For generations, physical gold and silver have served as a dependable way to preserve wealth. Even today, these metals can help cushion a portfolio against inflation and broader market stress, which is why many investors consider them for a self-directed IRA.
Events like the COVID-19 shock underscored how quickly economies can stall. Precious metals, by contrast, often provide ballast during uncertainty, making them a compelling long-term diversifier for retirement accounts.
Setting up a metals-backed IRA, however, can be confusing without expert guidance. That’s where Beverly Hills Precious Metals (BHPM) enters the picture, offering a phone-first, customized process for buying bullion and establishing storage for IRAs.
Below, you’ll find everything you need to know about BHPM’s approach, costs, storage, and what to expect if you decide to work with them.
Quick Overview
- Founded in 2010; tailored, phone‑based bullion and Gold IRA services
- Led by founder Andrew Sorchini with 30+ years of precious metals experience
- Annual storage: 0.75% of asset ask value (billed semiannually at 0.375%) or $15 minimum
- Payment options include credit card, direct deposit, personal/certified check, bank wire, and IRA transfer
- Buyback program available; sale quotes and purchase pricing provided by phone
- Primarily supports U.S. investors; checks must be drawn on U.S. banks
Company Background
Beverly Hills Precious Metals has been operating since 2010, making it a seasoned participant in the precious metals IRA space. Its founder, Andrew Sorchini, brings decades of experience to the firm’s phone-first, concierge-style model.
Publicly available information reflects a clean service record, alongside endorsements from prominent figures such as entrepreneur and author Clay Clark. Retired Lieutenant General Michael Flynn has also been associated with the brand, further raising its profile among certain investor communities.
Ratings and Customer Feedback
| Review Site | Rating | Number of Reviews | Complaints in Past 12 Months |
|---|---|---|---|
| Better Business Bureau (BBB) | 3/5 | 5 | 1 (1-star review) |
| 3.3/5 | 18 | 2 (1-star review) |
Top Gold IRA Companies in 2025
Before selecting a provider, it helps to compare options. We’ve analyzed many precious metals IRA companies and compiled a shortlist of the top 5 gold IRA companies in 2025. Reviewing this list can help you make an informed decision prior to an IRA transfer.
Augusta Precious Metals – WINNER
Our current front‑runner for Gold IRAs is Augusta Precious Metals, noted for its A+ BBB rating, extensive 5‑star feedback, and lifetime support for clients. You can read our in‑depth analysis or visit their site to learn more about their educational approach and fee transparency.
What Sets Beverly Hills Precious Metals Apart?
Online reviews might suggest a small footprint, but BHPM primarily operates offline via phone and mail. That means fewer web-based ratings, yet a highly personalized service for those who want hands-on help.
Tailored, phone‑first service
BHPM’s website is intentionally minimal because the company structures its recommendations one‑to‑one over the phone. Rather than clicking to buy, you’ll discuss goals, timelines, and IRA requirements with an Account Executive who can match metals and storage to your needs.
This is ideal for investors who want guidance instead of a purely self-serve checkout experience.
Complimentary expert consultation
Call the number listed on BHPM’s site and you’ll be paired with an Account Executive who explains IRA rules, eligible products, and storage choices. For newcomers to precious metals, this can simplify everything from rollovers to custodian coordination.
In a test call, the representative was courteous, knowledgeable, and clear about options and timelines. The conversation-based quote process was faster than expected.
Straightforward buyback option
BHPM offers a buyback program so you can sell metals back for cash. As with purchases, you’ll confirm details by phone before shipping any items, which helps align pricing and expectations up front.
Competitive pricing
Many phone-quote dealers charge more than online-only shops. BHPM’s quotes, however, were broadly in line with market pricing at the time of inquiry, delivering a bespoke experience without an obvious premium.
Flexible payment methods
BHPM supports several ways to fund a purchase or IRA contribution, making transactions accessible for a wide range of clients.
- Credit card
- Direct deposit
- Personal check
- Certified check
- Bank wire
- IRA transfer
IRA transfers are especially helpful for investors who want to move an existing retirement account into a metals-backed structure with minimal friction.
Fees
Because BHPM provides customized recommendations, some costs can vary by client and product mix. For exact pricing, calling the firm is the best approach.
Storage, however, follows a clear schedule: an annual 0.75% of the current ask value of your stored metals (billed semiannually at 0.375%), or a $15 minimum (charged as $7.50 per half‑year), whichever is higher. Each billing cycle includes a detailed account statement.
Storage Services
You can either take delivery and store metals yourself or use an insured third‑party depository—often the preferred choice for IRAs due to custody requirements and risk management.
Self-storage offers immediate access but also higher security risk. With depository storage, you can request delivery later if desired, though shipping and handling fees may apply.
How to Invest with Beverly Hills Precious Metals
Getting started is straightforward. Call the toll‑free line at (866) 3GOLD25 or (866) 346‑5325, or use the Contact Us page to request an appointment.
After you and your Account Executive finalize metals and quantities, you’ll receive a trade number valid for 72 hours. This locks in pricing for both you and BHPM while you complete payment and confirm delivery or depository storage.
Reliability
Based on tenure, endorsements, and the public record, BHPM presents as a reliable, service-driven provider. Over more than a decade in business, the company has maintained operations without widely reported service failures.
Pros and Cons
Pros
- Personalized, phone‑based guidance tailored to your IRA goals
- Multiple payment methods, including IRA transfers and bank wires
- Insured third‑party storage options suitable for retirement accounts
- Quotes broadly aligned with prevailing market pricing during inquiries
- Established track record with industry‑veteran leadership
- Accessible buyback program for future liquidity
Cons
- Shipping and delivery costs are not fully detailed online
- Checks from non‑U.S. banks are not accepted, limiting some international clients
Final Verdict
If you want an instant, click‑to‑buy experience, BHPM won’t be the best fit. If you value one‑to‑one guidance and a curated approach to building a precious metals IRA, their model is compelling.
As always, do your own due diligence and consider speaking with a fiduciary financial advisor before making retirement decisions.