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Press Release


Lear Capital Selects Equity Trust Company as Preferred Custodian for IRA Investing in Precious Metals


December 03, 2019

WESTLAKE, Ohio–(BUSINESS WIRE)–Lear Capital, a leading precious metals company with a long-standing history of providing customers with precious metals as an alternative investment to diversify individual retirement account holdings, announced today it has awarded a custodial services contract to Equity Trust Company. A premier custodian of alternative assets, including precious metals in IRAs, Equity Trust was chosen because of its extensive experience and breadth of services.

“We are excited to partner with Lear Capital in serving the precious metals IRA market,” said Dave Allen, Chief Operating Officer of Equity Trust. “We look forward to providing a first-class customer experience, fueled by fast and reliable processing.”

Together, Lear Capital and Equity Trust Company will serve individuals looking to diversify their portfolios with investments in precious metals by providing a seamless, integrated workflow ensuring transactions are completed safely and accurately.

“We selected Equity Trust because it is a leading self-directed IRA company for alternative assets in the U.S. This fact gives us and our customers peace of mind which is the reason for our existence, to bring peace of mind to people’s retirement investment,” said John Ohanesian, CEO of Lear Capital.

About Equity Trust Company

Equity Trust Company is a financial services company that enables individual investors and financial professionals to diversify investment portfolios, using alternative asset classes such as real estate, tax liens, private equity, and precious metals. The Equity Trust family of companies offers custodial services for alternative investments and back-office solutions for RIAs, brokerage services, directed trustee services and more. Equity Trust Company is the trusted custodian and administrator of $25 billion in assets on behalf of more than 170,000 clients. For more information, visit

About Lear Capital

Lear Capital, Inc., founded in 1997, is a leading retail seller and purchaser of precious metals. The Company sells gold, silver, platinum and palladium coins for individual collection/holding and/or placement in self-directed individual retirement accounts. For more information, visit

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