I'm Donny. I'm a world traveler, investor, entrepreneur, and online marketing aficionado who has a big appetite to compete and disrupt big markets. I thrive on being able to create things that impact change, difficult challenges, and being able to add value in negative situations.
Important Note: There are many legitimate gold IRA companies, but Regal Assets is not one of them. Due to the recent influx of customer complaints about metals never arriving, accusations of fraud and several lawsuits, you should think twice before trusting Regal Assets.
- Low minimum investment
- Offers crypto assets
- Industry competitive fees
- 10+ year old company
- No online purchase available
- Not rated on BBB
Many investors have turned to alternative forms of investing, such as cryptocurrencies and precious metals, due to economic uncertainty.
Regal Assets began 12 years ago and has over 1,800 positive reviews. While many reputable companies offer these kinds of investment services, many scams take money from unsuspecting investors who are trying to protect their savings.
Regal Assets offers crypto and precious metals investing services — but can you trust this company? Keep reading this Regal Assets review to find out.
What is Regal Assets?
Regal Assets is a precious metal and crypto individual retirement account (IRA) company. It is one of only a few alternative asset companies that offers bitcoin and cryptocurrency investing for IRA accounts.
Smart Money, Bloomberg, the Forbes Finance Council, MarketWatch and Inc. 500 have recognized and praised Regal Assets for its financial services for many years.
While Regal Assets has diligently served its customers for nearly 10 years, it has recently come under fire and sustained hundreds of negative reviews for not delivering metals that investors have purchased.
While Regal Assets’ reviews are positive, and it holds an accreditation status from many third-party review websites, its reputation fell considerably in 2022.
It has an F Better Business Bureau rating, an F from the Business Consumer Alliance, and a two-star rating from TrustPilot.
Despite this, Regal Assets retains some trust from its long-term customers. It has a 4.9-star rating from Birdeye and a nearly five-star rating from TrustLink, although recent customer reviews on both platforms have become more negative.
Regal Assets Services
Regal Assets offers investors two primary services: precious metals IRAs and Regal IRAs. Both investment options have the same fee structure, although metal IRAs also have a storage fee.
Pricing for an IRA with Regal Assets is a flat $150 annual fee, which does not include what your chosen depository will charge you.
Gold IRA
Regal Assets’ gold IRA option offers investors a chance to invest with CNB Custody as their preferred custodian.
Gold IRA investors with Regal Assets have access to IRS-approved gold coins and bullion, including the following options:
- Gold bars that meet the IRS minimum fineness requirements
- American Eagle coins
- American Buffalo coins
- Chinese Panda coins
Investors must keep gold IRA investments in an IRS-approved storage facility. Regal Assets’ preferred storage option is Brink’s Global Services.
In addition to Regal Assets fees, investors must pay an annual storage fee to their chosen depository.
Regal IRA
In 2014, the IRS classified digital currencies as property. While this means that investors cannot add digital currencies directly to their investment portfolios, it does allow investors to use assets within an existing portfolio to purchase cryptocurrency.
Cryptocurrencies are highly volatile, so many companies have decided not to allow their customers to use their IRAs to purchase digital currencies.
Regal Assets has become an industry leader because it is one of only a few places where investors may purchase cryptocurrency while enjoying the tax benefits associated with IRA investing.
Regal IRAs support precious metals, including palladium, silver, gold and platinum, and cryptocurrencies. This unique feature means that investors who choose to invest in a Regal IRA account do not have to limit themselves to one type of investment.
According to Regal Assets’ website, Regal IRAs may contain the following types of cryptocurrencies:
- Bitcoin
- Ethereum
- Litecoin
- Ripple
- Stellar
- Zcash
- Cardano
- Dogecoin
Regal Assets Fees & Minimum Investment
Precious Metals IRA Transactions
Custodian Fees | $150 per year |
Minimum Investment | $5,000 |
Non-IRA Transactions
Minimum Investment | $2,500 |
Who Should Use Regal Assets?
You could consider investing with Regal Assets if the following apply to you:
- You want to invest in an alternative assets IRA.
- You are looking for tax-beneficial ways to include cryptocurrency in your retirement portfolio.
- You want to diversify your retirement savings.
How Does Regal Assets Compare?
Primary Rating:
2.0
|
Primary Rating:
5.0
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Primary Rating:
5.0
|
Minimum investment:
$5,000
|
Minimum investment:
$25,000
|
Minimum investment:
$50,000
|
Fees:
$180/year (custodian fee)
|
Fees:
$175-$225/yr
|
Fees:
$200/year
|
Promotion:
Fees waived for the 1st year
|
Promotion:
Up to $10,000 or more in free silver (with a qualified account)
|
Promotion:
Zero fees for up to 10 years (depending on the investment amount) (depending on the investment amount)
|
|
Getting Started with Regal Assets
If you decide you want to invest with Regal Assets, your investment process will follow these steps:
- Request a free investors kit: Regal Assets offers information to new investors free of charge with no commitment required.
- Speak to an IRA specialist: Regal Assets will put you in touch with one of its account specialists, who will answer any remaining questions you might have and get you started with the investment process.
- Open your IRA: Once you are confident you want to invest, you can choose between a regal IRA and a precious metals IRA, depending on whether you want to invest in cryptocurrency or gold.
- Fund your self-directed IRA: The minimum investment for an IRA from Regal Assets is $10,000. Because the minimum investment is above the IRS contribution limit, you will need to roll over from an existing retirement account to fund your new account. Most investors use their traditional IRA or an existing 401(k).
- Purchase your precious metals or cryptos: After your funds have cleared, you can choose to invest in precious metals, crypto or a combination of both.
Regal Assets Reviews
I also gave a very nice review when I invested in 2013. I retract all that. Do not deal with this company! I invested $35,000.00 in January 2013 based on BBB A plus rating. Paying approximately $250 custodial fee every year. I have lost over $13,000 and no contact with this company.
Rosa F., Verified Trustpilot Customer
Should I Invest with Regal Assets?
Regal Assets has many claims of fraud and dozens of reviews from customers who have not received their purchases more than a year later.
If you want to invest in precious metals and cryptocurrency while protecting your retirement account, you should talk to your financial advisor about alternate companies with more esteemed reputations.
Regal Assets FAQ’s
These are the most common questions about investing with Regal Assets.
Is Regal Assets a legit company?
Regal Assets was a legitimate company with many positive reviews for many years. However, it has recently come under fire for not delivering purchased metals.
Who owns Regal Assets?
Founder and CEO Tyler Gallagher owns Regal Assets LLC.
Does Regal Assets have any pending lawsuits or complaints?
Yes, Regal Assets has many unresolved complaints for not delivering purchased metals and has been involved in numerous lawsuits.
Where are Regal Assets’ offices located?
Regals Assets’ corporate headquarters is in 280 S Beverly Dr 5th Floor, Beverly Hills, CA 90212. Customers can visit additional offices in Toronto, London and Dubai.
Goldco is a leader in the precious metals industry, with over a decade of experience helping customers protect their retirement savings.
Regal Assets
Regal Assets is the lead provider of both gold and cryptocurrency IRA rollovers.
Product Brand: Regal Assets
2
Regal Assets
Regal Assets is the lead provider of both gold and cryptocurrency IRA rollovers.
Product Brand: Regal Assets
2
I'm Donny. I'm a world traveler, investor, entrepreneur, and online marketing aficionado who has a big appetite to compete and disrupt big markets. I thrive on being able to create things that impact change, difficult challenges, and being able to add value in negative situations.
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