Lear Capital Review – Gold Investing for Your Financial Future

In times of economic uncertainty, investors are always looking for ways to protect their wealth. One of the more common ways to do this is to purchase precious metals like gold and silver. Many people take this a step further and use physical metals as a way to back a self-directed IRA.

Buying precious metals and investing in an IRA is a relatively safe way to invest, but you have to make sure that you are working with the right company. There are many companies out there that precious metal investors can work with, but many of them aren’t trustworthy.

One company that offers these services is Lear Capital. Does this company stand out in the precious metals industry as a good option? Do we highly recommend Lear Capital? Let’s take a look at Lear Capital, Inc. to find out more.

Lear Capital – An LA Company Selling Precious Metals

Lear Capital was founded in 1997 and is a very well-known company in the precious metals industry. Not only is Lear Capital a company that has managed more than $3 billion in transactions, but it also has rave reviews in regard to customer service and client relationships.

Those who are interested in precious metals can buy, sell, and exchange gold, silver, and platinum coins through Lear Capital, and you can invest in a precious metals IRA as an alternative to traditional IRAs.

Lear Capital advertises a “Price Advantage Guarantee,” which includes a written agreement from the company as well as both a phone and written confirmation. This helps to ensure that you know exactly what you are buying, what it costs, and when you will receive it. This type of written account agreement just isn’t the norm in the precious metals industry.

Why Does Lear Capital Stand Out from Other Companies?

Lear Capital has a wide range of products available, specifically gold, silver, and platinum physical metals. You can also get a Lear Capital gold IRA. Here are some more specifics:

Rare Coins for Collectors

One of the first things I noticed when I was looking at Lear Capital’s website is that they have a lot of premium coins available. These are coins that collectors will really appreciate, and also good for investment portfolios. Just keep in mind that they may not be eligible for a gold IRA, if that’s all you are looking for.

Gold and silver investments outside of specific IRA metals may also be a good option for your investment or retirement portfolio, though. You just can’t specifically put them in your IRA account.

Gold IRA Accounts

If you want a gold IRA, you can talk to a Lear Capital representative to get started. Lear offers a full-service precious metals IRA for those who want to rollover their existing retirement accounts or start a new self-directed IRA that is backed by gold and other precious metals.

The team is very hands on as you work through the easy process, and they will help with everything from filling out the paperwork and helping to coordinate the rollover to assisting with choosing physical gold bars, silver bars, coins, and more for the account.

Choosing Lear Capital for a gold IRA also allows you to access educational content, which includes videos, articles, and planning guides. They also have a free investor kit, which explains the gold IRA investment process.

Safe and Secure Storage

When you buy precious metals, like gold bullion, for a gold IRA account, you need to store it in an IRS-approved depository. Lear Capital has partnered with Delaware Depository, a well-known and highly respected depository. It is IRS-approved, it has been in operation since 1999, and it is covered by a comprehensive insurance policy underwritten by Lloyd’s of London.

Like most reputable gold companies, Lear Capital ships the metals to the depository for you, and every shipment is tracked and insured.

Historical and Real-Time Price Charts

Another thing that really stands out for investors aiming to invest is that Lear Capital has a wonderful price tracking tool on its website. It’s one of the best we have seen and it has features like 24-hour spot price charts for gold, silver, and platinum, both 30-day and 12-month price trends, a 10-year historical overview, and a section called “Bulls and Bears Since 1968,” which maps cycles over decades.

Lear Capital Price Notifications App

For those who want to know prices to capitalize on market fluctuations, Lear Capital also has a Price Alerts app. You can download this on both iOS and Android, and it allows you to get custom price alerts for gold, silver, platinum, and palladium. You can also get email notifications when metal prices hit a certain threshold, and you can track price movements. Those who like to buy during price dips will certainly appreciate this as they work towards their investment goals.

Sell Coins and Bars When You Need to Liquidate

Purchasing metals always comes with a caveat — how do you get rid of them if you need to? Lear Capital offers a solution. You can sell your metals to Lear Capital for a fair price, and with their professional service, you you know that there will not be any hidden fees and you will always get helpful communication through the process.

Precious Metals Encyclopedia

Another thing that really stands out about Lear Capital is the Precious Metals Encyclopedia the company has. It’s like a virtual catalog that has images, historical information, and much more.

Education for Investors

Something that really sets the best apart from the rest when it comes to precious metals companies is the educational resources that are available for customers.

There is an active blog on the site, which also shares the latest news in the precious metals industry. They feature everything from breaking news and market insights to investment tips and inflation indicators. Anyone can access this- you don’t have to be a customer.

There is also a full learning center that shares information about the history of precious metals, as well as the benefits and risks of precious metals investing.

Lear Capital also has a video series available, which features videos explaining investments, company policies of Lear Capital, and information about the gold and silver acquisition process.

Opening a Gold IRA with Lear Capital

One thing that’s really great about Lear Capital is how easy it is to get the process going. I called Lear to learn more, and there is a simple three step process to open a gold IRA.

Step 1 – Fill Out the Online Form

You can start the process of setting up an IRA on the Lear Capital website. It is a simple form and only requires your name, contact info, and basic details. The account executive you work with will need all of the information on the form to start your IRA.

Step 2 – Fund the IRA

When your form is submitted, a member of the Lear Capital team will contact you to guide you through the setup. You will need to either rollover funds from your existing retirement accounts, or use your bank account to make the initial deposit.

The initial deposit amount typically takes a few days to get into the new account, but it’s always in a timely manner and you can expect a smooth transaction. Keep in mind that there is a minimum investment of $10,000 for an IRA and $5,000 minimum if you only want to buy gold or silver for investments. This is common for most reputable companies in the industry.

Step 3 – Choose Your Metals

Finally, as soon as the account is funded, you can invest in IRS-approved gold, silver, and platinum products. The account representative you work with will help you though the entire process, and they will show you the gold and silver coins that work with an IRA. They will also explain more about the storage options, the financial statements you will receive, and that your fees may be waived for up to three years, depending on how much you spend in direct purchases. You will get quarterly statements to show how your investment decisions are playing out.

Lear Capital Gold IRA Fees

Lear Capital has fees just like every other company offering gold IRAs. These are fully disclosed. Gold IRAs often have an annual fee, setup fee, storage fee, and custodian fee. Lear Capital does things a bit differently, though.

The typical fees you will pay to Lear Capital include:

• $305 for the first year – this covers the IRA setup, account maintenance fee, storage fee, and insurance.
• $225 for every year thereafter. This includes secure depository storage, insurance, and online access to your account.

These are comparable to other companies in the industry. What is not common is the fee waivers that Lear Capital offers.

If you order more than $10,000 in metals, Lear Capital waives the $50 setup fee. If you invest $25,000 to $50,000, all first year fees are free. If you invest $50,000 to $75,000, all first and second year fees are waived. Finally, if you invest $75,000 or more, you get all fees waived for three years.

Lear Capital Consumer Reviews

Before concluding this review, we want to take a quick look at all of the feedback customers have left for Lear Capital on consumer review sites.

Better Business Bureau

Lear Capital has an A+ rating on the BBB website, and there are 89 reviews as of July, 2025. Currently, customers give the company a 4.53/5 star rating. There are a handful of complaints that were filed against Lear Capital. Most of them were due to misinformation about how retail prices and spot prices work for precious metals. In the majority of these cases, Lear Capital and the customer were able to solve the issues amicably.

Business Consumer Alliance

Business Consumer Alliance gives Lear Capital an AAA rating, which is the highest possible rating on this site. Most customers here had a pleasant experience and would recommend Lear Capital.

Consumer Affairs

Customers on Consumer Affairs have rated Lear Capital with a 4.9/5 star rating. There are more than 1,500 reviewers on this site sharing kind words and gracious comments about Lear Capital.

Pros & Cons of Lear Capital

Pros

• Certain fees are waived for those who invest more than $10,000.
• You can buy coins and bars at the online store.
• Features like the Smart Tools Suite help to promote customer education.
• The Precious Metals Encyclopedia is a great resource for those who want to learn more about rare coins.
• You can set up price alerts to give you an idea of when to buy gold or other investments.

Cons

• There are not a lot of options for precious metals investments when compared with other companies.
• There are a few complaints about inaccurate pricing.

There are many big names in this space, and Lear Capital is one of them.  Fidelity offers a gold IRA and is probably the biggest name, but are they the best?  Find out which company we deemed the best gold IRA based on our 13 years of research keeping tabs on this industry.

>> Lear Capital Official Website

Is Lear Capital a Good Choice for Investors?

Those looking for investment options for gold IRAs may be considering Lear Capital. We highly recommend investing with this company thanks to the encouraging feedback from other users, the positive experience we had when we went through the application process, and the great service we received overall. The company offers helpful assistance, and it has a track record of success over the years.

The company has a lot of educational resources and real-time tools to ensure that you understand what you are doing and to help you make informed decisions. You can invest in gold IRAs or you can buy precious metals to add to your current or retirement savings.

All of this being said, Lear Capital doesn’t have as many investment options as other companies. If you want more choice, you might want to choose another company. However, if you are looking for a simple way to invest in precious metals, or to start a gold IRA, Lear Capital may be a great choice.

Finding the right company for you does take a bit of research, and we recommend that you look at more than one company. Though Lear Capital is a great company, other companies might be better suited for you. Some of our favorites include Goldco, GoldenCrest Metals, and Augusta Precious Metals.