Next Generation Trust Company, a full-service administrator and asset custodian for self-directed IRAs, is actively working with independent fee-based financial advisors to introduce their clients to alternative assets such as real estate, precious metals, and private placements. The move comes as traditional brokerages begin expanding access to cryptocurrency futures, but for self-directed investors, alternatives have long been available through self-directed IRAs.
In an article published on the company's website, CEO Jaime Raskulinecz explained that many advisors turn clients away from alternative investments because those assets fall outside their usual advisory expertise. By partnering with Next Generation, independent fee-based advisors can retain their assets under management, customary fee structure, and client relationships without the burden of handling asset custody, administration, and transaction execution. Importantly, because Next Generation does not offer investment advice, it never competes with advisors.
This arrangement matters because it allows advisors to diversify their practice and expand their own knowledge of alternative assets, which can benefit their clients seeking greater portfolio diversification. For clients, it means access to a broader range of investments within a self-directed IRA, a retirement vehicle that permits a wide array of alternative assets. The collaboration also addresses a common pain point: advisors who lack the infrastructure to custody or administer alternative assets can now serve clients who want them without turning them away.
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 company emphasizes personalized, white-glove service and educates consumers and professionals about self-directed retirement plans and the alternative assets they allow.
Advisors interested in learning more about the company's advisory structure can find detailed information in a guide available here. Additionally, independent fee-based advisors are invited to sign up for emails that provide details about working with the company and education about alternative assets at www.NextGenerationTrust.com.
The implications of this announcement are significant for the financial advisory industry. As more investors seek diversification beyond traditional stocks and bonds, the ability to offer alternative assets within retirement accounts becomes a competitive advantage. By removing administrative hurdles and preserving the advisor-client relationship, Next Generation enables advisors to meet client demand without sacrificing their business model. This could lead to wider adoption of self-directed IRAs and alternative assets among mainstream investors, further blurring the lines between traditional and alternative investment strategies.
