Next Generation Trust Company, a full-service administrator and asset custodian for self-directed IRAs and other plans, is working with independent fee-based financial advisors to introduce clients to alternative assets. The move comes as leading retail brokerages and financial advice companies have begun expanding access to cryptocurrency futures, signaling a broader shift toward alternative investments. For self-directed investors, however, cryptocurrency and related investments have long been among the many alternative assets they may include in a self-directed IRA. In an article published on the company's website, CEO Jaime Raskulinecz explains why independent fee-based financial advisors are working with her firm to expand clients' access to real estate, precious metals, private placements, and other alternative assets that self-directed IRAs allow.
"We have found that many financial advisors turn clients away from alternative investments because those assets are not in their usual advisory wheelhouse," said Raskulinecz. "However, by working with Next Generation, independent fee-based advisors retain their assets under management, customary fee structure, and valued client relationships without the burden of handling asset custody, administration, and transaction execution. And because we do not offer investment advice, we never compete with advisors."
The arrangement matters because it addresses a common conflict for advisors: clients seeking alternative investments often have to go elsewhere, potentially fragmenting the advisory relationship. By partnering with Next Generation, advisors can keep clients within their practice while offering access to a wider range of assets. Advisors also gain opportunities to diversify their practice and expand their own investment portfolios through increased knowledge about alternative assets. Information about the company's advisory structure is available here.
Next Generation Trust Company is chartered in South Dakota and acts strictly as a neutral, administrative third-party custodian. It does not evaluate, recommend, or endorse any investment product or strategy. Its sister firm, Next Generation Services, provides comprehensive account administration and transaction support. The professionals at Next Generation guide clients and their trusted advisors as part of their white glove, personalized service for a seamless transaction experience from start to finish. They also educate consumers and professionals about self-directed retirement plans and the many alternative assets these plans allow.
Independent fee-based advisors are invited to sign up for emails that provide details about working with the company, as well as education about alternative assets, at www.NextGenerationTrust.com. The development underscores a growing trend of financial advisors seeking ways to accommodate client demand for alternative investments without assuming the operational burdens of custody and administration.
