Altruist Personalized Indexing
Personalize every portfolio
In just a few clicks
Align portfolios with client values
- Exclude industries, sectors, issues, or securities—including those that conflict with a client’s faith—consistently across an entire portfolio.
- Rely on trusted values screens powered by Smartleaf and MSCI.
See the impact
before you assign
- View tracking error and active share in real time.
- Understand how exclusions affect sector exposure.
- Evaluate tradeoffs before making recommendations.
Benefit from low minimums + low fees
- Work entirely within the Altruist platform, with minimums as low as $2,000 and transparent pricing.
- Avoid added contracts, accounts, or trading surcharges.
- Access Altruist’s model marketplace at 3x less than the average TAMP.
Other fees may apply. Visit the Altruist Financial LLC Fee Schedule and the Altruist LLC Fee Schedule for additional information.
The average price of a turnkey asset management program (“TAMP”) is estimated to be 0.45bps – 0.50bps as of November 2024. This estimate is based on publicly available pricing information for TAMP providers (including AssetMark, Envestnet, and Orion) and other industry sources. Altruist offers products through its Model Marketplace which RIAs may choose to use as an alternative to TAMPs, but these products are designed differently and may not include all features or services typically offered by other TAMP providers. As such, cost comparisons may not fully account for differences in features, services, or usage.
Increase tax
efficiency
- Plan for long-term tax advantages with tax-loss harvesting, rebalancing, and capital gains budgeting.
- Stay focused on your clients while these tools run automatically in the background.
- Gain a clear view across taxable accounts.
More flexibility.
More control.
*Other fees may apply. Visit the Altruist Financial LLC Fee Schedule and the Altruist LLC Fee Schedule for additional information.
FAQs:
How does direct indexing create real tax advantages for my clients?
Direct indexing enables year-round tax-loss harvesting at the individual security level—something ETFs and mutual funds can’t do. This allows your clients to offset gains from other parts of their portfolio, potentially reducing their overall tax bill. Altruist’s system automates this process and helps you quantify the potential tax alpha when presenting to clients.
Which clients are the best fit for direct indexing?
Direct indexing is a smart fit for clients in taxable accounts who are sensitive to taxes, want values-based investing, or simply want more transparency and control. And, with Altruist’s low $2,000 minimum, we’ve made direct indexing broadly accessible. It may also be great for HNW or emerging affluent clients looking to differentiate from cookie-cutter portfolios.
How can I use direct indexing for clients who are currently invested in other strategies?
Altruist lets you transition gradually by setting a tax budget, harvesting losses to offset gains, and building around existing equity positions. You can preserve legacy holdings while customizing the rest—making the move to direct indexing seamless and tax-aware.
How much day-to-day management does this require from me?
Very little. Altruist’s automation handles drift monitoring, tax-loss harvesting, and rebalancing—all in the background. You stay in control with full visibility, and can override or customize as needed. This lets you scale personalized strategies across clients without additional operational overhead.
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Direct indexing may have increased tracking error to the underlying index, particularly when using tax loss harvesting or personalization through security exclusions. Tax loss harvesting performance is dependent on the price path of securities; timing of deposits, withdrawals and other cash flows; tax rates; and other factors. Tax loss harvesting performance will vary by account. Direct indexing involves trading multiple securities, which may lead to price impacts when executing trades.
Tax Management tools (including, but not limited to tax loss harvesting) may be impacted by a number of factors including a portfolio’s rebalancer and/or fund substitute settings. See the Altruist Tax Management Tools and Rebalancer Disclosures document on altruist.com/legal for more information. Registered Investment Advisers (RIAs) are solely responsible for monitoring client accounts to ensure Tax Management tools and settings are operating as intended. Neither Altruist nor its affiliates provide tax or legal advice or discretionary management of customer accounts. Customers are encouraged to consult their attorney, tax professional and/or investment advisor regarding their individual circumstance.