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Lear Capital, Inc.

 Member | 5,228 inquiries |
Gold, Silver, and Platinum Dealers

1990 South Bundy Drive, Suite 600
Los Angeles, CA 90025
| Get Directions

(800) 576-9355

http://www.learcapital.com

9:00 am to 6:00 pm PST

Company Rating

AAA

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Customer Reviews

based on 1 review.

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Complaint Experience

83%

Complaint Resolution Index (CRI)

6 complaints closed in last 3 years.

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Membership Information

proud-member

Proud member since 09/19/1997
This company is a Charter Member of Business Consumer Alliance.

Recent Review

Posted on 5/30/2019

Pierre Kim is one of the best in the business

I originally purchased precious metals through Morgan Gold and set it up on an IRA. Unfortunately, I bought it when it was really high and I took an unbelievable bet. They also charged exorbitant fees but you live and you learn. After they went belly-up, I had the stuff sitting out there with Sterling Trust and then IdenTrust. Lear Capital and Pierre Kim reached out to me and presented their services. I talked with Pierre and then with several different individuals who contacted me and we wound up doing a rollover of the existing precious metals that I had in there. We changed some things around so that I had better diversity. I did everything on the phone and I did the transfer and everything while I was driving, so it was really convenient. They’ve been trying to get ahold of me but every time they call, I’m in the middle of a meeting. Pierre's professionalism is second to none.

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Complaints and Resolutions

Total Amount in Dispute:
$92,723.00

Total Amount Settled:
$72,545.00

Complaint Experience

83%

Complaint Resolution Index (CRI)

BCA's Summary and Analysis:

Our complaint history for this company shows that the company responded to and gave proper consideration to most complaints. However, one or more complaints are unresolved meaning the company failed to properly address the complaint allegations or their response was inadequate.

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Complaint Closing Statistics

6 complaints against Lear Capital, Inc. closed in last 3 years.
Complaints Type of response
0 Making a full refund, as the consumer requested
0 Making a partial refund
2 Agreed to make an adjustment
1 Refusing to make an adjustment
3 Refuse to adjust, relying on terms of agreement
0 Unanswered

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Other Information

Company Info

Lear Capital, Inc. 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.

Primary Contact: Kevin Demeritt (President)
Business Started: 6/3/1997
Social:
About Lear Capital, Inc.

At Lear Capital, your long-term financial security is our main concern. 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. Whether you're looking to realign your asset allocation, maintain an aggressive hedge against global volatility, or secure tangible retirement protection, Lear Capital has a plan for you.

We know you have a choice when it comes to investing in precious metals, and Lear has a streamlined acquisition process making your transactions FAST and EASY.

We provide you with a personal account representative, a secure ordering environment, and a "real-time" investment relationship that keeps you abreast of spot pricing, precious metals news, and economic events that impact your retirement and your future. We also provide an exclusive Buy Back program and an industry leading Price Advantage Guarantee.

Lear Capital is a PCGS (Professional Coin Grading Service) Authorized Dealer giving our customers the benefit of coin Grading Accuracy and Authenticity. We abide by the NGC's (Numismatic Guaranty Corporation) coin grading Standard of Integrity, and we support the ICTA (Industry Council for Tangible Assets) on issues of taxation, IRS regulations, and legislation that impacts all tangible assets.

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Licensing

We know of no licensing or registration requirement for companies engaged in this company's stated type of business.

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Government Actions

BCA has no information regarding government actions at this time.

Comments and Analysis

We urge caution when considering any precious metal investment. Such investments are considered high risks based on the facts that relative commodity markets fluctuate rapidly and ultimate value may depend solely on the price a collector is willing to pay. Precious metals investments are suitable only for those who can bear the risk of substantial loss.~~Rather than make an immediate decision insist upon written confirmation of all details of the offer and all verbal promises. Verify that the offer is registered or exempt from such requirement with your state securities commissioner. In California call the Department of Corporations at (213) 576-7500. In addition on a national basis the firm may be required to register its offer with the Commodities Future Trading Commission.

Other Considerations

We know of no other matter or practice relating to this company that may assist you in your consideration of this company.

Industry Resources
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Additional Info

DBAs:

Learcapital.com
Lear Financial, Inc.
Goldcentral.com

Websites:
There are no additional web sites.

Contacts:

Larrin Devereaux (Director of Marketing)
Brook Hitchcock (Acounting Manager)
Scott Carter (CEO)
Jeremy Jason (Manager of Customer Relations)