Next Generation Trust Company, a leading custodian of self-directed retirement plans, has announced a strategic partnership with KJLK & Co., LLC, a move that will provide accredited investors with access to the Square One Fund platform. This collaboration aims to integrate alternative investments into self-directed IRAs, offering a diversified approach to retirement savings.
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," she said. The firm provides full account administration and asset custody for self-directed IRAs and other self-directed plans.
The Square One Fund, operated by KJLK & Co., is a dual-track private investment platform that uses parallel fund structures under Sections 3(c)(1) and 3(c)(7) of the Investment Company Act of 1940. It allocates capital across a diversified group of carefully vetted underlying managers, spanning private equity, venture capital, private credit, hedge fund strategies, real estate, and infrastructure. This structure allows KJLK to accommodate both qualified purchasers through its main fund and accredited investors via a dedicated parallel feeder vehicle, providing streamlined access to alternative strategies through a single, professionally managed ecosystem.
Joseph LaTurner, principal of KJLK & Co., explained the value proposition of the 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," he said. "Our team consistently compares intrinsic value against cost, adhering strictly to our value-oriented investment philosophy, principles and fundamentals regardless of broader market cycles. This disciplined approach delivers strong long-term benefit to our partners, structured with greater redemption flexibility than many comparable private funds."
LaTurner highlighted why KJLK selected Next Generation as its strategic partner, citing 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 added. 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 extends to independent fee-based financial advisors. Raskulinecz noted, "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 through the many nontraditional investments self-direction allows."
Eligible investors must open and fund a self-directed account with Next Generation and 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 ensures compliance with securities regulations.
For more information about Next Generation Trust Company and the alternative assets allowed through self-direction, visit NextGenerationTrust.com. To learn more about KJLK & Co. and its Square One Fund, visit convictionfunds.com.
