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Next Generation Services' Compliance Manager Achieves Prestigious AML Certification

TL;DR

Bill Wittler's CAMS certification from ACAMS gives Next Generation an advantage in protecting client assets and ensuring strong compliance.

The CAMS certification from ACAMS requires a strong foundation in anti-money laundering (AML)-related issues and is recognized internationally.

The certification makes the world a better place by helping to fight financial crime and protect client assets at Next Generation.

Money laundering involves disguising financial assets for illegal activity, while self-directed IRAs enable investors to diversify their retirement portfolios.

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Next Generation Services' Compliance Manager Achieves Prestigious AML Certification

Bill Wittler, compliance manager at Next Generation Services, has recently earned his certification as a Certified Anti-Money Laundering Specialist (CAMS) from ACAMS, marking a significant achievement in his career and for the company. This certification, recognized globally as the gold standard in anti-money laundering (AML) certifications, underscores the firm's commitment to maintaining a strong compliance program and safeguarding client assets. Wittler, who has been with Next Generation since 2013 and holds additional certifications, expressed his enthusiasm for applying his new knowledge to enhance the company's compliance efforts.

The CAMS certification, offered by ACAMS, the largest international membership organization dedicated to combating financial crime, requires a deep understanding of AML issues. Money laundering, a critical concern worldwide, involves disguising illegally obtained funds to appear legitimate, with estimates suggesting it accounts for nearly 5% of global GDP. Wittler's achievement equips Next Generation with enhanced capabilities to detect and prevent such activities, ensuring the integrity of client investments.

Jaime Raskulinecz, founder and CEO of Next Generation Services, praised Wittler's initiative in pursuing further education to bolster his role in transaction compliance monitoring. The firm specializes in self-directed retirement plans, offering clients the flexibility to invest in a wide range of alternative assets. For more information on self-directed retirement strategies, visit https://www.NextGenerationTrust.com.

This milestone not only reflects Wittler's personal dedication to professional growth but also reinforces Next Generation Services' position as a leader in compliance and client service within the financial services industry. The certification is a testament to the firm's ongoing efforts to stay at the forefront of AML practices and regulatory compliance, ensuring a secure and trustworthy environment for its clients.

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