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  • Report:  #1456065

Complaint Review: GoldCo Business | GoldCo™ Verified TRUSTED Business consumers can trust. Gold & Silver precious metals IRA investment providers. Goldco committed mission to help consumers with simple effective proven options to safeguard and grow their retirement savings Los Angles California - Woodland Hills California

Reported By:
M.F. - Sacramento, CA, United States
Submitted:
Updated:

GoldCo Business | GoldCo™ Verified TRUSTED Business consumers can trust. Gold & Silver precious metals IRA investment providers. Goldco committed mission to help consumers with simple effective proven options to safeguard and grow their retirement savings Los Angles California
21215 Burbank Blvd Suite 600 Woodland Hills, 91367 California, United States
Phone:
(855) 465-3472
Web:
https://goldco.com/woodlandhillsca
Tell us has your experience with this business or person been good? What's this?
Ripoff Report Verified™ REVIEW

EDitor's UPDATE: Positive rating and recognition has been given to GoldCo. for its full commitment to quality customer service.

Ripoff Report's discussions with GoldCo. have uncovered an ongoing dedication by the company to total client satisfaction. This means that clients can expect that the company will work towards finding a mutually satisfactory resolution to any concerns. GoldCo. listens carefully to client concerns and sees them as an opportunity to learn from past mistakes and become more efficient as a company in the services offered and the support for those services.

Goldco’s Founder, Trevor Gerszt, was born in East London, South Africa. Growing up, he would collect things such as stamps, cards and coins, and was always drawn to gold and silver coins. Fast forward to 2000, he moved to the States and started working in the real estate market. By 2008, the markets were devastated by the financial crash. After that he decided to get into an industry that would take him back to his roots and provide a solution that offered financial growth and stability. That is how he came to be involved in the precious metals industry and founded Goldco.

One of the things Ripoff Report learned in the course of its review is that typical customer feedback reads, "Everyone involved in my purchase were professional and courteous and especially excellent communication. Just to be told what was going on with my transaction from the company that was sending me my check was great. The purchase of silver went very smoothly. I give Goldco 5 stars.” – A. Avalos – Verified Customer, TrustPilot



The information provided in this report below is based on comments made from an interview with GoldCo

GoldCo. is a privately held company in Los Angeles specializing in wealth and asset protection with physical gold and silver. It offers customers who are interested in diversifying their retirement portfolios the chance to place gold and silver in a retirement account by facilitating the opening of a Self Directed IRA. Investors can also purchase precious metals from the company for non-retirement purposes. Goldco has been named the #1 gold IRA provider in the U.S. by Inc. 500.

Leads for GoldCo come from an interested investor would request a Gold IRA guide and speak with a representative who can answer any questions.



CUSTOMER CARE & COMPLAINT RESOLUTION – GOLDCO

An example of an unsatisfied customer experience was specifically around the coins preferred to fund their account. After the customer opened their account and wanted to invest in precious metals, they were seeking specific coins that were no longer available. We were able to find comparable coins that meet the IRS guidelines for coins that can be placed into a self-directed IRA. The customer was eventually satisfied with the transaction.

We have a dedicated team for customer inquiries. A customer would call their Account Representative who would be the first point of contact to speak with the customer and identify the issue. If it cannot be resolved, then it escalates to our Customer Relations Manager to rectify the situation. For more complex issues, members of our Management team are accessible and partner with customers to remedy the situation.

Fortunately, we have very few instances that have required escalation and are proud of our high ratings and thousands of customer reviews.



GOLDCO - STATEMENT FROM THE FOUNDER AND CEO – TRAVIS GERSZT

" Goldco’s mission is to help its customers maximize the diversification of their investments by offering the protection of alternative assets such as physical gold and silver. Goldco has always been a respected industry leader in the precious metals space.”

“Customer care and satisfaction are our number one priority, and that has allowed us to maintain an A+ rating with the Better Business Bureau, and the highest of consumer ratings. We not only value our relationships with our customers but with our employees as well. When you become a Goldco customer, you become a member of our extended family.”



STATED IMPROVEMENTS FROM GOLDCO

Goldco recognizes that complaints posted on Ripoff Report (whether true or not) are issues that need to be addressed, not ignored. If handled correctly, complaints can be valuable learning opportunities. With the feedback generated by Ripoff Report's review, Goldco has made organizational changes allowing its clients and employees a more streamlined approach to problem resolution and a commitment to a great client experience.

GoldCo has made the following improvements:

Product Training: We conduct regular training for our sales and customer service departments about our products, the value and availability of our metals as well as how to provide information for investors who are considering adding precious metals to their portfolios.

3rd party emails: We have implemented multiple ways for subscribers to opt in / opt out of emails at any time for any reason.

In summary, after our review, which included discussions with CEO Trevor Gerszt, Ripoff Report is convinced that Goldco is committed to quality delivery of services resulting in total client satisfaction.

Ripoffreport Report Image

Gold and Silver Continue to Soar Gold and silver have surpassed analysts’ expectations and will only continue to gain value as the world economy weakens. How far will they continue to climb?

We’re not even two-thirds of the way through the year and gold and silver have already taken out the price targets that Wall Street analysts set for them at the beginning of the year. Back in January the analyst average for gold was a little over $1,300 an ounce and the average for silver was a little over $16 an ounce. Even the most bullish gold analysts saw gold topping out at $1,475. Yet just last week gold broke through the $1,500 barrier and silver topped $17. Where will they go from here? Visit our website to understand more. https://goldco.com/gold-silver-continue-soar/



How does a business get Ripoff Report Verified™

The member business allows Ripoff report to email everyone from the past. Those who respond to Ripoff report with a valid complaint must be take care of. They have made a commitment that if anyone contacts Ripoff Report in the future, they will make things right within 14 days. The member business must err on the side of their customers. Otherwise the member business is off the program.

Ripoff Report has determined that GoldCo. meets Ripoff Report Verified™ standards which include a commitment to make a good faith effort to resolve any consumer complaints. Members of the Corporate Advocacy Business Remediation and Customer Satisfaction program do pay a fee for our on-site review, 24-hour monitoring and for support with customers to resolve any disagreements.

Ripoff Report sends a 3rd party service to do an onsite inspection of the new member business. The on-site inspection / review does not mean that the products or services offered by the business have been evaluated or endorsed by Ripoff Report and has not made a determination as to the business' product quality or competency in performing services. We can verify, that Ripoff Report went to the business, verified their business or “work from home business”, there for, if a customer in the future does not get treated correctly, Ripoff Report can get the problem resolved. If not, and the customers is right, the member business will be taken off the Corporate Advocacy Program. Remember, Ripoff Report emailed every customer from the past that filed a complaint to make sure the member business made things right with customers from the past. Again, to err on the side of their customer, those from the past and those in the future.

Read more about why consumers should feel confident when doing business with a member of Ripoff Report's Corporate Advocacy Business Remediation & Customer Satisfaction Program. Yes, it’s a long name for a program that does a lot for both consumers and businesses alike.

Read about Ripoff Report Corporate Advocacy Business Remediation & Customer Satisfaction Program, a program that benefits the consumer, assures them of complete satisfaction and confidence when doing business with a member business. This program works.

As a matter of policy, when a business becomes a member of the Corporate Advocacy Program, they agree to allow Ripoff Report to contact every client who filed a complaint, so they can make things right with them. In order to confirm that the complaints were resolved, Ripoff Report is copied on all responses, so we can ensure that the member business did right by their customer.

NOW TO THE ORIGINAL REPORT THAT WAS FILED

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Rick Dougherty, Jim Assalley, Goldco ,Woodland Hills, CA, Goldco Woodland Hills California

ABOUT THE RIPOFF REPORT BELOW:

Ripoff Report would like to let readers know that Ripoff Report emailed this customer, so the member business could make things right with them. When a business joins the Corporate Advocacy Program, Ripoff Report emails everyone from the past so the member business can make things right with them. Of course, everything within reason. In order to confirm that the complaints were resolved, Ripoff Report is copied on all responses, so we can insure that the member business did right by their customer.
The author of the Ripoff Report below never responded to our offer to help them. The Review below should be ignored. 


NOW TO THE ORIGINAL REPORT THAT WAS FILED


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Goldco Woodland Hills sold me what I was told was a "gold/silver backed IRA" but in actuality sold me silver and gold coins at a vast markup, immediately reducing the value of my investment by over 60%. My direct questions were met with obfuscation, stall tactics and pathetic, offensive shell-game attempts on the part of "National Sales Manager" Rick Dougherty.  RIPOFF ALERT!! DO NOT DO BUSINESS WITH THEM UNDER ANY CIRCUMSTANCES!!!!



1 Updates & Rebuttals

N.Cognito

Denver,
Colorado,
United States
Goldworth Financial DID SAME THING-BEWARE-NOW IN BITCOIN BUSINESS

#2Consumer Comment

Thu, August 30, 2018

Goldworth Financial used same tactics (Karl Flowers, Steve Super, Panemenos, etc.)--Gouged and lied to people.  Outright fraud.  Would tell you your account balance could be based on multiplying holdings x current price of specific coin on their website.  Markup was at least 50% higher than if you bought directly from U.S. Mint.  Precious metals is rife with fraud.  BUY LOCALLY and IN PERSON.  Steve Super from Goldworth now selling bitcoin--BEWARE--huge scam.  Goldworth out of business after lawsuit from Minnesota/Michigan customer for "hidden profits", misrepresentation, etc.  Many people have had IRAs squandered after working years to save.  Only precious metals doing honest business is "Buy Gold and Silver Safely"--Doug Eberhardt...perhaps Schiff as well.  other than that, most if not all are crooks IMHO.

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