Last updated September 2022
Regal Assets Review
Overall Rating Summary
Regal Assets have long had a good reputation as a leading provider of Gold IRAs. They are a company that innovates and that is shown through the provision of Cryptocurrency for your IRA. They have some of the highest reviews on sites such as Birdeye, BBB, and TrustLink.
Ease of Set Up
Pros & Cons
Here Are The Key Takeaways
Regal Assets offer the best selection of precious metals and have their own IRA, allowing crypto for greater diversification. Historically Regal was seen as the #1 gold IRA company, but other companies have overtaken them. They still offer a good service, with low fees, and are still worth talking to as an option for investment, in my opinion.
Regal Assets: The Only Review You Need to Read!
Who Are Regal Assets?
Regal Assets is a company that traditionally provided retirement products held in Precious Metals IRAs. It has also recently branched out into a new area, Cryptocurrency IRAs. Just like its precious metals offerings, cryptocurrency offerings have received much positive attention. The company boasts numerous awards.
Regal Assets was founded back in 2009 by Tyler Gallagher, an account executive, and US gold dealer. The company specializes in self-directed Precious Metals IRAs and Cryptocurrency IRAs. Interestingly, Tyler managed to achieve all this with just a modest investment of $5,000.
Tyler was looking to streamline and revitalize the precious metals investment industry. He managed to do exactly that by eliminating bureaucracy. Besides demystifying precious metal investments, he strived to reduce the confusion that marred the industry.
Who Should Invest in Regal Assets?
It is important to understand that Regal Assets is not for everybody. However, it is a good option for any of the following people:
– Regal Assets is a good option for those looking to shield their financial investments from inflation and economic hardship. Investing in precious metals and some digital assets can be a good way to ride out any downturn in the traditional assets market until things start improving.
– Regal Assets are also a good option for those that want to own physical investments. Precious metals have been around for centuries and will likely continue for a long time. Investing in precious metals can thus be a timeless investment in your portfolio.
– If you are close to retirement and would like to grow and protect your retirement account, Regal Assets can be a great option for you too.
Regal Assets Fees
Regal Assets charges a flat fee of $250 for all retirement accounts regardless of the value they hold.
Regal Assets Reputation
Regal Assets has received a lot of praise and numerous accolades over the years. In fact, it was named Inc. 500’s top 20th company for 2013. Tyler Gallagher, the company’s CEO, is also a member of the Forbes Finance Council.
Regal Assets has been featured in numerous websites and publications, which include Cointelegraph, Bloomberg, Smart Money, Bitcoin Inc. Magazine, Seeking Alpha, Forbes, And more.
Regal Assets has a top ranking across the following verified client review websites, which include:
– 5-star Average Rating with Trustlink
– AAA Rating with the Business Consumer Alliance, which is the highest rating possible
– 4.9-Star Average Rating on BirdEye
– A+ Accreditation with the Better Business Bureau (BBB)
There are several negative reviews online concerning Regal’s poor communication at times. Also, they no longer have Better Business Bureau accreditation; I don’t know why that is.
Regal Assets Product Offerings
Regal Assets has multiple investment options that you can choose from. Below, I will look at the company’s four main product offerings in greater detail:
I. Precious Metals IRAs
Regal Assets Precious Metals IRAs provide an excellent way to diversify your portfolio while also taking advantage of IRAs’ tax benefits. A Precious Metals IRA with the company allows you to hold silver, gold, palladium, and platinum as opposed to bonds or stocks, as with a traditional IRA.
You can set up a new Precious Metals IRA or roll over your existing retirement account with Regal Assets. The vast majority of retirement accounts, including 401(k)s, 403(b)s, TSPs, and SEPs, may be eligible for a transfer or rollover. If you are unsure if your current retirement plan is eligible, contact the Regal Assets team, who will work with you to determine whether it can be rolled over.
Regal Assets has made every effort to make it as simple as possible to set up a Precious Metals IRA. You will find a quick information form on the company’s website to complete and then a member of the team will get in touch with you to complete setting up your account, getting the funds transferred, and purchasing the precious metals to add to your account.
Regal Assets has a wide selection of IRS-approved precious metal bars and coins that you can add to your IRA, which include:
Gold Products: Coins
– 1 oz Islamic 8 Dinars Gold Coin – 1 oz South African Krugerrand Gold Coin – 1 oz Austrian Philharmonic Gold Coin – 1 oz American Buffalo Gold Coin – 1 oz American Eagle Gold Coin – 1 oz Canadian Maple Leaf Gold Coin – 1 oz Australian Kangaroo Gold Coin – 1 oz British Britannia Gold Coin
Gold Products: Bars
– 1 oz London Good Delivery List Gold Bar – 10 oz London Good Delivery List Gold Bar – 1 kg Emirates Gold Bar – 1 kg Al Etihad Gold Bar – 1 kg Gold London Good Delivery List Bar
Silver Products: Coins
– 1 oz Australian Koala Silver Coin – 1 oz Australian Kookaburra Silver Coin – 1 oz Austrian Philharmonic Silver Coin – 1 oz Britannia Silver Coin – 1 oz Canadian Maple Leaf Silver Coin- 1 oz American Eagle Silver Coin
Silver Products: Bars
– 10 oz Silver London Good Delivery Bar – 100 oz Silver London Good Delivery Bar – 1 kg Silver London Good Delivery Bar
– 1 oz Australian Koala Platinum Coin – 1 oz Canadian Maple Leaf Platinum Coin – 1 oz American Eagle Platinum Coin
– 1 oz Canadian Maple Leaf Palladium Coin – 1 oz PAMP Palladium Bar- 10 oz PAMP Palladium Bar
II. Cryptocurrency IRAs
Let me start by personally saying that I am not a fan of cryptocurrency, which doesnt make it a bad thing to invest in, but because Regal Assets do offer it, I am adding it to their review.
In addition to the ability to invest in precious metals, the company also offers clients the opportunity to invest in cryptocurrencies. Cryptocurrency has been growing in popularity. However, it has suffered a massive crash recently as I have already pointed out and I wait to see if the popularity trend will bounce back and continue.
Regal Assets allows you to diversify your portfolio of investments by investing in Cryptocurrency IRAs through Regal Wallet. Having some of your money held in precious metals, some held in cryptocurrency, and some held in traditional assets like stocks and bonds will keep you in good financial standing in case the value of one portion of your holding declines.
Regal Assets offers the following cryptocurrencies for building your Cryptocurrency IRAs:
– Bitcoin – Bitcoin Cash- Litecoin – Zcash – Ethereum – Ethereum Classic – Ripple – Stellar
Regal Assets states on its website that it will support all cryptocurrency. So, if the cryptocurrency you would like to invest in is missing from the list above, you can still speak to the company’s customer service department about adding it to your portfolio.
Note: Investing in cryptocurrency still carries a great level of risk compared to investing in other assets. So, Regal Assets advises investors not to invest more money in cryptocurrency than they can afford to lose. The company also recommends first consulting an advisor before finalizing your cryptocurrency investment.
III. Regal IRA
Regal Assets launched the first-ever Alternative Assets IRA in the United States in July 2018, known and branded as Regal IRA. It essentially allows investors to hold a mix of precious metals and cryptocurrencies in the same IRA. The company was the first one to offer this option to investors looking to diversify their portfolios and prepare for retirement.
Regal IRA offers investors the flexibility of choosing the specific precious metals and cryptocurrencies that they wish to hold in their IRA. Cryptocurrencies are also often limited in supply just like precious metals, which means that there should be sustained demand for the holdings in your portfolio when the time comes and you are ready for retirement.
If you would like to set up a Regal IRA, a representative of Regal Assets will work with you to help you build a customized portfolio with your preferred combination of precious metals and cryptocurrencies. When you disclose your retirement savings goals, they will help customize your portfolio to match that vision.
IV. Investment Packages
To make the often-challenging decision of what to invest in easier for investors, Regal Assets also offers special investment packages in addition to the Regal IRA, Cryptocurrency IRAs, and Precious Metals IRAs. Each package includes pre-selected metals and/or cryptocurrencies to help individuals prepare and be safe.
Regal Assets offers a total of 6 packages to choose from, ranging from an investment of $5,000 to $250,000 to meet the financial needs of all investors. The first 2 are aimed at offering a sense of security and providing quick access to funds in case of an emergency. The following is a detailed look into the different investment packages:
– Merchant Package: Investment of $5,000 in gold and silver to provide quick access to funds in case of an emergency.
– Knighthood Package: Investment of $10,000 in silver and gold for quick access to funds covering up to 3 months of expenses for the average family of 4.
The 4 other packages are aimed towards helping investors grow their portfolio while setting themselves up for a comfortable retirement. The packages include Legacy Portfolio, Kingship Portfolio, Dynasty Portfolio, and Coronation Portfolio.
– Legacy Portfolio: Investment of $25,000 for a mix of precious metals and cryptocurrencies. It is the starter investment package recommended by Regal Assets for clients that have just started investing in alternative assets.
– Kingship Portfolio: Investment of $50,000 in precious metals and cryptocurrencies. With this package, you will work with a member of the Regal Assets team to build a customized portfolio based on your goals.
– Dynasty Portfolio: Investment of $100,000 in cryptocurrencies and precious metals. Here, you will also work with a member of the Regal Assets team to customize your portfolio. It is a great option for those that want to set themselves up for financial stability in retirement.
– Coronation Portfolio: Investment of $250,000 in precious metals and cryptocurrencies. The package is aimed at high new worth individuals that want to invest large sums of money in cryptocurrencies and precious metals. Here, you will also be able to customize your portfolio working with a member of Regal Assets’ team.
What Makes Regal Assets Unique?
Regal Assets offers numerous impressive features that make it stand out from the competition. Here are some of the things that make it unique:
Free Gold IRA Guide
Regal Assets will give you a free kit if you don’t know how to roll over your current IRA into a Precious Metals IRA. The company also has a documentary about the Federal Reserve discussing the Gold IRA industry in greater detail. Finally, there is also a report that discusses the 2008 financial situation and its impact on silver and gold.
Free Cryptocurrency IRA Kit
Just as is the case with the Gold IRA kit, you can ask for a free Cryptocurrency IRA kit from the company. It is great for those that want to learn how cryptocurrencies operate. You will also receive a DVD titled “The Rise of Bitcoin” that discusses the effect of this famous cryptocurrency on the global economy.
Regal Wallet is a distinct part of Regal Assets that focuses on cryptocurrencies. The great thing about using this company for your cryptocurrency investments is that they use cold storage, which is considered much safer.
401(k) to IRA Rollovers
Regal Assets has made it incredibly easy to roll over your existing 401(k), 403(b), TSP, or SEP to one of the IRAs it offers. It can be somewhat confusing to understand rollovers and quite taxing to actually get it done, but if you work with Regal Assets, everything feels a lot easier.
To roll over your existing retirement plan, you don’t even need to reach out to your IRA custodian. Regal Assets will contact them on your behalf. You simply need to talk about the amount of money you want to invest and how you want it invested. The company will manage everything else.
Secure and Insured Storage
The IRS requires precious metals to be stored at an approved depository. Regal Assets has partnered with excellent vault businesses, specifically Brinks, which is known for its security. You can store your precious metals or other valuables in one of their vaults located throughout the world. Storage also comes with insurance that equals the amount in your account.
Regal IRA is a great option for those looking to invest in both precious metals and cryptocurrencies. Regal Assets was the first company to offer an Alternative Assets IRA that allows simultaneous precious metals and cryptocurrency investments.
You will not need to wait too long to get your precious metals once you have made the payment. You can expect them to arrive within 7 days. The average wait time for precious metals, however, is between 15 and 30 days.
Great Customer Service
If you browse through user reviews of the company online, you might be overwhelmed by the sheer number of positive reviews available. Specifically, you will notice the attention given to customer service.
The company attributes its progress to its exemplary customer service. The company’s customer support team is fast to respond to questions and ensure that everything is going well for you. If you need assistance with something, don’t be afraid to ask.
People often fear rolling over their existing retirement investments to IRAs such as those offered by Regal Assets since they believe that they won’t be able to access their money. They want to know that they can easily turn their investment back to cash in case they are caught off guard by an unexpected event, and this is perfectly understandable,
If you decide to invest with Regal Asset, you can easily liquidate your investment whenever the need arises. Regal Assets promises to buy back your precious metals at the spot price if you wish to liquidate them at any given time. You can then receive the money within as little as 24 hours of submitting the request.
Franck Muller Bitcoin Watches
Regal Assets also offer exquisite watches from Franck Muller. The truly radiant and high-quality watches are crafted using diamonds and precious metals. The most interesting feature of these watches, however, is that they double up as a Bitcoin wallet. The watch can be used to add Bitcoins to your wallet, check your balance, or even make transactions in Bitcoin.
If you would like to check out the Frank Muller watches currently available through Regal Assets, you can find a link to them on the company’s official website. You should also consider checking out the frequently asked questions about the watches to learn more about them. One thing you should know is that they don’t come cheap. You can expect to pay several thousand dollars to buy just one.
Regal Assets: The Pros
– Excellent Track Record: The company has a great track record with impressive levels of customer satisfaction as evidenced by the numerous mostly positive reviews online.
– Fast Processing and Shipping: If you choose to work with Regal Assets, you can be sure to have your precious metals arrive at your doorstep within as little as 7 days.
– Segregated Storage: Instead of storing your precious metals together with those of other clients, you are offered a separate storage facility that you just have to pay $150 annually for when $250 is actually the industry standard.
– Expertise in IRA Rollovers: Regal Assets is well-versed with all the IRS rules governing precious metal investments to be a trustworthy and reliable partner. That allows the company to avoid mishaps such as incorrect documentation or buying the wrong coins for the IRA thus saving you a lot of money in the end.
– Flat Rate Fees: Regal Assets charges a flat fee of $250 for all retirement accounts regardless of the value they hold. The fees for the Precious Metals IRA are also waived off for the first year and are only chargeable from the second year onwards.
Regal Assets: The Cons
They have lagged behind other companies, who have overtaken them in overall performance these past few years. They have had an increase in complaints recently, and although they seem to resolve the vast majority, it has let them down slightly, in my opinion.
Investing your wealth in precious metals and cryptocurrencies is one of the best ways to diversify your portfolio and avert risks. Knowing the best company to help you rollover your existing retirement accounts or set up a new one is the first step. Fortunately, you don’t have to look far for such a company since it is Regal Assets.
Regal Assets is one of the best companies that you should consider investing in if your priority is diversification. It offers low fees, quick turnaround times, and numerous other metals that its competitors do not. Their customer service is not as great as the likes of Goldco, but if diversification is, as I say, your priority, then speak to Regal Assets.