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 👇

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.

COM:ALTRUIST

Altruist

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