First time getting into Palladium, thoughts on allocation?

• •I've had a solid gold allocation for years, just part of my personal stash, not in an IRA.
• •But the talk around palladium lately has me intrigued.
• •This would be my first actual precious metals IRA, so I'm trying to get my head around the specifics.

Alright, so I’ve been sitting on a good chunk of cash I freed up from some recent hedge fund restructuring – think high seven figures, most of it allocated already, but I want to diversify further. I've had a solid gold allocation for years, just part of my personal stash, not in an IRA. But the talk around palladium lately has me intrigued. Thinking about finally pulling the trigger on a Palladium IRA for maybe 3-5% of my total portfolio, which for me, means a decent chunk of change – in the mid to high six figures. This would be my first actual precious metals IRA, so I'm trying to get my head around the specifics.

My concern is less about the "if" and more about the "how much" and the timing. Palladium has seen some wild swings, obviously, but the industrial demand combined with potential supply constraints still feels like a compelling narrative for a long-term hold. Anyone else here in a similar boat, shifting some exposure from traditional assets into palladium, or even gold for that matter? I’m in Greenwich, so I've got my pick of advisors, but I like hearing from actual people who have their own money on the line.

For those of you who have set up a Palladium IRA, what was your initial allocation percentage, and looking back, would you change it? Did you dollar-cost average in, or just make a lump sum purchase? My gut instinct is to DCA given the volatility, but with the current market, a lump sum feels like it could also pay off if things trend upwards. Also, any thoughts on particular custodians that are more palladium-friendly? I've been doing some general research, and the Learning Center has actually been a pretty solid resource for understanding the different IRS guidelines for acceptable metals, but I’d appreciate some real-world experiences specific to palladium.

Seriously, any advice on pitfalls to avoid or best practices for a first-timer would be hugely appreciated. I'm talking actual implementation, not just the high-level financial theory. Thanks in advance!