Lear Capital Reviews

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About Lear Capital

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.

Visit www.learcapital.com
Pros
  • In business a relatively long time
  • Transparent pricing
  • Full-service gold dealer
  • 24-hour risk-free purchase guarantee
Cons
  • Website can be hard to navigate
  • Only one depository option

Helpful Reviews

Keller, VA
Verified purchase
Lear Capital staff explained the purchasing process for all precious metals in a very professional manner, making it easy for even a simple person like me to understand. I think L...

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Leland, NC
Verified purchase
I was very satisfied with the customer service that Lear Capital provided to me when I purchased an on-line silver order. Lucy answered the questions that I had when I used PLAID ...

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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.

What is 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

Did Lear Capital file for bankruptcy?

Yes, Lear Capital filed for bankruptcy in 2022 and completed a Chapter 11 reorganization in 2024. The company continued to operate during the bankruptcy process and restructured its finances as part of the reorganization. Following the reorganization, Lear Capital made changes to improve transparency and customer experience. Since those changes, its customer reviews have become more positive.

At the time of the filing, the company was being investigated by state securities regulators for deceptive practices and misleading marketing. As part of a settlement, it agreed to pay $5.5 million to compensate investors affected before the restructuring.

Still have questions?

Is Lear Capital legit?

Working with Lear Capital to diversify your investment portfolio can be a smart choice if you want multiple options for investing in precious metals. It offers bullion, numismatic coins and self-directed IRAs. 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.

Lear Capital Reviews

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    3 featured reviews
    How do I know I can trust these reviews about Lear Capital?
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    Page 1 Reviews 0 - 5
    Verified purchase
    Customer ServiceStaff

    Reviewed July 21, 2026

    Derek ** is the senior account executive who worked with me throughout the process that led to my purchase with Lear Capital. He was professional, friendly and knowledgeable about the industry to fully answer my inquiries and further explain to educate me in order for me to make an informed decision that best fit my investment needs and goals. I should add that he was also patient throughout the process of multiple phone calls and questions. I am confident in my decision to invest with Lear Capital. As a matter of fact, I have already referred someone to Mr. ** and am going to refer someone else this week. Thank you Mr. ** and Lear Capital! Julia

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    Lear Capital
    Response from Lear Capital

    Julia, thank you for taking the time to share such a thoughtful review! We appreciate hearing that Derek was professional, friendly, and knowledgeable and that he was able to help inform you so that you can meet your goals. Thank you for your referrals and thank you for partnering with Lear Capital.

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      Verified purchase
      CoveragePriceStaffRates

      Reviewed July 17, 2026

      Mr. Dmitri **, Senior Account Executive is an excellent representative of Lear Capital LLC. Dmitri guided me through a precise step-by-step process of selling my gold bars after a very competitive price offer, to Lear Capital. This was my first experience with selling my gold and I was apprehensive about putting my gold in a box and sending it off to any company. Dmitri reassured me that Lear Capital is a highly reputable company and that my gold was fully insured during the shipping process. Everything went exactly as Dmitri said that it would. I'm extremely pleased and have received my check from Lear Capital and deposited it into my bank account. I will do business with Lear Capital again and highly recommend them to family and friends.

      Thanks for your vote!
      Lear Capital
      Response from Lear Capital

      David, thank you so much for sharing your gracious feedback. We are thrilled to hear that Dmitri was helpful, informative, and reassuring and that he was able to ease anxiety about parting with your precious metals. Thank you for your recommendation and thank you for partnering with Lear Capital!

      Verified purchase
      Customer ServiceStaffRates

      Reviewed July 2, 2026

      Working with Joanne was an outstanding experience from beginning to end. She was professional, knowledgeable, patient, and took the time to explain every step of the rollover process in a way that was easy to understand. She answered all of my questions thoroughly and made me feel comfortable and confident with my decision. Thanks to Joanne’s guidance, the entire process of rolling over my 401(k) to Lear Capital was smooth, straightforward, and stress-free. I truly appreciated her excellent communication, attention to detail, and genuine commitment to making sure everything went seamlessly. I am very happy that I chose to rollover my 401(k) to Lear Capital, and I highly recommend both Joanne and Lear Capital to anyone considering their retirement investment options. Based on my experience, they have earned my trust and my highest recommendation. I gladly give Lear Capital a 5-star rating!

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      Lear Capital
      Response from Lear Capital

      Angela, thank you for taking the time to share your wonderful feedback! We love hearing about how Joanne was professional, knowledgeable, patient, and walked you through the whole process of rolling over your 401(k). We value your trust and your recommendation. Thank you for choosing Lear Capital!

      Verified purchase
      Staff

      Reviewed July 1, 2026

      I was very confident and pleased to work with Lear Capital. They were professional, efficient and dependable. The only problem that I have with Lear is their fiduciary bank, Equity Trust. As I write this review, I still have not received my money from my IRA transferred over to another bank since April 29th. I have had nothing but aggravation, trouble, repetition and poor, untrained personnel. It is because of Equity Trust that I am leaving Lear Capital to a bank that does not deal with Equity Trust.

      Thanks for your vote!
      Lear Capital
      Response from Lear Capital

      Diane, thank you for taking the time to share your feedback with us. While we are happy to hear that our team has been helpful and professional, we are sorry that Equity Trust has been frustrating to work with. We are sharing your comments with our executive team, and we'd be happy to do anything else to serve you in the transfer: CustomerCare@learcapital.com or 1-800-885-5327.

      Verified purchase
      Staff

      Reviewed May 13, 2026

      Brad ** is our contact at Lear, and he did an outstanding job assisting my wife and me with our first purchase of precious metals. His advice was clear and concise without be pushy or overbearing! Since that time, he has been very responsive and attentive to our needs, even though we are certainly not one of his biggest customers, and I always feel like I am being appreciated when I work with him. He is a credit to your company, and I just want to take a minute to acknowledge his excellent work on our behalf. Rick **, Albuquerque

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      Verified purchase
      Staff

      Reviewed July 14, 2026

      This was my second experience purchasing through Lear Capital. The representative was extremely friendly, like he lived next door instead of across the entire country. He made sure to stress that my purchase should be considered as a long-term hold, which is an important statement. He also disclosed the commission percentage, which is simply excellent service. It was a great experience.

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      Lear Capital
      Response from Lear Capital

      J, thank you for sharing your enthusiastic review! We love to hear that your representative was personable, helpful, and honest and that you had a great experience with him. Thank you for partnering with Lear Capital!

      Verified purchase
      Staff

      Reviewed July 8, 2026

      I first purchased silver from Lear Capital December 2025. My advisor Darius **, made it so easy that I returned today July 2026 to make another purchase. This company clearly explains everything that will take place during the transaction and completely answered all my questions. I will not boubt be an many time over repeat customer.

      Thanks for your vote!
      Lear Capital
      Response from Lear Capital

      Linda, thank you for sharing your encouraging experience! We are thrilled that Darius made the process easy and answered all of your questions and that you are now a returning customer. Thank you for partnering with Lear Capital!

      Verified purchase
      Staff

      Reviewed July 8, 2026

      Peter ** is the representative I have dealt with at Lear Capital on several occasions. He has always been very helpful in providing information and assisting me as I determine the appropriate investments to make in precious metals. He has proven to be very professional and knowledgeable and, in my opinion, he is a real asset to Lear Capital.

      Thanks for your vote!
      Lear Capital
      Response from Lear Capital

      Stephen, thank you for taking the time to share your encouraging feedback! We are thrilled that you have found Peter to be helpful, professional, and knowledgeable. Thank you for partnering with Lear Capital!

      Verified purchase
      Customer ServiceStaff

      Reviewed June 25, 2026

      Lear Capital and Dimitri….beyond superb. Everything was explained completely and succinctly and I didn’t hang up second guessing my decision. When this kind of customer service is extended to someone like me who spent a mere 5K on silver, that says something about a company. I know that is not even a “drop in the bucket” for a large corporation but still u was treated like a million dollar investor. Will highly recommend and won’t buy anywhere else. Thank you Dimitri and Lear Capital!!!

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      Lear Capital
      Response from Lear Capital

      Denise, thank you so much for taking the time to share your enthusiastic review! We love hearing that you felt well taken care of and that Dmitri was helpful and knowledgeable for you. Your recommendation means so much! Thank you for choosing Lear Capital.

      Verified purchase
      Punctuality & SpeedStaffHonesty & Transparency

      Reviewed June 24, 2026

      DimitriDimitri's walked me in trust and truth. I don’t Trust anybody With my life saving; great, glory to god; he got me through. Now waiting for my reward. Live easy and happy, very excited on the outcome. The investment I expect it to be a lot more. I must be dreaming. Dimitri sounds like an angel. Truthful, knowledge, good friend, helpful. No lies or else I would have walked away has whole plan.

      Thanks for your vote!
      Lear Capital
      Response from Lear Capital

      Frank, thank you for your enthusiastic words about your experience. We love hearing that Dmitri was truthful, knowledgeable, helpful, and personable and that you are so happy with your investment. Thank you for choosing Lear Capital.

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      Lear Capital Company Information

      Social media:
      Company Name:
      Lear Capital
      Company Type:
      Private
      Year Founded:
      1997
      Address:
      1990 S. Bundy
      City:
      Los Angeles
      State/Province:
      CA
      Postal Code:
      90025
      Country:
      United States
      Website:
      www.learcapital.com