Regal Bay Investment Group, LLC

Regal Bay provides investment management, unbundled managed account solutions (UMAS), investment consulting, and non‑securities financial advice to individuals, high‑net‑worth clients, trusts, estates, corporations, and pension and profit‑sharing plans. Like many peers, the firm charges asset‑based fees for portfolio management and offers separately managed accounts and periodic reporting to clients.

The firm describes a research‑intensive investment process that uses fundamental and technical analysis to tailor strategies to each client’s objectives and risk tolerance, and it may recommend IPOs and follow‑on offerings when appropriate. Accounts may be managed either on a discretionary or non‑discretionary basis, but the brochure states that most client assets—more than $114.8 million—are managed non‑discretionarily while a relatively small amount (about $2.6 million) is managed on a discretionary basis.

Regal Bay commonly recommends executing trades through Regal Securities and clearing with RBC, and the brochure discloses that a portion of brokerage commissions and fees paid to those firms may be passed back to the adviser; some firm advisers are dually licensed as registered representatives of the broker‑dealer and split time between advisory and brokerage responsibilities. These affiliations and the firm’s stated allocation practices for IPOs and block orders create potential conflicts of interest that the brochure addresses through its disclosure, code of ethics, and supervisory procedures.