Next Generation Wealth Planning, LLC

Next Generation Wealth Planning serves individual clients (including both high-net-worth and non-HNW households) as well as less common client types for a solo independent adviser — banking or thrift institutions, pension and profit-sharing plans, and charitable organizations — offering asset management (wrap and non-wrap Advisor Managed Portfolios), financial planning, legacy planning, and a structured non-profit consulting practice (planned giving, grant acquisition, outsourced CFO services). The firm also provides diagnostic planning and implementation services and offers optional third‑party manager programs and SEI/AssetMark‑based asset allocation solutions.

The firm operates largely on a non‑discretionary basis, reporting roughly $52.25 million of non‑discretionary assets across client accounts and no discretionary AUM as of the most recent filing, and typically works by recommending independent managers and platforms while requiring client authorization for trades and implementation. Its client intake and planning process includes an initial screening, recorded audio interviews described as “priceless conversations,” a diagnostic phase with financial projections, and annual reviews after implementation.

What distinguishes the firm from many peers is its explicit nonprofit and institutional focus paired with boutique advisory services: it maintains a dedicated non‑profit consulting program (with a $20,000 threshold for full services), offers legacy planning that includes recorded life interviews and family heritage work, and has professional credentials oriented to philanthropy. The adviser is dually registered for broker‑dealer and insurance activities and discloses potential compensation conflicts (commissions, trail fees) when clients implement recommendations outside the advisory fee arrangement.