Next Generation Trust Company, a self-directed retirement plan custodian, is reaching out to independent financial advisors to broaden clients' retirement options with alternative assets. In a recent article published on the firm's website, CEO Jaime Raskulinecz explains how advisors can leverage Next Generation's services to include assets such as real estate, precious metals, private placements, and commodities in retirement accounts.
The article responds to recent shifts in the retirement plan industry, including a 2025 executive order by President Trump allowing alternative assets in employer-sponsored defined contribution plans at the discretion of plan fiduciaries. This has led brokerage firms like Charles Schwab Corp. to offer platforms for cryptocurrency futures and open wealth management offices, potentially competing with independent advisors. Raskulinecz notes that while some brokerages are greenlighting alternatives, many advisors may lack experience with nontraditional investments and could turn clients away.
Next Generation Trust Company, founded in 2004, has long invited independent advisors to collaborate on behalf of clients seeking alternative assets within retirement plans. Benefits for advisors include expanding clients' access to a wide range of alternative assets, ease of working with a full-service administrator and custodian that handles asset custody, administration, and transaction execution, maintaining client relationships and billing 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.
The full article can be read at https://shorturl.at/QoiaP. Financial professionals can learn more about this arrangement here.
