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Last Updated on: 23rd September 2024, 09:38 pm
- Phone : (800) 822-8080
- URL :
- Global Rating
- Good
User Rating
- 0 No reviews yet!
For over three decades, Miles Franklin has been a leading precious metals investment company. Founded in 1989, it is headquartered in Wayzata, Minnesota. The company offers gold, platinum, silver, and palladium products, many of which are eligible to be held in a Precious Metals IRA. Numismatic gold coins are also available for collectors. Secure storage of precious metals is provided by Brinks, and custodial services are provided by New Direction Trust Company. No product pricing is available on the Miles Franklin website. Instead, customers must call the company directly to receive that information.
Pros:
- Stellar "A+" ratings from the BBB
- Local Minnesota-based gold and silver retailer for 30+ years
- Great rates and low fees
Cons:
- Not-so-great "CC" rating from the BCA
- Limited selection
Table of Contents
Company Info and Background
Miles Franklin (www.milesfranklin.com) is a precious metals investment firm, and assists clients in establishing precious metals IRAs. It is located in Wayzata, Minnesota, and was founded in 1989.
The company’s inventory includes gold, silver, platinum, and palladium coins and bars. Depending on clientele preference, there are IRA-eligible products and numismatic gold options. For retirement savers, there is an excellent selection of IRA-approved bullion products.
Miles Franklin Management Team
Miles Franklin was founded in 1989, by father/son duo David and Andy Schectman. David is listed as the company’s CEO, and David is the president and owner.
Miles Franklin Custodian and Storage
Fully segregated vault storage of precious metals purchased through Miles Franklin is provided by Brinks. There are a number of locations to choose from including facilities in Los Angeles, New York, Salt Lake City, Miami, Vancouver, and Toronto.
Miles Franklin has partnered with New Direction Trust Company for custodial services.
Miles Franklin Products
Miles Franklin offers an excellent selection of gold, silver, platinum, and palladium bullion products, for both retirement savers and collectors. Some examples of available products include the American Gold Eagle, American Gold Buffalo, Gold Canadian Maple Leaf, Silver Eagle, Australian Platinum Platypus, and the Palladium Canadian Maple Leaf.
View more Miles Franklin products here.
Miles Franklin Precious Metals IRA Info
| Company | Miles Franklin |
|---|---|
| Annual Cost | Variable |
| Scaled or Flat Fees? | Flat Fees |
| Partnered Storage Vault | Brinks |
| Partnered Custodian | New Direction Trust Company |
| Metals Available | Gold, silver, platinum, and palladium |
| Years in Business | 32 years (1989) |
Miles Franklin Reviews, Ratings, and Complaints
Below we offer a diverse selection of reviews, ratings, and complaints pertaining to Miles Franklin from trusted consumer reporting and rating agencies sites. Simply click on the links provided to study the reviews in greater detail.
- BBB Rating: ⭐⭐⭐⭐, A+ (Details)
- BBB Complaints: 0 complaints in last 3 years (Details)
- BCA Rating: CC (Details)
- BCA Complaints: 0 complaints (Details)
- Yellow Pages: Profile (Details)
- Trustpilot: Profile (Details)
- RipOff Report: No Reports
- Yelp: ⭐⭐⭐⭐ (Details)
- Facebook: ⭐⭐⭐⭐⭐ (Details)
Miles Franklin Contact Information
- Address: 801 Twelve Oaks Center Drive, Ste 834, Wayzata, MN 55391-4650
- Phone: (800) 822-8080
- Email: info@milesfranklin.com
- Website: www.milesfranklin.com
Review All IRA Options Before Investing
It is essential to carefully consider the different precious metals companies available, prior to making any purchases as part of your IRA investment strategy. In addition to its overall reputation, be mindful of a company’s bullion prices, policies, practices, and most importantly, storage fees for precious metals.
- Phone : (800) 822-8080
- URL :
- Global Rating
- Good
User Rating
- 0 No reviews yet!
For over three decades, Miles Franklin has been a leading precious metals investment company. Founded in 1989, it is headquartered in Wayzata, Minnesota. The company offers gold, platinum, silver, and palladium products, many of which are eligible to be held in a Precious Metals IRA. Numismatic gold coins are also available for collectors. Secure storage of precious metals is provided by Brinks, and custodial services are provided by New Direction Trust Company. No product pricing is available on the Miles Franklin website. Instead, customers must call the company directly to receive that information.
Gold: $2,637.54
Silver: $31.18
Platinum: $976.27
Palladium: $1,033.51
Bitcoin: $92,286.35
Ethereum: $3,115.97