Regal Assets Review
Regal Assets started as a small business founded by Tyler Gallagher, then evolved into an international company with offices in Beverly Hills, California; Toronto, London; and Dubai, United Arab Emirates. Regal Assets offers gold and cryptocurrency IRAs, or you can combine both assets in one account.
We spoke to a Regal Assets representative to get the correct minimum investments and fees. If you find different numbers on other review sites, they are likely not accurate. Confirm all fees before you set up an account.
- Low flat fee for both precious metals and cryptocurrency storage
- Years of experience with alternative asset investments
- Experienced account executives
- No fees to sell metals from an IRA
- Cryptocurrency IRAs insured up to $2 million
- Fee information could be more informative on the website
Regal Assets recommends allocating 10% to 20% of your investments to precious metals in retirement savings. The company reminds investors that cryptocurrency is highly volatile and should only be purchased with funds you can afford to lose.
Regal Assets Precious Metals for IRAs and Collectors
You can buy gold and other precious metals from Regal Assets with a minimum $5,000 investment. An IRA must hold only certain precious metals, and an account executive assists with choosing appropriate assets. Clients receive education to choose suitable precious metals, whether collecting or diversifying retirement assets within a self-directed IRA.
|Gold||American Eagle and Buffalo, Canadian Maple Leaf, Chinese Panda, Austrian Philharmonic, Gold Britannia, South African Krugerrand||1 kilo, 10 ounces, 1 to 50 grams and other weights|
|Silver||American Eagle, Canadian Maple Leaf, Austrian Philharmonic, Australian Kookaburra and Koala, Silver Britannia||10 and 100 ounces|
|Platinum||American Eagle, Canadian Maple Leaf, Australian Koala||none|
|Palladium||Canadian Maple Leaf||1 and 10 ounces|
The IRS specifies that precious metals held in an IRA must be securely stored. Regal Assets provides allocated storage for each client’s gold, silver, platinum or palladium. Your precious metals are always separate from other orders, and you are free to view your investment at the storage facility.
You should have your precious metals within seven days of finalizing your order. However, all gold IRA companies experience delays during periods of high demand.
Regal Assets Cryptocurrency IRAs
With Regal Assets, clients can combine crypto with precious metals or open a cryptocurrency IRA. An account executive can answer cryptocurrency questions to help you select those likely to be a good fit for your portfolio.
The minimum investment for cryptocurrency from Regal Assets is $5,000 (not $25,000 as published on various review sites). Regal Assets currently lists 20 available cryptocurrencies and notes OMG will soon be available. Lloyd’s of London insures accounts for up to $2 million in the unlikely event the account is hacked.
Basic Attention Token (BAT)
STASIS EURO (EURS)
How to Open an Account with Regal Assets
Start by filling out a secure online form to establish an account, or call the company. An account executive will help you transfer retirement funds or roll over an existing IRA into the company’s trademarked Regal IRA.
You can also buy precious metals from Regal Assets to hold outside of a retirement account. Regal Assets deals in gold, silver, platinum and palladium, and over 20 cryptocurrencies.
Regal Assets IRA Costs
The transaction fee for a crypto IRA is 1%, with an annual 1% storage fee. Regal Assets precious metals IRAs have a yearly $100 administration fee and a $150 fee for precious metals storage. Various other fees come into play for special services most people do not need.
Regal Assets is one of few alternative asset IRA companies that charge nothing when clients sell their investment.
Regal Assets provides segregated precious metals storage. Fees for buying and selling your assets are included in the price an account executive quotes. Lock in your price to avoid dealing with gold, silver and palladium price fluctuations.
Regal Assets Complaints
Regal Assets alludes to having a perfect 5-star rating from customers. Regal Assets scores high marks on several review sites, but is not perfect. The company encourages clients to leave reviews on TrustLink, where it has a 4.6 out of 5 star rating. Regal Assets has a AAA (the highest rating) with Business Consumer Alliance and receives 4.9 out of 5 stars from Birdseye reviews.
Gold IRA Handbook gives the company 4.5 out of 5 stars, and Regal Assets gets a B- from the Better Business Bureau. Five customers left reviews citing a need for greater communication, with reviews averaging 2 out of 5 stars.
Regal Assets FAQ
Does Regal Assets employ investment advisors?
No, Regal Assets account executives are not licensed investment advisors. The company educates clients so they can choose investments, then account executives make trades on the client’s behalf. These specialists must have at least five years of experience with precious metals.
What type of retirement account can I transfer to a Regal IRA?
Regal Assets has assisted thousands of clients with transferring or rolling over funds from an IRA, SEP plan, 401(k), 403(b) and TSP.
Can I keep gold I buy from Regal Assets in my home or a safe deposit box?
If you buy precious metals outside of an IRA, you are free to store your bars, bullion or coins wherever you like. While we do not recommend storing gold at home, Regal Assets will ship your metals to you in discreet packaging. Assets are fully insured until you receive them.
Does Regal Assets manage client portfolios?
Regal Assets’ business is strictly buying and selling alternative assets. The company does not employ financial advisors. Regal Assets refers clients to custodial and trustee services to manage IRA documentation for tax purposes. These services have separate fees, so carefully compare your options.
Does Regal Assets provide an online client account portal?
Many investment firms allow clients to log on to an online portal to view portfolio performance. We found no mention of this level of service on Regal Assets’ webpage. Confirm how you can check on assets in the future before investing.
Regal Assets offers a substantial selection of gold and other precious metals and cryptocurrency to diversify retirement savings accounts. The company has years of experience helping clients set up cryptocurrency IRAs and precious metals IRAs. Regal Assets offers segregated precious metals storage for a low annual flat fee and insures bitcoin IRAs for up to $2 million.