Altruist

Altruist is a financial technology company that offers a digital investment and custodial platform specifically for Registered Investment Advisors (RIAs) and fiduciary financial advisors. The company aims to enhance financial advice by simplifying essential workflows such as onboarding, funding, trading, portfolio management, billing, and reporting. The platform provides a range of services, including digital custody and clearing for client assets, advisor workflow automation to reduce paperwork, and built-in portfolio management tools. Altruist also generates dynamic client performance reports and offers a flexible fee billing system. Additionally, it features an AI assistant named Hazel to improve daily efficiency and integrates securely with existing technology stacks used by advisors. Altruist supports over 5,000 financial advisors, focusing on delivering better client outcomes and transparent pricing. Founded by Jason Wenk, Altruist is committed to long-term growth and continuous product development. The company has made significant strides in the industry, including acquiring Shareholder Services Group and completing a successful Series D funding round. Altruist also engages with the community through educational initiatives and events.