Altruist

What is Altruist?

As a modern financial custodian, we are responsible for safekeeping client assets, settling trades, and – just like Pershing, Charles Schwab, and Fidelity – adhering to a strict set of policy and regulatory requirements.

With Altruist, you can open and fund your investment accounts in minutes, track your investment progress and view your portfolio’s holdings, and download statements, tax documents, and other essential information in as little as a few clicks. It’s easy, simple, and intuitive.

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“What I appreciate about the user interface is how clean it is... No distractions, no anxiety, so that I can stay focused on my goal right till the very end. That's what I love about the Altruist platform.”

—Beck Bode LLC client & Altruist user

These testimonials were given by current clients or investors. Neither Altruist nor its affiliates paid for these testimonials, but we do earn revenue from financial advisors who use our software, from assets invested through our broker-dealer (Altruist Financial LLC) and assets invested in models made available by our registered investment adviser (Altruist LLC). For more details on program compensation and benefits and related conflicts of interest, please visit altruist.com/RIA-testimonial. For additional information about the promoting advisors’ conflicts of interest when expressing their views about Altruist or Altruist’s affiliates, please see the promoting advisors’ advisory program brochures, available at https://adviserinfo.sec.gov/. These testimonials may not represent the experience of others and are not a guarantee of results. Some account types may not yet be available, processing times may vary.

Everything you need and expect from a custodian, and more.

	Altruist	Legacy Custodians
Member SIPC
PII Data Encryption
2-Factor Authentication
Regulated by FINRA & SEC
Completes Annual SOC 2 Type 2 Exam
Unauthorized activity guarantee
Fractional shares in managed accounts
Same-day account opening & funding
Integrated tax management
Direct indexing

Simple user interface

The Altruist app provides an easy-to-follow experience that helps you stay connected with your advisor and puts account information  right at your fingertips.

Dedicated, expert support

We make it easy for your advisor to get  reliable answers to time-sensitive questions. Our highly trained service team is always ready  to assist.

Fast, paperless onboarding

With ability to open and fund accounts digitally your advisor can spend less time on paperwork, and more time on what you hired  them for.

Extensive data protection

We secure Personal Identifiable Information and API data with end-to-end encryption, hash passwords, use enterprise decryption key management, and web application firewalls.

Comprehensive coverage

Altruist has arranged for excess SIPC insurance which covers investments up to a firm aggregate of $150m (note: this does not cover market losses). We also offer extended FDIC coverage of up to $1 million ($250,000 per depositor, per insured bank) for accounts participating in our bank sweep program.