Newport Gold Group
Newport Gold Group is a new leader in the precious metals industry, founded in 2024 by experienced industry professional Cody T. Weselis. Despite being one of the newest players in the market, the company has quickly earned BBB accreditation and focuses on simplifying precious metals investing with a customer-first approach.
Pros & Cons
Pros
- ✓BBB Accredited Business with A rating
- ✓Competitive $10,000 minimum investment
- ✓Experienced leadership from industry veteran
- ✓Simplified precious metals investing process
Cons
- ✗Newer company with limited track record
- ✗Building customer review base
About Newport Gold Group
Newport Gold Group began operations in 2024, officially incorporating on February 3rd and launching nationwide services throughout 2025. Founded by Cody T. Weselis, who brings extensive experience from previous roles as Senior Account Executive and Sr. Director at other precious metals firms, the company represents fresh leadership in the precious metals industry.
Despite being one of the newest companies in the gold IRA space, Newport Gold Group quickly achieved BBB accreditation on September 25, 2025, earning an A rating. This rapid recognition reflects the company's commitment to ethical business practices and customer satisfaction from day one.
Newport Gold Group's mission centers on simplifying precious metals investing and helping clients diversify their investment portfolios with physical gold and silver. The company combines the founder's industry expertise with a modern, customer-focused approach that prioritizes education, transparency, and accessibility for investors at all levels.
What Does Newport Gold Group Offer?
- Gold IRA Services: Comprehensive assistance with setting up and managing self-directed IRAs backed by physical gold, with streamlined rollover processes from existing retirement accounts.
- Silver IRA Services: Self-directed silver IRAs offering portfolio diversification with physical silver investments.
- Direct Gold Purchases: Options to purchase physical gold including Canadian Gold Maple Leafs and American Gold Eagles for personal ownership or IRA accounts.
- Direct Silver Purchases: Physical silver products including Canadian Silver Maple Leafs and American Silver Eagles available for purchase.
- Precious Metals Portfolio Diversification: Expert guidance on incorporating physical precious metals into overall investment strategies.
- Simplified Investment Process: Streamlined approach to precious metals investing designed to remove complexity and confusion for new and experienced investors alike.
- IRS-Approved Products: Curated selection of gold and silver products that meet IRS requirements for inclusion in retirement accounts.
- Educational Resources: Guidance and information to help investors understand precious metals markets and make informed decisions.
Reputation
- ✓BBB Accredited Business: Achieved accreditation on September 25, 2025, demonstrating commitment to ethical business practices.
- ✓A Rating from Better Business Bureau: Strong initial rating reflecting customer satisfaction and business integrity.
- ✓Industry Veteran Leadership: Founded by Cody T. Weselis, who brings years of senior-level experience from established precious metals firms.
- ✓Rapid Market Entry Success: Despite being new to the market, quickly established credibility and BBB accreditation within the first year of operations.
- ✓Customer-First Philosophy: Built on principles of simplifying the investment process and prioritizing customer needs and education.
- ✓Modern Approach: Combines traditional precious metals investing with contemporary business practices and technology.
- ✓Growing Customer Base: Building a reputation through personalized service and transparent business practices.
- ✓Focus on Education: Emphasizes investor education and informed decision-making rather than high-pressure sales tactics.
Conclusion
Newport Gold Group represents an exciting new entrant in the precious metals IRA industry. While the company is newer compared to established players, this can be an advantage for investors seeking fresh perspectives and modern approaches to precious metals investing. The founder's extensive industry experience, combined with rapid BBB accreditation and an A rating, demonstrates serious commitment to building a reputable business. The competitive $10,000 minimum investment makes Newport Gold Group accessible to a broader range of investors. For those comfortable working with a newer company that brings industry expertise and a simplified, customer-focused approach, Newport Gold Group offers an attractive option. As the company continues building its track record, early adopters may benefit from personalized attention and a management team eager to establish long-term customer relationships.