Next Generation Trust Company, a custodian of self-directed retirement plans, has announced a strategic partnership with KJLK & Co., LLC, a firm specializing in institutional-grade investment management and proprietary quantitative research. The collaboration aims to provide accredited investors with self-directed IRAs at Next Generation access to the Square One Fund platform, a dual-track private investment vehicle that allocates capital across a diversified group of vetted underlying managers in private equity, venture capital, private credit, hedge fund strategies, real estate, and infrastructure.
Jaime Raskulinecz, CEO of Next Generation Trust Company, emphasized the significance of this partnership for her clients: "This strategic partnership allows our accredited investor clients to diversify their retirement investments via high-value alternative assets using funds from their Next Generation IRA, embedding a broadly diversified product into their overall portfolio." The firm offers full account administration and asset custody for self-directed IRAs and other self-directed plans.
To participate, eligible individual investors must open and fund a self-directed account with Next Generation, then deploy retirement assets to subscribe for a limited partnership interest in the fund. As a Rule 506(c) offering, all investors' statuses are subject to mandatory independent third-party verification. This structure ensures compliance with securities regulations while providing streamlined access to alternative strategies through a single, professionally managed ecosystem.
Joseph LaTurner, principal of KJLK & Co., explained the value proposition of Square One Fund: "Square One Fund provides access to alternative strategies and private markets in a structure that systematically addresses the general lack of liquidity and the heavy due diligence burdens individual investors typically face. Our team consistently compares intrinsic value against cost, adhering strictly to our value-oriented investment philosophy, principles and fundamentals regardless of broader market cycles." He highlighted that the fund offers greater redemption flexibility than many comparable private funds, which is a critical advantage for investors seeking liquidity in private markets.
LaTurner selected Next Generation as the strategic partner due to Raskulinecz's entrepreneurial spirit and the team's ability to think differently about investing. "Their operational flexibility reflects positively on what we do on the quantitative and portfolio management side," he noted. Next Generation Trust Company is officially featured under "Products" on the KJLK website as the preferred self-directed IRA custodian for its alternative strategy and private market products.
The partnership also addresses the growing interest from registered investment advisors (RIAs) on behalf of their high-net-worth clients. LaTurner mentioned that many RIAs have inquired about the fund, highlighting how these clients can benefit from utilizing a self-directed IRA to seamlessly capture non-correlated alternative asset exposure. Raskulinecz echoed this sentiment, inviting independent fee-based financial advisors to work with Next Generation to expand their clients' access to alternative assets while enhancing their own investment knowledge. "When their clients open a self-directed IRA at Next Generation, those advisors retain the client relationship and assets under management, and continue collecting their customary fees while helping their clients build a more eclectic portfolio through the many nontraditional investments self-direction allows," she said.
For more information about Next Generation Trust Company and the many alternative assets allowed through self-direction, interested parties can visit NextGenerationTrust.com. To learn more about KJLK & Co. and its Square One Fund, visit convictionfunds.com. Square One Fund, LP is offered pursuant to Rule 506(c) of Regulation D under the Securities Act of 1933. This release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security.
