Regal Assets Review: Trusted Gold IRA Provider?
Planning for retirement often means looking into precious metals for your Gold IRA. This Regal Assets Review explores if they are a trusted Gold IRA provider. They ranked #7 out of 68 top Gold IRA companies in 2022. They offer a variety of investments, including Cryptocurrency IRAs.
Some customers have had issues, like waiting for their metals and unresolved complaints. But, Regal Assets stands out by not charging fees in the first year. They also have a wide range of investment options. Let’s look closer at their reputation, service quality, and investment choices to understand what they offer.
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A majestic lion standing confidently on a stack of gold coins, representing the stability and trustworthiness of Regal Assets as a provider for Gold IRA services. The lion should have a regal demeanor, with a fierce yet composed expression. The background should be a gradient of warm gold tones, evoking feelings of wealth and prosperity. The overall mood of the image should be professional and sophisticated.
Key Takeaways:
- Regal Assets is ranked #7 out of 68 top-rated Gold IRA companies for 2022.
- Initial asset fees are waived for the first year.
- Variety of investment products, including Gold, Silver, Platinum, Palladium, and Cryptocurrency IRAs.
- Customer service available from Monday to Friday between 7 am and 5 pm EST.
- Flat fee pricing structure of $250 annually, inclusive of private storage vaults for precious metals.
Introduction to Regal Assets
Regal Assets was started in 2009 by Tyler Gallagher. It quickly became a big name in investments. Based in Beverly Hills, it’s known for its focus on precious metals and cryptocurrencies. The Regal Assets Gold IRA is a key option for diversifying portfolios.
Since starting, Regal Assets has won many awards. It got the top A+ rating from BBB in 2010 and ranked 20th in financial services in the USA by 2013. In 2017, it added cryptocurrency options, showing its commitment to innovation.
The company has a triple AAA rating from the Business Consumer Alliance and a 4.95/5 rating on Trust Link. This shows its focus on making customers happy. Regal Assets works with over 100 trusted vault providers for safe investment storage.
Customer service is a big deal for them, with a 4/5 overall rating and a 99.9% satisfaction rate. They offer clear and easy investment options, like a yearly $250 management fee and a $5,000 minimum investment.
For those wanting to secure their financial future with precious metal and cryptocurrency, Regal Assets is a top choice. They offer a wide range of assets, from gold and silver to platinum and palladium. Their expertise in both physical and digital investments makes them a great option for protecting retirement savings.
Why Consider a Gold IRA?
Today, diversifying your retirement savings is key. Investing in a precious metals IRA is a smart move. It offers a stable asset class that can withstand market ups and downs. Since 2003, Regal Assets has led the way in gold IRAs, helping people invest in gold, silver, platinum, and palladium.
Gold IRAs are a great choice for many reasons. They don’t rely on the stock market or the U.S. dollar for value. This makes them a safe choice during tough economic times. Regal Assets keeps your metals safe in secure locations in London, Zurich, or Singapore.
Regal Assets works closely with mints and suppliers to offer good prices to their clients. They don’t just help with precious metals IRAs. They also assist with 401(k) rollovers, IRA transfers, and pension rollovers. You can pay for their services using credit cards, wire transfers, checks, cashier’s checks, or money orders.
Customers love Regal Assets for their professionalism and great service. They have over 1,000 5-star ratings and an A+ from the Better Business Bureau. This shows they’re a trusted name in the industry.
Factors | Details |
---|---|
Established Year | 2003 |
Investment Options | Gold, Silver, Platinum, Palladium |
Storage Locations | London, Zurich, Singapore |
Surpassing Clients’ Expectations | Over 1,000 5-star ratings, A+ BBB rating |
Recognition | 5-time Inc 500 winner, “2021 company of the year” |
Regal Assets is a top pick for those looking into gold IRAs. It’s among the best alongside Augusta Precious Metals, Birch Gold Group, Noble Gold, and Goldco. Each of these companies is dedicated to helping people diversify their retirement savings with precious metals.
Product Range & Services Offered by Regal Assets
Regal Assets has a wide range of products for different investor needs. They offer precious metal assets like gold, silver, platinum, and palladium coins and bars. These are available in forms that meet IRS standards, making them a trusted choice for investing in metals.
They also help with moving money from 401(k)s into precious metals IRAs. This is a smart move for retirement planning. It lets customers put their retirement savings into physical metals. Metals can protect against inflation and market ups and downs.
Regal Assets doesn’t stop at traditional metals. They also offer cryptocurrencies, showing their forward-thinking approach. This draws in both traditional and modern investors looking for new investment options.
Product/Service | Description |
---|---|
Precious Metal Coins and Bars | Gold, silver, platinum, palladium; IRS-certified and recognized |
401(k) Rollovers | Transition existing 401(k) plans into precious metals IRAs |
Cryptocurrency Investments | Diverse range of digital currencies for modern investors |
Investment Portfolios | Multiple portfolios from $10,000 to $250,000+, tailored to investor needs |
Regal Assets offers a broad range of products and services. They cater to those wanting to add precious metal assets or explore cryptocurrencies to their portfolios. Their diverse options show their dedication to giving investors many strong choices.
Customer Reviews and Ratings
Regal Assets has mixed feedback on sites like Trustpilot and BirdEye. People like the variety of gold investment options they offer. The company has been around for over 10 years and was ranked #20 on INC 500’s list for financial services in 2013.
But, customers have different views on Regal Assets. A survey showed how people feel:
Show a collection of gold coins and bars scattered on a dark background, with glowing golden light emanating from the center. Surrounding the coins and bars are numerous shining stars, each representing a different customer review of Regal Assets. The stars vary in size and brightness, indicating the level of satisfaction expressed by the customer. Some stars shine like supernovas, while others twinkle softly like distant constellations. Together, they form a stunning galaxy of customer feedback, giving prospective clients a glimpse of the trust and confidence that Regal Assets has earned over the years.
Rating | Percentage (%) | Number of Reviews |
---|---|---|
5-star | 12% | 3 |
4-star | 0% | 0 |
3-star | 0% | 0 |
2-star | 0% | 0 |
1-star | 88% | 22 |
Regal Assets has a B- rating with the Better Business Bureau. Recent complaints were about not getting what was promised and slow responses. Some reviews, like Rosa Fryer’s, highlight these issues. Yet, the company still handles over $1 billion in assets and offers gold and cryptocurrency investments.
Customer reviews suggest a drop in satisfaction at Regal Assets. While some reviews are positive, the many 1-star ratings point to big problems. These issues should be considered by anyone thinking of investing with them.
Pros & Cons of Using Regal Assets
Thinking about investing in a Regal Assets IRA means looking at both the good and the bad. The company has been around for over 10 years, showing it’s stable in the precious metals market. With over $1 billion in assets under CEO Tyler Gallagher, they’re known for managing retirement funds well.
Regal Assets is known for its flat fees. This means investors pay $125 a year for a gold IRA, making planning easier. They also offer secure storage options, like segregated storage, to protect your assets.
They have a wide range of products, from gold IRA-eligible bullion to different cryptocurrencies. Starting with just $5,000 for cash or $10,000 for adding metals to your retirement is also a plus for new investors.
But, Regal Assets isn’t perfect. The flat fee might be too much for those with smaller accounts. The minimum investment can also be a hurdle for some. There are also reports of fraud and big financial losses in many reviews.
Looking at 22 reviews, 88% are 1-star. Complaints include not investing funds, not delivering metals, and poor communication. Some reviews point to specific people at Regal Assets involved in these issues. Despite being around for over a decade, they have a B- rating with the Better Business Bureau and no accreditation, which questions their customer service and trustworthiness.
Pros | Cons |
---|---|
Low account minimums | High upfront flat fees |
Secure and segregated storage options | Numerous allegations of fraudulent activities |
Diverse product selection, including cryptocurrencies | Poor communication and service reliability |
Track record of over 10 years | B- rating with Better Business Bureau, no accreditation |
In summary, Regal Assets has good points like flat fees, many investment options, and secure storage. But, the negative feedback and full service details should be carefully considered before investing.
Regal Assets Review
Regal Assets started in January 2009 by CEO Tyler Gallagher. It’s a big name in investing in precious metals and cryptocurrencies. They offer a wide range of IRA-approved metals like gold, silver, platinum, and palladium. They also include digital assets like Bitcoin, Ethereum, and Litecoin in their portfolio.
Even with a great product range and special investment packages, Regal Assets has gotten mixed reviews. They’re known for helping people set up a gold IRA. This is a popular choice for those looking to add stable assets to their investment portfolio.
But, things have taken a turn for the worse lately. Many customers have complained about delayed refunds and unverified transactions. One customer tried to contact customer service 20 times in September 2022 without success. These problems have made people doubt the quality of their metal purchases.
Create an image of precious metals and cryptocurrencies intertwined together, with glowing gold bars and shining silver coins surrounded by floating digital tokens. The background should have a dark and mysterious tone, with hints of blue and purple hues to add depth and contrast. The image should convey a sense of trust and security, with the precious metals and cryptocurrencies symbolizing a stable investment in uncertain times.
Regal Assets has also faced serious fraud allegations. Over time, clients have lost more than $5 million, affecting 33 people. In one case, someone lost $1 million in June 2022, which was all their retirement savings. These stories have really hurt the company’s reputation, leading to a “F” rating from the Business Consumer Alliance and losing accreditation from the Better Business Bureau.
The company has a low 1.6-star rating on Trustpilot from 24 reviews, with most being 1-star. Most people are unhappy. The claims of scams have led to lawsuits and legal actions against Regal Assets, making things even worse.
Despite these challenges, CEO Tyler Gallagher keeps pushing forward. He aims to mix traditional and digital currencies to offer more investment options. When thinking about investing with Regal Assets, you should weigh the potential benefits against the risks carefully.
Category | Statistics |
---|---|
5-star reviews | 12% |
1-star reviews | 88% |
Median investment (Oct 2021) | $2.6 million |
Total funds stolen | $5 million+ |
Victims of fraud | 33 |
Largest single investment loss | $1 million |
Storage & admin fees/year | $250 |
Regal Assets Fees and Pricing
Regal Assets is clear about its fees, which is great for investors who want to know what they’ll pay. They don’t charge setup fees in the first year, saving money for new clients. After the first year, there’s a yearly fee that covers admin costs and storage.
This flat fee is good for big investors because it doesn’t change based on how much you invest. For the Regal Assets IRA, the yearly fee is $125. This fee covers everything, making it easier to plan your finances.
To start a Regal Assets IRA, you need to invest at least $10,000 in metals for retirement. Cash investments can start with just $5,000. This makes it clear how much money you’ll need to begin. They also offer a wide range of metals and cryptocurrencies, fitting different investment plans.
Service | Fees and Charges |
---|---|
Setup Fee (First Year) | Waived |
Annual Fee | $125 (Flat Rate) |
Minimum IRA Investment (Precious Metals) | $10,000 |
Minimum Non-IRA Investment | $5,000 |
Regal Assets has a simple and clear fee plan, which helps both new and experienced investors. Knowing about the fees, storage costs, and IRA minimums is key to making smart investment choices. With all-inclusive flat fees and clear investment levels, Regal Assets makes sure its clients are well-informed and ready for their financial path.
How to Open a Gold IRA with Regal Assets
Starting a gold IRA with Regal Assets is easy and secure. This company is known for its trustworthiness, holding a AAA ranking from the Business Consumer Alliance and an A+ from the Better Business Bureau. Here’s how to open an IRA with them.
First, you can contact Regal Assets’ customer service team to begin. They will help you either roll over your current retirement account or move your IRA assets. New clients get a free investor’s kit and a special issue of Forbes Magazine to help with their decisions.
Regal Assets makes opening a new IRA account quick and easy, doing everything online. This means you can open your account in 24 hours and transfer funds in 48 hours. Starting a gold IRA with Regal Assets requires a $10,000 investment for bullion accounts or $5,000 for cash deals.
After setting up your account, Regal Assets offers great benefits. Your bullion gets separate storage for just $150 a year, less than many others charge. The annual admin fee is a simple $100. Choosing a gold IRA with Regal Assets means getting great customer service, good prices, and a smooth process. It’s a smart way to diversify and protect your retirement savings.
FAQ
What is Regal Assets?
Regal Assets is an investment firm founded by Tyler Gallagher. It focuses on precious metals and cryptocurrencies. Located in Beverly Hills, it offers a variety of investment products. These include Gold IRAs, silver, platinum, and palladium coins and bars, as well as cryptocurrency IRAs.
Why should I consider a Gold IRA with Regal Assets?
Gold IRAs help diversify your retirement savings. Precious metals like gold and silver protect against economic downturns and inflation. They don’t move with traditional stocks and bonds. Regal Assets is known for its excellent customer service and fair prices.
What products and services does Regal Assets offer?
Regal Assets has a wide range of products. These include gold, silver, platinum, and palladium coins and bars, as well as cryptocurrency IRAs. They also help with 401(k) rollovers into precious metals IRAs. Plus, they offer secure storage and administrative services.
How do existing customers rate Regal Assets?
Customers have given Regal Assets positive feedback on Trustpilot and BirdEye. But, recent reviews show a drop in satisfaction. Some customers have complained about delays in transactions and responses, causing the BBB rating to go down.
What are the pros and cons of using Regal Assets?
The pros include a strong reputation, a wide range of products, secure storage, and IRA rollover expertise. The cons are the $10,000 IRA minimum investment and a flat fee structure. This can be a hurdle for small investors but is good for larger accounts because it’s predictable.
How transparent is Regal Assets about its fees?
Regal Assets is clear about its fees. There’s no setup fee the first year, and a flat fee covers storage and admin costs. The IRA minimum is $10,000, and $5,000 for non-IRAs.
How can I open a Gold IRA with Regal Assets?
To open a Gold IRA with Regal Assets, you can transfer existing retirement accounts or do a rollover. They offer expert guidance throughout. Investors should reach out to customer service and get a free investment kit. This kit includes educational materials and a special Forbes Magazine issue.