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Bishop Gold Group is a legitimate, Los Angeles-based precious metals dealer led by their CEO Beau Cassidy. Holding an A+ BBB rating, the company is well-regarded across major review platforms with minimal customer complaints and no customer lawsuits on record.
Bishop Gold Group (BGG) offers silver, platinum, and palladium bullion with a $10,000 minimum investment to open a gold IRA. Custodian fees are waived for the first three years, and they partner with trusted custodians (STRATA Trust Company, Kingdom Trust) and depositories (Brink’s Global Services, Delaware Depository).
New clients can receive up to $5,000 in free silver on qualifying purchases.
However, the company has notable drawbacks: depository fees apply from day one, there’s no refund policy, no Bitcoin IRA option, and no rare or exotic metals available.
Overall, Bishop Gold Group suits straightforward precious metal investors but offers limited flexibility for those seeking broader investment options.
What is Bishop Gold Group? Are They a Scam? Or are They a Reputable and Legitimate Gold Investment Company?
Bishop Gold Group isn’t a scam. They’re a legitimate, Los Angeles-based precious metals dealer specializing in gold and silver IRAs and physical metal purchases to protect wealth against inflation.
Bishop Gold Group has an A+ rating at Better Business Bureau (BBB) rating and are renown among American investors for their education-focused service, affordable fees and helpful staff.
| Name | Bishop Gold Group |
|---|---|
| Date founded | 2017 |
| Location | 1801 Century Pk E 24th Floor, Los Angeles, CA 90067, United States |
| CEO | Beau Cassidy |
| Precious metals | Gold, silver, platinum, palladium. |
Who Owns Bishop Gold Group? Who’s the CEO?
It’s currently unknown who owns Bishop Gold Group. It’s a private company and ownership details aren’t disclosed.
Beau Cassidy is the CEO of Bishop Gold Group.
Hey, Bishop Gold Group is an excellent precious metals investment company. They’re not a scam but a legit and reputable business.
However, this is the trusted and safe US company I recommend to all investors, newbies and pros alike.
How to Open a Gold IRA With Bishop Gold Group?
To open a gold IRA account with Bishop Gold Group you should do these 3 steps.
First step is opening an account with Bishop Gold Group. Second step is talking to a Bishop Gold Group’s IRA specialist who’ll guide you throughout. the whole process.
Third and final step is picking the precious metal bullion you want, insuring it and sending to the IRA-approved gold depository.
Bishop Gold Group will help you through all 3 steps and this company is know for their helpful customer service.
What are the Fees for Opening a Gold IRA Account With Bishop Gold Group?
The fees for opening a gold IRA account with Bishop Gold Group are account setup wee (100% waived by Bishop Gold Group) custodian fees (waived for first three years by Bishop Gold Group) and depository fees.
Bishop Gold Group’s total IRA fees aren’t listed on their website so you have to be clever to deduce them.
Opening gold IRAs with other US Gold IRA companies costs an average of $200-250 for the first year and roughly $150-200 for every subsequent year (yearly custodian and depository fees). You can safely assume the cost is going to be similar when working with Bishop Gold Group.
Hey, Bishop Gold Group is an excellent precious metals investment company. They’re not a scam but a legit and reputable business.
However, this is the trusted and safe US company I recommend to all investors, newbies and pros alike.
What’s the Minimum Investment Requirement to Open a Gold IRA Account With Bishop Gold Group?
The minimum investment requirement to open a gold IRA account with Bishop Gold Group is $10,000.
$10,000 is a happy medium between companies that ask $50,000 to open a gold IRA account and those that ask $5,000 or even $2,000 to open an account.
What are the Fees for Buying Precious Metals Outside of Gold IRA From Bishop Gold Group?
The fees for buying precious metals from Bishop Gold Group outside of gold IRAs is the spot price of specific metals you want to buy + a small premium on top of that.
Bishop Gold Group’s metal premium is undisclosed on their website.
Hey, Bishop Gold Group is an excellent precious metals investment company. They’re not a scam but a legit and reputable business.
However, this is the trusted and safe US company I recommend to all investors, newbies and pros alike.
7 Pros to Working With Bishop Gold Group
Bishop Gold Group is a well-regarded precious metals dealer with strong customer reviews across platforms like BBB, Trustpilot, ConsumerAffairs, and Google.
The company has no customer lawsuits on record, though it has faced a couple of unrelated legal matters involving a TCPA violation and a former employee dispute.
Beyond gold and silver, Bishop Gold Group offers platinum and palladium bullion, both of which are IRA-eligible. For gold IRA accounts, they partner with trusted custodians (STRATA Trust Company and Kingdom Trust) and reputable depositories including Brink’s Global Services and the Delaware Depository.
The company maintains a metal buyback policy, though specifics aren’t published on their website. Customer support is a noted strength, available by phone at (833) 589-8100, contact form, and a comprehensive FAQ page.
New clients qualify for a promotional offer of up to $5,000 in free silver on eligible purchases.
Pro 1- Excellent Reputation on Popular Customer Reviews Website
Bishop Gold Group has an excellent reputation on popular customer review websites. Their customers rave bout them online and rarely a customer complains against them.
| Consumer Watchdog Websites | Number of reviews | Score | Number of complaints in the past 12 months |
|---|---|---|---|
| BBB | 95 | 4.93/5 | None or very few complaints |
| Trustpilot | 61 | 4.5/5 | None or very few complaints |
| ConsumerAffairs | 8 | 4.2/5 | None or very few complaints |
| Google My Business | 78 | 4.8/5 | None or very few complaints |
| Trustlink | No profile | No profile | No profile |
Pro 2- No Customer Lawsuits Filed Against Bishop Gold Group
Bishop Gold Group has never been sued by a customer. This is good because you want the gold IRA company you intend to work with to have a spotless record within the American judicial system.
And Bishop Gold Group has one.
Note: Bishop Gold has been involved in a handful of lawsuits so far, and these have nothing to do with their customers.
One lawsuit is about them breaking the the Telephone Consumer Protection Act (TCPA). And in another one they got sued by their former employee.
Hey, Bishop Gold Group is an excellent precious metals investment company. They’re not a scam but a legit and reputable business.
However, this is the trusted and safe US company I recommend to all investors, newbies and pros alike.
Pro 3- Platinum and Palladium Products Available
Bishop Gold Group sells platinum and palladium products. You can buy bullion made from these precious metals alongside bullion (coins and bars) made form the more popular and common gold and silver.
Both platinum and palladium are IRA-approved which means you’ll be able to include them in your gold IRA account.
Pro 4- Bishop Gold Group Works With Reputable Custodians and Depositories When Opening Gold IRAs
Bishop Gold Group isn’t a custodian service. Instead they work with reputable custodians and IRA-approved depositories.
The custodians American Hartford Gold works with is STRATA Trust Company and Kingdom Trust.
The depositories American Hartford Gold works with are Brink’s Global Services and the Delaware Depository.
Pro 5- Generous Buyback Policy
Bishop Gold Group has a metal buyback policy where you can sell back the metals you bough from Bishop Gold back to them.
Having an effective buyback policy is a benefit for investors but a slight con is that detail of their buyback policy aren’t given on their website.
Hey, Bishop Gold Group is an excellent precious metals investment company. They’re not a scam but a legit and reputable business.
However, this is the trusted and safe US company I recommend to all investors, newbies and pros alike.
Pro 6- Excellent Customer Support
Bishop Gold Group has excellent customer support. Their staff is knowledgeable, numerous and happy to help you even if you’re only considering them and haven’t invested with Bishop Gold before.
You can contact Bishop Gold Group via this phone number (833) 589-8100.
The company also has a contact form you can submit to and then wait for their reply.
Bishop Gold Group also has a helpful FAQ page you should consult before contacting Bishop Gold. Their FAQ page is exhaustive and will answer most of the questions you have in great detail.
Pro 7- Free Silver Bonus Available
Bishop Gold Group (BGG) offers a promotion providing up to $5,000 in free silver for qualified purchases.
This offer is designed for new clients purchasing physical precious metals for home delivery or within a IRA, rewarding higher investment volumes with free silver products.
Bishop Gold Group free silver offer
Hey, Bishop Gold Group is an excellent precious metals investment company. They’re not a scam but a legit and reputable business.
However, this is the trusted and safe US company I recommend to all investors, newbies and pros alike.
5 Cons and Complaints to buying Precious Metals from Bishop Gold Group
Buying precious metals from Bishop Gold Group comes with five notable drawbacks investors should consider.
While the company waives custodian fees for the first three years, depository fees apply from the start, and the absence of setup fees is a minor positive.
The company’s product range is limited to the four standard precious metals (gold, silver, platinum, and palladium), with no exotic noble metals, base metal bullion, or rare numismatic coins available.
There’s also no refund policy in place, meaning all sales are considered final, with the possible exception of stolen shipments in transit.
Additionally, Bishop Gold Group doesn’t offer a Bitcoin IRA option, so cryptocurrency enthusiasts can’t include digital assets in their retirement accounts. Overall, the company suits straightforward precious metal IRA investors but falls short for those seeking broader investment flexibility.
Con/Complaint 1- No Waived Fees for a Set Number of Years
Bishop Gold Group doesn’t waive all fees for their customers. They only waive custodian fees for the first three years, but not the depository fees which you’ll need to pay from the beginning. Bishop Gold Group doesn’t have their own fees for setup up a gold IRA, and this is a pro.
Con/Complaint 2- No Exotic Precious Metals Available
Bishop Gold Group only sells gold, silver platinum and palladium. This precious metal investment company doesn’t sell more exotic noble metals like iridium, rhodium, ruthenium and osmium.
It also doesn’t sell base metal bullion made from example copper, iron or steel.
Con/Complaint 3- No Refund Policy
Bishop Gold Group doesn’t have a refund policy. This means any sale you make with them is final. The only potential way to get a refund from them is if your precious metal shipment gets stolen during transit.
This is my conjecture however as it’s not mentioned on their website.
Con/Complaint 4- No Bitcoin IRA Option Available
Bishop Gold Group isn’t a Bitcoin IRA company. You won’t be able to add Bitcoin or any other cryptocurrencies to your gold IRA if you decide to open an account with this company’s help.
Con/Complaint 5- No Rare Coins Available
Bishop Gold Group specializes in selling physical gold and silver bullion and opening gold and silver IRAs for American citizens.
This company doesn’t sell rare coins which means you’ll have to look elsewhere to satisfy your numismatic flair.
Noble Gold Investments is a gold IRA company that sells numismatic coins alongside the four popular noble metals (gold, silver, platinum and palladium).
Numismatic coins aren’t IRA-approved, but you can work with Noble Gold Investments (Noble Gold IRA) if you want to add rare coins in your retirement portfolio (but outside of your gold IRA account).
Hey, Bishop Gold Group is an excellent precious metals investment company. They’re not a scam but a legit and reputable business.
However, this is the trusted and safe US company I recommend to all investors, newbies and pros alike.
Bishop Gold Group Review 2026- Legit or Scam? Pros, Cons, Fees and Customer Reviews and Ratings Included (Conclusion)
Bishop Gold Group is a legitimate Los Angeles-based precious metals dealer with an A+ BBB rating and strong reviews across major platforms.
Led by CEO Beau Cassidy, they offer gold, silver, platinum, and palladium IRAs with a $10,000 minimum investment. Custodian fees are waived for three years, and they partner with trusted custodians and depositories.
New clients can earn up to $5,000 in free silver on qualifying purchases.
Drawbacks include depository fees from day one, no refund policy, no Bitcoin IRA option, and no rare or exotic metals.
References:
- Bishop Gold Group FAQ- https://bishopgoldgroup.com/faq/
- Bishop Gold Group free silver offer- https://bishopgoldgroup.com/free-silver/
Nikola Roza
Nikola Roza is a blogger behind Nikola Roza- SEO for the Poor and Determined. He writes for bloggers who don't have huge marketing budget but still want to succeed. Nikola is passionate about precious metals IRAs and how to invest in gold and silver for a safer financial future. Learn about Nikola here.
