Our SD Bullion Review will give Bear Lake Gold's opinions on this precious metal IRA organization and its various products and services. As an expert review company in the gold IRA niche, we will also provide you with recent information about the SD Bullion leadership team members, costs and fees, and storage solutions.
We employed our homed Gold IRA dealer review methodology while carrying out this review procedure. As a crucial part of all our review procedures, we reached out to the company’s customers physically and virtually, as well as its employees.
Based on our standards, we couldn't rate this company among our first thirty precious metals companies in the industry. The information we got from the people we contacted about this company did not meet our review standards. In this review, we will clearly outline the details we found, so if you are interested in finding out what we heard, read till the end.
As an expert review firm, we prioritize our readers' investment plans and goals, especially in the precious metals niche. Because we care about your plans and goals, we have carefully selected the top three gold IRA investment companies we believe are the best in the industry. Our top three recommended gold IRA investment companies are Augusta Precious Metals, Goldco, and American Hartford Gold.
These companies are our top picks because they met and exceeded all our review criteria and standards. If you want to know why we selected them as the top three in the industry, please click the links below to request their full and detailed review packs.
Best Overall Precious Metal Provider
Best Gold IRA Based On Price
Most Reliable IRA Provider
SD Bullion is a precious metal IRA company founded in 2012 by those who established the SDN (Silver Doctors Network). The Network is a site that gives investors information about the events in the precious metals industry. The SDN service providers are experienced people in the precious metals niche. They know the highs and lows of the market and which precious metals will likely sell during various highs and lows.
SD Bullion has become one of the most sought-after companies for buying gold and silver bullion online. Although they may have limitations in their gold selections, they have competitive prices, especially with their 1Kg and Oz gold bullion bars.
Silver Doctor Bullion has a marketplace on its website through which it trades precious metals.
Its gold bars collection comes from high-rated precious metals refineries like the Ohio Precious Metals and the Royal Canadian Mint. SD Bullion does not have many gold bar options compared to other companies in the industry, but generally we found it offered lower prices on its available products, when we did checks over several months.
When we contacted an employee of the company over the phone, he told us that the company believes in the traditional methods of operations. It offers first-rate precious metals products, a cut-price bullion process, and good customer support and service. Moreover, it has provided precious metals IRA services to over 200,000 satisfied customers.
The company is not transparent about its management team. You will not find any details about the company's management team on the company's website and LinkedIn page.
Silver Doctors Bullion is a precious metals company that sells silver, gold, copper, palladium, and platinum to its clients. It also sells accessories and offers precious metal IRA investment services to interested clients. The company sells high-quality products for lower prices than many of its competitors.
As an investor, you can buy varieties of silver and gold products and IRA-eligible precious metals through SD. Its gold and silver bars and coins products are among those with the finest quality in the industry.
In our conversation with company employees, they told us that “the company has staff that could guide investors on the precious metals to buy based on their investment needs and goals”. When we spoke to a customer with an IRA with the company, she told us that “it is better to seek help from the company's customer support if you want to open an IRA with them.” According to her, “the process was not difficult because the company's customer support put her through every step in setting up her precious metals IRA.”
Investors who want to invest their money ahead of retirement in precious metals can do that through a precious metals IRA. Silver Doctor Bullion provides such services for interested investors. As a precious metals IRA investor, you can add precious metals in the following categories to your IRA through the company; gold, silver, palladium, and platinum.
Here are the simple steps to open a precious metals IRA with SD Bullion.
First, the company will need you to do some paperwork and answer some questions. The step will require that you fill out some forms with the necessary details that your account will carry. In addition, in this process, you will need to identify your IRA custodian, if you have one. If you do not have an existing IRA, the company experts can guide you through selecting a tested custodian for your IRA.
After creating your IRA, the next thing to do is to fund your account. You can either fund your precious metals IRA directly, rollover funds from your existing IRA, or such retirement funds such as 401k, 457b, or 432 accounts. SD Bullion can help you with the funding process.
In this step, you will use the funds in your account to purchase IRA-eligible precious metals. SD Bullion has a variety of IRA-eligible precious metals to select from. Suppose you select your desired IRA-eligible precious metals and lock the trade. In that case, the company will ship the products when you pay with your custodian's assistance, and SD Bullion confirms the payment.
SD Bullion partners with some IRA custodians.
You can select from any of the custodians above. However, ensure you have researched each of them to know how they operate and their management fees. We suggest you select only an IRA custodian that meets your investment needs and goals.
When we contacted the company's customer support regarding its products' pricing, they told us that “SD Bullion aims to provide quality precious metals to investors at the cheapest prices available in the industry.” The company has a track record of fulfilling this aim over the years. They give customers satisfactory products for the lowest prices. From our analysis as an expert review company, the company's rapid growth within a short period is traceable to it fulfilling this goal while still satisfying customers.
On the company's website, investors can see the company’s markup spot prices for precious metals in real-time. These prices update every 15 seconds based on global prices in the global precious metals market. According to the company's customer support, “it aims to keep its customers and investors constantly updated about the prices of precious metals in the global market.” It believes that if customers are well informed about the prices of precious metals, making informed investment decisions will be very easy.
SD Bullion is transparent with its precious metal pricing on its website. It displays all its products with their prices. If you buy precious metals costing above $199, you will get free shipping to your location of choice.
While you can choose to keep your precious metals in your home, we would not advise that as it is not a safe option. We always advise that you store your precious metals in a secure storage facility.
SD Bullion has a secure depository that
If you store your physical bullion in SD Bullion’s depository, it will charge you a percentage of the total worth of your precious metals in its vaults. Below is a list of the company’s percentage charges for storing gold, silver, and platinum.
You can contact the company's customer service for more details about the fees for other precious metal categories in its inventory.
SD Bullion's secure storage is a segregated depository. The company’s secure storage has the following features;
You said they don’t do custodian/storage services earlier?
They have a secure depository see this link here, sir.
The rating was from 71 closed complaints in the last 3 years
The rating was from 1 closed complaint in the last 3 years
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4.5 out of 5 Stars.
This rating was from a total of 2118 reviews
While conducting this review, we found out that SD Bullion was not offering new and existing customers any promotions. If you wish to invest in a trusted company with promotional offers, we suggest you invest in your precious metals IRA through Goldco. The company will give you free silver worth $10,000 if you open an account with it and qualify for rollover. In addition, if you buy precious metals worth $50,000, you will get 5% in free silver back and free storage for the first year.
To conclude this SD Bullion review., when we consider all of the research we have undertaken and the people we have interview we think SD bullion is a legitimate company and not a scam company.
We feel if the company had been able to provide more details about the top tier management team and the experience they bring to the table we probably would have rates them somewhere in our top ten list.
We consider It a big red flag for us because it sometimes points to the fact that the company may have issues with the credibility of its management team members.
Rather, we would suggest you invest through our top three recommended precious metals IRA companies. They have proven people in their management team, and their profiles are clear on professional social websites like LinkedIn. In addition, they provide one of the best precious metal IRA services in the industry, especially for investors in the United States.
Please see the section below for our top three recommended companies and their full review details.
Augusta Precious Metals is the first on our list of recommended precious metal IRA companies in the precious metals niche. We recommend this company if you are new to the precious metals industry. It has a rich precious metals investment guide that will give you information about making well-informed investment choices based on your goals.
Read full Goldco Pros and Cons Review
Goldco is the second on our list of recommended gold IRA companies. It is a BBB-accredited gold IRA dealer. The company has won numerous awards and has been endorsed by many celebrities in the United States.
It has a very rich investment guide that keeps new investors informed and a team of experts to guide you in your precious metals investments.
American Hartford Gold is a secondary precious metal IRA investment firm. It is a family-based precious metal firm in the United States.
It offers investment options for families and provides customers with the best precious metals prices for the lowest prices in the industry.