Next Generation Trust Company is reaching out to independent, fee-based financial advisors to broaden clients' retirement planning options through self-directed accounts that include alternative assets. In a recent article published on the company's website, CEO Jaime Raskulinecz explains how advisors can work with Next Generation to enable clients to invest in assets beyond traditional stocks and bonds, such as real estate, precious metals, private placements, and commodities.
The move comes amid changes in the retirement plan industry following a 2025 executive order by President Trump that allowed alternative assets in employer-sponsored defined contribution plans, based on plan fiduciaries' judgment. This has prompted several brokerage firms to permit some alternative assets in 401(k) plans. In early June, Charles Schwab Corp. announced a proprietary platform for investing in cryptocurrency futures and the opening of dozens of offices for wealth management and registered investment advisors—a move that could directly compete with financial advisors working at the firm.
"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 interested in including alternative assets in their retirement plans. The firm highlights several benefits for advisors: expanding clients' access to a wide range of alternative assets allowed in self-directed IRAs, ease of working with a full-service administrator and custodian that handles asset custody, administration, and transaction execution, maintaining valued client relationships and continuing to bill on assets held by Next Generation, and 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 shorturl.at/QoiaP and learn more about this arrangement here.
