What is Miles Franklin Precious Metals?

Miles Franklin Precious Metals is a family-owned precious metals dealer founded in 1989, specializing in gold, silver, platinum, and palladium products. The company is known for its A+ BBB rating, competitive pricing, personalized customer service, and a strong reputation for integrity and reliability in the precious metals industry.

Does Miles Franklin offer Gold IRA services?

Yes, Miles Franklin offers Gold IRA services, allowing investors to diversify their retirement portfolios with IRS-approved gold, silver, platinum, and palladium. The company guides clients through the setup process, including application, funding, and secure storage with IRS-approved custodians and depositories.

Is there a minimum order requirement for a Miles Franklin Gold IRA?

No, Miles Franklin does not impose a minimum order requirement for Gold IRAs, making it accessible for both small and large investors.

How is gold stored in a Miles Franklin Gold IRA?

Gold and other precious metals in a Miles Franklin Gold IRA are stored in IRS-approved third-party depositories, such as Brink’s, with options for commingled or segregated storage. Home storage is not permitted under IRS rules.

What are the costs associated with a Miles Franklin Gold IRA?

Costs may include premiums on metals, annual storage fees, and custodian fees. Miles Franklin is recognized for competitive pricing and minimal fees, but investors should compare total costs, including shipping and maintenance, before investing.

What types of products are eligible for a Miles Franklin Gold IRA?

Eligible products include investment-grade gold bars and coins such as the American Gold Eagle and Canadian Gold Maple Leaf, as well as silver, platinum, and palladium products that meet IRS purity standards.

How is Miles Franklin’s customer service rated?

Miles Franklin is highly rated for its knowledgeable and accessible customer support, with an A+ BBB rating and a reputation for integrity. The company is praised for guiding clients through the investment process and providing attentive, professional service.

Are there any challenges or drawbacks to investing with Miles Franklin?

Challenges include liquidity issues typical of physical gold IRAs, the need to comply with IRS regulations, and short-term price fluctuations. Some customers have noted a $10,000 cap on online orders and mixed reviews regarding online transaction limitations.

What makes Miles Franklin stand out from other precious metals dealers?

Miles Franklin stands out for its long-standing reputation, competitive pricing, no minimum order requirements, personalized customer service, and a focus on education and transparency. The company’s partnership with premier storage providers and its commitment to integrity have helped it achieve over $9 billion in sales.

Miles Franklin Precious Metals Review

Saturday, July 19th 2025

Are you considering diversifying your retirement portfolio with a Gold IRA and wondering if Miles Franklin is the right choice? This article provides a detailed review of Miles Franklin Precious Metals Gold IRA, examining its benefits, setup process, and customer feedback. Read on to learn if this investment aligns with your financial goals.

► Key Takeaways

Miles Franklin Precious Metals Gold IRA provides a secure and diversified investment option for retirement portfolios, targeting both novice and seasoned investors.

The company boasts an A+ Better Business Bureau rating, with a reputation for strong customer service, though some customer feedback highlights limitations in online order transactions.

Investors should consider the costs associated with Gold IRAs, including premiums and storage fees, while recognizing the liquidity challenges and IRS compliance requirements inherent in these investments.

► Introduction to Miles Franklin Precious Metals Gold IRA

Miles Franklin, a stalwart in the precious metals industry, was founded in 1989 by David and Andrew Schectman. Over the past three decades, the company has achieved over $9 billion in sales, establishing a robust reputation among investors as one of the industry pioneers david. Known for its reliability, Miles Franklin emphasizes a big market presence, particularly in the international precious metals market.

The Miles Franklin Precious Metals Gold IRA is tailored for individuals keen on diversifying their retirement portfolios with investment-grade precious metals. This product offers the dual benefits of security and diversification by incorporating physical gold into tax-advantaged retirement accounts. The target audience includes both novice and seasoned investors looking to hedge against economic uncertainty and safeguard their wealth.

► Manufacturer Claims and Promises

Miles Franklin prides itself on being a reliable partner in the precious metals investment landscape, a reputation built over more than 30 years as a family owned company. The company boasts an A+ rating from the Better Business Bureau, indicating a high level of customer trust and satisfaction. Personalized customer service support is a cornerstone of their operations, aimed at guiding new investors through the often complex process of setting up a Gold IRA.

However, bold claims require verify. Throughout this review, we will scrutinize these promises to determine if Miles Franklin truly stands out as an investment partner. We will delve into customer experiences, setup processes, and overall satisfaction to paint a comprehensive picture of the company’s offerings while verifying the claims made.

► Setting Up Your Gold IRA Account

Setting up a Gold IRA with Miles Franklin is a straightforward process, open to investors of all ages. The steps and requirements include:

Completing application forms and providing proof of identity to ensure compliance with regulatory standards.

Storing gold within the IRA with IRS-approved custodians and depositories.

Prohibiting personal home storage of the gold as mandated by the IRS.

The initial contribution amount required to start a Gold IRA can vary depending on the chosen custodian. It’s essential to understand that certain items like collectibles and gold jewelry are excluded from IRS eligibility for gold IRAs.

Miles Franklin facilitates precious metals IRAs efficiently, making it easier for investors to incorporate physical gold into their retirement portfolio for a nominal fee.

► Initial Investment and Funding Options

Miles Franklin offers flexibility in funding your Gold IRA with the following features:

Allows rollovers from existing retirement accounts.

Appeals to the financial and investment community looking to diversify their retirement savings.

Does not impose any minimum order requirements, making it accessible for both small and large investors.

Investors can choose from a diverse range of IRA-approved products, ensuring compliance with IRS regulations. This variety caters to different investment strategies, including:

Gold

Silver

Platinum

Palladium

The absence of a minimum order limit further enhances the product’s appeal, enabling investors of varying scales to sell and partake in this opportunity that has already been sold through strategic partnerships.

► Design and Security Features

The design of the Miles Franklin Gold IRA emphasizes security and client service integrity. Key points include:

The company partners with Brink’s, renowned for its premier vault facilities, ensuring the safe storage of precious metals.

Gold assets must be stored in IRS-approved third-party depositories.

Storage options include commingled or segregated storage, with segregated storage offering enhanced security.

For investors seeking added privacy, Miles Franklin provides a Private Safe Deposit Box program through select Brink’s facilities, specifically for gold and platinum storage. Annual storage fees may apply, depending on the chosen custodian, but these fees are a small price to pay for long-term financial security.

The meticulous attention to security and compliance underscores Miles Franklin’s unwavering commitment to protecting client investments. The partnership with Brink’s and the availability of safe storage options reflect the company’s dedication to safeguarding your precious metals.

► Materials and Durability

When it comes to materials, Miles Franklin offers investment-grade gold bars and coins, ensuring high purity levels. Approved forms include bullion bars and coins like the American Gold Eagle and Canadian Gold Maple Leaf, both of which are minted by government mints and guarantee weight and purity. The IRS mandates a minimum purity of 99.5% for gold used in IRAs, ensuring quality and durability.

Gold bullion bars and rounds must meet a minimum fineness requirement of 0.999 to be eligible for IRAs. Gold’s qualities that make it an ideal long-term investment include:

Inherent durability

Resistance to tarnish

Resistance to corrosion Its standardization in weight and purity further enhances its marketability and ease of trade.

The combination of high-quality materials and stringent IRS standards ensures that your investment retains its value over time. This durability and reliability make gold an attractive option for securing your financial future.

► User Interface and Accessibility

Miles Franklin’s website is designed with user-friendliness in mind, featuring:

Easy navigation through various products

Real-time updates on precious metal prices to enhance user experience

Clearly listed categories allowing users to quickly find what they need.

Online feedback often praises the website’s straightforward navigation and accessibility. This client-centric approach reflects the company’s commitment to customer satisfaction and integrity and client service, enabling clients to easily get information and make informed decisions that set Miles Franklin apart in the precious metals industry.

► Real-Life Performance Scenarios

Gold has historically served as a safeguard during economic downturns, often increasing in value when traditional assets decline. In turbulent times, investors turn to gold, causing its price to rise as confidence in other assets falters. This resilience makes gold a reliable asset during geopolitical crises and economic instability.

Gold’s performance against inflation and its ability to offset losses in other asset classes highlight its stability. Although market fluctuations can lead to short-term volatility, gold’s long-term trend generally showcases appreciation.

Including gold in an investment portfolio often results in lower overall volatility compared to portfolios solely invested in stocks or bonds, making it a wise choice to invest.

► Customer Feedback and Reviews

Miles Franklin is recognized for its knowledgeable and accessible customer support, aimed at assisting both new and experienced investors. The company’s client service focuses on helping clients explore their options rather than pushing for sales, contributing to high customer satisfaction. Professional and attentive support throughout the investment process has earned the company praise.

However, customer reviews have been mixed, with a TrustPilot score of 3.7 out of 5. One common complaint is the limitation on online orders, capped at $10,000. Despite this, the Better Business Bureau rating of A+ reflects a solid reputation and commitment to customer satisfaction, along with bbb accreditation.

The combination of positive feedback and minor criticisms provides a balanced view of the company’s performance. It highlights the strengths of their customer service while acknowledging areas for improvement and the importance of knowledge.

► Challenges and Issues

One of the significant challenges associated with Gold IRAs is liquidity. Converting gold investments into cash can take longer than selling stocks or bonds, making quick access to funds more challenging. Additionally, gold prices can be subject to significant short-term fluctuations, influenced by global demand and geopolitical developments.

Compliance with IRS regulations is mandatory for custodians managing Gold IRAs, and strict guidelines govern the types of metals eligible for inclusion. These complexities can complicate the investment process, requiring careful consideration and adherence to regulatory standards.

Understanding these challenges is crucial for investors considering a Gold IRA. It allows for informed decision-making and helps manage expectations regarding liquidity and regulatory compliance.

Miles Franklin Precious Metals Ratings on Consumer Review Sites

► Overall Value for Money

Investors are advised to compare the total costs associated with gold IRAs, including:

Premiums

Shipping

Annual storage

Custodian fees

While investing in a Gold IRA often incurs elevated costs due to setup and maintenance fees, the long-term benefits can outweigh these expenses. Miles Franklin does not force a minimum order limit, making it accessible for both small and large investors.

The absence of setup fees, as seen with providers like American Hartford Gold, can make it easier for new investors to begin. Comparing these factors helps determine the overall value for money and whether the Miles Franklin Gold IRA aligns with your financial goals.

► Alternatives and Comparisons

Miles Franklin is recognized for its competitive pricing and minimal fees compared to other precious metals companies. This reliability, combined with stellar customer support, makes it a solid contender in the Gold IRA market. The comprehensive array of services offered by Miles Franklin positions it favorably against numerous respected voices in the industry.

While other companies may offer similar products, the combination of competitive pricing, a reliable reputation, and excellent customer support sets Miles Franklin apart. This makes it a preferred choice for investors seeking a balanced and trustworthy partner for their precious metals investments.

Summary

In summary, the Miles Franklin Precious Metals Gold IRA offers a compelling option for diversifying retirement portfolios with physical gold. The company’s long-standing reputation, competitive pricing, and excellent customer support make it a reliable choice for both novice and experienced investors.

Considering the potential challenges and overall value for money, the Miles Franklin Gold IRA stands out as a viable option for those seeking security and stability in their retirement investments. Embracing this opportunity can be a strategic move towards safeguarding your financial future.

Frequently Asked Questions

What is the minimum order requirement for a Miles Franklin Gold IRA?

Miles Franklin does not impose any minimum order requirements, allowing both small and large investors to participate. This accessibility makes it an appealing choice for various investment strategies.

How is the gold stored in a Miles Franklin Gold IRA?

Gold in a Miles Franklin Gold IRA is stored in IRS-approved third-party depositories, with the choice of either commingled or segregated storage options. This ensures compliance with IRS regulations while providing flexibility in storage preferences.

What are the costs associated with a Gold IRA?

The costs associated with a Gold IRA typically include premiums for the gold, shipping fees, annual storage expenses, and custodian fees. It is crucial to compare these costs prior to making an investment.

How does Miles Franklin’s customer support rate?

Miles Franklin’s customer support is highly regarded for its knowledgeable and accessible service, emphasizing client assistance over sales pressure.

What are the challenges of investing in a Gold IRA?

Investing in a Gold IRA presents challenges such as liquidity issues, adherence to IRS regulations, and susceptibility to short-term price fluctuations. These factors can complicate the investment process and impact overall returns.

Other Great Gold IRA Deals available for July 2025

Christopher Horne

Editor , Rare Metal Blog

https://www.raremetalblog.com/about/

metalblograre@gmail.com