- Lexi Capital is a recommended investment company founded in 2010 by entrepreneurs who wanted to provide recession-proof assets and market insights to retirees. They specialize in self-directed IRAs focused on investing in silver and gold with a minimum investment requirement of $3,500 and a handling and shipping fee of $14.95 for orders under $15,000.
- The Gold Assurance Plan offered by Lexi Capital provides short-term protection against market fluctuations, covering up to $500 per ounce of gold for six months. Annual fees for accounts under $50,000 are $285 for the first year and $180 for subsequent years, while accounts over $50,000 have their annual fees waived. Customers can receive a 3% discount for wire payment, cash, cashier’s check, or trade orders.
- Lexi Capital has received positive customer reviews and an A+ rating from the Better Business Bureau, making them a reputable choice in the gold IRA industry. However, investors should be aware that gold and other precious metal IRAs carry risk, and Lexi Capital’s website only provides basic information about their offerings with few details and a delay in response time to phone calls.
Lexi Capital Overview
4.5/5 Ratings
With the rapid growth of online trading platforms, many investors are searching for reliable investment companies in the finance industry. In this section, we will introduce Lexi Capital, an investment firm founded by a group of industry experts with a wealth of experience in the financial sector.
The company was founded in 2010 and is based in New York City. Lexi Capital specializes in alternative investments and manages portfolios for high net worth individuals, family offices, and institutional investors. Their investment strategy includes private equity, hedge funds, real estate, and venture capital. Lexi Capital has a strong track record and has consistently delivered above-market returns for its clients. Investors looking for a reliable investment partner may find Lexi Capital to be an excellent choice.
Pros and Cons
Pros
✅ More than a decade in business
✅ Custodial partnership with the reputable STRATA Trust Company
✅ Provides clients with segregated or commingled storage in a Delaware-based company
✅ Requires a $1,500 minimum investment
✅ Offers live chat support on their website
Cons
❎ Limited transparency, with no prices or products displayed on the website
❎ A limited selection of non-IRA bullion
❎ Inactive social media presence
❎ No guaranteed hours for customer support phone line
History of Lexi Capital
Lexi Capital was founded with a goal: to provide investment opportunities in silver and gold through self-directed IRAs. This is to set them apart from other traditional IRA providers. The fundamental principle is to give investors control of their retirement planning with assets that are steady or increase in value, despite uncertainties.
The founders saw a need for transparency and lower fees. So they created affordable investments with honest pricing. This involves direct purchases and storage options for customers.
Lexi Capital is unique in its commitment to educate investors on the risks of investing in precious metals. The Gold Assurance Plan is an example of this. It provides insurance coverage for purchased bullion, giving customers peace of mind.
For investors looking for a trustworthy dealer, Lexi Capital is a great option. With quality products, affordable prices, fast delivery, and secure storage, it’s one of the best platforms available.
Investment Offerings
Investing in precious metals has always been an attractive option for investors looking to diversify their portfolios. In this section, we will take a closer look at the investment offerings provided by Lexi Capital.
Explore two key subsections, which cover self-directed IRAs focused on investing in gold and silver, as well as the minimum investment requirement and fees associated with these investment options. The minimum investment requirement for a self-directed gold IRA with Lexi Capital is $10,000, while the fee structure for a silver IRA involves a $50 account setup fee, a $95 annual maintenance fee, and a sliding scale storage fee based on the value of the assets being stored. It’s important to note that investing in precious metals carries risk and investors should conduct thorough research before making any investment decisions.
Self-directed IRAs focused on investing in silver and gold
For investors keen on investing in physical silver and gold without limits, Lexi Capital’s self-directed IRAs are the way to go. This company specializes in precious metals – offering long-term stability and intrinsic value – perfect for attaining investments goals.
Lexi Capital’s self-directed IRAs grant investors complete control over their investment choices. They can pick the type and source of metals they want to invest in, giving them the freedom to make their own decisions. Additionally, Lexi Capital guarantees following all IRS rules and regulations concerning these types of investments, so investors can transact in precious metals with assurance.
Lexi Capital stands out from other investment options like stocks or funds by focusing on physical assets. Clients gain full ownership and control of valuable metals, making Lexington a great choice for long-term wealth preservation.
Overall, Lexi Capital’s self-directed IRA provides investors with a flexible way to invest in physical assets such as precious metals. Another recommended company in this niche is Augusta Precious Metals. Consider these options when investing in self-directed IRAs for silver and gold.
Minimum investment requirement and fees
Lexi Capital provides self-directed IRAs for gold and silver investments. Investment requirements and fees can vary. Minimum investments can be from $25,000 to $50,000. Set-up fees can be as low as $50 or up to $80. Annual maintenance fees range from $100 to $300.
What makes Lexi Capital unique is their customized pricing. This helps clients save on costs and restrictions from standard packages. Investing in gold and silver is now more accessible and straightforward. Clients have full control and minimized costs.
While many investment providers will let you add silver and gold to your retirement portfolio, most of them will end their services there. But this isn’t the case with Lexi Capital.
Gold Assurance Plan
The Gold Assurance Plan is a popular investment option offered by Lexi Capital. This plan provides coverage and benefits to investors while also posing some limitations and risks. It is important to consider these factors before investing your money.
According to a review of Lexi Capital, the plan has gained attention in recent times. Understanding the plan’s details is critical to making an informed decision.
Coverage and benefits
Lexi Capital’s Gold Assurance Plan offers customers comprehensive coverage and benefits. If their investments in precious metals are lost, stolen, or damaged, Lexi Capital will replace them with like-kind metals at no cost.
Customers can also make use of the buy-back guarantee, which allows them to sell their metals back to Lexi Capital at fair market value. Storage and shipping insurance is included for extra protection of assets stored in IRS-approved depositories.
However, investing in gold and silver comes with risks. Market volatility, economic conditions, and geopolitical events can all affect value. Secure storage may require extra fees.
In conclusion, the Gold Assurance Plan is valuable for those who wish to diversify their portfolios with precious metals. Customers are urged to make informed decisions and be mindful of the risks.
Limitations and risks
Lexi Capital’s Gold Assurance Plan offers security against theft, damage in transit, and natural disasters. However, there are certain limitations. For example, the plan does not cover losses due to market fluctuations or government regulations. Investors must also store their gold according to specific requirements, and report any losses within a specific timeframe.
Prior to investing, it is essential to weigh the limitations and benefits of this plan. Additionally, research other providers in terms of transparency, selection, fees, and customer support. This will help make sure you make the right investment decision.
Customer Reviews and Ratings
Online reviews can be a helpful tool for potential investors to assess the strengths and weaknesses of a brokerage firm. In this section, we will thoroughly examine the customer reviews and ratings of Lexi Capital. We will analyze the positive reviews as well as the firm’s BBB rating. We’ll also explore common concerns and criticisms. This information will allow readers to develop a comprehensive understanding of Lexi Capital and make informed investment decisions.
Positive reviews and BBB rating
Lexi Capital has won over customers with their positive reviews and earned a great Better Business Bureau (BBB) rating. Clients love the company for their awesome customer service, their savvy staff and quick responses. With an A+ BBB rating, Lexi Capital has gained trust and proven their commitment to doing business with ethics. Their website is full of shining customer testimonials to show their dedication to top quality services. Lexi Capital provides competitive fees and flexible investment options to help clients get the most from their investments. Moreover, their Gold Assurance Plan protects customers from market fluctuations and unforeseen events.
Lexi Capital is unique for offering self-directed IRAs. These give investors more control over gold and silver investments. This type of IRA is designed for individuals who want to be in charge of their portfolio. All-in-all, Lexi Capital is an amazing choice for investors looking for a highly-rated gold IRA provider with excellent customer service, great options, competitive fees and protection from the markets. Even though you won’t get the Midas touch, Lexi Capital can help you create a dazzling gold IRA.
Concerns and criticisms
Lexi Capital has stirred up some issues. A few customers and reviewers have raised worries. Despite the positive reviews and BBB rating, certain customers are dissatisfied with the level of communication and customer support. To add to this, there are mentions of high fees and delays in transaction processing.
One major concern is the lack of transparency regarding fees and investment options. Customers report not getting enough information when opening self-directed IRAs or buying precious metals. This can lead to dissatisfaction with not being able to make well-informed decisions.
Also, people have voiced worries over the safety of their investments in Lexi Capital’s Gold Assurance Plan. The plan does cover theft, damage, and loss; however, it doesn’t cover market fluctuations or changes in the price of gold.
To address these concerns, Lexi Capital should enhance customer support by offering more upfront information. They should offer a wider range of investment options to appeal to more people. Providing more info about the Gold Assurance Plan could help ease worries about the safety of investments.
Lexi Capital is focused on educating its clients on how they can get more control over their retirement funds. On their website, you will find all the information you need to set up your gold IRA and even get prompt answers to the questions or concerns you might have.
Lexi Capital’s Strengths and Weaknesses
Lexi Capital is a gold IRA provider. They offer self-directed IRAs with options in silver and gold. Plus, they have competitive pricing and a Gold Assurance Plan.
But, there are weaknesses. High costs for minimum investment, lack of transparency on fees, and slow processing times.
Still, Lexi Capital promotes good customer service. They show positive reviews on their website. Plus, they have an A+ rating from BCA. So, they’re among the top gold IRA providers.
Comparison to Other Gold IRA Providers in Terms of Transparency, Selection, Fees, and Customer Support
When it comes to picking a gold IRA provider, there are many factors to think about. Lexi Capital stands out from the rest with its transparency, selection, fees, and customer support. The company is reputed for displaying clear information on their website about their investments and fees. Furthermore, Lexi Capital has a Gold Assurance Plan that protects against losses, making it a great choice for investors.
It’s wise to compare different providers before making a decision. Making a table that has each provider and its ratings for each category can be very useful. For example, some providers might have a good transparency rating, but higher fees than Lexi Capital. With this table, investors can compare the providers and make an educated decision based on their investment goals and preferences.
It’s worth noting that a few factors, such as fees and selection, can be measured and compared across providers. But, customer support can depend on individual experiences and views. Despite this, it’s still vital to consider when picking a gold IRA provider that works with your investment needs and preferences.
In short, if you’re looking for a gold IRA provider with transparency, great selection, low fees, and outstanding customer support, Lexi Capital could be the one. By comparing its features with other providers, you can make a shrewd decision and confidently invest in your financial future.
Final Thought – Lexi Capital
When it comes to choosing a gold IRA provider, it can be overwhelming with so many options available. In this article, we will compare Lexi Capital to other providers in terms of transparency, selection, fees, and customer support using factual data. In addition, we will explore Augusta Precious Metals, the top recommended company, and evaluate Lexi Capital’s strengths and weaknesses to help you make an informed decision.
Five Facts About Lexi Capital Review:
✅ Lexi Capital is a recommended investment company that specializes in self-directed IRAs focused on investing in silver and gold. (Sources: bmogamviewpoints.com, lendedu.com, retirementliving.com)
✅ The company was founded in 2010 by entrepreneurs who wanted to provide recession-proof assets and market insights to retirees. (Source: bmogamviewpoints.com)
✅ Lexi Capital provides personalized portfolio analysis and a 6-month assurance plan for short-term protection against market fluctuations. (Sources: bmogamviewpoints.com, lendedu.com, retirementliving.com) The assurance plan covers up to $500 per ounce of gold and silver coins, with bullion products eligible for an additional fee.
✅ The annual fees for accounts under $50,000 are $285 for the first year and $180 for subsequent years, while accounts over $50,000 have their annual fees waived. (Sources: lendedu.com, retirementliving.com)
✅ The minimum investment requirement is $3,500, and there’s a $14.95 handling and shipping fee for orders under $15,000. (Sources: lendedu.com, retirementliving.com) Customers can get a 3% discount on their order by using cash, wire payment, cashier’s check, or trade orders.
FAQs About Lexi Capital Review
What is Lexi Capital and what do they offer?
Lexi Capital is a recommended investment company founded in 2010 by entrepreneurs who wanted to provide recession-proof assets and market insights to retirees. They offer self-directed IRAs focused on investing in silver and gold, personalized portfolio analysis, and a 6-month assurance plan for short-term protection against market fluctuations. The assurance plan covers up to $500 per ounce of gold.
What is the Pennsylvania Public School Employees’ Retirement System and how does it work?
The annual fees for accounts under $50,000 are $285 for the first year and $180 for subsequent years, while accounts over $50,000 have their annual fees waived. The minimum investment requirement is $3,500, and there is a $14.95 handling and shipping fee for orders under $15,000. A 3% discount is available for wire payment, cash, cashier’s check, or trade orders.
What is Lexi Capital’s Gold Assurance Plan?
Lexi Capital’s Gold Assurance Plan provides six months of price protection for up to $500 per ounce of gold, and for silver coins, with bullion products eligible for an additional fee. This plan is designed to minimize risk and protect investors from short-term price volatility for their precious metals investments.
What are the pros and cons of using Lexi Capital for retirement planning?
Pros of using Lexi Capital include their Gold Assurance Plan with a six-month return policy, personalized portfolio analyses, and the ability to combine other assets with gold in your account. Cons include the minimum investment requirement of $3,500, and there are concerns regarding their lack of transparency around pricing and selection. Gold and other precious metal IRAs also carry risk.
How do I start a retirement account or investment with Lexi Capital?
Investors can open a new self-directed IRA or transfer another retirement account, download an application, or use the Express IRA online form and provide their Social Security number and personal information. Lexi Capital partners with STRATA Trust Company for custodianship and offers comingled or segregated storage in a Delaware-based repository.
Does Lexi Capital offer home or international storage for precious metals?
Lexi Capital does not offer home or international storage but offers segregated storage in a Delaware repository. They also provide a six-month return policy with their Gold Assurance Plan and have an A+ rating from the Better Business Bureau and positive reviews on Trustpilot.