Regal Assets vs Provident Metals: The Ultimate Showdown

Choosing the right partner for your gold IRA investment can be challenging. In the debate of Regal Assets vs Provident Metals, investors want clarity on which will best serve their needs. This article distills the essential details – from fees and investment choices to customer service – enabling you to determine if Regal Assets’ specialized approach or Provident Metals’ extensive selection align with your investment strategy.

Key Takeaways

Regal Assets and Provident Metals Overview

Regal Assets

Regal Assets and Provident Metals are both esteemed gold IRA companies, but they have distinct areas of focus. Regal Assets is a precious metals dealer providing stability in investing in gold, silver, platinum, and palladium. This stability is more than what can be said for paper-based investments like stocks or mutual funds. The company offers financial products based on these precious metals, specifically designed for IRA and retirement portfolios. The minimum investment threshold for Regal Assets is $5,000, making it accessible to a diverse group of investors interested in gold IRA options.

On the flip side, Provident Metals offers a diverse selection of investment options. It is not limited to IRA-backed precious metals. It offers a variety of precious metals, including gold coins, catering to the needs of a wider audience. Despite their differences, both companies have maintained impeccable industry track records and positive reviews.

Ultimately, the choice between Regal Assets and Provident Metals depends on the individual investor’s portfolio needs and investment goals.

Comparing Investment Portfolios

Regal Assets

Diversifying your portfolio with precious metals presents attractive offerings from both Regal Assets and Provident Metals. So, how do they compare? We should investigate further the types of precious metals they offer, along with their adherence to quality and purity standards.

Variety of Precious Metals Offered

Regal Assets shines in its specialized gold IRA investments. The company is dedicated to helping clients invest in gold, silver, and other precious metals through their Regal IRA. Their focus on gold IRA investments underscores their understanding of the stability that precious metals provide against market volatility.

In contrast, Provident Metals offers a broad selection of precious metals, including palladium bullion. Their catalogue includes gold and silver bullion, copper bullion, and a variety of gold and silver coins. This wider selection serves the needs of investors looking to diversify their portfolio beyond gold IRA investments.

Whether you’re looking to invest specifically in gold IRAs or wish to explore a wider range of precious metals, both companies offer attractive options based on your investment goals.

Quality and Purity Standards

In terms of quality and purity, both Regal Assets and Provident Metals strictly conform to established standards. Metals used in Gold IRAs must meet the rigorous policy and fineness standards established by the IRS, which may exclude numismatic coins from being included in a Gold IRA. For precious metals to qualify for a gold IRA, they must meet specific purity requirements. Gold must meet a minimum fineness of 99.5% and must be produced by either a national mint or an accredited manufacturer.

Both companies ensure compliance with these standards. It’s worth noting, however, that IRS regulations prohibit storing precious metals from a gold IRA at home. Provident Metals strictly complies with these quality and purity standards, ensuring that they meet IRS regulations for precious metals. The commitment to quality and purity by both companies provides an added layer of assurance for investors.

Fees and Pricing Structures

Regal Assets

The fees and pricing structures of a gold IRA company are critical aspects to consider as they can majorly affect your long-term investment returns.

We can examine the differences in fee structures and pricing transparency between Regal Assets and Provident Metals.

Regal Assets Fee Transparency

Regal Assets stands out for its transparent fee structure. The company offers a flat fee of $250 for all retirement accounts, regardless of the account value. This includes a $100 administration fee and a $150 precious metals storage fee annually for retirement accounts. This flat fee approach ensures clarity for investors in understanding the costs associated with their investment.

From the onset, Regal Assets provides a comprehensive fee and commission schedule. This outlines the total annual cost for their services at $250, incorporating a below-average annual storage fee of $150. This level of transparency makes it easier for investors to plan their expenses and calculate their potential returns.

Provident Metals Cost Efficiency

Provident Metals is known for:

The company also maintains a transparent pricing model with no undisclosed fees or unexpected charges. However, it’s worth noting that the charges involved in establishing an account with Provident Metals can vary depending on the custodian. They include initial setup fees and annual admin fees, while the annual storage fees are not openly disclosed. Despite this, Provident Metals remains a cost-efficient option for investors looking for competitive prices on precious metals.

User-Friendly Services and Customer Support

Regal Assets

For any investor, the ability to access a company’s services and receive immediate aid when necessary is vital.

We can gauge how Regal Assets and Provident Metals measure up in providing user-friendly services and customer support.

Regal Assets’ Customer-Centric Approach

Regal Assets takes a customer-centric approach to its services. Upon becoming a client, you can expect the following:

Their IRA experts specialize in assisting investors with creating diverse alternative asset portfolios, including cryptocurrency and gold. They offer expert advice and support throughout the complex landscape of gold IRA investments. Whether you’re a novice investor or an experienced one, Regal Assets’ personalized service can be a valuable resource in navigating your gold IRA investment journey.

Provident Metals’ Support and Guidance

Provident Metals offers its clients:

Their customer service representatives are ready to assist in secure purchasing and offer guidance to support investors’ goals.

Despite striving to provide comprehensive support services, user reviews suggest a mix of satisfaction and dissatisfaction, with some users rating the customer service as poor. However, Provident Metals remains committed to prioritizing customer satisfaction and offers a satisfaction guarantee, encouraging customers to reach out to their Customer Service Department within five business days of receiving an item if they are dissatisfied.

Storage and Security Options

Regal Assets

Secure storage is a paramount consideration when investing in precious metals. We can contrast the storage and security options provided by Regal Assets and Provident Metals.

Regal Assets’ Segregated Storage

Regal Assets offers a unique feature in its storage options – segregated storage. Segregated storage refers to the practice of keeping the metal purchased separate from other clients’ and dealers’ positions. It ensures that your precious metals are stored in a dedicated compartment reserved for your private use.

The company secures your metals in an insured and segregated account at an international depository located in London, Zurich, or Singapore. The annual expenses for using Regal Assets’ segregated storage services are $150 for precious metals storage and $125 for gold IRA segregated vault storage. This offers you the peace of mind that your investments are securely tucked away and easily identifiable as your own.

Provident Metals’ Storage Partnerships

Provident Metals, a reputable precious metal dealer, partners with well-established storage facilities to offer secure storage options for their clients’ precious metals investments. The company collaborates with the Dallas-based conglomerate Elemetal and other highly respected refiners, carriers, and vault service providers.

All precious metal assets stored with Provident Metals in their respective depository vaults are fully insured, offering reassurance to investors. Whether you choose segregated or allocated storage, you can rest assured that your precious metals are stored securely and insured against potential risks.

Company Reputation and Industry Standing

In the precious metals investment sector, a company’s reputation and standing can greatly indicate its credibility and reliability. We can examine how Regal Assets and Provident Metals match up in terms of their industry reputation and standing.

Regal Assets’ Industry Recognition

Regal Assets has made a name for itself in the gold IRA industry. The company has been honored with the Bullion Dealer of the Year award in 2018 and has been recognized as America’s #1 Gold IRA provider for 2012, 2013, and 2014 in the Consumers Choice Awards.

Furthermore, Regal Assets has received a commendable cumulative rating of 5 out of 5 stars on TrustLink, reflecting overwhelmingly positive sentiments from its clients. These accolades and high ratings underscore Regal Assets’ strong reputation and commitment to excellence in the gold IRA market.

Provident Metals’ Trustworthiness

Provident Metals stands out for its trustworthiness and reliability. The company has a strong track record of satisfied customers and positive reviews. Despite mixed reviews on Sitejabber, Provident Metals is committed to prioritizing customer satisfaction and offers a satisfaction guarantee.

The company has also been awarded industry recognition through various medals, demonstrating its dedication to excellence in service. Whether you’re a novice investor or an experienced one, Provident Metals’ commitment to customer satisfaction and excellence can be a valuable asset in your investment journey.

Gold IRA Rollover Process

The process of transferring your existing retirement account to a gold IRA can be intricate. We can evaluate how Regal Assets and Provident Metals simplify this process for their clients.

Direct Rollover with Regal Assets

Regal Assets specializes in direct gold IRA rollovers, including Roth IRA conversions for self directed ira accounts. A direct rollover entails the movement of funds from a traditional IRA custodian to a Gold IRA custodian without incurring taxes or penalties.

Upon filling out the online form on the company’s website, the Regal Assets team will contact you within 24 hours to provide assistance with the process. The entire process generally concludes within 2 business days.

This expedient and straightforward process, coupled with the assurance of no tax withholdings or liabilities, makes Regal Assets an attractive choice for direct gold IRA rollovers.

Indirect Rollover with Provident Metals

Provident Metals, on the other hand, offers indirect gold IRA rollovers. This process allows the investor to receive a distribution of IRA or eligible retirement plan assets, which they are then required to roll over into the same type of IRA or another eligible retirement plan within a 60-day period.

It’s important to note that during an indirect rollover, the plan administrator is obligated to withhold 20 percent for federal income tax. Despite this, the flexibility provided by an indirect rollover may be appealing to some investors.

Investment Growth and Performance

The growth and performance of an investment can significantly indicate a company’s potential for long-term profits and steadiness. The current bull market offers a significant opportunity for precious metals such as physical gold and gold bullion, as well as silver, to appreciate in value, as historically they have demonstrated strong performance in such market conditions. For those looking to sell gold, this could be an ideal time to capitalize on their investments.

According to some experts, the anticipated upward potential for gold in the current bullish market could reach as high as 500%, signifying substantial growth potential for gold as an investment. In such circumstances, silver is anticipated to experience an even greater increase, indicating the potential for higher returns relative to gold in a bullish market.

As such, both Regal Assets and Provident Metals present promising prospects for investment growth and performance.

Making the Right Choice for Your Retirement Account

Numerous factors such as fees, customer service, and investment options should be considered when deciding where to invest your retirement funds. Regal Assets and Provident Metals both have their unique strengths and weaknesses.

Regal Assets stands out for its transparent fee structure and personalized customer service. The company specializes in gold IRA investments, making it a great choice for investors looking to focus on gold as part of their retirement portfolio. However, the company’s emphasis on gold IRAs might be limiting for those looking to diversify their investments.

On the other hand, Provident Metals offers a wide range of precious metals and competitive prices. However, the company’s fee structure is less clear, which might make it difficult for investors to plan their expenses.


In the realm of gold IRA investments, both Regal Assets and Provident Metals have proven themselves as reliable and trustworthy options. Each company offers unique advantages, and the choice between the two will largely depend on your individual investment goals, portfolio needs, and the level of customer service you desire.

Investing in a gold IRA is not just about securing your retirement savings, but also about gaining peace of mind. By understanding the offerings of Regal Assets and Provident Metals, you can make an informed decision and choose the best company to safeguard your future.

Frequently Asked Questions

Is Regal assets legit?

Yes, Regal Assets is a legitimate way to invest in precious metals and cryptocurrency, offering a means to diversify wealth and prepare for retirement. However, it’s important to bear in mind that all investments carry some level of risk.

Does JM Bullion own provident metals?

Yes, JM Bullion owns Provident Metals as one of its separate branded, company-owned websites.

How much precious metals should you have?

It’s generally recommended to have between 5 and 20% of your portfolio in gold or other precious metals, according to financial experts. Adjust your allocation based on personal preferences and risk tolerance.

Are precious metals a high risk investment?

Precious metals, like gold, silver, and platinum, are considered less risky than most assets and tend to be resilient to economic downturns. Therefore, they can be a relatively low-risk investment option.

What is a Gold IRA?

A Gold IRA is an Individual Retirement Account that holds gold as the investment instead of traditional paper assets. It offers a way to diversify retirement savings.