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LearCapital Precious Metals Review

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LearCapital Precious Metals Review

Peri Elgrot

Top Gold Investors Editor

LearCapital is a leading precious metals company established in 1997 and currently based in California. The company has completed more than $3 billion in transactions and is one of the most trusted firms for investors interested in gold and other precious metals.

Trustworthiness

With over two decades of experience in the industry, LearCapital backs up its promise to diversify investment portfolios, maintain a strong hedge against market volatility, and modify your asset allocation. The company has a 4.9-star rating on Google and an A+ rating on its Better Business Bureau profile. Their TrustPilot page has a 4.9 rating from 870 reviews. In general, the company holds a positive reputation that gives you confidence in its service.

Services

The company website is incredibly informative which is useful for those who are just starting to dip into precious metals. LearCapital gives investors the opportunity to roll over their current IRA account or open a totally new account. One thing to remember is that the only way to set up an account with LearCapital is by talking to one of their experts over the phone.
Individual Retirement Accounts offer investors tax benefits. As such, your access to your IRA remains limited until you reach the age of retirement. With LearCapital, you’ll have a team that will help you manage your self-directed IRA. They will guide you in buying, transporting, and storing your precious metals securely. When it’s time to withdraw from your account, LearCapital will also help you access the funds. The company’s storage facility is located in Delaware.
LearCapital also provides other services if you are not interested in setting up a gold IRA. You can purchase precious metals or make another type of investment through the company. Their main focus is silver and gold but they can also help you acquire other metals such as platinum. The coins and bars that they list for sale are minted mostly in the United States but you may find pieces from Canada, Austria, the United Kingdom, and South Africa.
If you’re interested in buying precious metals, you can do directly from LearCapital’s website. They will ship to any address you prefer whether that is your personal address or to a storage facility. You do need to contact the company for specific prices since they do not publicly display this information on the website.

Fees and Transparency

For investors who want to set up an account with LearCapital, the annual fee is $260 for your first year and $180 for the succeeding years. This fee covers shipping, insurance, quarterly financial reports, and unlimited online access to your account. Currently, there are no application fees at LearCapital. They require a minimum of $7,500 investment. If you want to purchase gold, you may be charged additional fees for commission and storage.
LearCapital clients can use the free mobile app to track real-time prices of precious metals. It also gives you access to promotional offers that are not available anywhere else.

Customer Support and Other Resources

When you visit LearCapital’s website, you will see a Free Investor Kit button which will take you to a page where you can select several resources for download. You can get a copy of their guide on precious metals, and retirement accounts, and a subscription to their newsletter. Just enter your information and wait for their email.
Aside from the Free Investor Kit, there are other resources that can help you. These include news and real-time charts of precious metals and a smart tools suite. The tools suite includes a Premium Coin Analyzer, Spot Price App, Precious Metals Encyclopedia, Historical Chart, Inflation Calculator, RMD Estimator, and Portfolio Comparison Calculator.
For any inquiries, you can reach the support team by emailing customercare@learcapital.com or calling 1-800-576-9355. Although there is no schedule for customer support specifically, LearCapital’s representatives are available from 9 AM to 6 PM. If you need help, these times might also be your best options.

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