Structures · Private Clients

Gold & Bullion Storage

Allocated, segregated bullion storage in non-bank vaults across four continents.

Overview

Allocated bullion held outside the banking system is one of the oldest forms of private wealth insurance — and one of the most poorly implemented. ASJ Group arranges allocated, segregated gold, silver, platinum and palladium storage in non-bank vaults across Zurich, Singapore, Dubai, Toronto and Auckland.

Allocated means specific bars are recorded in the client's name, with serial numbers and refinery assays on file. Segregated means those bars sit on a shelf marked with the client's identifier — not commingled with any other holder's metal. Neither is standard in most bank-vault programmes; both are standard in ours.

Storage sits inside the client's chosen legal wrapper — personally, through a trust, foundation or SPV — with a liquidation desk on call for both partial and complete drawdowns at LBMA-good-delivery pricing.

What's included

Scope of engagement

  • Off-balance-sheet ownership
  • Insured Lloyd's of London
  • Liquidation desk on call
Who it's for

Typical clients

  • HNW individuals holding physical bullion as portfolio insurance
  • Family offices allocating 5–15% of net worth to physical metal
  • Trusts and foundations diversifying custody outside the banking system
How we work

A named director on the file, from first call to handover.

01 · Structure & jurisdiction

Personal, trust, foundation or SPV ownership and vault jurisdiction selected.

02 · Acquisition

Bullion purchased at LBMA good delivery, invoiced and shipped direct to vault.

03 · Storage & audit

Bars recorded by serial number, insured with Lloyd's syndicate coverage, annual independent audit.

04 · Liquidation desk

Partial or full drawdown at market pricing, settlement to nominated account.

Deliverables

What you receive.

Every engagement closes with a director-signed handover pack — retained on file for thirty years.

  • Ownership structure recommendation
  • Allocated, segregated storage account
  • Serial-numbered bar list and assay certificates
  • Insurance and annual audit
  • Liquidation desk access
Where we deliver

Jurisdictions in active use for this service.

Switzerland
Singapore
UAE
Canada
New Zealand
Frequently asked

Questions we hear on every intake call.

What is the difference between allocated and unallocated?
Allocated bullion is specifically identified bars owned outright by the client and outside the vault operator's balance sheet. Unallocated is a claim against the operator — it becomes a general unsecured creditor position if the operator fails.
How is it insured?
All ASJ Group-introduced storage carries Lloyd's-syndicate all-risk coverage at full replacement value, including in-transit cover to and from the vault.
Can bullion be held inside a trust?
Yes. The trust or foundation is the legal owner of record; the vault holds the metal on the trustee's account with the same allocated and segregated standards.
Ready to scope this

Start with a twenty-minute call. Leave with a written scope.

Every engagement begins with a director — not a junior, not a chatbot. Fixed fees, quoted in writing, before any work begins.