Next Generation Trust Company, a custodian of self-directed retirement plans, is reaching out to independent, fee-based financial advisors to help their clients diversify retirement portfolios with alternative assets. In an article published on the firm's website, CEO Jaime Raskulinecz explains how advisors can work with Next Generation to expand clients' investment options beyond traditional stocks and bonds.
The initiative responds to recent shifts in the retirement plan industry, particularly after a 2025 executive order by President Trump that permitted alternative assets in employer-sponsored defined contribution plans, subject to plan fiduciaries' judgment. Following this, several brokerage firms, including Charles Schwab Corp., have begun allowing some alternative assets in 401(k) plans. Schwab's announcement in early June of a proprietary platform for cryptocurrency futures and the opening of dozens of wealth management offices positions the firm in direct competition with independent financial advisors.
“Although brokerage firms are greenlighting some alternatives like cryptocurrency, many financial advisors may be turning clients away from nontraditional investments because they don't have experience with or in-depth knowledge of those assets. 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,” said Raskulinecz.
Next Generation Trust Company, founded in 2004, has long invited independent advisors to collaborate on behalf of clients seeking alternative assets in retirement plans. Key benefits include expanding clients' access to real estate, precious metals, private placements, commodities, and other assets permitted in self-directed IRAs. The firm provides full-service administration and custody, handling asset custody, administration, and transaction execution, allowing advisors to maintain client relationships and continue billing on assets held by Next Generation. This arrangement also offers opportunities to enhance advisor income through expanded 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,” said Raskulinecz.
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, serves as a custodian for self-directed retirement plans, while its sister firm, Next Generation Services, provides comprehensive account administration and transaction support. The neutral third-party professionals at Next Generation offer white-glove, personalized service to guide clients and their trusted advisors through a seamless transaction experience. They also educate consumers and professionals about self-directed retirement plans and the various alternative assets these plans allow. For more information, visit www.NextGenerationTrust.com.
