Regal Assets has been closed down, and investors at Regal Assets have been defrauded by the company. Now their official website is inaccessible and an error message like such is shown:
What is Regal Assets?
Regal Assets is an IRA provider based in Burbank, California. Tyler Gallagher founded the company in 2009 and has been running it since.
The company has been able to build a solid reputation in the IRA industry over the years.
They were able to get an ‘A+’ rating with BBB in 2010, a rare feat to achieve within a year of inception.
The company’s office is located at 280 S Beverly Dr 5th Floor, Beverly Hills, CA 90212, US. Their contact number is 1-877-962-1133.
Similarly, you can contact an account executive from 7 AM to 6 PM PST on weekdays.
A unique highlight is they don’t offer collectibles. This IRA provider only offers IRA products to its customers, setting it apart from other precious metal dealers.
Moreover, Regal Assets has been able to get over 1,700 positive reviews on Birdeye.
Again, it’s no easy feat and increases confidence in the company.
Also, the company has been a member of the Forbes Finance Council for years. At the time of writing this review, they have over 58 articles published on Forbes.
Considering how the company has faced several hiccups, including a “Regal Assets lawsuit” from competitors, these are all noteworthy achievements.
The company ranked #20 in the Inc 500 list for the US. All of this suggests the IRA provider has built a strong and reputable brand based on trust and authenticity.
Who is Tyler Gallagher?
Tyler Gallagher is the CEO and founder of Regal Assets. Many publications have featured him over the last few years including Reuters, Bloomberg, Market Watch and Forbes.
He founded Regal Assets in 2009 and bootstrapped the company. Since then, it has evolved into an international investment bank with offices in Dubai, Toronto, Beverly Hills and London.
Furthermore, he has been a regular contributor to Forbes, Authority Magazine and Thrive Global.
In multiple interviews, Tyler has revealed that he started Regal Assets when he didn’t even have much funds. There was a time when he used to sleep in his car because he didn’t have a house.
Now, he is a thought leader in the alternative assets industry with a global enterprise.
While the management team’s public profile might be limited, the company’s commitment to transparency is demonstrated through its clear communication with investors, ensuring they feel secure in their investment choices.
How to Invest with Regal Assets:
Being an online IRA provider for nearly two decades has allowed Regal Assets to understand how to provide a smooth user experience.
Hence, signing up on their website is rather easy.
You can open an online gold IRA account with Regal Assets within minutes.
Opening an online IRA account saves you considerable time and effort.
Moreover, you’ll be able to set up your IRA much more quickly.
They have a dedicated team of IRA experts so you can take their help as well. Rolling over funds from a traditional IRA into cryptocurrencies and precious metals might seem difficult.
So, having the option to seek expert guidance helps.
Here’s how you can sign up:
Fill out the registration form on their website. The company claims to send an email back within 24 hours.
Also, they complete the required IRA documentation for you during this period to reduce your hassle.
When you receive the email, you will also get the necessary paperwork for transfer request submission.
Submitting the transfer request would allow Regal Assets to contact your custodian and transfer the funds directly to your new IRA account.
Now, you only have to wait to hear from the Account Executive. They will finish the transfer process and update you whenever they complete a step.
Your account executive will help you purchase suitable alternative assets.
Once you approve the purchase, they will complete the order. Then, Regal Assets delivers your metals within seven days to the depository.
After their arrival, the company will notify you. Now, you can check your IRA account whenever you want, including your orders.
Beware of Gold IRA scams. Recently several scams have been charged by the authorities. Companies such as Regal Assets, Safeguard Metals and Red Rock Secured defrauded hundereds of retirees like you and me. I strongly suggest you learn how to identify gold IRA scams. You can request a free guide using the button below:
Before investing with any IRA provider, you should check their reviews on third-party platforms.
I checked multiple review platforms to find out what the clients of Regal Assets have been saying.
The result was amazing.
With thousands of positive reviews, Regal Assets enjoys a rather positive reputation in the industry.
There were complaints too but they were substantially outnumbered.
Furthermore, I found the customer support team of Regal Assets to be extremely quick.
Most of the complaints I found on the IRA provider were either answered or resolved.
Below is a detailed breakdown of Regal Assets reviews according to platforms:
Birdeye Regal Assets –
The Birdeye Regal Assets page has the highest number of reviews in comparison to other review platforms.
Here, the rating of this IRA provider is 4.9/5.
The total number of reviews here is over 1700 and they seem organic.
To recognize if the reviews on a business are fake or organic, you should see if the reviews share much detail or not. Also, you should check their dates. Fake reviews tend to be posted on the same day.
However, that doesn’t appear to be the case here.
Having a 4.9 out of 5-star rating is commendable.
Out of the 1700+ reviews on the Birdeye Regal Assets page, only 8 of them are negative.
Here are some examples of the reviews available on that page.
Most Regal Assets reviews praise the company’s effective service and the guidance it offers in setting up an IRA.
Also, a ton of reviews compliment the company’s simple rollover procedure.
I found several reviews from clients holding investment portfolios with this firm and they were praising its analysts and advisors for their assistance.
Here are some more.
According to these reviews, Regal Assets focuses on helping its clients through expert advice and guidance. This way, both of them benefit.
This quality makes this IRA provider particularly suitable for people who aren’t very familiar with IRAs.
The expert guidance ensures you can set up a Self-Directed IRA easily.
Regal Assets BBB –
The Regal Assets BBB page shows that they have a B+ rating.
Considering how the business has been operating for 17 years, it’s impressive.
While a higher rating might have been better, there are other platforms where they have received overwhelmingly positive reviews.
Their BBB page shows a temporary warning regarding a lawsuit they were involved in.
Also, they have responded to or resolved every complaint they have received on their BBB page.
It’s a good sign as it means the company takes customer service seriously.
So, if you encounter an issue with them, you can be assured that they will try to resolve the problem as effectively as possible.
Additional Regal Assets Reviews –
Apart from Birdeye and BBB, this IRA provider has received reviews on Business Consumer Alliance.
There, the IRA provider has a stellar 5 out of 5-star rating based on 57 reviews.
This is another good sign and shows Regal Assets is a dependable firm you can trust.
Because of their industry experience and rating, BCA has given them an AA rating at the time of writing this review.
Furthermore, it’s worth noting that Regal Assets has been a member of BCA since 2009.
In the last 3 years, the company has only received 4 complaints on the platform and they have resolved each of them.
I was glad to see such a fast complaint resolution by Regal Assets. Considering the size of this organization, they have really focused on providing their customers with a smooth experience.
Verdict: Is Regal Assets Legit?
Judging from the 1700+ reviews, the answer to this question would be: Yes.
Regal Assets has a longstanding reputation in the gold IRA industry. They are pioneers of the crypto IRA sector and focus heavily on keeping transfers and rollovers secure and smooth.
The company has been operating in the extremely competitive IRA industry for 17 years.
In these years, Regal has expanded globally and has innovated along the way. They offer a longevity benefit you rarely see in this industry as most companies shut down within 3-4 years.
Furthermore, they only offer IRA-approved products which saves you a lot of trouble. Otherwise, you might find yourself owing penalties to the IRS because you added ineligible products to your IRA.
Surely, their unique offerings and features make them a favourite for many investors.
Should You Invest with Regal Assets?
Nearly two decades of experience
Only sell IRA-approved metals
Faced a lawsuit by a competitor in 2014
Share a little information about their management team
CEO on the run
According to the points I listed above, Regal Assets used to be a great place to consider when you’re looking for an IRA provider.
If you’re unfamiliar with IRA then the account executives at Regal Assets can be of great help to you. All you have to do is request a free kit. They will take care of the rest.
Their IRA-eligible products ensure you don’t violate any rules or regulations when expanding your IRA portfolio. Moreover, they store all client metals in a secure third-party vault.
I recommend investing with Regal Assets. No company is perfect and they have their flaws too.
But the sheer number of pros outweighs the few issues present in this company.
With Regal, you will be safe from any IRS penalties and free from any worries about your portfolio.
Furthermore, if you’re interested in cryptocurrencies then their crypto IRA selection would be perfect for you. They are one of the few companies that allow investors to have both precious metals and cryptocurrencies in their IRA.
Whether you’re someone interested in precious metals or just retirement investments, you should definitely consider Regal as a strong candidate.
Regal Assets charges a $250 flat annual fee where the first year is waived. They have partnered with New Direction IRA and Brink’s to vault precious metals.
Regal can roll over funds from your existing IRA for free and offers both Traditional IRAs and Roth IRAs.
Before you begin, they offer a free kit so you can get familiar with everything.
However, I must say that I didn’t like how Regal Assets avoids sharing any information about its management team. They only share Tyle Gallagher’s name publicly.
Apart from that, I think Regal Assets is perfect for most retirement investors. Still, don’t follow my word blindly.
You should always speak to your financial advisor to decide if Regal Assets is right for you. Your financial advisor can also help you decide how much you can invest in precious metals.
They will inform you of various risks associated with metals investments and what their drawbacks are.
It’s true that investing in precious metals saves you from US dollar’s devaluation and recession but it doesn’t generate dividends like stocks.
Alternatively, you can get a free gold IRA guide from our #1 rated company by clicking the button below: