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Lear Capital
- Investment Service
- Los Angeles, CA
About this business
Learn about our Yelp exclusive offer and receive up to $500 off your first purchase. We have been America's Precious Metals leader since 1997, and we strive to not only earn your business but to maintain it with superior service. We can help you diversify your portfolio by purchasing bullion, acquiring premium rare coins, or by adding physical gold and silver to your existing IRA account.
Location details
1990 S Bundy Dr #650, Ste 600, Los Angeles, CA, 90025, United States
Get directions| Weekday | Schedule | Status |
|---|---|---|
| Mon | 7:00 a.m. to 6:00 p.m. | |
| Tue | 7:00 a.m. to 6:00 p.m. | |
| Wed | 7:00 a.m. to 6:00 p.m. | |
| Thu | 7:00 a.m. to 6:00 p.m. | |
| Fri | 7:00 a.m. to 6:00 p.m. | |
| Sat | Closed | |
| Sun | Closed |
Senior Deception, Abuse and Fraud - At the time of purchase we told the rep we were only "parking" a $500,000 portion of my inheritance in metals for 6 months max * When I due to concerns over the hyped upcoming digitized currency* When I went to liquidate after 4*5 months **** offered merely 56% of the amount Id sent in! Gold had gone up and Silver prices were about the same during that time* In effect they expected me to pay $48,914 per month to cover their overhead* This level of **** charge/profit ("spread") was never ex... read more
Business response:
*****, we are sorry to hear of your disappointment in your transaction with us. Unfortunately, we do not recommend quick turnaround with metals investments, as they do require a large amount of work to set up accounts and transfer product. We are sorry you were unaware of the implications of your investment at the time of agreement. After your transaction, you should have received a statement, and we apologize if this never made it to you. The metals purchased at your request have been waiting at the depository under Lear Ca... read more
Buyer BEWARE--- If you are a first time gold/silver investor-- STOP do not go any further. I invested my IRA ***** market funds of $28000. By the time the transaction finalized and moved my gold/silver to ************* I was down to $18000. A ($10,000 loss immediately). The website for finding docs and seeing your account at The Equity security holding company is ridiculously slow and lacks information on my account. No statements at all, no document uploads...nothing! Only another $1000 loss as of today. This is from Octobe... read more
Business response:
*****, thank you for taking the time to talk with us further about your concerns. We appreciate you expressing a proposed resolution, and we are happy that we were able to accommodate your request. All the best to you.
Let me begin stating that **** Capitol is NOT a reputable company. I first bought some silver coins using **** as my broker. At some point my account balance (the coins) had lost more that 50% of it's value. Yet nothing had changed in the spot silver prices during the time. I tried calling **** and was met with a vile women who directed me to a broker. Of course he didn't pick up so I left a message to call me and to no big surprise he didn't call me back. I've tried speaking to someone in management to no avail. Do not trus... read more
Business response:
*****, we are sorry to hear that you have had such a poor experience with our business. We take feedback seriously and would like to speak with you further, if you'd be willing. We tried to call you on 1/22/2024 and left a message. If you would like to discuss your account, please reach out to our customer care team with your request: *************************************** or 1-800-885-****(5327). We are available to look over your transactions up to this point, and we are happy to discuss were to go from here. Thank you fo... read more
Being new to purchasing precious metals, **** **** ***** provided information that was helpful in guiding me in purchases that fit my individual goals. There was never any pressure, and the transaction went smoothly. I would have no concerns in using **** for future purchases. Lear Capital is a very reputable Company.
called 3 times and spoke to 2 different people to request a copy of coin purchase details. they said they sent it but they're apparently incompetent. there's no problem on my end receiving the email (no spam filtering). They send out plenty of junk emails so i know they have the correct email address.i'm never doing business with them again (because of this and ******************* has a much wider variety to choose from). i'm going to get my coins out of their depository and close the account ASAP
Lear Capital does not explain their fees and I have retired and rolled my entire *** to them and lost approximately $146K!!!! Please do not invest with this company!!!! They are in bankruptcy!!
No matter what **** advertises about trust and honesty, be very careful. I fallowed their advice and recommendations in my purchases. There is a real difference in purchase of price of a ******** coins for a price of $61.00 s from **** base on there advice, when the market on the same coins was in the ***** to ***** dollars. In the quantity of ****************************************** Metals was a very difficult ******* My loss on the first day of ownership was in the low $20,000s. Be careful in your dealing with ****. Lega... read more
My representative this past week did an appropriate service call and transfer since for the past 18 months my fund had decreased about 60%. 32+% to Learn Capital which the other reviews also stated. ***** ****** was my first contact and with Lear Capital taking their commission off the top there does not seem to be incentive for the representatives to be more prudent with their advice or client's funds. The phrase 'the decision is ultimately the clients', which is true, covers their actions . However when dealing with metals... read more
Lear Capital I invested my IRA INTO their firm and did a Precious metal transfer and they marked up gold coin prices and silver coin prices .. Got taken for approximately $ 26,000
Frequently asked questions about Lear Capital
How is Lear Capital rated?
Lear Capital has a 4.4 star rating with 572 reviews.
When is Lear Capital open?
Lear Capital is open now. It will close at 6:00 p.m.
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