Today, Altruist, the modern custodian built exclusively for Registered Investment Advisors (RIAs), proudly announces a series of platform updates. This comes on the heels of the time-saving multiple account bundling functionality launched last month. Alongside numerous user interface improvements for both clients and advisors and a suite of enhanced performance reporting tools, key updates in the release include:
- Increased ACH limits
- MoneyGuide integration
- Several UX enhancements to improve advisor efficiency
These updates were sourced directly from feedback and suggestions logged on Altruist’s Advisor Portal. The portal empowers advisors to actively participate in the product’s evolution by submitting ideas, voting on them, and engaging in direct communication with Altruist’s product teams.
Jason Wenk, CEO of Altruist, commented on the updates, stating, “A significant advantage for Altruist customers is our unwavering commitment to building features tailored exclusively for RIAs. They don’t have to worry about competing incentives because our focus isn’t divided between advisors and the retail market.”
He added, “Our decision to transition away from Apex and invest in our own self-clearing functionality is paying off. As a self-clearing custodian, we have full ownership of the product development cycle, allowing us to be more agile and responsive to the needs and requests of advisors.”
For a comprehensive overview of all the new enhancements, interested parties are encouraged to read the detailed blog post available here. Advisors can also join a webinar with Jason Wenk dedicated to discussing these enhancements and what’s to come on the Altruist platform on September 21 at 1 pm ET.
ABOUT ALTRUIST
Altruist is the modern custodian for independent RIAs. Altruist combines a self-clearing brokerage firm with intuitive software for account opening, trading, reporting, and billing – all in one streamlined solution. With Altruist, you can create custom models, trade fractional shares, automate rebalancing, and share performance with clients using a modern mobile app. Learn more at https://www.altruist.com and follow Altruist on Twitter @altruist.
Altruist Corp (“Altruist”) offers technology and tools designed to help financial advisors achieve better outcomes. Advisory and certain other services are provided by Altruist LLC, an SEC-registered investment adviser, and brokerage related products and services are provided by Altruist Financial LLC, a member of FINRA/SIPC. Nothing in this communication should be construed as an offer, recommendation, or solicitation to buy or sell any security. Additionally, Altruist or its affiliates do not provide tax advice and investors are encouraged to consult with their personal tax advisors. Clearing and custody of securities provided by Altruist Financial LLC. © 2023 Altruist Corp 3030 S La Cienega Blvd Culver City, CA 90232.
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