Genesis Gold Group Review

Our Verdict

Genesis Gold Group launched in 2022, offering a straightforward investment experience from a Biblical perspective. Customer reviews indicate helpful customer service, although you must call to find the current minimum investment and account maintenance fees.

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Genesis Gold Group
Best for: Faith-based investors looking to diversify their retirement savings.
Setup fee for IRA: N/A
Minimum for IRA transfers: N/A
Minimum for cash purchases: N/A
Pros:
  • A rating with BBB
  • Faith-driven company
  • Great customer service
  • Donates to charities
Cons:
  • 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.

The Verdict for Genesis Gold Group

I’ve given them a rating of 9.1 out of 10.

CriteriaRating (out of 10)
Product & Service Offerings9
Pricing & Fees7
Guarantees9
Customer Experience9.5
Storage & Security9
Account Setup & Maintenance9.5
Reputation & Reviews9
Overall Rating9.1

In this review of Genesis Gold Group, I’ve followed GIC’s detailed criteria for evaluating the precious metals IRA company.

About Genesis Gold Group

Genesis Gold Group homepage

Genesis Gold Group was founded in 2022 to provide faith-based stewardship through gold and silver so individual investors like yourself can build a balanced portfolio.

You can open a self-directed IRA or a non-retirement account to invest in precious metals.

Its current CEO is Jonathan Rose, with over 20 years of experience in international banking and commodities trading.

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.

jonathan rose

Jonathan Rose

CEO of Genesis Gold Group

Its two additional co-founders and senior leaders, Jacob Diaz and Bradley Garrett, are versatile precious metals investors striving to help families build wealth.

In addition to helping you invest in precious metals, Genesis Gold Group donates monthly to missions and youth groups, reflecting the values of the company and its customers.

You can recommend one of your favorite charitable causes too.  

There are many positive Genesis Gold Group reviews emphasizing its professionalism, patient sales staff, and a wide array of investment options, and that has been BBB-accredited (Better Business Bureau) since the same year of inception with an “A” rating based on company age, responsiveness, and other core factors. 

I, along with multiple existing customers, like the faith-based tenets that help make Genesis one of the most ethical gold IRA companies.

The ordering process is straightforward without flashy marketing promotions such as “free silver” that are offset with expensive premiums. 

With that said, I wish the company disclosed its investment minimums and IRA account fees without calling a representative.

These initial details make it easier to see which gold IRA companies you qualify for and estimate your ongoing account maintenance expenses.    

Three of its most prominent celebrity endorsements come from MyPillow founder Mike Lindell, actor Dean Cain, and podcaster Joe Oltmann.

While you shouldn’t necessarily pick any particular company for its partnerships, these people may share values similar to yours.

Product & Service Offerings

You have many precious metal investment choices and will receive one-on-one assistance.

Precious Metals IRA

This gold IRA is the cornerstone product and a dedicated agent assists with the account opening process to transfer an existing retirement account.

They will also help you compare precious metals with the highest purity ratings—.999 purity usually—and competitive pricing.  

Your IRA-eligible investment options include:

I find Genesis offers a relatively wider selection of international bullion and rare coins than other precious metals dealers.

In comparison, offerings from the American, Australian (Perth Mint), British, and Canadian government mints tend to be the most common from competitors. 

However, it doesn’t openly advertise antique coins such as pre-1933 St. Gaudens gold coins or Morgan Silver Dollars, but inventory can constantly change.

Your representative may be able to help you locate specific coins for your desired investment amount. 

The additional options can make it easier to diversify your IRA if collectibility is part of your investment strategy, but sticking to widely available U.S. and Canadian coins can still result in the lowest premiums to reach your break-even point sooner.  

A minor frustration is that Genesis Gold Group doesn’t disclose its preferred self-directed IRA custodians.

However, you can call to receive an accurate list of current providers. Like most dealers, you must call to receive the latest product prices and premiums.

Prepper Bars

Genesis Gold Group is the sole provider of the Prepper Bar. This IRA-eligible product is available in gold and silver with .999 purity.

Each bar weighs 62.2 grams and is breakable into smaller bars that you can exchange for goods and services.

gold and silver prepper bars

Hopefully, you’ll never need to use this unique product for its intended purpose, and it will remain a wealth preservation tool instead.

Pricing & Fees

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 IRAAsk for fees
Wire transfer feeAsk for fees
Custodian administration feeAsk for fees
Storage feesAsk for fees

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.

Genesis Gold Group

A faith-driven precious metals company that helps Americans protect their life's savings with gold & silver.

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

Phone and email support are available. You can also type your email, phone number, and a short message into an online contact form to start a conversation with a precious metals specialist.

The online website provides preliminary details about how gold IRAs work and what to anticipate during the onboarding process.

You can also request a free gold guide to speak with a representative and receive an informational guide by email.

Similar to all gold IRA companies, most of the educational material comes from the conversations with your agent answering your precious metals investment questions, IRA tax rules, and providing supporting documentation. 

I also like that Genesis features several articles where the precious metals dealer is quoted in national publications.

These articles help me learn more about physical gold investing and become acquainted with the senior leadership.

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:

  1. 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.
  2. 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.
  3. 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.
  4. 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:

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
Our Rating:
4.5
Our Rating:
4.2
Minimum for IRA transfers:
$25,000
Minimum for IRA transfers:
$2,000
Minimum for IRA transfers:
$10,000
Our Rating:
4.8
Minimum for IRA transfers:
$25,000
Our Rating:
4.5
Minimum for IRA transfers:
$2,000
Our Rating:
4.2
Minimum for IRA transfers:
$10,000

Goldco

Goldco homepage

Goldco requires a $25,000 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 homepage

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 homepage

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.

Request your free gold guide today!

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

A faith-driven precious metals company that helps Americans protect their life's savings with gold & silver.

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

Editor's Rating:
4.5

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