Next Generation Investing, Llc
- Regulatory AUM
- $128M
- Discretionary
- $128M
- Clients
- 245
- Avg AUM / client
- $522K
- Accounts
- 250
- Employees
- 3
AUM over time
Annual snapshots from Form ADV filings · as of Sep 12, 2023
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 130 | $47.0M | 36.7% |
| High net worth individuals | 115 | $79.0M | 61.7% |
| Charitable organizations | Fewer than 5 clients | $1.0M | 0.78% |
| Corporations and other businesses | Fewer than 5 clients | $1.0M | 0.78% |
People (3)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Roger Wayne Shumaker | Member | Jan 2009 (18y) | 50% – 75% | |
| Ryan Wayne Shumaker | Cco | Jan 2009 (18y) | 25% – 50% | |
| Joel Parker Kasten | Registered representative | Feb 2023 (3y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 09/12/2023 | 1.15 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
- • Educational seminars/workshops
Custody
Reported custodians
- Folio Investments, Inc. $127M (99% of AUM) Sep 2023
- Security Benefit $28.5M (22% of AUM) Sep 2023
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Sep 12, 2023.
View current Form ADV (SEC/IAPD) ↗