Beverly Hills Precious Metals Reviews: Is This Company Worth Your Time?

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Last Updated: September 18, 2023

There are many big names in the gold industry, but not all are worth your time. Some are scam artists, and others have lackluster services.

You must research before working with any gold companies. A lack of research could cause you to lose your retirement funds. Don't let inflation cause you to make poor decisions.

Is Beverly Hills Precious Metals a legit silver dealer or one to avoid? Can customers trust them with their investments?

We have researched extensively and are ready to provide you with all the facts we've found. Keep reading to see what we uncovered.

Background Information on Beverly Hills Precious Metals Exchange

The company's been around since 2003. They believe every customer is unique, and there are no cookie-cutter approaches to helping them with their precious metal needs.

Their services include the following:

The business has big-name clients, including General Michael Flynn and Clay Clark. They promise to protect the investments of freedom-loving citizens. Do they keep this promise?

Is Beverly Hills Precious Metals Exchange Legit?

They have been in business for over 20 years. We want to set your mind at ease and let you know the company is legit.

Just because they are not fraudulent does not make them a good company for investing in precious metals.

There have been no pressing scam accusations. Keep reading to learn more about this business that takes great pride in serving patriotic Americans.

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The Reviews Are In

We encourage you to dig deep when investigating a precious metals dealer. Never trust your portfolios to any company with poor reviews.

The BBB Rating

When searching the site for Beverly Hills Precious Metals information, we found an NR rating. NR ratings mean the BBB has not evaluated the company because of a lack of information or an ongoing review or update.

The dealer only has a 3.5-star rating out of 5 based on four customer evaluations. One customer complained about the sloppy packaging. Another was worried they were a scam because they had access to her IRA information. No formal complaints have been lodged against this dealer on the Better Business Bureau.

The Business Consumer Alliance Rating

They have the highest rating possible on Business Consumer Alliance, with an AAA. We could not find a customer review on the site.

Google

We also visited Google to learn what customers say about Beverly Hills Precious Metals Exchange Inc. Right now, they have a 3.3-star rating out of 5 based on 13 customer evaluations. Why does this dealer have so few customer reviews after being in business for over 20 years?

Some of the purchase review posts were glowing. A few were concerned about the process because they could not get the help they needed. One customer claimed the company seemed scammy about selling gold.

Another said the company operated out of a virtual office with no true inventory. The company has a few one-star reviews. The selling process seems challenging to customers.

Some reviewers claim the company never answers their phones or responds to emails. Why is this California company so hard to reach? Is their customer service really lacking?

Advantages & Disadvantages of Working with Beverly Hills Precious Metals Exchange

We've already uncovered some potential problems. When you read our review, you will learn everything there is to know about a company. Any company selling precious metals must be trustworthy and offer a fair price. We have some doubts about this one.

Advantages

Disadvantages

Is Beverly Hills Precious Metals Exchange a Precious Metals Dealer?

Looking at the website alone, this is a challenging question to answer. Google lists them as a gold dealer located in Beverly Hills, California.

In all our hours upon hours of research, we have never encountered a precious metals dealer that does not have an online catalog. Where are they providing clients information on buying gold for their retirement plan?

The company states they offer gold, silver, platinum, and other precious metals. Most people will not be happy that they have to call just to see what the business sells. You are here to protect your wealth without aggravation.

Does Beverly Hills Precious Metals Exchange Help You Open Precious Metals IRAs?

Beverly Hills Precious Metals Exchange is a dealer only, but they partner with custodians and depository vaults. They state clients can store their gold in a bank. If you don't want the hassles of dealing with a bank, they will help you set up a gold storage account.

There are many precious metal custodians and depository vaults in the United States. Beverly Hills Precious Metals does not divulge all of its partnerships. We did find they partnered with GoldStar Trust Company, a respected precious metals custodian.

Would you trust a company that is so secretive about its partnerships and products? Why is this precious metals investment company so close-mouthed about acquiring precious metals? Why don't they list a price for bullion?

Would you trust Beverly Hills Precious Metals with your retirement account investment? Do you feel confident with the management team or their lack of silver inventory?

The lack of information on Beverly Hills Precious Metals Exchange is concerning. You cannot learn anything from the website. You won't see information on rare coins, storage fees, or stable bullion. We could not even find much information about the management team.

With inflation at an all-time high and your 401K sinking, you don't have time to play around. Why doesn't this company have an inventory of gold, silver, platinum, and palladium coins and bars?

Where are the photos of their bullion? How do you even make purchases on this website?

You probably have as many questions as we do about Beverly Hills Precious Metals. We could not find a way to contact them except by phone or their online form.

This dealer seems to be banking on General Michael Flynn's popularity, but are they the best? Unfortunately, their website simply doesn't give us much to go on.

Steps Involved in Investing in Precious Metals

If you want to invest in precious metals with Beverly Hills Precious Metals Exchange Inc., you must call them or fill out the online form. After they contact you, take the steps below.

Should You Invest in Precious Metals?

Investing in gold and other precious metals is a sound decision. The IRS offers many tax advantages to a precious metals owner investing in IRAs. You will need a self-directed IRA to get started with tangible and intangible assets.

Seeking IRA services offers peace of mind. While many companies are listed in the gold industry, companies like Beverly Hills Precious Metals Exchange cause us concern.

FAQ About Investing in Precious Metals IRAs

What is the best metal to invest in right now? The best metal to invest in right now is gold. Gold retains its value, even in poor economic times. Companies like Beverly Hills Precious Metals recommend gold for your retirement plan. They sell precious metals by phone.

Are precious metals a good investment? Precious metals are a good investment. They help you build wealth and prepare for retirement. You can buy gold, silver, platinum, and palladium bullion in a large amount. The price will vary according to the dealer, but always ensure the site is secure.

Who is Andrew Sorchini? Andrew Sorchini is the owner of Beverly Hills Precious Metals. He has been working in the precious metals industry for over 30 years.

Can You Trust Beverly Hills Precious Metals Exchange With Your Money?

We cannot, in good faith, recommend Beverly Hills Precious Metals Exchange Inc. because of their lack of customer service, few testimonials, and uninformative website. There are far better companies out there to help with your retirement account.

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