Next Generation Trust Company, a custodian of self-directed retirement plans, has announced a strategic partnership with KJLK & Co., LLC, to provide accredited investors with access to the Square One Fund platform, a diversified private investment vehicle. The collaboration aims to enable investors to incorporate alternative assets into their retirement portfolios, leveraging the benefits of self-directed IRAs.
The Square One Fund operates as a dual-track private investment platform under Sections 3(c)(1) and 3(c)(7) of the Investment Company Act of 1940, allocating capital across private equity, venture capital, private credit, hedge fund strategies, real estate, and infrastructure. By utilizing parallel fund structures, the platform accommodates both qualified purchasers and accredited investors, offering streamlined access to a professionally managed ecosystem of alternative strategies.
Jaime Raskulinecz, CEO of Next Generation Trust Company, emphasized the importance of the partnership, stating, "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." Investors can participate by opening a self-directed account with Next Generation and deploying retirement assets to subscribe for a limited partnership interest in the fund, subject to mandatory verification as a Rule 506(c) offering.
Joseph LaTurner, principal of KJLK & Co., highlighted the fund's value-oriented approach: "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 also noted that the fund offers greater redemption flexibility than many comparable private funds.
The partnership responds to growing interest from registered investment advisors (RIAs) seeking to incorporate private market exposure for their high-net-worth clients. LaTurner explained that RIAs have inquired about the fund, and the self-directed IRA structure allows clients to seamlessly capture non-correlated alternative asset exposure. Raskulinecz added, "We invite independent fee-based financial advisors to work with us and expand their clients' access to alternative assets while also 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."
For more information about Next Generation Trust Company and the alternative assets available through self-direction, visit NextGenerationTrust.com. To learn more about KJLK & Co. and the Square One Fund, visit convictionfunds.com.
