Next Generation Trust Company, a custodian of self-directed retirement plans, is reaching out to independent financial advisors to help clients diversify their retirement portfolios beyond traditional stocks and bonds. In a recent article published on the company's website, CEO Jaime Raskulinecz highlights how advisors can work with Next Generation to incorporate alternative assets such as real estate, precious metals, private placements, and commodities into clients' self-directed IRAs and other retirement plans.
The initiative responds to recent shifts in the retirement plan industry, including a 2025 executive order by President Trump that permits alternative assets in employer-sponsored defined contribution plans at the discretion of plan fiduciaries. Following this, several brokerage firms, including Charles Schwab Corp., have begun allowing certain alternative assets, like cryptocurrency futures, in 401(k) plans. Schwab also announced plans to open dozens of offices for wealth management and registered investment advisors, potentially competing directly with independent advisors.
Raskulinecz notes that while some brokerages are embracing alternatives, many financial advisors may lack the expertise to guide clients in these nontraditional investments. "That's why we encourage independent, fee-based advisors to work with Next Generation and help their clients diversify their portfolios with a trusted resource," she said. The company, founded in 2004, offers a full-service solution, handling custody, administration, and transaction execution for a variety of alternative assets.
Key benefits for advisors partnering with Next Generation include expanding clients' access to a wide range of alternative assets, maintaining client relationships and billing on assets held by Next Generation, and enhancing advisor income through increased client investments. "We are never in competition with financial advisors and look forward to showing more professionals how Next Generation's advisory structure enhances their practice, with the potential to boost their own revenue stream," Raskulinecz added.
Financial professionals can read the full article at this link and learn more about the arrangement here. Next Generation Trust Company, chartered in South Dakota, and its sister firm Next Generation Services provide comprehensive account administration and transaction support, guiding clients and their advisors through a seamless process.
