Blanchard Review

This company has not made it in the top 9 precious metals companies. Overall, Blanchard has a decent online reputation within the past few years having been BBB accredited since 1982. However, there have been 9 complaints closed with the BBB and one TrustLink customer review gave it 1 out of 5 stars. To see what companies made it in the top 9, click here.

Summary

WEBSITEPHONE #BBB
RATING
TRUSTLINK
RATING
FEES
blanchardgold.com1-866-764-9135A+Low setup fees + scaled annual

Having been in the business of precious metals for over 30 years, Blanchard financial is no newcomer. They offer competitive rates for gold IRA accounts, but have had several consumer complaints filed on various third party review sites.

So who do we recommend? Find out who was voted the top 9.

Although Ripoff Reports is not an official SACDC supported review site, we wanted consumers to be aware that there is a Ripoff Reports claim by a consumer against Blanchard in 2012. It regards the high price markups of gold coins sold to a customer. Another complaint was filed recently (2014) with Ripoff Reports but there was not much available information. SACDC wants consumers to understand that sites like Ripoff Reports are sponsored review sites (as evident from the annoyingly large number of advertisements) and have been alleged to post phony scam/fraud claims.

Blanchard Reputation

  • A+ rating with the BBB
  • BBB rating with the BCA
  • 1-star TrustLink rating (1 review – circa October 2014)
  • 9 BBB complaints closed in the past 3 years (1 in the past 12 months)
  • Alleged (but not SACDC verified) claims of seriously over charging customers (numismatics)

Advantages

  • Well established
  • BBB accredited since 1982 and A+ rating
  • BCA accredited
  • Low setup fee
  • U.S. Mint listed dealer

Disadvantages

  • Allegations of high numismatics markups
  • Lengthy IRA/401K transfer/rollover process
  • Digital IRA application not offered
  • 9 BBB complaints (1 this year)
  • Bad review on TrustLink
  • Not an ICTA member
  • Not TRUSTe verified
  • Scaled account fees

Location

Website: blanchardgold.com

Phone #: 1-866-764-9135

Address: 909 Poydras Street Suite 1900, New Orleans, LA 70112

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Score Sheet
Ratings based on reputation, customer satisfaction, fees, products/services offered & business ethics.
Blanchard
Date Published: 10/07/2014
Not in top 9
0.1 / 5 stars

Overall Company Rating:

0.1

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