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Our research has established that Lexi Capital is a dependable investment opportunity. However, we will also investigate other companies with better reviews and more reasonable fees in our comprehensive review.
To see a list of the best companies in 2024 click the link below:
<< Click Here To Discover The Best Gold IRA Companies of 2024 >>
If you’re in a rush, here are our top 3 picks with some information about them:
#1 BEST OVERALL: Goldco
#2 BEST FOR HIGH NET WORTH INDIVIDUALS: Augusta Precious Metals
➡️ August Precious Metals Detailed Review
#3 BEST FOR INVESTMENTS UNDER $5000: Birch Gold Group
Are you looking for comprehensive financial services to raise capital for your small business? If so, Lexi Capital could be a perfect choice.
Based in Chicago, US, and established 20 years ago, Lexi Capital boasts a great portfolio of customers and offers cost-effective solutions to both entrepreneurs starting out their business ventures and those seeking advice on more complex funding strategies.
This blog post provides an up-to-date review of the company including details about fees charged, how they fare with the Better Business Bureau (BBB) rating system, as well as scam risk if customers use their services.
The goal is to help readers make an informed decision when considering Lexi Capital’s range of products and services.
About Lexi Capital
#1 Readers Choice
Goldco is the leader in the Precious Metals Industry. From Precious Metals IRAs to direct purchases, Goldco has maintained a near perfect track record and therefore is our #1 recommendation for all our readers.
Lexi Capital is a precious metals company that was established in 2010 by two hopeful entrepreneurs who had the bright idea of making silver and gold investments more accessible to retirement investors.
With aims to make it easier for them to navigate the complex and ever-fluctuating gold and silver markets, the company has grown into one of the largest financial companies dedicated to helping people make precious metal purchases for their IRA investment portfolios.
Lexi Capital is located in North Carolina and has created an assurance plan made specifically with retirement investors in mind.
Their Gold Assurance Plan is revolutionary as it helps safeguard customers from short-term price volatility, which can occur upon initial purchases of metal, while also offering them exchanges and returns policies further down the line, if needed.
Lexi Capital continues to strive to create innovative solutions for their customers so that everyone may have access to a secure way of investing in silver and gold without having to compromise long-term goals or risk excessive loss from volatile prices.
From its humble beginnings, Lexi Capital continues to be an industry leader in the realm of precious metal investment services.
Lexi Capital Products and Services
Lexi Capital offers gold and silver-focused self-directed IRAs with vast opportunities for investors. The company can set up and manage a self-directed IRA, as well as provide educational resources to help customers understand more about investing in precious metals. It is also possible to purchase gold coins and bullion through the platform.
A complimentary six-month assurance plan protects customers from market risks by covering up to $500 per ounce of gold. If a customer purchases gold or silver coins within this period, they are guaranteed protection from any market drops that could occur in the timeframe.
What’s more, Lexi Capital offers personalized portfolio analyses so that investors can make the most of their IRA for optimal returns.
With all this, it’s easy to understand why such an account should be among anyone’s list of potential investment sources with the assurance and convenience offered by Lexi Capital accounts.
Lexi Capital Gold Assurance Plan
Investing in gold and silver can be a great way to maintain the value of your retirement savings over the long term.
However, market fluctuations make it difficult to anticipate when prices will drop or rise. This is why savvy investors often turn to the Lexi Capital Gold Assurance Plan for added security against unexpected losses.
The Lexi Capital Gold Assurance Plan offers up to half a year of price protection on all silver and gold coins held in an IRA account, up to $500 per ounce – no matter how high or low the prices fall.
Even if a historically low level is experienced during the specified timeline, you will still be covered under this plan for any coins bought within that period. Coverage can also be extended to include bullion purchases.
Additionally, this policy goes beyond simple property insurance because failure to follow regulatory rules affects entities more than just property damage which typical policies may not cover.
This makes it even more beneficial for investors looking for added peace of mind when they make their gold and silver purchases.
Overall, the Lexi Capital Gold Assurance Plan provides a secure way for investors to diversify their retirement savings when investing in precious metals without worrying about risks associated with market volatility.
Lexi Capital Precious Metals IRAs
#1 Readers Choice
Goldco is the leader in the Precious Metals Industry. From Precious Metals IRAs to direct purchases, Goldco has maintained a near perfect track record and therefore is our #1 recommendation for all our readers.
When it comes to your retirement account, you may prefer a tangible asset, such as physical gold, over a paper asset, such as bonds and stocks. If this is the case, opening up a separate Precious Metals IRA with Lexi Capital is necessary.
This type of retirement savings plan works much in the same way as any other individual retirement account. It offers the same contribution limits and even the same distribution rules.
For those who decide to open up a Lexi Capital precious metals IRA, they’ll be able to invest in physical bullion, such as bars and coins made of approved precious metals like gold, silver, platinum, or palladium.
Investors can also research additional investments like ETFs, mutual funds, or stocks from mining companies.
No matter which choice you make for investing, rest assured that your money is well-protected by Lexi Capital’s secure systems allowing you to work towards reaching your retirement goals without having to worry about losing your investments due to identity theft or fraud.
Lexi Capital Self-Directed IRAs
A Lexi Capital Self-Directed IRA can provide you with significantly more control over your retirement funds. Unconstrained by the independence of conventional retirement accounts, this type of IRA opens up many exciting new investment opportunities and opportunities for diversifying your portfolio.
Not only will financial institutions and employers offer traditional investments, such as bonds, stocks, and mutual funds, but you also have the freedom to purchase precious metals and invest in assets like businesses, real estate, precious metals like silver and gold, cryptocurrency, and private placements.
This type of diversity provides heightened financial security and presents you with more control since these alternative investment options tend to be less affected by market instability and economic turmoil.
For those who are truly interested in making the most out of their retirement savings through diversification and alternative investments, a self-directed IRA from Lexi Capital is an ideal option.
Lexi Capital Gold IRA Rollovers and Transfers
At Lexi Capital, managing your retirement funds has never been easier. If you’ve already opened an IRA or 401(k) account with another institution, we can arrange for the funds to be transferred into a self-directed IRA or 401(k) offered by Lexi Capital.
Once your funds are in the right place, you’ll be able to choose between two types of IRAs: traditional and Roth. To set up either type of account, use the Lexi Capital Express IRA application form which can be completed online in minutes.
This simple process ensures that switching institutions is fast and fuss-free so you can continue saving toward retirement quickly and easily. Investing with Lexi Capital account gives you more control over your portfolio than ever before; it pays to switch.
Lexi Capital IRA Custodians
#1 Readers Choice
Goldco is the leader in the Precious Metals Industry. From Precious Metals IRAs to direct purchases, Goldco has maintained a near perfect track record and therefore is our #1 recommendation for all our readers.
STRATA Trust is one of the leading IRA custodians, trusted and recommended by Lexi Capital for investors that are seeking to diversify their portfolios. They offer an extensive range of coins that include semi-numismatic, numismatic, and special editions designed to enable individuals to distinguish between collecting and investing.
The official website for Lexi Capital provides investors with various resources such as news feeds of gold, silver, palladium, and platinum without any additional costs. Moreover, the website includes a streamlined user-friendly interface allowing customers to navigate with ease.
Lexi Capital also offers numerous bonuses for both new and existing customers who opt for opening or transferring a traditional IRA into a precious metal IRA, including waivers for setup charges, free appraisals, and free storage tray in appraised value platinum coins.
Additionally, Lexi Capital continually updates customers on upcoming promotions ensuring they never miss out on valuable opportunities.
Ultimately offering users with experienced custodian services, trusted advice, and incentives makes Lexi Capital an attractive option for individuals looking to begin their investment journey in precious metals.
With this high level of service provided across multiple channels, coupled with competitive pricing, it’s no wonder why investors depend on Lexi Capital’s custodian services when it comes to investing.
Lexi Capital IRS-Approved Vault Storage
In order to abide by IRS regulations, companies like STRATA Trust offer two vault options for people to store their precious metals. Located in Wilmington, Delaware and Boulder City, Nevada, the Delaware Depository is a fully-authorized facility that offers insurance up to a billion dollars with Lloyds of London.
There are two types of storage available: commingled and segregated. Commingled storage implies that you will receive one form of your bullion when withdrawing your assets, but it is not guaranteed that it will be the same coin or bar as what was stored.
Segregated storage requires each bullion to be kept separately from other coins, so when withdrawing your asset you are guaranteed to receive the exact same product as what was originally stored.
This type of storage might cost a bit more than regular routine care but provides peace of mind knowing that you’ll have your exact pieces when fulfilling requests for withdrawals.
The key advantage here is keeping the IRS guidelines satisfied while being able to keep the safety and security of your precious metals intact at all times no matter where it’s stored.
Lexi Capital Gold IRA Costs
Investing in precious metals offers major advantages. With Lexi Capital, it’s now easier than ever to open a new IRA account with highly competitive fees and a minimum investment requirement of $1,500.
Equally convenient is the option to pay with a cashier’s check, wire transfer, or cash and enjoy a special 3% discount from the financial institution for orders placed under $15,000 with a shipping fee of only $14.95.
But that’s not all: customers investing sums of up to $50,000 can expect respective annual account management fees as low as $285 (in the first year) and $180 (later on).
However, these charges are waived altogether when it comes to higher investments of up to $50,000 or more. In other words, Lexi Capital provides unbeatable value and transparency when it comes to precious metal investments.
How to Open an Account with Lexi Capital
Opening a Gold IRA account is an attractive option for those interested in diversifying their investments. To begin, you will need to complete an online application that requires specific information about other investments including 401ks and IRAs.
If you choose to roll over funds from an existing retirement account, Lex Capital will require the name of your custodian or plan administrator.
After funding your account by check, cash, or rolling over another retirement account, you will be offered a portfolio analysis by a professional advisor who can discuss further options related to gold and silver investments.
They will also provide insight into purchasing precious metals delivered directly to your home from the source upon purchase.
This can offer more assurance that you’re investing your resources into high-quality products. With this step-by-step process, opening a Gold IRA is accessible for those looking to expand their investment portfolios.
Pros and Cons of Lexi Capital
Pros
- Over a decade in business
- Low $1,500 minimum investment requirement
- Partners with reputable STRATA Trust Company
- Offers comingled or segregated storage in a Delaware-based repository
- Includes some rare and collectible non-IRA coins for sale
Cons
- Low transparency; no products or prices are displayed on the website
- A small selection of non-IRA bullion
- Customer support phone line does not have set, guaranteed hours
Customer Reviews About Lexi Capital
Lexi Capital has become a reputable precious metals dealer for physical precious metal delivery and storage.
Since their establishment, customers have received the same quality level of service that has earned them an A+ rating from the Better Business Bureau and AAA from BCA with no complaints filed in the last three years.
Additionally, Trustlink and Google have given Lexi Capital reviews five stars, and satisfied customers are also speaking out in online reviews. When it comes to customer support options, they provide phone and email, as well as comprehensive FAQs on their website with answers to some of the most common questions.
All these factors contribute to Lexi Capitol’s growing success leading them to be considered one of the top independent metals dealers in recent times.
