Next Generation Trust Company, a custodian of self-directed retirement plans, has published an article encouraging independent, fee-based financial advisors to partner with the firm to enable clients to include alternative assets in their retirement portfolios. The article, authored by CEO Jaime Raskulinecz, highlights that advisors can leverage Next Generation's expertise to broaden clients' investment options beyond traditional stocks and bonds.
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 prompted brokerage firms like Charles Schwab Corp. to permit some alternatives, such as cryptocurrency futures, in 401(k) plans. However, many financial advisors may lack experience with nontraditional investments, potentially turning clients away. Raskulinecz stated, "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, invites advisors to collaborate on behalf of clients seeking alternative assets within retirement plans. Benefits include expanding clients' access to real estate, precious metals, private placements, commodities, and more; ease of working with a full-service administrator and custodian handling asset custody, administration, and transaction execution; maintaining valued client relationships and continuing billing on assets held by Next Generation; and opportunities to enhance advisor income through expanded client investments. Raskulinecz emphasized, "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."
The full article is available at https://shorturl.at/QoiaP. Financial professionals can learn more about this arrangement here. Next Generation Trust Company, chartered in South Dakota, and its sister firm Next Generation Services provide comprehensive account administration and transaction support, guiding clients and their advisors through a seamless experience.
