Jaime Raskulinecz, CEO of Next Generation Trust Company, has published an article on her firm's website to inform independent, fee-based financial advisors that they can work with her company to enable clients to expand their retirement portfolios through self-directed plans that include a broad array of alternative assets. The article responds to recent changes in the retirement plan industry, particularly an executive order in 2025 by President Trump that allowed alternative assets in employer-sponsored defined contribution plans at the discretion of plan fiduciaries. This has prompted several brokerage firms to permit some alternative assets in 401(k) plans. In early June, Charles Schwab Corp. announced a proprietary platform for investing in cryptocurrency futures and opened dozens of offices for wealth management and registered investment advisors—moves that will directly compete with financial advisors working at the firm.
Raskulinecz noted, "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." Since its founding in 2004, the firm has invited independent advisors to collaborate with Next Generation on behalf of clients seeking to include alternative assets within their retirement plans.
Raskulinecz highlighted several benefits for financial professionals who work with Next Generation: expanding clients' access to real estate, precious metals, private placements, commodities, and many other alternative assets allowed in self-directed IRAs and other plans; the ease of working with a full-service administrator and custodian that handles asset custody, administration, and transaction execution; the ability to maintain valued client relationships and continue 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.
Financial professionals can read the full article at https://shorturl.at/QoiaP and learn more about this arrangement here. Next Generation Trust Company, a custodian of self-directed retirement plans chartered in South Dakota, and its sister firm Next Generation Services provide comprehensive account administration and transaction support. They offer white glove, personalized service to guide clients and their trusted advisors through a seamless transaction experience. For more information, visit www.NextGenerationTrust.com.
