Next Generation Marks 20 Years of Expanding Alternative Investment Access in Retirement Plans

Next Generation, a full-service administrator and custodian for self-directed retirement plans, is commemorating its 20th anniversary in 2024, having guided clients through significant economic challenges including the 2008 Great Recession and COVID-19 pandemic. Founded by CEO Jaime Raskulinecz, the company has grown to manage approximately $700 million in assets under custody by providing a platform that allows individuals to invest in alternative assets within their retirement plans, moving beyond traditional stocks, bonds, and mutual funds.

The company's approach enables investors to diversify portfolios with non-publicly traded alternative assets including real estate, precious metals, private equity, mortgages, secured and unsecured notes, private placements, and royalties. Raskulinecz emphasizes that many investors may not realize they can build tax-advantaged retirement wealth by including these assets within a self-directed IRA, a strategy that has gained traction as investors seek greater portfolio diversification.

In 2017, Raskulinecz established Next Generation Trust Company, a regulated financial institution chartered in South Dakota, to provide custodial services and enhance client convenience by bringing both aspects of account management under one umbrella. This institutional development complemented the company's existing educational initiatives, which include webinars on various alternative investments and complimentary educational sessions for investors interested in learning about self-direction as a retirement strategy.

Education has been a consistent priority throughout Next Generation's history, with the company actively involved in several real estate investment associations reflecting the popularity of real estate among self-directed investors. The company's commitment to professional development was further demonstrated in 2020 when Raskulinecz and several key staff members obtained their Self-Directed IRA Professional designations from the Retirement Industry Trust Association, certifying their expertise in IRA alternative investments, prohibited transactions, and IRA management.

Beyond its core business, Next Generation has expanded services to include specialized offerings for advisors and advisory firms dealing with alternative investments, a platform for automatic rollover accounts and terminating pension plans, and qualified custody services for private funds. These developments reflect the company's evolution alongside the growing self-directed retirement plan industry, where investors increasingly seek ways to diversify portfolios beyond traditional investment vehicles.

The company's longevity and growth serve as testament to increasing interest in self-directed retirement plans and alternative investments, with Next Generation's expertise and services likely to remain in high demand as more investors explore diversification strategies. For investors and financial professionals, Next Generation's 20-year milestone underscores the importance of considering alternative investment options within retirement planning strategies, particularly as financial markets evolve and the ability to include diverse assets in retirement portfolios becomes increasingly valuable for long-term wealth building.

To learn more about self-direction as a retirement wealth-building strategy, interested parties can visit https://www.NextGenerationTrust.com for additional information and resources.