Regal Assets Review: Products, Fees, & Ratings (2021)

Regal Assets Review - TL;DR

In business for more than a decade, Regal Assets (RA) is one of the first gold IRA firms to expand into bitcoin IRAs. They've partnered with low fee (flat rate) custodians and storage facilities, and offer both U.S. and international storage options. 

The company boasts 1,000+ positive reviews on TrustLink (five star average rating), along with positive ratings on other client review / complaint sites such as TrustPilot and BirdEye. RA is an INC 500 business with celebrity endorsements ranging from Laura Ingraham to Dennis Miller. RA's CEO is a member of the Forbes Finance Council and has been featured across mainstream financial publications such as Smart Money, MarketWatch, Yahoo Finance, and Bloomberg.

Regal Assets is currently on our short list of firms we're recommending to our readers for 2021.

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Editor's note: Always contact more than one company and compare all fees before opening your gold or crypto IRA. Ask about specials, promotions, or other incentives. For example, Regal Assets waives all setup fees, and covers the first year's maintenance and storage fees with all new accounts

Company History

Tyler Gallagher, the founder and CEO of Regal Assets established the gold IRA firm in 2009. By 2013, the company was an INC 500 company, rated #20 in the U.S. for financial services. In 2017, the company added cryptocurrencies to their product line, making RA one of the first to offer the "bitcoin IRA" for U.S. investors. Currently, they're the only alternative assets firm allowing clients to hold both gold and crypto in the same IRA.

The alternative assets dealer has picked up celebrity endorsements and celebrity clients over the years and expanded their operations globally with offices in the U.K, U.A.E, and Canada.

Products and Services

Most of Regal's business is in facilitating gold IRA rollovers. The idea of rolling over retirement funds into a self-directed IRA can be intimidating. The company shines in their knowledge and experience in setting up these accounts in compliance with IRS tax rules. They've partnered with custodians and gold IRA storage depositories and offer 'white glove' service, making their four step process as simple as possible for clients. Setting up a new IRA starts with filling out a simple online form.

Important Note: While the company specializes in gold IRAs, they also facilitate direct sales and delivery of precious metals directly to customers. RA can ship products to clients across the United States.

Gold IRA Bars & Coins

Regal Assets offers a wide selection of gold bullion coins and bars that are eligible for your IRA. For example, the company offers:

• American Eagle coins
• American Buffalos
• Australian Kookaburras
• Australian Koalas
• Canadian Maple Leafs
• Silver Brittania coins
• Gold, silver, platinum, and palladium bars
• and more

This is just an example of some of the products they offer for IRA investors.  Click here to view RA's bullion products on their website...

Note: RA offers a wider selection of IRA-eligible bars and coins than many of their competitors. 

Related: Gold vs Silver - Which should you own?

Bitcoin IRAs

Regal also shines when it comes to their crypto offerings. Some crypto IRA companies only offer a small selection of cryptocurrencies. Regal Assets has partnered with Coinbase.com and Kingdom Trust for their crypto IRA, and are able to facilitate the purchase of any of the digital assets currently available on Coinbase. 

The company sells what they refer to as a "Regal IRA," and clients can select a mix of investment across precious metals and cryptos, making it a truly diversified alternative assets IRA. 

Regal Assets Reviews and Complaints (2021)

A quick google search shows a mostly positive reputation. Here are some of their ratings on independent review sites:

• Business Consumer Alliance (BCA): Regal maintains an AAA company rating, with a 5/5 star average customer rating based on 57 reviews.
• BirdEye: 4.9/5 star average rating based on 1,631+ reviews.
• TrustLink: The company has a 4.9/5 star rating based on more than 1,088 customer reviews.
• YellowPages: Regal Assets boasts a 5/5 star rating based on 12 customer reviews.
• TrustPilot: 4/5 Star average rating based on 4 reviews.
• B+ Rating with the Better Business Bureau with two complaints closed in the last three years.

Gold IRA Fees

If you're reading this Regal Assets review, you're likely already aware there are unique tax advantages to a gold IRA rollover. Unfortunately, however, there are costs involved in opening and maintaining a self-directed IRA (SDIRA).

Your current 401(k) or IRA custodian likely offers traditional investment options such as stocks, index funds, or ETFs. If you want to diversify into metals or crypto, you'll need to open a new self-directed IRA. In addition to finding an SDIRA custodian, you'll also need to pay annual fees for third party gold depository storage.

Note: Don't believe the home storage gold IRA hype. The IRS prohibits direct possession of your IRA. Going this route could result in heavy IRS penalties. If you work with Regal Assets or another reputable firm, they'll ensure you follow IRS guidelines and avoid triggering a taxable event.

Custodian

Regal Assets has negotiated IRA custodial fees down to $90/year for all gold IRAs. This is very competitive to what others in the industry are charging. 

Storage

Regal's preferred gold IRA storage company is Brinks Global Services. The cost for Brinks storage comes down to $125 annually. Brinks is the preferred partner for many of the top precious metals firms and a trusted industry leader.

If you're only buying precious metals, your total annual cost for storage and custodial fees is a flat rate of $215/year. We find their gold IRA admin and storage costs very to be very competitive with what other gold dealers are charging.

Note: At the time of this writing, Regal Assets will cover all of your custodial and storage fees for your first year. Speak to an account rep to learn more about any promotions they're currently offering.

Regal Assets Pros and Cons

A balanced Regal Assets review should reveal both pros and cons about the company's services. 

Pros

What we like about Regal Assets?

• Been in business over 10 years - this isn't a fly-by-night operation.
• Largest selection of precious metals and cryptocurrencies.
• Zero custodial / storage fees your first year.
• Fair buyback program - if and when you want to liquidate assets.
• Low minimum investment for IRAs - Regal will open an IRA with as little as $10,000 investment. This is great because it makes the gold IRA in reach for average Americans.  While this might not seem low, there are competitors in this space like Augusta Precious Metals with a $50,000 account minimum.
• 2,000+ positive client reviews between Business Consumer Alliance, TrustLink, TrustPilot, and BirdEye.
• They've streamlined the process. Just fill out this form to get started.

Cons

What we don't like about Regal Assets? The biggest complaint is that they're IRA specialists and not the best company to go with for direct purchases. If you just want to buy a few thousand dollars worth of coins for your personal possession, you may want to go with a local shop or online store with low fees and reasonable shipping rates. Their minimum order is high and might not make sense for a one-time direct purchase of coins or bars..

• There is a $5,000 minimum order for non-IRA purchases (this is higher than many online competitors).
• Product pricing isn't listed on their website - you have to get on the phone for current prices.

The company will deliver metals for personal possession, but they shine most with setting up gold and crypto IRAs and rolling over funds between custodians. In fact, I wouldn't even consider them for small purchases. If you're a collector or in the market to buy a few coins, you may find a better deal elsewhere.

If you want to convert a portion of your 401(k) into precious metals, consider giving Regal Assets a call.

Summary: Regal Assets Review

The precious metals industry is competitive. Gold was out of favor with investors for much of the last decade due to a thriving stock market and U.S. economy. Some gold IRA companies were forced to shut down. Regal Assets has not only stayed in business, but expanded internationally.

They've responded to demands of the market and added cryptocurrencies to their offerings making them one of the few companies with a diverse selection of alternative assets for your IRA.

We've added Regal Assets to our list of recommended dealers for 2021. Of course, always talk to more than one company before making any investment decisions. Compare all costs. Don't hesitate to get all of your questions answered and get all pricing and fees in writing.