Regal Advisory Services, Inc.

Regal Advisory Services, Inc. serves individuals (including high‑net‑worth clients), retirement plans, trusts, foundations and business entities, providing financial planning, portfolio management, and retirement plan advisory services. The firm offers a range of program structures — including discretionary and non‑discretionary managed accounts, wrap and non‑wrap programs, and third‑party SMA/UMA/strategist portfolios — and generally charges fees as a percentage of assets under management.

Advisors at Regal combine fundamental and quantitative research and implement portfolios through proprietary RDIM/RNIM/Free Form offerings or via correspondent platforms (RBC Capital Markets and Hilltop Securities) and third‑party managers; clients can impose investment restrictions and are contacted at least annually for reviews. A noteworthy operational feature is the firm’s reliance on non‑discretionary arrangements for a meaningful portion of assets, with several RBC‑sponsored programs explicitly structured to provide non‑discretionary advice where clients retain final trading authority.

Regal discloses regulatory matters involving its affiliated broker‑dealer, Regal Securities, Inc., including FINRA action in 2016 (censure and $25,000 fine), a 2017 Arkansas action (civil penalty of $25,000 and disgorgement of $11,879.31), and April 2023 Letters of Acceptance, Waiver and Consent with FINRA and Nasdaq relating to trade surveillance deficiencies (each resulting in $50,000 fines), and states it has implemented a new trade surveillance system and updated supervisory procedures. The brochure also notes custody and execution arrangements routed through affiliate and correspondent relationships, including transaction ticket premiums and revenue‑sharing practices that the firm identifies as potential conflicts of interest.