Lear Capital Gold IRA Review: Costs, Benefits, Features and Services

When it comes to investing in precious metals, there are many options. These include gold bullion, coins, and exchange-traded funds (ETFs). One of the most popular options is to use a Gold IRA. 

Gold IRAs are Individual Retirement Accounts (IRAs) invested in physical gold instead of stocks or bonds. There are various factors to consider if you opt for a Gold IRA, including the company’s fees, customer service, selection of products, and security. 

In addition, it is important to understand the company’s background, its track record, and any complaints filed against it. To help you with this, we provide an in-depth review of Lear Capital, a leading provider of gold and other precious metals investments.  

Lear Capital Company Overview.

Lear Capital was founded in the year 1997, it has been based in Los Angeles, California since then and has come to be a leader in the metals industry in the United States. The company strives to win fresh customers and maintain existing ones by giving outstanding service. 

At Lear Capital, one can purchase, sell, and exchange real gold, scarce coins, silver, and bullion. Consumers have continually selected Lear Capital as their preferred option for precious metal investments. 

Lear Capital has been helping its patrons to create precious metals IRAs for over two decades and has completed deals with a total value of upwards of $3 billion. They offer IRA With Delaware Depository, you can invest in precious metals at a small fee and safeguard your IRA investments.

Lear Capital Gold IRAs Investment

Gold is a tangible asset not subject to the same volatility as stocks and bonds so it can provide essential insurance against risk in an otherwise uncertain market. Gold tends to hold its value or even increase when other markets are declining.

In addition to the hedge it can provide against the volatility of traditional investments, gold also offers the potential for a higher rate of return. Over the long term, gold has a higher rate of return than many stocks and bonds. It can be a great addition to a diversified retirement portfolio.

Gold is also ideal for those looking to reduce their taxes dramatically. With a gold IRA, you can avoid the capital gains taxes that normally apply when you sell stocks and bonds. This can help you accumulate wealth over time, which can be very valuable during retirement.

Finally, when you are ready to retire and withdraw funds from your Gold IRA, you can physically possess your metals or liquidate your account. This flexibility can be beneficial compared to traditional retirement accounts that may only allow for cash distributions.

Why You Should Invest in a Gold IRA with Lear Capital 

Lear Capital motivates its customers to put money into precious metals by selling gold, silver, and other IRS-approved IRA coins. Lear Capital is dedicated to customer service by providing each customer with a specialist to assist them in the investment process.

This is a unique service provided by Lear Capital to ensure the utmost customer satisfaction. Lear has received more than 1,000 reviews on Trustpilot and has a rating of 4.9. The simplicity of the service and the thoroughness with which the staff explains investment alternatives to customers come up frequently in their feedback.

To start investing with Lear Capital, you must open an IRA Precious Metals Account through their in-house Individual Retirement Account (IRA) Processing Department. Once the account is initiated, the company will collaborate with your current IRA to transfer funds.

When you purchase any asset, it’s important to keep an eye on how your portfolio is doing. Doing this allows you to determine if your approach is successful, if you should redistribute your investments, or if any changes need to be made to your investing scheme.

When you create an account with Lear Capital, you’ll have access to a digital account where you can monitor the worth of your metals in real-time.  You’ll be sent a paper statement to your house quarterly allowing you to analyze your portfolio’s progress.

What is the Process?

Lear Capital offers a hassle-free way to diversify your portfolio with Precious Metal IRAs. The initial step is to open an account, which won’t take more than 10 minutes. Every new customer is assigned a personal representative who can assist them with the application process. 

Approval is usually done within 24 hours, in addition to this customers can then choose from various gold, silver, and other coins that adhere to IRS guidelines. Real-time prices are available on the website with accompanying pictures for easy comparison. You will be given 10 minutes to complete your order at the given rate before the price alters. 

Once you have submitted your order, you have up to 48 hours to complete payment, which can be done via wiring or mailing a check. The latter option takes longer, so Lear Capital prefers customers to wire the money. 

After the coins have been purchased, you must sign agreements for shipping and related transactions to ensure delivery or deposit in the Brinks Coin Depository.

Lear Capital Offer Fees & Pricing 

Lear Capital charges a one-time setup and maintenance cost of $280 for the initial year and an annual fee of $200 for select self-directed IRAs. However, these fees change depending on the transaction price. 

For those who spend at least $75,000, Lear Capital waives any setup and storage fees for the first, second, and third years. 

The least amount to be invested at Lear Capital is currently $25,000. Whether this amount has changed has not been specified on their website. When customers are ready to make the final purchase, their specialist will estimate all fees and taxes. 

Consumers purchase required Minimum Distributions of Precious metals because of their enduring intrinsic worth. Despite the state of the economy, the value of precious metals can hold or even rise. A conventional IRA, on the other hand, can lose value in a recession. 

To protect against market risks, gold, and other precious metal IRAs are available for investment at Lear Capital. A Precious Metals IRA can provide you with a choice not accessible with conventional retirement accounts when you are ready to retire and withdraw money: the ability to physically retain your metals for subsequent distribution. 

The option to sell your account is also available. However, doing so will expose you to yearly Required Minimum Distributions (RMD). The RMD at Lear Capital has been listed below in the table for your convenience: 


IRA Amount (in 1000s)

Estimated Distribution (USD)














One of the things that complicate investing in precious metals is where to keep your metal. If you have a large portfolio, it can take up a lot of room. You also want to ensure that your investments are safely and adequately stored.

Lear Capital stores all its customers’ metals at the Delaware Depository and covers every metal shipment to and from the depository. Modern security technologies are installed at this facility to assure the safety and security of your assets. 

The Delaware Depository in Salt Lake City, Utah, is fully insured by Lloyds of London, a well-known and reliable international insurance company. All items stored in the Depository are guaranteed to be protected in case of any damages or losses. 

The policy also includes liability coverage in the event of any legal action taken against the Depository or its staff as a result of damage or theft. 

Pros & Cons

When determining which company to invest with, it is important to learn about the advantages and disadvantages of choosing that company. We have listed down the pros and cons of Lear Capital to help you make an informed decision. 


  • Fixed-price agreement.
  • You can make an account quickly and easily.
  • Transactions are swiftly finished without pressuring the client.
  • Online purchase is made easy for customers with 24-hour services.
  • There are no tax penalties associated with transferring funds 
  • Excellent and efficient customer service.
  • Every customer gets a personal representative.


  • If you just have a modest amount, fees can be exorbitant.
  • There are very few investing alternatives to gold and silver 
  • They charge storage fees which might not seem sensible to some.
  • There is a minimum requirement for purchases
  • Without the help of a representative, you cannot create an IRA account.

What Other Companies Are Best For Precious Metal Investments?

When it comes to making precious metals investments, many people choose to partner with Lear Capital. However, there are other companies that are also great options for those looking to buy precious metals. These companies include Kitco Metals, BullionVault, and APMEX. Each of these companies provides a variety of options for precious metals investing, including gold, silver, and platinum.

Additionally, these companies provide an IRA custodian service so that investors can include precious metals in their retirement portfolio. If you are considering buying precious metals, it’s worth doing your research to choose the best company for your needs. You can explore the options by visiting the Lear Capital website or the websites of the other companies mentioned above.

Lear Capital Ratings, Complaints, and Customer Reviews

Thank you for choosing Lear Capital. As one of the leading investment companies in precious metals and IRA funds, Lear Capital also takes pride in delivering exceptional customer service. If you’re looking for a reputable company to deal with, choosing Lear Capital would be an excellent decision.

Lear Capital’s website offers a wide range of investment options and educational resources that can help you make informed decisions. If you ever have any questions or concerns about dealing with Lear Capital, their customer service team is readily available to assist you.

Lear Capital values feedback and always strives to improve its service based on its customers’ suggestions. If you’ve had a positive experience with Lear Capital, please leave a kind review to share your experience with others.

Final Verdict

Lear Capital strives to make the investment process as simple as possible by assigning a personal representative to each of its customers to aid them in fully understanding the application and transaction processes.

One of the great features of Lear Capital is the ability to purchase and ship precious metals directly to customers’ homes. They guarantee smooth transactions and even offer a buy-back program without fees. The professional staff at Lear Capital is always on hand to assist customers in understanding the transaction and answering any questions they may have.

Overall, Lear Capital is a great choice for investing in precious metals. Their long-standing reputation for reliability and customer service makes them an excellent choice for anyone looking to invest. 

Related Posts