The modern custodian for RIAs. 

Build the best version of your firm when you partner with a custodian that brings together critical RIA technology and great customer service.

With intuitive software for account opening, trading, reporting, and billing bundled into a streamlined solution, advisors of all sizes are empowered to run the practice they envisioned.

Get started for free and join over 1,800 independent advisors at altruist.com 

Altruist Financial LLC, Member FINRA/SIPC

Bossanova Investimentos

Endeavor Catalyst

Venrock

Vanguard

Insight Partners

Declaration Partners

Adams Street Partners

William McNabb

Marty Bicknell

Rex Salisbury

Ron Carson

Altruist

💥 We’ve got exciting news to share today! We've raised a new $112M Series D round of funding led by Insight Partners and Adams Street, with support from existing investors. 

In the last year, Altruist has grown revenue by 1,700% and has become the third largest custodian in the U.S. by a number of RIA firms behind Schwab and Fidelity. We couldn't have done it without the support of our investors, incredible partners like Wealthbox and RightCapital, and, most importantly, our customers.

We're excited to put this cash to work to expand our offerings and help RIAs of every size and scale deliver great, independent financial advice to more people. Read more about it below.

https://lnkd.in/gqYTruAS

Meet Sean Janas, CFP®, Sales Executive at Altruist. 

Read below for his employee spotlight 👇

Q: What's one aspect of your role that really energizes you while at work?

A: It's a great feeling when I'm going through a platform demo, and the advisor has a moment of pause. It generally happens after seeing how easy it is to open and fund an account. In a matter of seconds, I experience the advisor's disbelief (it can't be that easy), followed by relief (this will give me so much time back), to excitement (what else is possible?). The rapport I build with advisors from these conversations is a constant source of energy.

Q: What are you most proud of achieving in your time here?

A: I'm proud to have been an early member of the CS team that helped build the foundation for how we interact with and support our advisors today. I'm now in my third role at Altruist, and I've been fortunate to partner with many of our most successful users through the entire client journey.

Q: What aspect of our company culture do you appreciate the most?

A: I appreciate being surrounded by brilliance and how well my colleagues live out our core values. Altruist is a collection of the most creative and talented people, and I've been thankful for opportunities to collaborate with and learn from so many of them.

Ready to join our team of incredible individuals like Sean?

Check out our open roles: https://lnkd.in/dQNQapB

Are you considering breaking away and starting your own firm? 

Join us for a webinar with Wealthbox as we dive into the best practices every breakaway advisor should consider when going out on their own.

Christine Miller, CFP®, Altruist's Sales Director, will be joining Chris Kopanski, Wealthbox's Sr. Product Specialist, and they will share: 

1️⃣ How advisors know when the time is right to break away. 

2️⃣ A basic tech overview of what every breakaway advisor needs to be set up for success.

3️⃣ How advisors can use CRM features like workflows and templates to streamline daily processes and open their schedules for other needs.

4️⃣ How Altruist's RIA launch kit can get advisors up and running in 6 months or less.

Register now.

https://lnkd.in/dty7yxGU

Based on January inquiries it seems every RIA in the US with $100m to $1b of assets wants switch to or add Altruist as a custodian. 😁 T3 Technology Tools for Today survey results seem to reconcile with that...
#1 self clearing RIA custodian
#1 alternative to Schwab
#1 option RIAs as considering switching to or adding in 2024

January is coming to an end, and we’ve got a few updates + new content to share. 

Read below 👇


⚡ More new account types 

We’ve added Minor IRA and Minor Roth IRA account types to our platform, as well as accounts for Non-profit organizations. 

⚡ Make your transition to Altruist easier with our new fee billing CSV ingestion workflow. 

Simply export a CSV from your current billing system (e.g., Black Diamond, Advyzon, Orion) and upload it to Altruist for quick processing.

⚡ Americans spend a significant portion of their lifetime earnings on taxes. 

Effective tax management strategies can substantially enhance after-tax investment returns. 

We've got a new blog post that can help. 

⚡ The most economically successful firms prioritize tech-empowered support staff.

There's simple ways to do this with AI-backed support. 

Learn how in our latest blog post linked in the newsletter. 

⚡ There's a lot to consider when breaking away as an advisor. 

Join Altruist and Wealthbox for a webinar as we dive into the best practices every breakaway advisor should be considering when going out on their own.

Register here: https://lnkd.in/dty7yxGU 
 
Want to learn more about what we’re up to? Check out our newsletter for the full scoop. 

https://lnkd.in/dviURUHF

The T3 Technology Tools for Today survey revealed a dynamic shift among Schwab RIA custody clients.

RIAs looking for change, Altruist was named as the top custodian advisors are considering switching to 🔥

Read more about it from Andrew Foerch at Citywire. 

https://lnkd.in/gV4Zhc7C

We're honored to be named the #1 custodian advisors consider switching to and to score high on satisfaction in the T3 survey.

These results reflect our commitment to serving advisors and driving positive change in the industry.

Our latest blog provides insights into our remarkable performance and why we're the top choice for advisors. 

Read below👇
https://lnkd.in/gjyp59M6

The T3 Technology Tools for Today survey results are in! Altruist was named as the top custodian advisors are considering switching to. 🤝 

And we scored big on satisfaction + named a software all-star. 🙏 

RIAs looking for a change, your #1 option is here.

Talk to us, we'd love to chat: https://lnkd.in/dTspVUrw 

Disclaimer: the survey can be found here—https://lnkd.in/g7Vx2FNG

On this episode of #TheAdvisorJourney, Jason Wenk, and Dasarte Yarnway dive into the 3 big predictions for 2024 and the power of thinking big while operating small. 

Listen now below on Spotify and Apple. 

Spotify: https://lnkd.in/gqjKxZsP 

Apple: https://lnkd.in/gQ4EWbYE

Couldn't have said it better ourselves. 

We're changing the future of custody as the only modern custodian built exclusively for RIAs. 

Read more below 👇

Upstream Investment Partners LLC is a financial services company providing investment solutions and services.

Upstream Investment Partners LLC

Charles Schwab and TD Ameritrade are financial services companies offering a range of investment and wealth management services.

Charles Schwab/TD Ameritrade

Betterment is a fintech company providing automated investment and wealth management services.

Betterment

TD Ameritrade is a financial services company offering brokerage and investment services.

TD Ameritrade

Altruist is on a mission to make independent financial advice better, more affordable, and accessible. Their software makes advisors more efficient and gives them the freedom to charge less, resulting in clients paying less, making more, and gaining financial confidence.

Director of Product Management

Senior Product Manager

Director - Strategic Brokerage Services

Sr. Product Manager

Product Manager

Director of Operations- Margin

Margin Manager

Director of Product Management at Altruist

Clay Mullin

Owner

Owner, Altruist

Candy Lee

Senior Director of Clearing Operations

Director of Operations

Senior Manager of Options clearance and Purchase & Sales

Clearing Operations Manager (Options)

Vice President, Trading

Associate Vice President, Trading

Supervisory Manager

Brokerage Operations Team Lead

Equity Services: Senior Securities Operations Associate Register Principal

Brokerage Operations Associate: II

Equity Services: Suitability associate

Senior Director of Clearing Operations at Altruist

David Junker

Head of Brokerage Finance and FINOP

CFO / Designated FINOP

Senior Manager

CFO / FINOP

Jason Geringer

Chief Product Officer

VP Product Management

Head of Product

Investment Banking Associate

Chief Product Officer at Altruist

Harpreet Ahluwalia

Director, People

Sr. People Operations Manager

Director, People Operations

People Operations Manager

People Operations Coordinator

Account Manager

Mathematics Teacher

2013 Corps Member, Secondary Mathematics Teacher

People and culture at Altruist

Nanea Fujiyama

Director, Workplace Operations

Sr. Manager, Workplace & Employee Experience

People & Operations Manager

Operations Manager/HR

Personnel Manager

General Manager

Director, Workplace Operations at Altruist

Ryan Wenk

Associate Director, Education

Manager, Employee Development & Enablement

Lead, Employee Development & Enablement

Director of Talent & Development

Learning & Development Manager

Field Enablement & Development Manager

Leadership & Organizational Development Specialist

Communications Manager

Communications Specialist

Communications, Training, and Development

Jenn Stinnett

Anupama Shah

Director Of Compliance

Advertising Compliance Officer

Sr. Analyst, Ad Review

Sr. Analyst, Advertising Review

Compliance Officer

Team Lead, OSJ Supervision

OSJ Supervision Specialist

Senior Advertising Analyst

Advertising Analyst

Senior Compliance Associate

Director of Compliance at Altruist

Torie Y.

Head Of Compliance

Chief Compliance Officer

Chief Risk and Compliance Officer

Director of Compliance

Head Of Compliance at Altruist

Herbert Walton

Head of Client Development and Chief of Staff

Chief Of Staff

Manager

Senior Consultant

Summer Associate

Chief of Staff, Europe

Operations Supervisor, Institutional Investor Group

Vanguard Accelerated Development Program

Head of Client Development and Chief Of Staff at Altruist

Nick Hamada

Director of Software Engineering

Michael Byram

Senior Talent Acquisition Partner

Senior Technical Recruiter

Talent Acquisition Manager

Sr. Technical Recruiter (contract)

Sr. Client & Talent Manager

Senior Talent Acquisition Partner at Altruist

Dillon Stites

Head of Market Data Services

Director, Market Data

Senior Product Owner

Partner

Director, Finance, Market Data and Special Projects

Manager, Special Projects

FinTech - Strategic Planning - Financial Ops - Program Management - Market Data Services

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financial statements	filings
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industry analysis	company_analysis
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financial legal advisories	company_analysis
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swot analysis	company_analysis
financial analysis	company_analysis
purchaser profile	merger_acquisitions
customer profile	customers

COM:ALTRUIST

Altruist