Welcome to my comprehensive Regal Assets review…
The last few years have seen a growing interest in trading cryptocurrencies and precious stones, especially gold IRA, as a viable alternative to trading in the stock market.
More so, investing in gold IRA has proven to be a reliable way to grow your investment due to the stability of the precious metals.
On the other hand, cryptocurrencies are revolutionizing the entire financial industry.
There has never been a better time to dive into crypto trading.
Cryptos provide a secure, anonymous way of investing that has the probability of earning you millions real quick.
However, the risk of losing your cash just as fast is also high.
This has its merits and demerits.
The merits include you getting multiple options to choose from, which brings about competitive prices and offers to investors.
However, the downside of having many companies to choose from is that it gets difficult to sort out the legit ones from unscrupulous scammers.
In an attempt to sort out the best investment company offering crypto IRA and precious metals investments, one keeps popping up.
In this piece, we have done the hard yards to help you determine whether Regal Assets is an ideal precious metals company to diversify your investment portfolio.
Here's What's In Store For You...
- Regal Assets Review – All You Need to Know
- What is Regal Assets
- Regal Assets is Not For You If…
- The cons of Regal Assets
- Regal Assets Reviews From Customers
- What I Like About Regal Assets
- 1) Exceptional customer service
- 2) Reasonable delivery timelines
- 3) Segregated storage
- 4) Outstanding reputation
- 5) Favorable competitive and flat fees
- 6) Buyback program
- 7) Offline wallet for storage of cryptocurrencies
- 8) Cold storage
- 9) Insurance of cryptos by Lloyds of London
- 10) Free reports
- 11) Simplified 401(k) to Gold IRA rollovers
- What to Watch Out for When Choosing Regal Assets
- Getting Started
- Which assets can you purchase?
- Summary and Conclusion
- Frequently Asked Questions (FAQs)
Regal Assets Review – All You Need to Know
What is Regal Assets
Tyler Gallagher founded Regal Assets in 2009, having worked with a financial investment company several years prior.
The company’s corporate HQs are in Beverly Hills, California, in the United States.
They also have subsidiaries in the UK, Canada, and Dubai, from where they serve their international clients.
Since its founding eleven years ago, this precious metals company has grown to become one of the leading precious metals IRA investment companies in the US.
Because of this growth, Tyler Gallagher who is the company CEO was invited to be a council member of Forbes Finance.
Gallagher has also featured on Smart Money, Yahoo Finance, and Bloomberg.
Coupled with a string of happy clients and a formidable team of experts, this Precious metals investment company has established itself as a reputable gold IRA investment firm.
Regal Assets is ranked among the top 500 fastest growing firms by the Publication’s 500 List and the only company among gold IRA companies.
The company deals in more stable assets such as palladium and platinum in addition to gold and silver.
The go-to investment partner has also managed to revolutionize customer service.
The majority of unbiased third-party regal assets reviews have featured Regal Assets favorably with very few complaints.
Regal Assets began as a dealer of gold IRA and built a reputation of enabling people to invest in physical gold and including it in their retirement accounts savings.
The company dedicated a Retirement Department to attend to customers interested in rolling over or transferring existing retirement plans into gold IRAs.
Before long, the company became the leading gold IRA investment firm in the US and soon after started expanding internationally.
Regal Assets is Not For You If…
Regal Assets helps in buying and selling of precious metals and cryptocurrencies.
It also has a limitation on the starting investment that an investor can make with them.
As such, the company’s investment portfolios may not be suitable for everyone.
Regal Assets is not for you if;
- You’re looking for stock markets trading platforms such as eToro or Capital.com.
- You want to start investing with less than $5,000.00 for your initial investment.
- You want to start a money-laundering business or fund a terrorist organization. Regal Assets has an anti-money laundering program.
- You want to invest in other precious metals besides gold, silver, platinum, and palladium.
The cons of Regal Assets
1) $5,000 minimum investment
Regal Assets has a minimum limit on the amount you can invest in precious metals.
This amount may not be easily affordable to some investors hence deterring an otherwise sound investment opportunity.
2) Retirement accounts minimum investment of $25,000.
If you want to open a retirement portfolio with this firm, this is the least amount you can start with.
Unless you have huge sums to invest for your retirement, you can forget about this company.
3) Only For Those In Developed Countries
The company states that its services are available in almost every developed country thus excluding some developed and majority if not all of developing countries.
As of the writing of this regal assets review, there were only a handful of countries to which their services had reached.
This might have unprecedented cost implications.
4) Takes Time to Get Things Over With…
It may take longer to process and complete the rollover process and delivery of purchased physical assets.
The rollover process can take between 15 to 30 days.
Although this timeframe is below the industry average, it may be slow if you are looking to start your IRA investment portfolio quickly.
5) Not the best option for investors inexperienced in cryptocurrencies
Cryptocurrencies are fairly new and complex digital concepts.
They also present the most volatile investment assets currently in the market.
The company deals with a wide range of cryptos, making it even more challenging if you have little or no crypto trading experience.
Our recommendation is to talk to one of their representatives to thoroughly walk you through and make sure to download their investment guide.
Regal Assets Reviews From Customers
Regal Assets has built its reputation as a precious metals dealer and has received media mention as experts in Gold IRA investment.
This reputation has had them feature as the only precious stones dealer in the Forbes Investment Guide.
Besides the media mentions, Regal Assets also pops up in most web searches about gold IRA reviews.
Thorough research into unbiased independent third-party business reviews that put customer testimonials into consideration shows that the company is well regarded.
Here is how Regal Assets has ranked based on reputable review bodies such as better business bureau, business consumer alliance, Trustlink, and BirdEye.
1) Business Consumer Alliance review of Regal Assets
The BCA AAA rating of Regal Assets says a lot about the company, given that this is the highest rating the review body can provide.
BCA notes zero customer complaints against this investment company.
This is based on 57 customer reviews that BCA recorded which gave Regal Assets a 5-star rating.
Trustlink is a thorough and rigorous independent business review body.
It has recorded over 1000 customer reviews about Regal Assets, with most of them coming out positively.
The overall star rating of Regal Asset on this review platform is 4.5 out of 5.
According to most customers on Trustlink, Regal Assets has satisfactory services.
Accordingly, a few names of the company’s top management have popped up in these reviews regarding how they acted swiftly to customer queries and concerns.
The overall uncertainty of this type of policy had thrown gold IRA investments into limbo, and many investors said they were burned.
Regal Assets was able to restore these customers’ confidence in Roth IRA rollovers and alternative assets.
Given that most of these Regal Assets reviews are recent, it is evident that this company has been able to maintain consistent top-tier performance.
The customer testimonials posted on Trustlink were verified in entirety by BirdEye, another comprehensive third-party business rating website.
3) BirdEye Regal Assets review
BirdEye carried another independent Regal Assets review to ascertain the level of customer satisfaction.
At BirdEye, there are over 1500 Regal Assets reviews, with an overall rating of 4.9 out of 5 Stars.
Many customer testimonials on BirdEye point out that the company has knowledgeable staff who answer queries comprehensively.
Additionally, they claim that the company provides excellent investment advice that is in the best interest of their clients.
What I Like About Regal Assets
Regal Assets has managed to set itself apart by remaining true to its goal and mission of providing diversified precious assets and crypto IRA.
The company continues to be a pacesetter in the financial services industry with plenty of advantages and product features.
Here are some of the notable pros of using Regal Assets as your ideal alternative assets investments partner.
1) Exceptional customer service
Customer service at this precious metals dealer is top class and available around the clock.
There is even a dedicated staff for each account holder who serves you throughout the week should you have concerns about your rollover process.
The staff at this company exude the highest level of professional integrity.
What is even more interesting is that Regal Assets has a minimum experience threshold required for its recruits.
It’s no surprise, therefore, that the customer service is exemplary and dispensed by a staff well versed in cryptos and precious metal investments.
Besides, there is a toll-free number which you can use to contact the company’s customer support.
Other communication channels available include a live chat and email address.
2) Reasonable delivery timelines
Regal Assets allows you to purchase and order the delivery of precious metals to your custodian’s location of choice.
It takes 7 days to get the physical assets to your preferred destination, which is quite fast compared to other companies in this line of work.
In fact, this gold dealer guarantees to deliver your assets within this timeframe, failure to which the company compensates you handsomely.
3) Segregated storage
By offering segregated storage, the financial services company ensures your assets are stored individually.
This means that your assets will not be bundled up with those of other clients.
The significance of this is that your assets will only be identified as yours alone.
Should the depository, other clients’ assets, or Regal Assets face legal ramifications for any reason, your assets will be untouchable.
More interesting is that there are no extra fees involved for segregated storage.
The segregated storage provided is located at the Brinks depository in Salt Lake City.
4) Outstanding reputation
Regal Assets has worked tirelessly to be where it is, and it didn’t just stop there.
The investment hub has stood by the company’s business standards, which has earned it a spotless name among precious metals dealers.
5) Favorable competitive and flat fees
The first thing you’ll notice about Regal Assets is that they don’t have hidden charges.
The price quote provided by your account executive is what you’ll eventually pay irrespective of fluctuations in the value of the alternative assets.
The firm offers competitive fees with a favorable Regal IRA fee structure.
Unlike the scaled fees offered by its competitors, Regal Assets charges a flat annual fee for storage and admin.
Scaled fees can be disadvantageous, especially to investors looking to upscale the value of their investment funds.
What is more, this investment trendsetter provides a grace period of one year for all new account holders.
In this arrangement, IRA investments set up, storage, and administrative fees only start accruing in the second year.
6) Buyback program
Although the law prohibits Regal Assets from issuing a buyback guarantee, the company has always approved client requests to liquidate their metals.
The buyback program is fairly structured, with quoted prices reflecting the value of the assets on that specific date.
The company does not charge clients any fees for liquidating their precious stones.
7) Offline wallet for storage of cryptocurrencies
If you’ve invested in cryptos with Regal Assets, you can be assured of the safety of your digital assets in storage.
This is because of the Regal Wallet, a password-protected device onto which your cryptocurrencies are loaded.
This offline storage is encrypted for maximum security.
Since it is not connected to any internet network, the crypto wallet is hacker-proof.
8) Cold storage
Still on cryptocurrency, Regal Assets provides security for cold storage wallets of your digital currencies in secure vaults.
The secure hacker-proof vaults are located at the depository at Brinks, where Regal Assets allows you to secure your wallets without incurring any charges in the first year.
The cold storage fees for admin will not accrue if you’re also holding and paying for precious metal storage with the company.
9) Insurance of cryptos by Lloyds of London
Regal Assets provides insurance for crypto stored in physical cold wallets to a maximum value of $20 million.
They insure with the Lloyds of London, a leading insurance firm in the world.
10) Free reports
One thing I found exceptional about Regal Assets is the extent to which they go to ensure their customers are well informed about their investment choices.
They provide you with two useful reports for free.
The report goes further to recommend investment choices that could protect your wealth in such events.
The other report exposes common scams that have risen recently.
It also details home storage gold IRAs to help you learn how to distinguish the legit from the scam a mile away.
11) Simplified 401(k) to Gold IRA rollovers
Rollover of 401k to IRA always looks like a complicated process, especially with all the paperwork required.
Regal Assets makes the process look much simpler and faster.
Unfortunately, these private consultants don’t come cheap.
Regal Assets simplifies these rollovers into gold-backed IRA programs to take away the pressure of dealing with private consultants.
What to Watch Out for When Choosing Regal Assets
Regal Assets is a great investment platform if you’re looking to save for your retirement or simply earn yourself some precious stones and cryptocurrencies.
Regal Assets is a great choice that tailors crypto IRA to suit its clients.
While reviewing this company, I came across important information that every potential investor should know before starting an investment with this gold IRA specialist.
1) Do your personal research
As mentioned earlier, this company has highly knowledgeable account executives who will give you top investment advice.
But according to the company risk disclosure, the account executives are not licensed, financial advisors.
As such, they cannot recommend a preferable investment portfolio to you.
They are only authorized to sell the offered products, and they earn a commission from it hence their pitching does not constitute financial advice.
This means every potential customer must do the due diligence of following up with their own research to ascertain they’re being offered the best choice.
2) Approach buyback with caution
Regal Assets indeed accepts buyback assets from clients who wish to liquidate them.
But there’s a catch; as the person who initiated the buyback clause, it’s your responsibility to deliver the precious metals to Regal Asset’s vault before payment of the prices.
The company can re-adjust the buyback of the precious assets if you fail to send them to their vault within 24 hours of setting the buyback price.
3) Don’t invest more than 10% to 20% in precious metals
Precious metals can also fluctuate in price.
This is why Regal Assets advises clients to only commit between 10 to 20 percent of their investment portfolio in precious stones.
The current economic situation in the US and the world over might tempt some investors to move huge chunks of their portfolios into gold IRAs.
However, it is advisable to diversify your investment – this makes sure your portfolios meet safety, growth, and liquidity objectives.
Should you invest with Regal Assets?
During our in-depth review of Regal Assets and its standing, we believe they provide the best self-directed IRA investment options on the market.
The company also has nicely customized personal packages if you wish to open an account with regal assets.
But make sure you speak to a financial advisor before you begin.
Where do you start?
If you wish to rollover your 401k into IRA investment portfolios, this is done in 4 straightforward steps:
1) Request your free 2021 investor it provided on the Regal Assets website.
The company will send a comprehensively filled form by emailing it back to you to sign electronically.
2) An IRA account is opened in a span of 24 hours;
you’ll receive email notification of the account number.
Some paperwork will follow through, which is basically a transfer request that you can fill and submit electronically.
Regal Assets then approaches your 401k custodian to initiate the transfer.
3) Chat with an account executive
Once the funds have been successfully transferred to your newly opened regal ira account, an account executive will be in touch to guide you on the alternative assets investment options you can purchase.
4) Get your precious metals delivered
Upon deciding your preferred choice of assets, the prices will be set, and funding for the order will be initiated.
Your precious metals, should you opt for them, will be delivered to Brinks, and you’ll be notified of the delivery and storage of the same.
Which assets can you purchase?
Regal Assets offers Investment & Retirement Portfolios as well as Protection & Security Packages.
If you want to invest in bullions alone, you should go for Protection and Security Packages.
However, if you want to diversify your portfolio to include both precious metal and crypto IRA the Investment and Retirement Portfolios are your best bet.
In the first package, you’ll get Merchant and Knighthood packages.
These are secure and easily liquidated portfolios.
The second package comes with Knightship, Dynasty, Coronation, and Legacy portfolios in that hierarchy.
They come in different price packages so you might need to research them further to find the most suitable.
Purchasing Precious Metals
If you want to purchase precious metals, Regal Assets supplies international customers through Dubai and its American customers through its US subsidiary.
They have gold coins, silver, platinum, and palladium bars of different weights and sizes.
The typical sizes include;
- 1 oz Gold British Britannia Coin
- 1 oz Gold Australian Kangaroo Coin
- 1 oz Gold Canadian Maple Leaf Coin
- 1 oz Gold American Eagle Coin
- 1 oz Gold American Buffalo Coin
- 1 oz Gold Austrian Vienna Philharmonic
- 1 oz Gold Chinese Panda
- 1 oz Gold South African Krugerrand
- 1 oz Gold Islamic 8 Dinars Coin
- 1 kg Gold London Good Delivery List Bar
- 10 oz Gold London Good Delivery List Bar
- 1 oz Gold London Good Delivery List Bar
- 1 kg Al Etihad Gold Bar
- 1 kg Emirates Gold Bar
- 1 oz Silver American Eagle
- 1 oz Silver Canadian Maple Leaf Coin
- 1 oz Silver British Britannia Coin
- 1 oz Silver Austrian Philharmonic Coin
- 1 oz Silver Australian Kookaburra Coin
- 1 oz Silver Australian Koala Coin
- Kilogram Silver London Good Delivery Bar
- 100 oz Silver London Good Delivery Bar
- 10 oz Silver London Good Delivery Bar
- 1 oz Platinum American Eagle Coin
- 1 oz Platinum Canadian Maple Leaf Coin
- 1 oz Platinum Australian Koala Coin
- Regal Assets Palladium Products
- 1 oz Palladium Canadian Maple Leaf Coin
- 10 oz Palladium PAMP Bar
- 1 oz Palladium PAMP Bar
Regal Assets forged a partnership with Kingdom Trust and Coinbase in 2019 which enabled it to offer the best crypto IRA in today’s market.
There are two hubs through which Regal Assets supplies cryptos.
The first is from the US directly to US citizens – US regulations do not permit its citizens to purchase cryptocurrencies from other countries.
International clients can purchase cryptocurrencies through the Dubai offices.
Regal Assets offers a wide range of crypto commodities for customers interested in more than just precious metals.
You can view all the supported digital currencies on their cryptocurrencies webpage.
Summary and Conclusion
Regal Assets is the first company to offer alternative assets IRA among gold ira companies has grown its list of commodities provided at competitive rates.
Regal Assets as an IRA gold dealer and investment hotspot for other precious metals including silver bars and cryptos have a high profile in the market.
The good reputation led to more demand for Regal Asset’s services.
To ensure that it reached a wider market base, the company expanded and went international with offices in Dubai, UK, and Canada.
From these branches, the company has been able to supply precious metals and cryptocurrencies to customers based out of the US.
Frequently Asked Questions (FAQs)
Is Regal Assets Legit or Scam?
Regal Assets holds a trading license in all the countries where its offices are located. Independent third-party business review bodies have reviewed its operations and rated it highly. The company has also never faced court cases or legal ramifications.
How long does it take to set up my account with Regal Assets?
Regal Assets has a dedicated team of experts who expedite the process of account creation to make it one of the fastest in the market. It takes 15-30 days to complete the rollover process of 401k(s).
The new account opening process will only take 24 hours.
Can I store precious metals at home?
Unfortunately, you cannot store the precious stones at your home. The IRS rules require you to find a custodian who will safely hold the purchased metals for you.
What types of bullion are accepted for IRA account?
Regal Assets offers gold, silver, palladium, and platinum bullions which the IRS approves. If you wish to store bullions in your investment account, the purity accepted standards by IRS must be met irrespective of their age or rarity.