01 - Plant
Start with $10,000
Open a professionally managed custodial investment account for a child with $10,000.
Longhouse
NextGen
Start investing for a child.
Help a child in your family begin investing with a professionally managed custodial account built for the years ahead.
Start with $10,000A practical first step
Professionally ManagedLonghouse handles the investment decisions
Keep BuildingAdd future gifts when you choose
Built for the Years AheadA long-term approach for a child
Why NextGen Exists
You know you should start. We make the next steps clear.
Parents and grandparents have told us they want to invest for a child, but they are unsure which account fits, where it should be held, or how the investments should be managed.
NextGen gives families a clear path from the first conversation through account opening, funding, and ongoing professional management.
$250,000 Adult MinimumOur standard minimum for adult investment relationships.
$10,000 NextGen StartA much lower entry point created specifically for investing for a child.
Already Helping Kids TodayLonghouse already manages custodial investment accounts for children. NextGen builds on work we are already doing.
Now Easier to StartNextGen formalizes that experience into a dedicated program with a simpler path from interest to account opening.
Plant. Water. Grow.
Plant the seed. Keep watering it. Give it time to grow.
One investment can be the beginning. Start with $10,000, then let future birthdays, holidays, and family gifts keep building the account while each contribution gets its own time in the market.
02 - Water
Keep building
Birthdays, holidays, milestones, and other family gifts can be invested instead of spent, putting more dollars to work for the child.
03 - Grow
Give it time
A child has something every adult investor wishes they had more of: time. Starting earlier gives the account more years in the market before the child reaches adulthood.
Strong roots take time.
Time Matters
Strong roots start early.
You do not plant an oak for next week. You plant it because you are thinking years ahead. Longhouse NextGen brings that same long-term mindset to investing for a child.
1
Start with a strong foundation.
Start the account with $10,000.
2
Keep watering it.
When your family wants to give again, those dollars can go to the investment account too.
3
Give it years, not days.
Longhouse manages the investments with a disciplined, long-term approach.
Built for Families
A financial head start can come from the whole family.
NextGen is for families who want to help a child start investing early and give that money years to work.
ParentsStart investing for your child while they are young.
GrandparentsTurn a gift today into an investment that can stay invested for years.
Aunts & UnclesGive a niece or nephew something that can stay invested long after the toys are gone.
Other Family MembersHelp a child you care about get an early start.
How It Works
Getting started should be simple.
Begin online without scheduling a meeting. Complete the short NextGen intake, continue directly to the secure Interactive Brokers application, fund the account, and Longhouse takes it from there.
1
Complete the NextGen intake
Tell us about you, the child, and the amount you plan to invest through the short Plutio intake.
2
Continue to Interactive Brokers
After the intake, continue directly to the secure account application and complete it online at your own pace.
3
Fund the account
Begin with $10,000. Future gifts or contributions can be invested later.
4
Longhouse manages it
Longhouse manages the investments with a disciplined, long-term approach and keeps the family informed.
Investment Approach
Professionally managed for the long term.
Longhouse manages NextGen accounts with a disciplined, long-term approach. We focus on diversification, broad market exposure, keeping costs in mind, and staying invested through market cycles.
Long-term perspectiveWe invest with the child's long time horizon in mind.
Disciplined managementLonghouse makes and monitors the investment decisions.
Simple for the familyYou can focus on the child while Longhouse handles the day-to-day investment decisions.
Straightforward Pricing
Clear from the beginning.
NextGen accounts are professionally managed under a simple annual advisory fee. We explain the account structure, investment approach, and costs before you open anything.
Annual advisory fee
1.25%Based on the account value
Simple example: If the account stayed at $10,000 for a full year, the advisory fee would be approximately $125 for that year.
Actual fees change with the account value and are governed by the advisory agreement. Investment fund expenses, taxes, and brokerage-related costs may also apply.
Start Here
Ready to open a NextGen account?
Begin with a short online intake, then continue directly to the secure Interactive Brokers application. No meeting is required.
Do not enter Social Security numbers or upload identity documents in the Plutio intake. You will provide sensitive information directly through the secure Interactive Brokers application.
Longhouse NextGen
Begin the NextGen intake
Answer a few basic questions so we can send the correct custodial account application. Most families can complete this step in a few minutes.
Begin NextGen Intake Have questions? Schedule a conversation.
Questions
NextGen FAQ
What is Longhouse NextGen?
Longhouse NextGen helps families open professionally managed custodial investment accounts for children and start investing early.
How much do I need to start?
NextGen begins with a $10,000 investment. Families can make future contributions when it makes sense for them.
What does professional management cost?
The annual advisory fee is 1.25% of the account value. If an account stayed at $10,000 for a full year, that would be approximately $125 for the year. Actual fees vary as the account value changes, and other investment or brokerage-related expenses may apply.
Why is the NextGen starting amount so much lower than Longhouse's adult minimum?
Longhouse's standard minimum for adult investment relationships is $250,000. NextGen was created with a $10,000 starting point so families can begin investing for a child much earlier.
Is NextGen a new program?
The name and dedicated process are new, but the work is not. Longhouse already manages custodial investment accounts for children. NextGen formalizes that experience into a program built to make it easier for more families to get started.
Can grandparents, aunts, uncles, or other relatives participate?
Yes. Parents, grandparents, aunts, uncles, and other family members can use NextGen to invest for a child. We can help determine the appropriate custodian and account registration during setup.
Who owns the money in a custodial account?
Assets contributed to a custodial account are generally an irrevocable gift to the child and become the child's property. The adult custodian manages the account for the child until control transfers at the applicable age under the account terms and governing law.
Can we add money later?
Yes. The $10,000 opening amount does not have to be the last contribution. Birthdays, holidays, milestones, and other family gifts can be invested later, subject to the account terms and any applicable tax or gifting considerations.
How are the investments managed?
Longhouse manages the portfolio using a disciplined, long-term approach focused on diversification, broad market exposure, keeping costs in mind, and staying invested through market cycles.
How is a NextGen custodial account different from a 529 plan?
A custodial brokerage account and a 529 plan have different ownership, control, tax treatment, and rules for using the money. A 529 is designed around qualified education expenses, while custodial-account assets are used for the child's benefit under the applicable rules. One is not automatically better. We can explain the investment account, but families should consult their tax or legal professional about which structure fits their situation.
What happens when the child becomes an adult?
Custodial accounts are ultimately transferred to the beneficiary when the applicable age is reached under the account terms and governing law. We will explain the account structure before it is opened.
Could a custodial account affect financial aid?
Yes. UGMA and UTMA accounts are generally reported as the student's assets on the FAFSA, and the impact depends on the family's circumstances and the rules in effect when aid is requested. Families should speak with a qualified financial-aid or tax professional.
Where is the account held?
NextGen brokerage accounts are custodied at Interactive Brokers LLC. Interactive Brokers LLC is a member of NYSE, FINRA, and SIPC. SIPC protection does not protect against declines in market value.
Does Longhouse provide tax or legal advice?
Longhouse provides investment advisory services. Tax, legal, accounting, estate-planning, and financial-aid questions should be discussed with the appropriate professional for your circumstances.
Are investment returns guaranteed?
No. Investing involves risk, including possible loss of principal. Longhouse manages the investments for the long term, but future results cannot be guaranteed.
For the Next Generation
Plant something today that can grow for years.
Start with $10,000, keep building when it makes sense for your family, and give the investments years to work while Longhouse manages the account.
People Over Profit.
187 Calle Magdalena, Suite 103
Encinitas, CA 92024
(760) 642-1100