Altruist

Founded in 2018 and headquartered in Venice Beach, California, Altruist aims to revolutionize the financial advisory industry by making independent financial advice more efficient, affordable, and accessible. The company offers a comprehensive digital investment platform that streamlines account opening, funding, trading, reporting, and billing into a single, automated solution. Altruist's mission is to empower financial advisors to serve more clients at lower costs, thereby enabling clients to pay less, earn more, and gain financial confidence.

Notable figures affiliated with Altruist include its founder and CEO, Jason Wenk, a seasoned entrepreneur in the financial technology space. The company has garnered significant attention from investors, securing funding from prominent venture capital firms like Venrock and Vanguard. Altruist's key achievements include simplifying the tech stack for Registered Investment Advisors (RIAs) and offering commission-free fractional share trading. The platform's impact is evident in its ability to enhance the efficiency of financial advisors while providing a seamless and cost-effective experience for clients.