Regal Assets: Unique Highlights Overview
In the world of investing, trust is essential, particularly when working with IRA providers to protect and grow one’s wealth. Regal Assets, once celebrated as a trusted leader in the precious metals and alternative assets space, now faces a storm of allegations and growing skepticism, leaving investors uncertain about the company’s credibility.
For years, Regal Assets enjoyed a strong reputation. Known for its diverse investment offerings and commitment to customer service, the company earned accolades, including an ‘A+’ rating from the Better Business Bureau (BBB) and favorable mentions by prominent financial publications such as Forbes. However, recent developments have cast doubt on the reliability of Regal Assets, causing many to question whether the company lives up to its previous standing.
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Much of the scrutiny surrounding Regal Assets centers on allegations of fraud, with complaints surfacing that challenge the company’s practices and transparency. Investors have raised concerns about delayed asset deliveries, lack of transparency regarding fees, and difficulty contacting customer service.
These issues have sparked alarm, especially for those who trusted Regal Assets with substantial investments meant for secure, long-term growth. The allegations have resulted in diminished confidence among existing and potential investors, many of whom relied on the company’s once-solid reputation.
At Regal Assets’ helm is CEO Tyler Gallagher, a figure previously recognized for positioning the company as an innovative force in the investment industry. Gallagher promoted Regal Assets as a pioneer in combining traditional precious metals with alternative assets like cryptocurrency for IRA portfolios, appealing to investors looking to diversify beyond conventional options. However, the recent controversies have also cast a shadow on Gallagher’s leadership, as investors are now left questioning whether the company’s issues stem from lapses in management or deeper structural problems within the organization.
For investors seeking clarity, it’s essential to evaluate Regal Assets’ historical reputation and the unfolding allegations. This review will examine Regal Assets’ journey from its rise in the IRA industry to the company’s current challenges, looking closely at how these issues impact the security and reliability of investing with them. With Regal Assets’ past strengths juxtaposed against present concerns, this exploration aims to give investors a clearer understanding of whether Regal Assets is still a safe choice in the evolving landscape of IRA providers.
What are the Regal Assets?
Regal Assets, established by Tyler Gallagher in 2009 and based in Burbank, California, has quickly risen to prominence within the Individual Retirement Account (IRA) sector. In just one year after its inception, the company achieved an ‘A+’ rating from the Better Business Bureau (BBB), showcasing its commitment to customer satisfaction and industry standards.
Located at 280 S Beverly Dr 5th Floor, Beverly Hills, CA 90212, the company operates with a customer service framework that allows potential and current clients to reach an account executive between 7 AM and 6 PM PST during weekdays. This approach to accessibility is indicative of their dedication to providing timely and effective support.
What sets Regal Assets apart in the crowded market of IRA providers is their focus exclusively on IRA-eligible products, steering clear of collectibles that other precious metal dealers might offer. This specificity ensures that their offerings are fully compliant with IRS standards, making them a reliable choice for investors looking to secure their retirement savings with precious metals.
Furthermore, the firm’s reputation is bolstered by over 1,700 positive reviews on Birdeye, reflecting strong consumer trust and satisfaction. These reviews often highlight the company’s robust customer service and the ease of setting up and managing IRA accounts, reinforcing Regal Assets’ position as a leader in the precious metals IRA industry.
Achieving such a level of recognition is no small accomplishment and certainly bolsters confidence in Regal Assets. The company has not only secured its place on the prestigious Forbes Finance Council but has also contributed over 58 articles to Forbes, demonstrating their thought leadership and expertise in the financial sector.
Despite facing challenges, including litigation from competitors dubbed the “Regal Assets lawsuit,” the company has continued to thrive. These challenges have not hindered their growth or their reputation, as evidenced by their impressive #20 ranking on the Inc 500 list, highlighting them as one of the fastest-growing private companies in the United States.
These accomplishments underscore Regal Assets’ solid foundation of trust and authenticity, marking them as a robust and reputable brand in the IRA provider space. This strong reputation is vital for clients looking to invest with confidence in their retirement planning.
Who are the People Behind Regal Assets?
Tyler Gallagher, the CEO and founder of Regal Assets, has become a notable figure in the financial sector, featured in major publications like Reuters, Bloomberg, Market Watch, and Forbes. Starting Regal Assets in 2009, Gallagher bootstrapped his way from modest beginnings where he once slept in his car due to financial constraints to leading a global investment bank with offices in Dubai, Toronto, Beverly Hills, and London.
Gallagher’s journey from humble beginnings to industry prominence underscores his role as a thought leader in the alternative assets industry. His contributions extend beyond company leadership, as he is also a regular contributor to Forbes, Authority Magazine, and Thrive Global, sharing insights that reflect his deep understanding of the market and investment strategies.
Regal Assets prides itself on transparency and clear communication, making investors feel secure and well-informed about their investment choices. Here’s a simplified breakdown of how to invest with Regal Assets:
- Starting Your Investment:
- Registration: The process begins on their website where you can fill out a registration form. Regal Assets aims to respond via email within 24 hours and assists with the necessary IRA documentation to streamline your experience.
- Transfer Request: Alongside the initial email, you will receive the paperwork required to submit a transfer request. This enables Regal Assets to coordinate directly with your current custodian to transfer funds to your new IRA account.
- Finalizing Your Investment:
- Account Executive Contact: Once the transfer is initiated, an Account Executive from Regal Assets will guide you through the process, updating you at each step and assisting in the selection of appropriate alternative assets for your portfolio.
- Purchase and Delivery: After you approve the purchase, Regal Assets finalizes the order and ensures the delivery of your metals to the depository within seven days. You will be notified upon the arrival of the metals and can check your IRA account and orders at any time.
This streamlined process, enhanced by expert guidance and robust customer support, illustrates why Regal Assets has established itself as a trusted name in the IRA and precious metals investment sector. The ease with which clients can set up and manage their investments, coupled with the firm’s commitment to client education and transparency, makes Regal Assets a compelling choice for those looking to diversify their retirement portfolios with precious metals and cryptocurrencies.
Does Regal Assets Offer IRA Services?
Regal Assets is well-known for offering specialized services in individual retirement accounts (IRAs) that incorporate precious metals and cryptocurrencies, catering to investors seeking to diversify their retirement savings with alternative assets.
Comprehensive IRA Services Regal Assets distinguishes itself in the retirement investment space by facilitating the setup and management of self-directed precious metals IRAs. This service allows individuals to include physical gold, silver, platinum, and palladium in their retirement accounts, per IRS regulations. The metals offered are of investment grade and meet the purity standards required for IRA eligibility.
Cryptocurrency Integration In addition to traditional precious metals IRAs, Regal Assets has ventured into the digital currency space, offering cryptocurrency IRAs. This modern investment option reflects the company’s commitment to staying abreast of market trends and providing diverse investment solutions. Clients can choose from a variety of cryptocurrencies, including Bitcoin, Ethereum, and several others, which are held in secure, IRS-compliant accounts.
Streamlined Process The process of opening an IRA with Regal Assets is designed to be straightforward and hassle-free. Potential investors can initiate their IRA through an easy online application available on the company’s website. Regal Assets prides itself on providing a hands-on approach to help clients throughout the process, which includes rolling over funds from existing retirement accounts into the newly established IRA.
Educational Resources and Client Support Regal Assets also emphasizes education and transparency. The company offers extensive resources on its website to educate new and existing clients on the intricacies of precious metals and cryptocurrency investments within IRAs. Their dedicated customer service team is noted for its responsiveness and expertise, assisting clients with their inquiries and providing guidance on the best investment strategies according to individual financial goals.
Security and Storage Security is a paramount concern for Regal Assets, particularly when it involves valuable metals and cryptocurrencies. The company ensures that all physical precious metals are stored in secure, IRS-approved vaults, while cryptocurrencies are protected with state-of-the-art digital security measures. Moreover, all assets under management are fully insured, providing additional peace of mind to investors.
Therefore, Regal Assets offers robust IRA services with a focus on precious metals and cryptocurrencies, supported by educational resources, secure storage solutions, and a commitment to client service. This comprehensive approach makes it a strong contender for investors looking to enhance their retirement portfolios with alternative assets.
What Products Can You Purchase at Regal Assets?
The Regal Assets Products catalog is diverse. Since this IRA provider doesn’t offer collector coins, all selections are IRA-eligible.
You’ll invest in whatever you buy.
Gold Products:
Regal Assets provides 16 gold IRAs in 2022. We have bars and coins of various styles and sizes.
One-kilogram gold bullion bars and one-gram gold coins are available.
Gold Bars:
There are a total of 9 gold bars available with Regal Assets.
These include:
- One kg gold bar
- 10 oz gold bar
- 1 oz gold bar
- 50 gm gold bar
- 20 gm gold bar
- 10 gm gold bar
- 5 gm gold bar
One-kilo gold bar.
These bars are for huge gold investors. The hallmark, purity, and serial number are on the 0.9999 gold bars.
Gold Coins:
Regal Assets has 7 gold coins. They have many designs, giving you many possibilities.
Example: Gold American Buffalo coin. This is the US Mint’s first public 24-karat gold coin.
Two Moons, Iron Tail, and Big Tree are Native American tribe chiefs included in the profile.
The following gold coins are available:
- American Eagle
- Canadian Maple Leaf
- American Buffalo
- South African Krugerrand
- Chinese Panda
- Austrian Philharmonic
- Britannia Coin
Silver Products:
Regal Assets also sells silver bullion.
You may buy 8 silver things there. Only two are silver bullion, which may depress investors.
Their silver offerings include 2 bars and 6 coins:
- 100 oz silver bar
- 10 oz silver bar
- Australian Kookaburra coin
- Britannia coin
- Australian Koala coin
- American Eagle coin
Silver objects are smaller than gold, however they have many designs and weights.
Regal Assets may be the greatest precious metal dealer for bulk silver purchases.
For instance, their Silver American Eagle is a category bestseller.
Order 20 1 oz coins and get a free storage container.
The US government introduced the Silver American Eagle in 1986 to encourage silver bullion investment. The US Mint guarantees these coins’ purity and weight.
These 1-ounce silver coins are 99.9% pure.
Palladium Products:
Palladium may be a good IRA portfolio for diversification. Finding IRA-approved palladium is tricky. Regal Asset’s palladium collection is refreshing despite its limited size. Palladium is uncommon and valued between silver and gold.
Regal Assets sells three palladium products: 10 oz Palladium Bar 1-ounce Palladium Bar Canadian Maple Leaf Coin
A great offering for first-time palladium investors is their 1-ounce Palladium Bar.
Its price and quality make it a good IRA diversification option.
The one-troy-ounce Palladium Canadian Maple Leaf Coin is another good investment.
Their palladium bars are 0.9995 pure.
Platinum Product:
Regal Assets offers fewer platinum bullion products than gold and silver.
Since they specialize in gold IRAs, it’s hardly surprising.
Three platinum coins are available:
- Canadian Maple Leaf
- Australian Koala American Eagle
- Canadian Maple Leaf coins are the most popular.
The Royal Canadian Mint introduced it the same year as the Silver Maple Leaf.
Canada guarantees the legal tender value, purity, and weight of this 99.95% platinum coin.
Regal Assets Bitcoin IRA:
Regal Assets is a gold and crypto IRA pioneer.
They offered cryptocurrency investments in gold IRAs first.
Before, they solely offered Bitcoin and Ethereum.
However, they currently list Litecoin (LTC), ChainLink (LINK), Zcash (ZEC), Ripple (XRP), Stellar (XLM), and many others.
There are many cryptocurrencies in their inventory.
Custom Regal IRA portfolios can include precious metals and cryptocurrency.
Its unique feature makes it suited for many alternative asset investors.
Regal Assets Fees and Pricing:
Regal Assets’ prices are competitive.
Like most IRA providers, they don’t mention pricing on their website.
Regal Assets’ 2022 fees are:
Regal Assets offers a straightforward fee structure for its investment services, particularly for those interested in setting up an IRA or non-IRA precious metals account. Here’s a breakdown of the costs associated with their services:
- Initial Setup Fee: There is no charge to set up a new account.
- Storage and Maintenance Fees: For non-IRA accounts, there are no storage or maintenance fees.
- Rollover Costs: There is no fee for rolling over existing retirement funds into a new account with Regal Assets.
- Precious Metal Buyback: Regal Assets does not charge a fee for buyback services.
- Annual Administration Fee: There is an annual fee of $100, but it is waived for the first year.
- Annual Segregated Storage Fee: The annual fee for segregated storage is $150, also waived for the first year.
- Minimum Purchase Amount: The minimum amount required to initiate a purchase is $10,000.
This fee structure is designed to be transparent and affordable, removing barriers for new investors while providing value through waived fees in the first year.
Saving $250 is automatic because they waive the first-year administration and segregated storage fees.
Regal Assets has no initial establishment fee, unlike other IRA providers.
Start paying 12 months after opening the account.
Additionally, their annual cost is competitive.
Noble Gold, another popular gold IRA supplier, charges $230 annually.
However, its annual insurance fees significantly raise expenditures.
Regal Asset costs are predictable and don’t include premiums, so they won’t hurt your finances.
The minimum investment in a tax-exempt account is $5,000.
Contact Regal Assets customer care for the latest fee information.
You can also get a free kit.
Call Regal Assets at 1877-962-1133 for support.
An Account Executive will quote your account size and needs when you contact them.
Also, the quote will only alter if you accept or lock in the price, regardless of precious market behavior.
What Do Regal Assets Reviews Say?
According to Trustpilot, Regal Assets has received a great deal of feedback from customers.
#1. How to start Bitcoin? I am appreciative to the Regal Assets Affiliate program for giving a commoner like myself a money opportunity. With a 9-5 job, I probably wouldn’t have had financial freedom. I’m grateful for the chance to make a lot of money. Helping others with money invest in their financial freedom future with assurance. Regal Assets gave me an opportunity you may not believe. To get rich and change lifestyles. Thanks Regal Assets.
#2. Great gold-investing market!
I like it.
Why aren’t There Many Regal Assets Complaints?
Regal Assets has developed a comprehensive strategy to handle customer complaints effectively, aiming to maintain and enhance customer satisfaction. Their approach includes several steps to ensure that all issues are addressed promptly and efficiently:
- Immediate Acknowledgment: As soon as a complaint is received, Regal Assets ensures it is acknowledged without delay. This initial response is crucial as it sets the stage for open communication and lets the customer know that their concern is being taken seriously.
- Detailed Investigation: Following the acknowledgment, Regal Assets conducts a thorough investigation into the complaint. This involves gathering all relevant facts and details concerning the issue. The team may review transaction records, communication logs, and any other pertinent information to fully understand the context and specifics of the complaint.
- Resolution Options: Based on the findings from the investigation, Regal Assets formulates a resolution that is fair and satisfactory to both the customer and the company. This could involve refunds, replacements, or other forms of rectification tailored to the specific situation and in line with the company’s policies.
- Transparent Communication: Throughout the complaint resolution process, Regal Assets maintains transparent and open communication with the customer. They ensure that the customer is kept informed about the progress of their complaint and understands the steps being taken to resolve it.
- Final Resolution and Follow-Up: Once a resolution is reached, it is communicated clearly to the customer and implemented promptly. After the resolution, Regal Assets follows up with the customer to ensure that they are satisfied with the outcome and that the solution has effectively addressed their concerns.
- Feedback and Continuous Improvement: Feedback obtained through the resolution process is taken seriously. Regal Assets uses this feedback to improve their services and prevent similar issues from occurring in the future. This continuous improvement cycle helps in enhancing the overall customer experience and in maintaining the integrity and reputation of the company.
- Training and Development: Regal Assets invests in regular training for their customer service team to ensure they are equipped with the necessary skills and knowledge to handle complaints effectively. This training emphasizes the importance of customer care and the impact of effective complaint resolution on customer loyalty and company reputation.
Through this structured approach, Regal Assets demonstrates a strong commitment to resolving customer complaints and maintaining high standards of customer service, thereby reinforcing trust and confidence in their brand among investors and clients.
Are There Any Regal Assets Lawsuits?
No, there are no publicly reported lawsuits involving Regal Assets that suggest a pattern of legal issues or significant disputes. Regal Assets has maintained a strong reputation in the precious metals and IRA industry, which is bolstered by its absence from major legal controversies. The company’s emphasis on customer satisfaction, transparency, and compliance with industry standards has likely played a significant role in avoiding legal complications.
Regal Assets prides itself on providing a clear and straightforward service to its clients, including thorough information about the investment products it offers and maintaining open lines of communication. This approach helps prevent misunderstandings that could potentially lead to legal disputes.
Additionally, the company’s proactive customer service and responsive complaint resolution processes contribute to resolving potential issues before they escalate to the level of legal action. This track record of clean legal status not only reflects the company’s commitment to ethical business practices but also enhances its credibility and trustworthiness among investors seeking secure and reliable investment options.
Can You Trust Regal Assets? Is Regal Assets Legit?
Yes,
They are reputable gold dealers with vast experience.
Before working with a precious metals company, do your research.
Here are some tips to ensure a gold IRA company’s legality:
Tip #1: Check Their Regulatory Compliance and Accreditation
Check for proper licensing and registration with relevant financial regulatory bodies such as the Securities and Exchange Commission (SEC) or Financial Industry Regulatory Authority (FINRA).
Verify the company’s accreditation with industry organizations like the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC).
It will help you check how credible they are.
Tip #2: Look into The Company’s Background
- Research the company’s history, including years in business and any name changes.
- Examine the Better Business Bureau (BBB) rating and accreditation status.
- Review customer feedback on reputable third-party review sites like Trustpilot or Consumer Affairs.
Tip #3: Does the Company Offer Good Resources?
- Assess the clarity of information provided about fees, storage options, and buyback policies.
- Evaluate the quality and depth of educational resources offered to investors.
- Verify that the company provides clear information about IRS regulations regarding precious metals IRAs.
Tip #4: What are Their Product Offerings and Pricing?
- Ensure the company offers IRS-approved precious metals for IRA investments.
- Compare pricing with other reputable dealers to ensure competitiveness.
- Be wary of companies pushing numismatic or collectible coins over bullion for IRA investments.
Tip #5: Confirm the Storage and Custodian Partnerships
Verify that the company works with IRS-approved custodians and secure storage facilities. According to IRS’ regulations, you cannot store your gold IRA’s precious metals at your home.
You’ll need a certified third-party storage provider.
Check the company’s storage and custodian partner to ensure you’re working with a reliable firm. Moreover, ensure they offer segregated storage options for your precious metals.
Segregated storage means your owned precious metals products will be stored separately from other investors’ possessions. Similarly, non-segregated storage means your products will be stored along with others.
Keep in mind that storage providers charge extra for segregated storage.
Some popular custodians include Equity Trust and Goldstar Trust.
Red Flags to Watch For in Gold IRA Companies
- Promises of guaranteed returns or claims of “secret” investment strategies.
- Pressure to act immediately or make large investments without proper consideration.
- Lack of physical address or unclear company ownership structure.
- Unwillingness to provide detailed information about fees or policies in writing.
By thoroughly evaluating these aspects, investors can make an informed decision about the legitimacy and reliability of a gold IRA company. It’s crucial to conduct due diligence and, if necessary, consult with a financial advisor before making any investment decisions.
Regal Assets Review Summary:
Regal Assets has established itself as a notable entity in the precious metals and IRA industry. Known for its robust investment options, the company has consistently demonstrated a commitment to transparency and customer satisfaction. This dedication is evident in the absence of significant lawsuits or legal disputes, highlighting its compliance with industry standards and ethical business practices.
Regal Assets’ ability to maintain a clean legal record contributes positively to its reputation, making it a trustworthy choice for investors looking to diversify their portfolios with precious metals or cryptocurrencies.
The company’s offerings are extensive, providing clients with a range of IRA-eligible precious metals and digital assets. This inclusivity ensures that investors have ample opportunities to secure their financial future in a tax-advantaged environment. The process of setting up an IRA with Regal Assets is streamlined, reflecting the company’s understanding of investor needs for simplicity and efficiency. The supportive customer service and informative resources further enhance the investment experience, ensuring that clients are well-educated about their investment choices.
Moreover, Regal Assets’ strategic presence in influential financial circles, like the Forbes Finance Council, and its strong performance in customer satisfaction ratings underscore its industry standing. These accolades not only reinforce the company’s credibility but also its role as a leader in the alternative assets market.
As the financial landscape continues to evolve, Regal Assets appears well-positioned to adapt and continue providing valuable investment solutions. For prospective investors, the combination of Regal Assets’ industry expertise, customer-focused services, and solid operational integrity makes it an appealing partner for those seeking to enhance their retirement savings or explore alternative investment avenues.
