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 milestone in his career and for the company. This certification, recognized globally as the gold standard in anti-money laundering (AML) certifications, underscores Next Generation's commitment to maintaining a strong compliance program and safeguarding clients' assets.
Wittler, who has been with Next Generation since 2013 and holds other certifications including Certified IRA Services Professional (CISP) and Self-Directed Industry Professional (SDIP), expressed his motivation behind pursuing the CAMS certification. 'Since becoming a compliance manager at Next Generation, I've wanted to learn more about the AML/BSA side of the business. With the resources I have now through this certification, I can make sure that our compliance program at Next Generation is as strong as it can be,' Wittler stated.
ACAMS, the Association of Certified Anti-Money Laundering Specialists, is the largest international membership organization dedicated to combating financial crime. The CAMS certification is designed for professionals handling AML matters at financial institutions, providing them with the knowledge and tools to effectively fight money laundering. Money laundering, a critical issue globally, involves disguising illegally obtained funds to appear legitimate, with estimates suggesting it accounts for nearly 5% of the global GDP.
Jaime Raskulinecz, founder and CEO of Next Generation Services, praised Wittler's achievement, noting its importance in enhancing the firm's ability to protect clients and their assets. 'Bill's CAMS certification gives Next Generation greater resources to protect our clients and the assets over which we have custody,' Raskulinecz said. The firm specializes in providing full account administration services for self-directed retirement plans, allowing investors to diversify their portfolios with alternative assets.
For those interested in exploring self-direction as a retirement wealth-building strategy, more information can be found at https://www.NextGenerationTrust.com. Wittler's achievement not only benefits Next Generation Services but also contributes to the broader fight against financial crime, highlighting the importance of continuous professional development in the compliance and financial sectors.
