Company Status: DEFUNCT
Regal Assets appears to have ceased operations. Their website is down, phone lines disconnected, and former customers report inability to reach anyone about their accounts. Do not attempt to do business with this company.
What Happened to Regal Assets?
Regal Assets was once one of the most-recommended Gold IRA companies in America. They had thousands of positive reviews, celebrity endorsements, and featured prominently on "best of" lists across the internet.
Then it all collapsed. The company appears defunct, their website is down, and former customers are left wondering what happened to their gold. This case is a stark reminder of why we emphasize due diligence in this industry.
Timeline of Collapse
What This Means for Customers
If you have or had an account with Regal Assets, here's what you need to know:
Action Steps for Former Customers
- 1.Your metals should still exist. IRA precious metals are held by custodians and depositories, not the dealer. Regal was an intermediary—assets should be held separately.
- 2.Contact your IRA custodian directly. If you worked with Regal on an IRA, your custodian (likely Equity Trust or similar) has records of your holdings.
- 3.Document everything. Save all communications, statements, and records related to your account for potential legal action.
- 4.Consider consulting an attorney. If you believe you've suffered losses, a securities attorney can advise on potential recourse.
Lessons Learned: How to Avoid This
The Regal Assets collapse teaches several important lessons:
- Verify current BBB status. Don't rely on outdated reviews. Check the BBB directly for current ratings. Regal had great ratings—until they didn't.
- Understand the custody structure. Your metals should be held by an independent, insured custodian—not by the dealer themselves.
- Avoid "too good to be true." Extremely aggressive promotions, unrealistic promises, or pressure to act immediately are red flags.
- Diversify across providers. Consider not putting all your precious metals with a single dealer.
Safe Alternatives
Unlike Regal Assets, many companies have maintained impeccable records over decades. We recommend sticking to established, A+ rated dealers:
- Augusta Precious Metals — Zero BBB complaints, 10+ years, education-first approach
- Noble Gold — Low minimums, Texas storage option, strong track record
- Goldco — Billions placed, celebrity endorsements, "White Glove" service
These companies have weathered multiple market cycles and continue to operate with strong reputations.
Final Thoughts
The Regal Assets story is a reminder that due diligence matters. A company can look perfect on paper—great reviews, industry awards, celebrity endorsements—and still fail. Always verify current status, understand how your assets are held, and work with companies that have proven staying power.
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