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Private Wealth Daily
custodian

Altruist

CULVER CITY, CA
See the full tech profile in the PWD Tech Directory →
Hiring · 26 open roles →
CRD: 299398
In network coverage since October 6, 2026 · 16+ stories
Regulatory AUMSEC Form ADV · Oct 24
348EmployeesForm ADV
15Deals on our tracker
Regulatory AUM · Aug 16 – Oct 24
Deal recordFull tracker →
Oct 5, 26Fund launchEndaoment — coverage
Oct 5, 26Deal talkVanguard Group — coverage
Oct 5, 26Fund launchEndaoment — coverage
Sep 24, 26Fund launchMonark Capital Management — coverage
Sep 23, 26Fund launch — coverage
Sep 20, 26Deal closedVanguard Group — coverage
Sep 20, 26Deal closedVanguard Group — coverage
Sep 20, 26Deal closedVanguard Group — coverage
Sep 2, 26Fund launch · $3.6K — coverage
Sep 1, 26Deal announcedVanguard Group — coverage
Sep 1, 26Deal announcedVanguard Group · $4.6B — coverage
Sep 1, 26Deal announcedVanguard Group — coverage
Sep 1, 26Deal announcedVanguard Group — coverage
Aug 31, 26Fund launch — coverage
Aug 31, 26Fund launch — coverage
Network coverage
Features

Client cash moving to T-bills is a custody contract fight

Clients put $6.2 billion into the muni ETF and $5 billion into three-month bills in 30 days. That is a sweep-yield decision, and it gets priced at custody renewal, not on the fund menu.
RIA · Oct 23Vanguard auto-enrolls $1M–$10M self-directed clients in Flagship
Practice management · Oct 22Vanguard auto-enrolls $1 million–$10 million clients in Flagship
Practice management · Oct 22WealthManagement.com column says Vanguard-Altruist deal raises advisor fee question
The Close · Oct 22WealthManagement.com column says Vanguard-Altruist deal raises the bar for human advice
Products & portfolios · Oct 20Charles Schwab plans its own long/short SMA, CEO Rick Wurster says
RIA · Oct 20Charles Schwab expects to offer long/short SMA, CEO says
Products & portfolios · Oct 20AssetMark adds two private equity interval funds, taking shelf to six
Recruiting & transitions · Oct 13State Street launches Apex-powered RIA custody unit for $1 billion-plus RIAs
RIA · Oct 13State Street and Apex Clearing launch RIA custody unit for $1 billion-plus RIAs
Recruiting & transitions · Oct 7Fidelity says a few hundred advisory firms face its $100 million custody cutoff
Recruiting & transitions · Oct 7Betterment waives custody fees through Dec. 31, 2028 for RIAs transferring from Fidelity
Practice management · Oct 6RQD gets a boost as Fidelity sets $100 million custodian minimum
Practice management · Oct 6Altruist prices Hazel planning agent at $3,600 per advisor annually
Practice management · Oct 6Altruist adds donor-advised funds to custody at 50 basis points
Practice management · Oct 6Schwab Advisor Services becomes first RIA custodian to use Anthropic's Claude
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