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At Gold Investor Research, we get asked about Bullionite Asset Group more often than almost any other self-directed IRA firm on the market right now.
The company, based in Newport Beach, California, was previously known as Blackstone Commodity Group before rebranding.
It focuses on helping people move retirement funds into physical gold, silver, platinum, palladium, real estate, and cryptocurrency through self-directed IRAs.
We spent time going through the company's site, its leadership background, and the public record to put together an honest assessment for anyone considering working with them.
Key Points
- Bullionite Asset Group is led by Mukarram Mawjood, who has traded global commodity and equity markets for more than 15 years across Asia, the Middle East, and the United States.
- The company works through a third party custodian rather than acting as a custodian itself, and stores metals in facilities such as Delaware Depository Services Company.
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Company Background
Bullionite Asset Group operated for years under the name Blackstone Commodity Group before adopting its current name.
The firm describes itself as having been active in commodities and alternative investments for more than a decade, with leadership and strategic partners who together bring over 50 years of combined market trading experience. It is not a registered investment advisor and does not act as a custodian.
Instead, it functions as a consulting and facilitation firm that connects clients to a custodian partner for the actual account administration.
The company's core pitch is straightforward. Retirement savers with a traditional IRA or 401k can roll those funds into a self-directed IRA without triggering taxes or early withdrawal penalties, then use that account to buy physical precious metals, real estate, or crypto.
The tax treatment stays the same as a conventional IRA. What changes is the menu of assets available to hold inside it.
Related: Newport Gold Group Review
What Bullionite Asset Group Actually Offers
The service list centers on four asset categories: precious metals, real estate, cryptocurrency, and traditional self-directed IRA setup and rollover support.
For precious metals specifically, the company sells gold, silver, platinum, and palladium that meet IRS purity requirements for IRA eligibility.
| Metal | IRS Minimum Purity |
|---|---|
| Gold | 99.5% |
| Silver | 99.9% |
| Platinum | 99.95% |
| Palladium | 99.95% |
Metals purchased through the company are held at an IRS approved depository rather than shipped to the client's home, which is a requirement for any IRA eligible bullion regardless of which dealer a person uses.
Bullionite references Delaware Depository Services Company as one of the storage facilities it works with.
The firm also publishes a fairly large library of educational content on its site covering gold IRA mechanics, crypto IRA comparisons, and 401k rollover steps, which is more depth than a lot of competitors offer for free.
The rollover process the company describes follows the standard path used across the industry.
A client opens a self-directed IRA with the partner custodian, funds are transferred directly from the existing IRA or 401k custodian to the new one so the client never takes personal possession of the cash, and then the client directs the custodian to purchase specific metals from Bullionite at an agreed price.
The metals ship directly to the depository, not to the client. Skipping any of these steps, particularly taking personal possession of funds mid transfer, can turn a tax-free rollover into a taxable distribution, so the sequencing matters more than most people expect going in.
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Leadership
Mukarram Mawjood is the founder and Chief Investment Officer. His background includes trading experience across equities, commodities, and cryptocurrency, and he has lived and worked in three major financial regions: Asia, the Middle East, and the United States.
In an interview with Coruzant Technologies, his firm's background was described as including roles where he guided stakeholders through major market events, including the 2008 crash and the gold price surge that followed between 2008 and 2011.
In one of the company's own published guides, Mawjood described his approach this way: he aims to stay "ahead of the curve, not under it" when it comes to reading macroeconomic and commodity market shifts.
That framing matches the rest of the company's content, which leans heavily on macro trends like central bank buying and currency debasement to make the case for precious metals allocation.
What stands out about Mawjood's background compared to some competitors in this space is that his experience predates the current gold bull run by well over a decade.
A lot of firms that sell precious metals IRAs were built during the 2020 to 2022 surge in retail interest and have leadership with limited experience trading through a full market cycle.
Mawjood's stated experience trading through the 2008 crash and the recovery years that followed gives him a longer frame of reference, which matters when a client is trying to figure out whether current advice is grounded in cycles or just in recent headlines.
Fees and Minimums
Bullionite Asset Group does not publish a specific fee schedule on its public site, which is common in this industry but still worth flagging.
Gold IRA minimums across the industry typically run from $5,000 to $25,000 to open an account, though the exact figure depends on the custodian and depository a client is routed through.
Anyone considering the company should get the fee structure in writing before funding an account. That includes account setup fees, annual custodian fees, storage fees, and any markup on the metal itself over spot price.
These costs vary enough between providers that a side by side comparison is worth the extra 20 minutes it takes.
Why This Matters Right Now
Gold's price action over the past year gives some context for why interest in this space has picked up. Gold hit an all time high of $5,589.38 per ounce on January 28, 2026. Central bank buying has been a major driver behind that move.
According to the World Gold Council's Gold Demand Trends report, central banks purchased a net 244 tonnes of gold in the first quarter of 2026 alone, then followed that with 289 tonnes in the second quarter, a figure five times higher than the first quarter and the strongest second quarter on record.
That buying happened even as gold posted its steepest quarterly price decline in a decade during that same stretch, which tells you something about how sovereign buyers think about the metal. They are not trying to time a trade. They are building a reserve position.
For individual retirement savers, this is the environment Bullionite Asset Group is selling into.
The pitch that gold serves as a portfolio diversifier holds up reasonably well historically, since gold has tended to hold or gain value during periods when stocks, the dollar, or real estate have struggled.
Most financial advisors who recommend any precious metals allocation at all still cap it at 5% to 15% of total retirement assets rather than treating it as a core holding, and that is a reasonable benchmark to keep in mind regardless of which dealer someone chooses.
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What We Could Not Verify
We looked for independent third party reviews specific to Bullionite Asset Group on platforms like the Better Business Bureau and Trustpilot and did not find a substantial public complaint or review history under the company's current name.
That is not unusual for a newer brand name, especially one that recently transitioned from Blackstone Commodity Group, but it also means prospective clients have less independent track record to check against than they would with a firm that has operated under one name for many years.
We recommend asking the company directly for references or a documented complaint history before funding a large rollover.
Conclusion
Bullionite Asset Group offers a legitimate entry point into self-directed IRAs backed by an experienced trader in Mukarram Mawjood, but the lack of published fees and limited independent review history mean it deserves the same due diligence you would apply to any firm handling your retirement funds.