As major retail brokerages begin to offer cryptocurrency futures, self-directed investors continue to have broader access to alternative assets through self-directed individual retirement accounts (IRAs). Next Generation Trust Company, a full-service administrator and asset custodian for self-directed IRAs, is working with independent fee-based financial advisors to help their clients invest in real estate, precious metals, private placements, and other alternative assets.
In an article published on the company’s website, CEO Jaime Raskulinecz explained that many financial advisors steer clients away from alternative investments because those assets fall outside their typical advisory scope. However, 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. Raskulinecz emphasized that because Next Generation does not offer investment advice, it never competes with advisors.
The arrangement allows advisors to diversify their practice and expand their own investment knowledge regarding alternative assets. Detailed information about the company’s advisory structure is available here. Independent fee-based advisors can also sign up for emails that provide details about working with the company and education about alternative assets at www.NextGenerationTrust.com.
Next Generation Trust Company is chartered in South Dakota and acts strictly as a neutral, administrative third-party custodian. Its sister firm, Next Generation Services, provides comprehensive account administration and transaction support. The company does not evaluate, recommend, or endorse any investment product or strategy. As alternative assets gain wider attention, the partnership between Next Generation and financial advisors could help more investors access these opportunities within their retirement accounts while preserving the advisor-client relationship.
