|BCA Accredited Rating||N/A|
|BBB Accredited Rating||A- (On a scale of A+ to F)|
|TrustLink Reviews||(Based on 2+ reviews)|
|IRA Transfer Process||7 Days|
|401(K) Rollover Process||3-4 weeks|
|Metals Delivery||14 days|
|Annual Admin Fees||$95|
|Annual Storage Fees||$100|
|Preferred Custodian||Self-Directed IRA Services|
|Preferred Depository||Delaware Depository|
|Min Purchase Amount||$5,000|
|Physical IRA Application|
|Digital IRA Application|
|U.S. Mint Listed Dealer|
As the traditional assets for retirement investing are proving less and less reliable, increasing numbers of people are looking to gold as an alternative. The difficulty for most is to find a company they can trust, to steer them through the gold IRA investment process. Lexi Capital is one of the companies that specialize in this area, and if you are in this position, you need to know if it is the best choice for your gold IRA.
Lexi is quite a new arrival on the gold investment scene. It was set up in 2010 by a couple of UCLA graduates, who wished to offer investors an alternative to the unsavory practices that had led to the 2008 meltdown. The stated aim was to keep the buying and selling of precious metals simple and transparent, in contrast to the many dealers who make no effort to help novice investors understand the complexities of gold investing.
In pursuance of this goal, the company provides every new investor with the services of an account manager, who carries out a personalized portfolio analysis. This is one of the company’s most valued services, as it enables investors to see how a gold investment will influence their current portfolio. In addition, it helps them create a plan and set growth goals, which they can change if there are changes in the market. The company provides several ways for investors to receive market information in real time.
One of Lexi’s key services is the Gold Assurance Plan, which means investors are allowed to return qualified gold coins within six months of purchase. This helps protect them from the adverse effects that short-term price fluctuations can have on their portfolios. The plan also guarantees the value of their gold during the first 12 months, up to $500 per ounce.
The company sells a wide range of coins, including Proof and graded US Mint coins, as well as collectible coins. One of the ways it helps and educates its investors is by emphasizing the difference between collecting and investing. This makes the company popular with customers, as does the expert quality of its IRA conversion services.
The major problem, if you are looking for a company to which to entrust your retirement savings, is that you need to know which company you can trust. Probably the first places you will look to find this out are sites like BCA, BBB and TrustLink, and here you will find very little about Lexi Capital. The majority of these sites have no information about the company at all.
The company does have a 5-star rating from TrustLink, but this is based on a single review, from a customer who liked the low prices and appreciated its quarterly reviews. It has an A− from BBB, arising from a single complaint, which is now resolved, though many similar companies have an A+. What is more strange is that there is only one single testimonial on the company’s website.
Although this is a company founded on excellent principles, there is so much at stake that most investors prefer to look for a company with a much more solid track record. There are some other firms that have uniquely high ratings with all the major reporting agencies. Don’t forget to check out those companies that we recommend as the best choices for your retirement savings.
Lexi Capital Commercial Video
|Address:||1340 Environ Way, #13408 | Chapel Hill, NC|