Can you check out the RadColorEditor control? It allows for selecting a color from a palette or typing a hex value or RGB values directly.
As for the masked input controls, there isn't an out of the box way to achieve the desired behavior. You would have to convert the entered text and create a Color object, which you can pass to the SelectedColor property of the RadColorPicker.
I hope you find this information helpful. Let me know, if I can be of any further assistance.
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