Company: Goldco, Calabasas, CA
Company Description: Founded in 2006, Goldco is a privately held company in the Los Angeles area specializing in wealth and asset protection with physical gold and silver. It offers customers, who are interested in diversifying their retirement portfolios, the chance to open precious metal retirement accounts. Investors can also purchase precious metals for non-retirement purposes.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Fastest Growing Company of the Year - Up to 2,500 Employees
 Nomination Title: Goldco
- Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the achievements of the nominated organization since January 1 2022, OR written answers to the questions for this category? (Choose one):
Written answers to the questions
- If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.
- If you are providing written answers for your submission, you must provide an answer to this first question: Briefly describe the nominated organization: its history and past performance (up to 200 words):
Total 101 words used.
Goldco was founded by Trevor Gerszt, who developed a passion for precious metals as a child growing up in South Africa. Our mission is clear: to offer Americans alternatives to diversify their IRAs, 401(k)s, and other retirement accounts from market volatility and inflation that could erode their savings irreparably. The success of Goldco can be attributed to its strong customer service culture and commitment to educating individuals about alternative options to safeguard their retirement savings. Over the last decade, Goldco has become the top precious metals dealer in the US, overseeing the placement of over $2.5 billion in precious metals.
- If you are providing written answers for your submission, you must provide an answer to this second question: Outline the organization's achievements since the beginning of 2022 that you wish to bring to the judges' attention (up to 250 words):
Total 247 words used.
Goldco has experienced exceptional growth, establishing itself as the largest precious metals company in the country.
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Revenue Growth: Achieving over 245% revenue growth, the company has placed precious metals worth over $2.5 billion for nearly 40,000 individuals. This success is recognized by Goldco's #320 placement in the INC 5000 Fastest Growing Companies list and #45 in the INC 5000 Fastest Growing Regional Companies list.
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Customer Acquisition Growth: Customer acquisition has surged by over 58% since the beginning of 2022, driven by heightened interest in safeguarding life savings amidst global uncertainties. Goldco also witnessed a 20% increase in additional purchases from existing customers and referrals.
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#1 Rated for Customer Service: Goldco's commitment to exceptional customer service is evident through its #1 rating and recognition as the Best Customer Service by Money.com. Goldco is the only precious metals provider with over 5,000 five-star reviews and stands out for its friendly services, extensive educational resources, ethical reputation, and the largest inventory of precious metals products.
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Employer of Choice in the Precious Metals Industry: Goldco has tripled its workforce while maintaining a family-oriented culture. With a remote workforce, the company plans regular in-person and virtual events along with local team outings and activities.
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Deployment of Agile Inventory & Operations Platform: Precious metals inventory management & fulfillment is a complicated process, but with a strong development team, Goldco deployed an Agile Inventory & Operations Platform that has significantly streamlined order fulfillment, reducing time and resources by nearly half.
- If you are providing written answers for your submission, you must provide an answer to this third question: Explain why the achievements you have highlighted are unique or significant. If possible compare the achievements to the performance of other players in your industry and/or to the organization's past performance (up to 250 words):
Total 162 words used.
Goldco takes pride in being the largest precious metals company in the U.S., a sentiment echoed by our satisfied customers who have given us more than double more positive reviews than our closest competitor. While others in the precious metals industry faced challenges like market fluctuations, layoffs, or closures, Goldco not only weathered these challenges, but experienced rapid growth and expanded its operations.
Goldco’s collection of industry awards and accolades underscores its unwavering commitment to excellence. What sets Goldco apart is its carefully curated and unbiased educational video and resource libraries, providing valuable insights for its customers. Recognized by Money.com for "Best Customer Service," Goldco's A+ grade from BBB and over 5,000 five-star glowing reviews on BBB, Google, and TrustPilot emphasize Goldco’s high standards for customer satisfaction.
Goldco stands out from other precious metal providers for its resilience, customer-centric approach, and industry leadership, making Goldco the preferred partner for individuals looking to protect their savings with precious metals.
- You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):
Total 61 words used.
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