Altruist
Altruist is a modern custodian that offers a digital investment platform for financial advisors to manage their clients' investments.
About Altruist
Altruist offers a digital platform designed to support independent financial advisors in managing their practices. The company provides integrated tools for account opening, trading, portfolio reporting, and billing within a unified system. Its services include commission-free fractional share trading, a model marketplace for investment strategies, and automated portfolio rebalancing. Altruist also offers features such as digital account funding, customizable fee billing, and performance reporting to streamline advisors' operations. The platform aims to simplify the technology stack for advisors, enabling them to focus more on client engagement and business growth. Additionally, Altruist provides resources like the RIA Launch Kit and Custodian Buyer's Guide to assist advisors in establishing and scaling their firms. The company is backed by investors including Venrock, Vanguard, and Insight Partners.
Company Facts
- Headquarters
- Culver City
- Operating Status
- active
- Company Type
- for_profit
- IPO Status
- private
- Employees
- c_00101_00250
- Funding Stage
- late_stage_venture
- Total Funding
- $601,500,000
- Last Funding Type
- series_f
- Last Funding Date
- 2025-04-22
- Website
- altruist.com
Industries & Categories
Asset Management, Financial Services, FinTech
Social Links
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