Alto says the combined businesses would hold more than $20 billion in assets under custody and administration, and financial terms of the agreement were not disclosed.
Alto has agreed to acquire Forge Trust, a transaction that would add more than 60,000 private-market IRA accounts to its platform.
Alto says the combined businesses would hold more than $20 billion in assets under custody and administration.
Financial terms were not disclosed, and the transaction remains an agreement rather than a completed acquisition.
Reported by The Wrap desk from Retirement Capital Daily coverage data. Published . Updated Oct 28, 2026 · 2:57 p.m. ET. Corrections
Alto says the combined businesses would hold more than $20 billion in assets under custody and administration; financial terms were not disclosed.
The self-directed IRA custodian is betting that operational friction, not client demand, has kept private-market deals out of retirement accounts.
New platform for RIAs bundles custody, processing and compliance into one workflow, betting that less friction moves more retirement dollars into private assets.
An EBRI and PensionBee whitepaper estimates up to 13 million accounts holding as much as $43 billion, with $100 opening fees and $5 monthly maintenance.
Capital Group's framework models a 30-year retirement, while Vanguard's planned trust series holds more equity through the glide path.
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