Lexi Capital is one of the most well-known names in the gold industry in the US. Headquartered in Chapel Hill, North Carolina, the company was founded in 2010 by two alumni from UCLA.
As a relatively new company, Lexi Capital has positioned itself well in the industry as investors are increasingly looking to diversify their investment portfolios to include precious metals. While Lexi Capital has several precious metals offering, they consider gold to be their topmost priority.
Reputation & Ratings
Lexi Capital refers to its team as Gold IRA specialists. They formed just 4 years ago in 2010 and were only accredited two years later, so there is still time for Lexi Capital to make its mark in the investment industry, both state-wide and nationally.
A glance at their website shows a confident player in the investment market. They appear to have “arrived” at least as far as their sleek internet appearance is concerned. Read the following article to learn if Lexi Capital is earning a positive reputation and getting off to a good start.
A Few Complaints So Far
At this point, there are few complaints posted online about Lexi Capital. One issue on the Better Business Bureau site related to a delivery issue but is now closed. Any other points of view might become the object of further investigation. Investors who work with Lexi Capital will be guinea pigs in a sense. They will be testing the water for consumers who come after them.
The Better Business Bureau Verdict
Too little time has passed since Lexi Capital started bringing gold IRAs to the public from their Raleigh North Carolina office. The Better Business Bureau is only able to award an A-. Remember that this is still a fair and positive grade, one that shows Lexi Capital has made a positive start.
The Business Consumer Alliance Review: or Not
The Business Consumer Alliance has not yet posted an article or rating of Lexi Capital.
Do not be alarmed. They might not have caught up with Lexi yet, or perhaps Lexi Capital has not been forthcoming with requests for information so far. As it stands, the BCA is not saying anything. Move on to the next review source for a bigger picture.
Where Trustlink Stands on Lexi Capital
At least Trustlink has received reviews, though only 3 of them. One comes from 2011 after which there was a long silence. This might have been worrying if not for the fact that two more reviewers made their mark in 2014. All three customer posts gave the business 5 stars, but if this is the selection readers have to choose from, it is paltry and insufficient. Between the lack of information on the BCA website and no reviews on the BBB, customers have to realize they are taking a bit of a chance.
What Did Trustlink Reviews Say?
Those three reviews referred to shipping, education, and the overall experience. Shipping was so fast customers received their orders ahead of the expected delivery date. Advice and instructions were abundantly clear. Customers enjoyed working with Lexi Capital’s associates.
So you have read the review above and found the information lacking: visit Lexi Capital online. Feel them out; find out where their leanings are. Decide if their clientele is mostly corporate, community, or mixed.
Lexi Capital is also bold enough to tell clients they should call for customer referrals. They would no more sign a contract with an unknown company than you would, so perhaps the lack of details on other sites is deliberate. They would rather potential clients form opinions based on a conversation and a view of what existing and former clients have to say. The policy is new and confident. It suggests that visitors will be impressed.
The company has a range of products that are made available to investors — bullion coins and bars, numismatic and semi-numismatic coins, collectibles, special edition bullion, and more. The company deals in coins that have offered higher returns in the two-way market and maintained high demand in the industry. The company’s coins and bars always come with a guarantee by a reputable private mint or a reputed government mint.
Lexi Capital Gold IRA
Once you have decided to transfer your existing funds into a precious metals IRA, you will need to find a firm with a good track record. In essence, Lexi Gold operates like several companies in the precious metals space investing in gold and silver coins, bullion and other precious metals.
Lexi Capital is largely regarded as a Gold IRA specialist, helping their customers to transfer or rollover any existing IRA or 401(K) plan into a precious metals IRA.
Transactions, Fees and Operations of Lexi Capital
The minimum US order to be placed with the company is $1,500 per transaction, irrespective of the method of payment. Should an order be cancelled, the company charges a $45 cancellation fee, along with a few other stipulations.
The company provides a 3% discount to customers who pay for their orders via check, cash or bank transfers. In case of a credit card payment, the customer is liable to pay the additional 3%.
All Lexi Capital orders are shipped through registered and insured US Mail or Federal Express. All packages are fully insured and are likely to require the receiver’s signature upon delivery.
If a package is sent via registered and insured mail, it can take anywhere between 5 and 10 business days. Due to insurance restrictions, tracking numbers are not given to customers.
However, a tracking number can be made available if the package has not been received within 30 days from the shipping date. Lexi Capital charges an additional fee for US shipping, handling and insurance. The company charges $14.95 for orders of $1,500 — $14,999 and does not levy any charges for orders of $15,000 and above.
The company does not keep customer service phone hours, as all their sales have been moved online. You can get in touch with them through their website’s “Contact Us” link. Emails are recommended as the fastest way to get in touch with customer service representatives.
Lexi Capital Review
If you research Lexi Capital online, you will see that they enjoy a solid reputation, across most of the websites of the industry watchdogs. Lexi Capital is considered to offer good service and competitive prices across the industry.
This does not imply that you should blindly choose to invest with the company. It is always advisable to do considerable research and conduct comparisons between different companies, before making a choice on your precious metals partner.
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