Altruist is on a mission to make independent financial advice better, more affordable, and accessible.
We’ve built an all-in-one platform that reduces barriers for financial advisors to deliver great advice.
Advisors using Altruist can work more efficiently and substantially lower operating costs, enabling them to grow on their own terms and help more people.
At Altruist, we value kindness, brilliance, and grit.
CEO Jason Wenk founded Altruist in 2018, and our platform launched in late 2020. Altruist has raised $58.5M in funding from top investors, including Venrock, Vanguard, and Insight Partners.
Altruist Financial LLC, Member FINRA/SIPC
Location: United States, California, Los Angeles
Employees: 201-500
Total raised: $170.5M
Founded date: 2018
Investors 1
| Date | Name | Website |
| 20.05.2021 | Insight Pa... | insightpar... |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 13.04.2023 | Series D | $112M | - |
| 28.05.2021 | Series B | $50M | - |
| 25.11.2019 | Series A | $8.5M | - |
Mentions in press and media 14
| Date | Title | Description | Source |
| 13.04.2023 | Altruist Raises $112M | Los Angeles-based Altruist, which develops software for registered investment advisors (RIA), has ra... | socaltech.... |
| 13.04.2023 | Altruist Raises $112M in Series D Funding | Altruist, a Los Angeles, CA-based provider of a custodian for independent RIAs, raised $112M in Seri... | finsmes.co... |
| 16.03.2023 | Altruist Acquires Shareholders Service Group | Altruist, a Los Angeles, CA-based custodian for independent registered investment advisors (RIAs), a... | finsmes.co... |
| 18.11.2022 | Altruist’s Model Marketplace Launches Cornerstone Partnershi... | Following Altruist’s recent expansion of its Model Marketplace and release of unified managed accoun... | esgnews.co... |
| 29.01.2022 | Lessons from a fintech founder: Solving for C by going B2B | Jason Wenk Contributor Share on Twitter Jason Wenk is CEO and founder of Altruist. Fintech founde... | techcrunch... |
| 21.05.2021 | Altruist Raises $50M in Series B Funding | Altruist, a Los Angeles CA-based provider of platform for modern financial advisors, raised $50M in ... | finsmes.co... |
| 19.05.2021 | Altruist Secures $50MM to Grow Its All-in-One Platform for M... | LOS ANGELES, May 19, 2021 /PRNewswire/ -- Altruist, the all-in-one platform for modern financial a... | prnewswire... |
| 12.01.2021 | Fintech Startup Altruist Raises Additional Funding | Altruist, a Los Angeles, CA-based fully-integrated digital investment platform for financial advisor... | archive.ci... |
| 12.01.2021 | Fintech Startup Altruist Raises Additional Funding | Altruist, a Los Angeles, CA-based fully-integrated digital investment platform for financial advisor... | citybizlis... |
| 12.01.2021 | Fintech Startup Altruist Raises Additional Funding | Altruist, a Los Angeles, CA-based fully-integrated digital investment platform for financial advisor... | finsmes.co... |
Show more