| Attributes | Lear Capital Gold IRA | OWNx IRA |
| Premium over Spot Price | 2% – 20% markup over spot price | 0% markup over spot price |
| Setup / Maintenance Fees | $280 for the first year, then $200 annually | $249 annual maintenance fee |
| Minimum Investment | $10,000 minimum for IRA rollovers | No minimum |
| Storage Fees | Varies | 0.5% per year, assessed monthly |
| Investment Process | Three-step process: complete an online form, make an investment decision, and open an account with guidance | Online application and digital platform with 24/7 access for buying and selling within the IRA |
| Metals Offered | Mainly gold and silver | Gold, silver, and platinum |
| Unique Features | Price Advantage Guarantee, robust customer support, and educational materials | Fractional ownership, no premiums on purchases, intuitive mobile app, and online dashboard |
| Customer Experience | Traditional service model with assigned account representatives and extensive educational tools | Tech-driven approach with real-time account management and instant transaction capabilities |
Founded in 1997, Lear Capital is known for its traditional approach to precious metals IRAs, focusing on gold and silver investments. Ideal for investors ready to commit significant capital, Lear Capital requires a minimum investment of $10,000 for IRA rollovers.
Lear Capital offers a three-step investment process with professional assistance, ensuring a straightforward experience. The initial fee is $280 for the first year, followed by $200 annually. These fees cover insurance and online account access. The company prides itself on personalized support and comprehensive educational resources, including a Price Advantage Guarantee, ensuring you get the best value for your investments.
Established in 2008, OWNx revolutionizes precious metals IRAs by leveraging technology to make investing accessible and affordable. With no minimum investment, you can started right away and grow your account over time.
OWNx’s fee structure includes a $249 annual maintenance fee and a 0.5% storage fee billed monthly. They offer a diverse range of metals, including gold, silver, platinum, and palladium. The investment process is streamlined through a user-friendly digital platform that allows for 24/7 buying and selling, real-time account management, and instant transactions via their mobile app and online dashboard.
If you’re looking for a modern, flexible option, OWNx is the way to go. With no minimum investment, zero premiums, and a user-friendly digital platform, OWNx makes investing in precious metals accessible to everyone. Features like fractional ownership and 24/7 trading make it easier to manage your investments on your terms.
In the end, while Lear Capital has its strengths, OWNx’s innovative use of technology significantly lowers costs and lowers the barrier to entry by making precious metals IRAs more accessible and manageable. Take a look at your personal needs and goals to decide which platform fits best into your retirement strategy.
