Costs / Company record
Lear Capital Fees: Account Charges & Disclosures
Lear publishes account charges and separate first-year totals. A component-only sum misses the difference between initial funding and later annual custody costs. The regulatory context below is relevant when reviewing the written purchase agreement.
Published fee sheet
| Check | Rule / published terms |
|---|---|
| IRA purchase minimum | $10,000 Published terms are an account or dealer example; obtain the applicable written schedule. learcapital.com source· as of |
| One-time setup | $50 Application fee (one-time). learcapital.com source· as of |
| Annual administration | $125 Published terms are an account or dealer example; obtain the applicable written schedule. learcapital.com source· as of |
| Annual standard storage | $110 Published terms are an account or dealer example; obtain the applicable written schedule. learcapital.com source· as of |
| Annual segregated storage | $160 Published terms are an account or dealer example; obtain the applicable written schedule. learcapital.com source· as of |
| Fee structure and scope | Annual total $235 (non-seg) or $285 (seg); first year $315/$365 per Lear; flat storage, no extra charge for adding metals. Published first-year and later annual figures have different scope. The calculator reconciles the initial subtotal to Lear’s published first-year amount. learcapital.com source· as of |
| Named custodians | Equity Trust Company Published terms are an account or dealer example; obtain the applicable written schedule. learcapital.com source· as of |
| New York Attorney General | Consent order: $6M; alleged hidden commissions/markups up to 33% and misleading practices Regulatory record: 2022-01-03. This summarizes a consent order or settlement and does not describe every current practice. ag.ny.gov source· as of |
| Multistate regulators (incl. CA DFPI, DC DISB) | Settlement in Lear's Chapter 11: $5.5M to investors who bought 2016-01-01 to 2022-03-03 Regulatory record: 2022-2023. This summarizes a consent order or settlement and does not describe every current practice. dfpi.ca.gov source· as of |
Published first-year total takes priority
Lear’s own structure notes include an initial total beyond the simple setup, administration and storage sum. The calculator reconciles to that published total, using a separately identified initial difference rather than presenting a lower component subtotal as all-in.
learcapital.com source· as ofRepurchase information is incomplete
The supplied repurchase field has partial status. It is excluded as an established buyback policy here. Ask Lear for the actual bid, the sale process and any custody or liquidation charges before relying on a future exit estimate.
learcapital.com source· as ofLear Capital FAQ
What purchase minimum does Lear Capital publish?
The sourced Lear fee page lists a $10,000 IRA purchase minimum. It is separate from the recurring account costs and does not establish a dealer spread for a particular metal purchase.
learcapital.com source· as ofWhat annual account totals does Lear list?
The sourced fee page lists $235 annually with non-segregated storage or $285 with segregated storage. Confirm the selected arrangement and applicable written schedule; these figures do not price every future transaction.
learcapital.com source· as ofHow does the calculator handle Lear’s first-year total?
Lear lists $315 for the first year with standard storage and $365 with segregated storage. The standard-storage calculator reconciles its component subtotal to the published first-year total through an initial adjustment, without inventing a separate charge name.
learcapital.com source· as ofWhich custodian is named in Lear’s sourced account instructions?
The sourced account-opening page names Equity Trust Company. A named custodian and a published subtotal do not replace the complete account agreement or establish the dealer’s purchase and resale prices.
learcapital.com source· as of