Next Generation Marks 20 Years of Expanding Alternative Investment Access in Retirement Plans
TL;DR
Self-directed investors have been better positioned to weather economic storms due to their nontraditional investments not being correlated with stock market performance.
Next Generation is a full-service administrator and custodian for self-directed retirement plans, offering a broad array of non-publicly traded alternative assets.
Next Generation's mission is to empower people to invest in alternative assets they understand and want to include in their retirement plans, providing education and service excellence.
Next Generation has grown to approximately $700 million in assets under custody and offers webinars on various alternative investments for self-directed retirement plans.
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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 Great Recession and COVID-19 pandemic. Founded by CEO Jaime Raskulinecz, the company has built its success on enabling individuals to invest in alternative assets within their retirement plans, moving beyond the traditional limitations of stocks, bonds, and mutual funds. Self-directed IRAs administered by Next Generation allow investors to diversify portfolios with non-publicly traded alternative assets including real estate, precious metals, private equity, mortgages, 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. Over two decades, Next Generation has grown to manage approximately $700 million in assets under custody and established Next Generation Trust Company in 2017, a regulated financial institution chartered in South Dakota that provides custodial services and brings account management under one umbrella. Education has been a priority throughout the company's history, with webinars on alternative investments and complimentary educational sessions for investors interested in self-direction as a retirement strategy.
The company is actively involved in several real estate investment associations, reflecting the popularity of real estate among self-directed investors. Professional development is evident in credentials earned by team members, including Self-Directed IRA Professional designations obtained by Raskulinecz and key staff from the Retirement Industry Trust Association in 2020. Next Generation has expanded services beyond its core business to include specialized services for advisors dealing with alternative investments, a platform for automatic rollover accounts and terminating pension plans, and qualified custody services for private funds.
As Next Generation celebrates its 20th anniversary, the company's impact on the self-directed retirement plan industry is clear through its role in helping investors weather economic storms and achieve greater diversification in retirement savings. The company's longevity and growth testify to increasing interest in self-directed retirement plans and alternative investments as more investors seek diversification beyond traditional stocks and bonds. For investors and financial professionals, Next Generation's milestone underscores the importance of considering alternative investment options within retirement planning strategies as the financial landscape evolves. Those interested in learning more about self-direction as a retirement wealth-building strategy can visit https://www.NextGenerationTrust.com for additional information.
Curated from 24-7 Press Release
