Custodian recs for physical silver, especially if you're
- •Okay, so I've been with the same IRA custodian for my Gold IRA since I rolled over a chunk of my inheritance into it about five years back.
- •Not terrible, not amazing.
- •But I'm starting to think about diversifying a bit more into physical silver – specifically some of the larger bars, like 100oz or even kilo bars.
Okay, so I've been with the same IRA custodian for my Gold IRA since I rolled over a chunk of my inheritance into it about five years back. They've been… fine. Not terrible, not amazing. But I'm starting to think about diversifying a bit more into physical silver – specifically some of the larger bars, like 100oz or even kilo bars. My current custodian's fees for silver storage seem a little higher than I'd like, and frankly, their communication has been a bit sluggish lately, especially when I was asking about the distribution process for when my folks start taking theirs (though I'm still a ways off from that myself).
My portfolio is sitting around the high end of $400k right now, mostly gold with about 10% in silver already, but it's all allocated. I'm based out of Spokane, and while I know most of this is handled remotely, I'm just curious if there are custodians out there who are particularly well-regarded for their physical silver services. I'm thinking about future distributions too; my parents are already taking theirs from their IRAs, and it's got me looking ahead. I want to make sure whoever I go with has a smooth, transparent process for when it comes to taking actual physical possession, not just liquidating. I don't want to get hit with unexpected hoops to jump through when that time comes.
Has anyone here had particularly good (or bad) experiences with specific custodians for large-scale physical silver holdings? What were their fee structures like? Any horror stories or glowing recommendations, especially around the distribution side of things? I'm trying to be proactive because the last thing I want is a headache down the line. Appreciate any insights!