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About Lear Capital Reviews
Lear Capital has been involved in the precious metals industry since 1997, and it's now completed more than $3 billion in transactions. It can help you buy, sell and trade bullion, rare coins and physical gold and silver. It also offers a Price Advantage Guarantee for added transparency.
Pros & Cons
- In business a relatively long time
- Transparent pricing
- Full-service gold dealer
- 24-hour risk-free purchase guarantee
- Website can be hard to navigate
- Only one depository option
Lear Capital lets you invest in precious metals through IRAs, bullion or rare coins. IRAs cost a relatively low flat fee, and your IRA investments are secured by Delaware Depository.
Ordering silver today was an easy process and a positive experience. Although I was unsure of what kind of silver to buy, Brad make me feel like I made the right choice and that i...Read full review
I couldn’t be happier with my experience. Morrey answered all of my questions and explained things thoroughly. He was very professional and personable, and the best part was that ...Read full review
Gold IRA disclaimer
Gold and other precious metal IRAs are an investment and carry risk. Consumers should be alert to claims that customers can make a lot of money in these or any investment with little risk. As with any investment, you can lose money and past performance is not a guarantee of future performance results. Consumers should also obtain a clear understanding of the fees associated with any investment before agreeing to invest.
About Lear Capital
Lear Capital can help you diversify your investment portfolios with precious metal bullion (coins and bars by weight), numismatic coins and precious metal IRAs. To help you make informed decisions, Lear Capital also provides real-time guidance and access to daily and weekly updates.
How does Lear Capital work?
Establishing a precious metals IRA with Lear Capital is a convenient way to diversify your portfolio. To begin, a dedicated account team member walks you through the application process, which takes about 10 minutes to complete. Once the application is processed and approved, your account is set up within 24 hours.
Lear Capital then reaches out to your current IRA custodian on your behalf to arrange for the tax-free rollover of your funds. The funds are transferred via bank wire and deposited into your new precious metals IRA.
You can then arrange to buy precious metals for your IRA. Lear Capital offers a three-step Price Advantage Guarantee for every transaction, which provides you with a written account agreement, a phone confirmation and a written confirmation. All IRA metals are stored in an IRS-approved vault courtesy of Delaware Depository. The metals are backed with a comprehensive insurance policy from Lloyd’s of London, too.
Lear Capital products and services
Lear Capital offers a variety of products and services, including:
- Self-directed IRAs: You can transfer funds or roll over portions of an existing IRA into a precious metals IRA. Your physical metals are stored in a private storage facility, but you get the same tax advantages as you would with a normal IRA.
- Precious metals: You can buy rare coins and gold, silver and platinum bullion (including IRA-eligible products) on Lear Capital’s website. However, its online store is down at the time of publishing.
Lear Capital also has a comprehensive resource library that includes a precious metals encyclopedia, market charts and free guides on precious metals and retirement accounts.
Lear Capital cost
Lear Capital charges a flat $200 annual fee for self-directed IRAs and no other fees. This includes storage, insurance and 24/7 account access online. Pricing for individual gold, silver and platinum products varies over time, so it’s a good idea to check Lear Capital’s website or call to see the latest information.
Lear Capital FAQ
Which coins are IRA-eligible?
A full list of Lear Capital’s IRA-eligible coins can be found on its website. In general, gold bullion must be at least 99.5% pure, silver bullion must be 99.9% pure, and platinum bullion must be 99.95% pure.
How can I track the performance of my Lear Capital portfolio?
With Lear Capital, your IRA custodian, Self Directed IRA Services, Inc., will offer a website with 24/7 access to your portfolio’s performance. Lear Capital also provides quarterly statements that can be mailed directly to your home address.
Where are my metals stored with Lear Capital?
Lear Capital stores client metals with Delaware Depository, which is an IRS-approved depository. The depository also provides a comprehensive insurance policy underwritten by Lloyd’s of London.
Can I make contributions to my Lear Capital account?
Yes, you can set a recurring schedule to have your contributions automatically transferred into your precious metals IRA.
Is Lear Capital legit?
Working with Lear Capital to diversify your investment portfolio can be a smart choice. It offers bullion, numismatic coins and self-directed IRAs, so you have multiple options for investing in precious metals. Lear Capital also provides market data, insights and price notifications to help you protect and grow your investments, and this info is important if you want to be an active investor.
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Reviewed Sept. 1, 2023
I was exceptionally pleased with the service I received from Lear Capital's Senior Account Executive, Dmitri **. He was highly professional and very patient with me (a new client) while explaining and answering questions concerning the investment options. I have no reservations regarding Lear Capital's professionalism and integrity with my money! Dmitri also remained in contact with me through email notifications when my investment was in transit and when it was anticipated to arrive, and I received my package in a timely manner. I am pleased to have an account with Lear Capital. I will continue to do business with them! I have full confidence in this company and have every intention of sharing my experience with family and friends! Thank you!
Amalia, thank you for your kind words about Dmitri! We love hearing that our team was personable and professional in getting you helpful information and a smooth transaction. We appreciate you taking the time to share your positive experience with us! Thank you for choosing Lear Capital.
Reviewed Aug. 2, 2023
I was very pleased with my first precious metal purchase from Lear Capital. Ashley was very helpful. We discussed why I was interested in making a purchase and reviewed a number of options with me. After my decision the transaction went as he described. He kept me informed at each step of the process. I plan to contact when I am ready to make another purchase.
Tim, thank you for your kind words about Ashley! We are glad he was able to provide helpful and thorough information for your investment decisions, and we appreciate you sharing about your positive experience. Thank you for choosing to partner with Lear Capital.
Reviewed June 13, 2023
As a first time buyer of precious metals, and with so many advertisers out there, selecting Lear Capital became an easy choice after talking with my representative (Todd **). Todd explained everything in simple terms and without any pressure or hype. I placed an order with Lear the following week and followed up with a second order a month later. The email newsletter and information we receive help me and my family with our retirement and savings plans with more confidence and faith knowing we're invested in real currency. We trust Lear Capital completely and we confidently recommend Lear to friends and family with similar interests. Owning real gold and silver provides a genuine feeling of security amid all of the crazy financial news of the day.
Bob, thank you for taking the time to share your positive experience with us! We are glad that Todd was helpful and informative in your investment process, and we appreciate your encouraging words. Thank you for choosing to partner with Lear Capital!
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Reviewed April 7, 2023
I was looking to buy gold and silver I called three different bullion dealers after speaking with Adam at Lear Capital, I felt very comfortable with Adam. He answered all my questions and concerns about purchasing gold and silver. I informed him that I was looking for gold and silver for investment, and also to barter with, and he made a suggestion to me on what to purchase, I was very happy with his recommendation, and went with it. He kept me informed of all the process when he received my check. When my order was being processed and when it was shipped. He called me a couple days later to make sure I received my order and that everything was as discussed in our original phone conversation. I would recommend Lear Capital to family and friends. Thank you Lear Capital and thank you Adam for your recommendations in my purchase.
Mark, thank you for sharing such a helpful testimonial of your experience with us. We are happy to hear that Adam provided such personable, knowledgeable and up-to-date communication throughout your investment process. Thank you for choosing Lear Capital!
Reviewed March 23, 2023
This was my first experience buying gold. Maxwell ** made immediate contact after my inquiry. Being a low income first time investor I was treated with respect in a friendly manner that made the experience pleasant. I was surprised and relieved as I half expected to be treated as a peon poor customer. Contrary! Maxwell's genuine concern and professionalism guided me through the process and followed up politely with my concerns. He explained my options and completed my transaction quickly to my satisfaction. Thank you for honoring the promotion of providing the ounce of silver bonus which was highly attractive for a first time buyer. I hope to do more business with Lear as my financial circumstances change.
Patricia, thank you for your kind words about Maxwell! We are pleased to hear your experience of receiving personalized, respectful service from our team. Please don't hesitate to reach back out to Maxwell or our customer care team with any future questions: CustomerCare@learcapital.com or 1-800-885-LEAR(5327).
Reviewed March 1, 2023
I am a newbie metals customer feeling very pleased. My risk/reward spreadsheet for this purchase based was on 1) laser focused information provided at the time of this order, and 2) what I can see to be a perfect customer-to-metals match. At order time, the review of past and near-term historical factors (of which there is an array) set the stage to move forward right away – at lightning speed given the task at hand. I may still have a few questions for the sake of clarity but, feel confident that Lear is a great choice for my needs.
Peggy, thank you for your helpful and kind review about your experience with Lear Capital! We are glad to hear that you received informative knowledge for your investment decisions. Please don't hesitate to reach out to your account executive or our customer care team with any other questions! CustomerCare@learcapital.com or 1-800-885-LEAR(5327). Thank you for choosing Lear Capital.
Reviewed Feb. 15, 2023
I have more than 50 Years experience developing customer and employee relationships. MORREY **'S APPROACH TO NEW CUSTOMERS IS MAGIC. As a novice to precious metals, he walked me through this process step by step answering all my questions and concerns. I'm not only comfortable with the new account, but it feels like I have a new friend and work partner. I will recommend him to all my friends.
Jeff, thank you for your encouraging words about Morrey! We love hearing your enthusiasm for the communication and care you received from our team, and we appreciate you taking the time to share. Thank you for choosing Lear Capital!
Reviewed Sept. 18, 2023
If you're interested in buying or investing in precious metals, such as gold, silver, platinum, or other rare metals, I recommend consulting with this financial advisor Morrey ** with expertise in this area. He can provide you with up-to-date information on market trends and help you make informed decisions based on your specific goals and budget. Additionally, be sure to do thorough research and consider factors like purity, authenticity, and storage options before making any purchases. 100% approved for me!
Fernando, thank you for taking to share such kind words about Morrey! We are happy that he provided knowledgeable information and helpful assistance in your transaction, and we are pleased that you had a good experience with your account executive. Thank you for choosing Lear Capital.
Reviewed Sept. 18, 2023
I love the fact that Morrey ** is so personally involved in the transactions. He phones regularly to let me know what is going on in the market or if it is a good time to buy. Excellent customer service. Will be investing with him for years to come. I highly recommend Lear Capital.
Kelly, thank you for your encouraging words about Morrey! We love hearing another story of his attentive and informative service, and we appreciate you taking the time to share. Thank you for choosing to partner with Lear Capital!
Reviewed Sept. 18, 2023
I am very please with my order. Morrey is always so helpful, providing great service and information to me when ordering product. I trust his judgement and recommendations completely. I also really appreciate that he stays in contact with me while the order is in transit keeping me updated. Thank you!
Buffy, thank you for your kind words about Morrey! We are pleased that he has been responsive and professional in your interactions, and we appreciate you taking the time to share your experience. Thank you for choosing Lear Capital.
Reviewed Sept. 12, 2023
I was very happy with the way all aspects of the multiple purchases was extremely easy. The upfront knowledge of the world of precious metals was made very understandable to myself. Thank you. The process of keeping me updated on when the package would ship and arrive to my address was excellent. The communication was a big part of my second order. Thank you again.
Gary, thank you for taking the time to share your experience with us! We are pleased that you received good communication and valuable information from our team. We truly desire to make your transaction as seamless and stress-free as possible, because we take seriously the value of your investment. Thank you for choosing to partner with Lear Capital.
Reviewed Sept. 11, 2023
I have had a personal connection with Dimmitri since my last purchase of silver rounds. I also sold back my silver snow falcons. The experience was based on an initial counsel to reconsider my idea of selling at a low price that was well received. When I was forced to sell, I was given the respect of my decision and the service was continually excellent. I believe he has a personal touch that makes me want to come back when my situation changes financially. Thanks for asking me for my opinion.
Mark, thank you for your kind words about Dmitri! We're sorry that you had a need to sell at such a time, but we are glad that our team was able to process the transaction for you. We hope things work out well for you in the long run. Thank you for choosing Lear Capital.
Lear Capital Company Information
- Social media:
- Company Name:
- Lear Capital
- Company Type:
- Year Founded:
- 1990 S. Bundy
- Los Angeles
- Postal Code:
- United States