish even more trust and transparency with potential clients.

Conclusion

In a short span, Anthem Gold Group has positioned itself as a trusted advisor in the precious metals space. Their commitment to education, transparency, and personalized service has resonated well with investors, particularly those looking to incorporate physical precious metals into their retirement planning strategies. As the company continues to grow, it appears poised to become a significant player in the precious metals investment industry.

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