lexi capital review


Lexi Capital review

Today, investors are seeking alternatives for their money. During the recession of 2008, many people lost retirement funds in the market that have still not been regained, changing the future course their lifestyles – and ultimately, their lives.

A large number of investors have turned to gold and precious metals, as these financial vehicles can provide the opportunity for growth, yet without the constant ups and downs like the volatile stock market. These age old investments can also provide a nice hedge against future inflation. By placing precious metals into an IRA account, investors can also obtain some nice tax advantages, too.

Before moving forward with these investment strategies, though, it is important to first review the company that you will be working with. That way, you can ensure that you will have access to a diversified portfolio of products, as well as advice that can help you with choosing the proper investment tools.

One option that has been chosen by investors is Lexi Capital. This specialist in the precious metals industry was founded in 2010, with the mission of providing investors access to recession proof assets. The company offers education in gold and metals investing, as well as specialized plans for doing so. Lexi Capital is headquartered in Raleigh, North Carolina.

Products Offered Through Lexi Capital

Lexi Capital specializes in precious metals – primarily gold and silver coins and bullion. Some of the company’s top sellers include the:

  • British Soverign

  • Gold Canadian Maple Leaf

  • Morgan Silver Dollar

  • 1 Ounce Gold Bar

  • Silver Canadian Maple Leaf

  • Silver Bar 100 Ounce

  • Gold American Eagle

  • Silver American Eagle

When an investor pays for their precious metals order using cash, Lexi Capital will provide a 3% discount on the retail / list price. (This includes payment that is made via cash, check, cashier’s check, bank wire, and / or trade).

Storage and Delivery

Lexi Capital orders are shipped via Registered / Insured United States Mail and by Federal Express. Some of the orders that are sent out may require a signature by the recipient upon delivery.

The items that are sent by U.S. Registered / Insured Mail may take between 5 and 10 business days to arrive. The cost to ship is $14.95 for orders that are between $1,500 and $14,999 (USD). There is no charge to ship orders of $15,000 and over.

Investors have the option of holding on to their precious metals at home or in a bank safe deposit box. However, Lexi capital also offers a secure storage option for gold and other metals. This can provide a level of security for investors that can allow all of the benefits of investing in metals, yet without all the worry about theft and / or potential damage.

How to Open a Precious Metals IRA Account

Lexi Capital makes the process of opening a precious metals IRA account easy. Much of the application paperwork that is needed can be found directly on the company’s website, so investors can get started there.

Whether you are starting with a brand new IRA, or you are transferring another retirement account over, you will need to open a self-directed IRA account. The application forms can be filled out and sent in to Lexi Capital. You will need to provide your contact information, as well as your Social Security number.

Next you will need to fund the account. If making a new deposit, you can place money into the account, up to the annual maximum that is allowed each year for Individual Retirement Accounts (based on your specific income and other criteria, if applicable). You can also transfer funds in from an existing IRA and / or 401(k) or other eligible retirement account.

Once there are funds inside of the account, you can then begin to purchase gold and other precious metals. Discussing with a Lexi Capital retirement advisor which metals may be best for your specific goals can oftentimes help in choosing the best match. Lexi Capital advisors are available to work with clients in putting together a metals portfolio that closely fits their needs.

Lexi Capital Customer Service

The customer service representatives at Lexi Capital can be reached in several different ways. These include by phone, email, and fax. New or existing clients can contact reps using different email addresses.

Investors can also sign up to join the Lexi Capital VIP Buyers Club. In addition, by signing up for an account with Lexi Capital, an investor can login to the company’s website and check the status of their investments at any time.

Lexi Capital also offers a free IRA Guide for visitors of its website, in return for their contact information. This guide can help individuals to determine if investing in gold and silver is right for them.

Company Ratings and Grade

Lexi Capital has been an accredited member of the Better Business Bureau (BBB) since June 27, 2012. The company has been given the grade of A+ (on an overall grade scale of A+ to F). Over the past three years, there have been 0 complaints through the BBB regarding Lexi Capital.

The Business Consumer Alliance (BCA) has rated Lexi Capital as an AA. This, too, is based upon no complaints filed through the BCA throughout the past three years. There are also no reports filed about the company on RipOff Report.

While there are three complaints filed about Lexi Capital on TrustLink, the company has a 5 star rating. This is due to all of the other positive reviews that the company has received from its satisfied customers.

The Bottom Line

Lexi Capital primarily conducts its business of selling gold and silver precious metals online. Because of that, it is important that the company have a good reputation in the industry – which it does.

The company is highly rated by both the Better Business Bureau and the Business Consumer Alliance, and it has had no complaints filed over the past three years with either of these two agencies.

Given that, Lexi Capital appears to be a stable and reputable dealer in the precious metals industry that makes it easy for its clients to purchase investments online – which can be an added convenience.

See how Lexi Capital compares to other Gold IRA Companies