Rosland Capital Gold IRA Clients: What to Do With Your Account After the 2026 Bankruptcy

By Pat Collins · Certified Gold Exchange — serving investors since 1992 · 5.0 Google Review Rating · (0) BBB Complaints · Last updated on 07/13/2026 

What happened to Rosland Capital, and what should Gold & Silver IRA clients do now?

Rosland Capital filed for Chapter 11 bankruptcy on July 2, 2026. If your precious metals are held in your IRA at an independent depository, you should be safe. However, you should act today to remove Rosland Capital as your interested party or designated representative. When you have to take an RMD, want to sell, or want a dealer you can rely on, CGE can help.

How Rosland Capital ended up in bankruptcy.

On July 2, 2026, Rosland Capital LLC filed for Chapter 11 bankruptcy protection (Case No. 2:26-bk-16650). The Southern California dealer was best known for their spokesman, William Devane, and his television commercials.

A Bondoro Insights report of court filings indicate the company:

• Owes approximately $49 million to customers who paid for metal but never received it.
• Plus $11.8 million to clients who sold metal back to them but never received the proceeds.
• Has no inventory of precious metals on hand.
• Is being investigated by the Securities & Exchange Commission (SEC).

The company ran a “sell first, buy later” business model.

They would receive clients money, then purchase the metal from third-party suppliers at a later point. But as the price of gold rose to over $5,000 oz in early 2026, the gap between what customers had paid and Rosland’s cost to buy their metal became unmanageable, resulting in a months-long backlog they couldn’t dig out of.

Court records also note that Rosland’s customer database is being auctioned off as an asset. We explain what that means for you — and the sales calls you may soon receive — further down.

A familiar name at the center.

Rosland was founded in 2008 by its CEO Marin Aleksov, who according to his personal About Me page, had previously spent nine years at Lear Capital, and time at Merit Financial before starting his own company. 

Merit Financial was sued and settled with the Santa Monica City Attorney in a massive false advertising and bait and switch case in 2015. Merit Financial went out of business shortly after the settlement. 

Lear Capital has faced multiple government actions over alleged deceptive sales practices. New York secured a $6 million settlement, while regulators across 42 states and territories helped establish a $5.5 million investor compensation fund. See the New York Attorney General and South Carolina Attorney General releases. Lear Capital has restructured, changed policies and operates in 2026.

What does this mean if you have a Rosland gold IRA?

It depends entirely on where your metal actually is. Rosland customers will typically fall into three groups:

• You paid for your metal either outright or through an IRA but never received it. Your claim is against the bankruptcy estate. Unfortunately, this is the one situation where no dealer — including us — can help you recover funds. (See the next section.)
• Your metal is already in your IRA at an independent depository. Your metal was delivered some time ago and is out of Rosland’s grip. You should be in good shape and have time to decide your next step.
• You bought “premium”, “exclusive”, semi-numismatic or limited edition coins at a steep markup. You may own real metal, but were overcharged for it. You have options to understand what it’s actually worth and simplify going forward.

Find yourself below.

If you paid for but never received your metal.

If you sent Rosland money for metal, either personally or through an IRA, and it was never delivered, court filings indicate you are likely an unsecured creditor of the estate. That means:

• Recovery, if any, happens only through the bankruptcy court.
• File a proof of claim (provide your personal information) if and when the court directs, and monitor notices from the U.S. Trustee and the case docket (No. 2:26-bk-16650).

We want to be straight with you here, this is by far the most difficult situation. The best thing we can offer is honesty about where you stand, as unfortunate as it is.

If your metal is already in your IRA.

Here’s the reassuring part. If your gold or silver is held in an IRA account, at an independent depository (for example, Delaware Depository, IDS, or Brink’s), then:

• Your metal is owned by your IRA and stored independently. Rosland’s bankruptcy doesn’t put your precious metals at risk.
• You do not have to do anything today. Your holdings don’t disappear because the dealer that sold them is gone.
• You still have a fully functioning IRA — you simply no longer have a dealer to call when you want to buy, sell, or take a distribution.

That last point is worth delving into.

Your custodian doesn’t buy or sell precious metals, so you need a dealer.

Your custodian and gold dealer have two different functions:

• Your custodian (the IRA administrator) holds your account, handles paperwork, and coordinates storage at the depository. Many Rosland clients have their IRAs at custodians such as Equity Trust, Strata Trust or GoldStar Trust.
• Your dealer is who you buy metal from and sell metal back to. Rosland was the dealer.

Here’s the key: when you want to sell, your custodian doesn’t buy your metal — they tell you to find a dealer. With Rosland gone, that’s a gap you’ll need to fill when the time comes.

The good news: you can work with any dealer, and you don’t have to move your custodian. We work with any self-directed IRA custodian — including Equity Trust and Strata Trust. You can learn more by reading our guide to gold IRA self directed custodians.

Do you need a dealer on standby?

Most people reading this won’t want to sell their gold and silver, and you don’t have to. In fact, for most clients whose precious metals are safely held in an IRA, you’re not in a hurry, you’re not in crisis, you just lost the dealer you would have called someday.

Here’s the reassuring truth: the right move is often to do nothing right now.

• Your metal stays put and keeps working as part of your retirement account.
• You don’t owe anyone a decision — not us, and definitely not a cold-caller.
• You just keep a dealer you trust on hand for the day you actually need one: an upcoming RMD, a future sale, or simply a question about what your holdings are worth.

Think of it as a name in your back pocket. When that day comes, you’ll want a dealer who’s been around, prices competitively, and won’t pressure you — and you’ll already know who to call. Until then, there’s nothing you have to decide — though there is one small piece of housekeeping worth knowing about.

One quiet piece of housekeeping: is Rosland still on your account?

Even if your metal is safely at the depository and everything looks fine, there’s one detail worth checking. When you opened your account, Rosland was very likely listed as the Designated Representative on it — and depending on your custodian, that role can be similar to a power of attorney over your account.

To be clear: we don’t think the risk here is large. Rosland is defunct, its employees are gone, and the company is in liquidation. This isn’t cause for alarm.

But here’s something to consider: do you really want a bankrupt company — one known for taking advantage of its customers — left with any role or influence over your retirement account, however small? Most people, understandably, would rather clean that up.

The good news is this is simple to fix, and it’s something we can help you with even if you’re not ready to do anything else:

• We help you remove Rosland Capital as the Designated Representative on your account.
• We can be listed as an Interested Party in their place if you’d like — with no power of attorney or authority over your account. That simply means you have a knowledgeable dealer on record for when you do need one.
• Nothing else about your account has to change. Same custodian, same depository, same metal.

Think of it as cleaning up your account so the only names attached to it are ones you actually trust. If that’s something you’d like to take care of today, call us at 800-300-0715 and we’ll walk you through it.

Heads up: expect a wave of sales calls.

The court filings state that Rosland’s customer database is being auctioned off, that list of clients, including you — will most likely end up in the hands of another company. That means that:

• You’ll likely start getting unsolicited calls from a dealer who bought or obtained the list.
• High-pressure “act now” pitches are common in this industry after a competitor collapses. This is a known industry pattern, not an accusation against any specific buyer of the list.
• You are obviously not obligated to do anything because someone called you. A legitimate dealer is fine with you slowing down, comparing options, and calling them when you’re ready.

If a call feels rushed, scripted, or fear-based, that’s your cue to pause. For the tactics to watch for, see our gold IRA scams guide.

How to sell or move your gold IRA.

When you’re ready — whether that’s to sell your precious metals, move the funds to another custodian, or liquidate enough to take a distribution — the path is straightforward:

• To sell metal held in your IRA: we’ll provide you with a buyback quote, help you complete the required documents and then coordinate with your custodian and depository. Once the metal is sold and we wire the proceeds to your IRA, you can transfer them to another custodian or take a distribution.
• To take a Required Minimum Distribution (RMD): you can sell just enough metal to cover the RMD amount and withdraw the cash, or take an “in-kind” distribution of the metal itself.

A few important reminders:

• Withdrawals before age 59½ are generally subject to a 10% early-withdrawal penalty, on top of ordinary income tax.
• Missing an RMD triggers a penalty of 25%, which can be reduced to 10% if corrected in a timely manner.
• A properly handled trustee-to-trustee transfer between custodians is generally not a taxable event, since the funds move directly without being distributed to you. 
• Tax rules vary by situation. Please confirm your specifics with your tax advisor before acting.

See our full guide on how to sell precious metals in an IRA.

Should you stay in your current coins or swap for bullion?

If you bought so-called “premium”, “exclusive” or “collectible” coins from Rosland Capital, such as the British Museum series, Lady Liberty coins or the PGA tour series to name a few, there’s a good chance you paid a large premium. Court filings describe markups of 30–50%+ over melt value on such gold and silver coins.

That doesn’t mean your metal is worthless — it means the product was most likely overpriced. Your options:

• Find out what you actually own. We can help you understand the actual value of your coins versus what your custodian says they’re worth. (Typically it’s less.)
• Consider swapping into bullion. Moving from high-premium, low liquidity “exclusive” items into bullion coins like American Eagles may make sense if you’re planning to hold long term.

Rosland Capital isn’t the first, and won’t be the last.

Rosland Capital isn’t the first dealer of its kind to run into trouble, and it won’t be the last. Browse the internet and you’ll find:

• Capital Gold Group – went bankrupt after complaints of insolvency and failure to deliver metal.
• Oxford Gold Group – was forced into bankruptcy amid fraud allegations.
• Regal Assets, Safeguard Metals, and Red Rock Secured – each faced federal and state enforcement — with courts ordering tens of millions in restitution and penalties, largely for overcharging customers on “premium” or “exclusive” gold and silver coins. (per bankruptcy court records and CFTC, SEC, and state regulator filings)

The common thread isn’t bad luck — it’s how these companies do business: steep markups on hard-to-price silver and gold coins, aggressive telemarketing, celebrity endorsements, and paid affiliates. That’s why how a dealer operates (transparent pricing, bullion only, no pressure, etc.) matters long before you ever need to sell.

How we work — and why we’re different.

At CGE, we’ve been serving precious metals investors since 1992. This is how we work:

• We focus on competitively priced physical gold and silver bullion, not high-premium items.
• We only sell inventory that’s live (currently available).
• We don’t cold-call or high-pressure. Most clients find us when they’re ready.
• We can work with any self-directed IRA custodian, including Strata Trust, Equity Trust and GoldStar Trust, so you don’t have to move your account.
• ★5.0 Google Reviews and our Price Match Plus Guarantee, we’ll search competitively priced dealers and work to beat their best price.

If you’re a Rosland client trying to figure out your next move, we may be able to help — on your timeline. Call 800-300-0715 when you’re ready.

The bottom line.

Rosland Capital’s Chapter 11 is unsettling, but for most clients with their physical precious metals already secured in an IRA, your holdings are safe and you have time. Know which of the three buckets you’re in, ignore the pressure calls, and choose your next dealer based on their track record — not their ad budget.

A dealer closing its doors doesn’t change why you most likely chose precious metals in the first place: to protect your hard-earned savings, diversify your portfolio, and hedge against inflation. Those reasons are as valid today — if not more so — as the day you bought in. At Certified Gold Exchange, we’ve built our reputation on the opposite approach: transparent pricing, exceptional client service, and no high-pressure sales. When you’re ready to sell, transfer your IRA, take an RMD, or just have a dependable dealer on hand, we’re here.

Frequently asked questions.

Is my gold safe if it’s in my IRA at a depository?

Generally, yes. Precious metals IRAs stored at an independent depository shouldn’t be at risk of Rosland’s bankruptcy. 

I paid Rosland for gold coins but never got my metal. Can you get my money back?

No. Per court filings, you’re likely an unsecured creditor, and recovery (if any) happens only through the bankruptcy court (Case No. 2:26-bk-16650). No dealer can recover those funds for you.

Do I have to switch custodians now that Rosland is gone?

No. Your custodian and your dealer are separate. You can stay with your existing custodian and simply choose a new dealer when you want to buy or sell.

I’m getting sales calls about my precious metals IRA. Should I trust them?

Be cautious. Rosland’s customer list is being auctioned off, so expect phone calls. You’re not obligated to act on any call — slow down and verify before doing anything. 

How do I take my RMD from a gold IRA?

You can sell enough metal to cover the RMD in cash, or take an in-kind distribution of the metal. Missing an RMD carries a 25% penalty, reduced to 10% if corrected in a timely manner. Confirm the details with your tax advisor.

I bought expensive numismatic coins from Rosland. What are they worth?

It depends, but possibly far less than you paid if they carried a large premium over market prices. We can help you with a valuation of your rare coins — call us at 800-300-0715.

How did Rosland Capital have an A+ BBB rating with 151 complaints in three years?

Because of how the rating works. The Better Business Bureau says its grade is “based on information BBB is able to obtain about the business, including complaints received from the public” — yet it also states that “customer reviews are not used in the calculation of the BBB Letter Grade Rating.”

In other words, the grade reflects whether a company responds to and resolves complaints, not whether its customers were actually satisfied. That’s how a dealer can carry an A+ while clients report being overcharged. When vetting a dealer, look further than the rating and actually read client complaints and reviews to get a more accurate picture of how they operate.

Why should I trust Certified Gold Exchange?

We’ve operated since 1992, focus on competitively priced bullion, hold ★5.0 Google Reviews, and don’t use high-pressure sales tactics. We believe our reputation speaks for itself — but don’t take our word for it. Read our reviews (company Google profile) and see what others say about working with us.

Have questions about your Rosland Capital precious metals-backed IRA? Contact Pat or a member of the CGE team at 800-300-0715.