Custodian hunt for my Palladium IRA - who do you guys use?
- •Alright, so I’m looking to diversify a chunk of my retirement savings and after a lot of research, I’m pretty set on adding palladium to my IRA.
- •I’ve already got a good bit in gold and silver, but the palladium market looks interesting right now.
- •My financial advisor even gave it a nod, though he's more of a traditional equities guy.
Alright, so I’m looking to diversify a chunk of my retirement savings and after a lot of research, I’m pretty set on adding palladium to my IRA. I’ve already got a good bit in gold and silver, but the palladium market looks interesting right now. My financial advisor even gave it a nod, though he's more of a traditional equities guy.
My Gold IRA is with Augusta Precious Metals and they’ve been great for that, but it seems like not all custodians are created equal when it comes to palladium specifically. I’m especially keen on finding someone reputable who deals with the actual physical metal, not some ETF. Being in Cleveland, I definitely appreciate the tangibility of hard assets. We literally build things here, so the idea of owning something real really resonates.
I'm probably looking to allocate around $50k-$75k of my portfolio into palladium to start. For those of you who have palladium IRAs, who are you using as a custodian? What’s been your experience with their fees, storage options, and overall customer service? Are there any hidden gotchas I should be aware of? I want to make sure I'm not just jumping at the first option that pops up.
Any and all recommendations or warnings would be super helpful. Trying to avoid any headaches down the line with this next leg of my diversification journey.