Miles Franklin Review

Miles Franklin
Miles Franklin - by, April 1, 2011
3.5/ 5stars
on
Miles Franklin
  • Editor Rating
  • Good
Review Summary :

Established in 1989, Miles Franklin has been one of the more popular precious metals investment firms in the country. Located in Wayzata, Minnesota, it offers a myriad of gold, platinum, silver, and palladium products for retirement savers and collectors, alike. Vault storage is provided by Brinks, with a number of location options. Miles Franklin has partnered with New Direction Trust Company as a custodian partner for Precious Metals IRAs. Unfortunately, the company website does not provide any prices for its products. Clients must call the toll-free number for pricing.

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Pros:

- Miles Franklin offers some of the most popular IRA-approved gold, silver, platinum, and palladium products
- Numismatic products are for collectors
- Wide range of bullion available in the inventory

Cons:

- No product pricing is listed on the website, Instead, clients must contact Miles Franklin directly
Quick Facts about Miles Franklin
Year Founded:1989
Company Headquarters:Wayzata, Minnesota
Annual Fees:Variable
Supports 401(k)?:No
Supports Roth IRA?:No
Crypto Offered?:No
Assets Offered:Gold, Silver, Palladium, and Platinum
Offers Other Assets?:No
Custodian:New Direction Trust Company
Current Promotion:N/A
Supports Home Storage?:Yes, for collectible products
International Storage?:Only North American options
Segregated Storage?:Yes
Preferred Storage Location:Several locations
Preferred Storage Vault:Brink’s Global Service
Reviewed By::Sarah Bauder
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Miles Franklin Company Info & Background

Founded in 1989, Miles Franklin (www.milesfranklin.com) is headquartered in Wayzata, Minnesota. It specializes as a precious metals investment company selling gold, silver, platinum, and palladium for retirement accounts and portfolios.

The catalog of products includes both precious metals coins and bars, some of which are IRA-approved. For collectors, there are numismatic gold options. Miles Franklin has a wide array of gold, silver, platinum, and palladium coins and bars that are eligible to be held in a Precious Metals IRA. 

 

Miles Franklin Management Team

Miles Franklin was founded by David Schectman and his son Andy, in 1989. On the company website, Andy is listed as the owner and president. David is listed as the CEO of Miles Franklin.

 

Miles Franklin Custodian and Storage

Custodial services at Miles Franklin are provided by New Direction Trust Company.

Secure storage is provided by Brinks International. Clients have a number of location options including Fully segregated facilities in Salt Lake City, Miami, Los Angeles, New York, Toronto, and Vancouver.

 

Miles Franklin Products

The Miles Franklin catalog provides an excellent selection of gold, silver, platinum, and palladium products. Both IRA-eligible bullion and numismatic gold coins are available, depending on client preferences. Some examples of items include the American Gold Buffalo, Gold Canadian Maple Leaf, American Gold Eagle, Palladium Canadian Maple Leaf, Australian Platinum Platypus, and Silver Eagle.

View more Miles Franklin products here.

 

Miles Franklin Precious Metals IRA Info

CompanyMiles Franklin
Annual CostVariable
Scaled or Flat Fees? Flat Fees
Partnered Storage VaultBrinks
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: Profile (Details)

Facebook: Profile (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

 

Miles Franklin
Miles Franklin - by, April 1, 2011
3.5/ 5stars
on
Miles Franklin
  • Editor Rating
  • Good
Review Summary :

Established in 1989, Miles Franklin has been one of the more popular precious metals investment firms in the country. Located in Wayzata, Minnesota, it offers a myriad of gold, platinum, silver, and palladium products for retirement savers and collectors, alike. Vault storage is provided by Brinks, with a number of location options. Miles Franklin has partnered with New Direction Trust Company as a custodian partner for Precious Metals IRAs. Unfortunately, the company website does not provide any prices for its products. Clients must call the toll-free number for pricing.

Have you purchased products from Miles Franklin? Leave a review!

Leave your rating

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