About Us

Texas Precious Metals Depository (“TPMD”) is a division of Texas Precious Metals (“TPM”). It is a private facility that opened in 2018 and is one of the largest depositories in the world.

Texas Precious Metals is a company deeply rooted in the values and traditions of South Texas. Our heritage is one of resilience, integrity, and a commitment to excellence forged over generations of hard work and dedication.

Our emphasis on efficiency and precision is reflected in our operations. Unlike most depositories, we do not commingle metals — the products you store with us are the exact products we will return to you.

Our state-of-the-art facility is purpose-built and has over 54,000 square feet of reinforced concrete with multiple layers of concentric protection. We use autonomous robotic shuttles, barcoding, RFID technology, and cutting-edge security measures to provide a seamless experience and uncompromising security. Advanced technology, including facial recognition, biometric scanners, and numerous deterrent systems safeguard every transaction and stored asset.

We do not outsource security. Our on-site security team consists of full-time employees who are commissioned police officers with extensive SWAT experience and military personnel with special forces experience.

Texas is rapidly emerging as a global financial hub, and we are proud to be at the forefront of this transformation. Our clients are choosing Texas over traditional financial centers like New York and Delaware because Texas is a business-friendly jurisdiction with no taxation on precious metals.

Our parent company, Kaspar Companies, was founded in 1898 and is a fifth-generation family-owned Texas business with over 400 employees spread across four locations throughout the state. Through world wars, economic downturns, and numerous presidential administrations, we have maintained a steadfast commitment to conservative business practices that prioritize stability and trust.