In this Regal Assets review, we take a look at the business, its offerings, what we liked, what we did not like and whether we would or would not use it to invest in gold or a gold-backed IRA.
Who is Regal Assets?
Regal Assets is a prominent name in the gold investment industry. Currently headed by CEO Tyler Gallagher, the company specializes in helping people secure their savings and investments through gold-backed IRA programs. It also offers financial products that are based on precious metals such as silver, platinum, and palladium.
In 2013, a review of Regal Assets was featured in Inc. Magazine. The company was included in the publication’s 500 List, an exhaustive listing that ranks 500 of the fastest growing private companies in the United States. Regal Assets was also featured in major business publications such as Forbes, SmartMoney, Reuters, Market Watch, and the Hollywood Reporter.
What Does Regal Assets Offer?
In simplest terms, companies like Regal Assets are engaged in the buy-and-sell of gold and other precious metals usually in the form of bars, coins and bullion. Since gold, silver, and precious metals like platinum and palladium are more “stable” than the usual paper-based investments like stocks, mutual funds, and treasury bonds, whose values are extremely volatile and dependent on current national economic trends, Regal Assets helps people make a smarter investment in gold/precious metals for their IRAs or retirement portfolios.
Currently, the company offers two different kinds of personal packages: the $5,000 Merchant Package for individuals who are looking for gold/silver investments that can be easily liquidated in times of need and the $10,000 Knighthood Package for people who want to provide financial coverage for their families.
For investments, there are four different types of Regal Assets gold portfolios: the $25,000 Legacy Portfolio focused on immediate profit potential, the $50,000 Kingship Portfolio custom-designed to protect clients from inflation, the $100,000 Dynasty Portfolio offers a great return on initial investment and is proven to be stable against inflation and economic trouble, and the $250,000+ Coronation Portfolio for high net worth individuals who want to focus on long term wealth building.
Things To Like About Regal Assets
1. Proven Track Record
The company prides itself on its industry track record, which is excellently spotless. Searching for “Regal Assets Reviews” on Google or any other search engine will reveal a trove of praise and compliments, with no complaints whatsoever. Majority of reviews on review aggregator sites like TrustLink are also stellar. As listed on the Better Business Bureau website, the company holds an A+, which is the highest possible rating that a business could receive through the organization.
2. Segregated Storage
Unlike the majority of gold investment companies, Regal Assets provides low-cost segregated storage for its clients. This means that an investor’s coins, bars, and bullions are stored in separate storage compartments, and are not stored together all mixed up with other investors’.
While some companies do offer this kind of storage arrangement, they often do so by charging an exorbitant fee on top of their annual fees. Regal Assets, on the other hand, only charges a fixed annual storage rate of only $150. This is significantly lower than the industry average of $250+.
3. Fast Shipping and Processing Time
Should clients want to get some of their gold out of storage, they can do so with the knowledge that their coins, bullions, and bars will safely arrive in their residence within seven days. This is a delivery timeframe that is guaranteed by the company; if the coins do not arrive within seven days, Regal Assets will throw in a free Silver American Eagle coin. Other gold investment companies usually take a minimum of 15 to 30 days or even longer to get their clients’ gold delivered to them.
4. Specializes in Gold IRA Rollovers
Getting a gold investment company that knows all the ins-and-outs of IRA rollovers is very essential. Simple mistakes like not buying the correct coins that are approved for IRA or incorrect tax documents can cost a lot of money in the long run. Since ninety-five percent of Regal Assets’ business is made from IRA rollovers of its clients, future investors will be assured that their money are in safe hands.
5. Flat Fees
All retirement accounts are charged only $250, with no regard to the value of the account. For the first year, fees (administrative, storage, delivery, etc…) for precious metal accounts are waived. The investor will only be charged on the second year.
Things NOT To Like About Regal Assets
1. High Account Minimums
Regal Assets might not be for newbie investors or those without much capital to begin with. It’s lowest investment package (the Merchant Package) is priced at $5,000- a figure that some people might not afford outright.
Regal Assets – IRA Fees
|Initial Setup Fees||$0|
|Annual Admin Fees||$100|
|Annual Storage Fees||$150|
|Minimum Purchase Amount||$10,000|
|Preferred Depository||Brink’s Global Services|
Rankings, Complaints and Customer Reviews
Reviews across the web for Regal Assets are overwhelmingly positive. For example, a few reviews on TrustLink.com seem to praise the company for its customer-friendly service, especially for clients who are rolling over their IRAs. The company’s financial experts/advisers are also well-praised by their clients who needed advise on their investment portfolios.
Better Business Bureau (BBB)
The company is officially accredited by the BBB, and holds an A+ rating. This rating means that the company has passed the BBB’s rigorous 16-point evaluation index for businesses. As of this writing, Regal Assets has no complaints on the BBB site (read more).
Business Consumer Alliance (BCA)
Regal Assets also holds the highest rating (AAA) on the BCA. As of this writing, Regal Assets has no complaints on the BCA site (read more).
|Based on 807 reviews|
On the review aggregator site TrustLink, Regal Assets enjoy a cumulative rating of 5 out of 5 stars. The reviews made by TrustLink reviewers were also overwhelmingly positive.
Here are a few customer reviews taken from their website:
Setting Up an Account With Regal Assets
Rolling over retirement funds from traditional IRAs into precious metals can require a bit of paperwork and effort. This can be confusing for most people, especially for those not well-versed in financial matters.
Thankfully, Regal Assets has a team of IRA experts that will help new clients set up a new self-directed IRA. The company will directly contact a client’s IRA custodian to have the funds transferred over to them. Clients will only have to specify how much they want to invest and what metals they want to invest in.
Why Choose Regal Assets?
Regal Assets is highly recommended for people who want to ensure their investments against inflation and and economic downturn. Choosing Regal Assets has many positive advantages over the other gold companies and here’s just a few of them to name:
2. Does not have exorbitant rates
3. Enjoys great customer feedback
4. Has a buy-back program
5. Ensures the growth potential of their clients’ investments
This company completely excels in all the metrics that a reputable gold investment company should meet. It has fast processing times, excellent selection of coins, low fees, attentive agents and financial experts. If you want to learn more about this company and its offerings, check out the Regal Assets official website or call 1-844-913-7373.