Next Generation Trust Company, a custodian of self-directed retirement plans, is reaching out to independent, fee-based financial advisors to collaborate on expanding clients' retirement portfolios with alternative assets. CEO Jaime Raskulinecz published an article on the firm's website highlighting how advisors can work with Next Generation to include assets such as real estate, precious metals, private placements, and commodities in self-directed IRAs and other plans.
The initiative follows an executive order in 2025 by President Trump allowing alternative assets in employer-sponsored defined contribution plans, based on plan fiduciaries' judgment. This has prompted several brokerage firms to include some alternative assets in 401(k) plans. In early June, Charles Schwab Corp. announced a proprietary platform for cryptocurrency futures and the opening of dozens of offices for wealth management and registered investment advisors, moves that will compete directly with independent financial advisors.
Raskulinecz noted, "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."
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 a wide range of alternative assets, ease of working with a full-service administrator and custodian, maintaining valued client relationships, and enhancing 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 learn more about this arrangement here.
Next Generation Trust Company is chartered in South Dakota, with its sister firm Next Generation Services providing comprehensive account administration and transaction support. The firm offers white-glove, personalized service to guide clients and their trusted advisors through a seamless transaction experience, and educates consumers and professionals about self-directed retirement plans and alternative assets. For more information, visit www.NextGenerationTrust.com.
