Clients
Managing your money just got a lot easier
Altruist is the tech-forward platform your advisor uses to manage your accounts, execute trades, and keep your finances running smoothly. And for you, it’s a single place to see everything and take action.
Your full financial picture, always clear
Everything in one place
With Altruist, you can see your investments, balances, and transaction history from a single clean dashboard.
No paperwork required
Link a bank account, update a beneficiary, transfer funds, or request a distribution entirely online. No PDFs to print, sign, scan, or mail.
More time for advice
Because Altruist runs the operations, your advisor can spend less time on admin and more time doing what they do best—advising you.
Your assets. Fully protected.
At Altruist, we follow rigorous internal practices and business standards to keep your assets safe.
Since we’re a member of SIPC, securities in your brokerage account are protected up to $500,000. For details, please see sipc.org. We also offer additional coverage up to $40M per account through Lloyd’s of London.
Clients who enroll in our bank sweep program have their uninvested cash automatically deposited into FDIC-insured bank accounts, with up to $250,000 in coverage per depositor, per bank.
Our data security systems are independently examined by an AICPA-accredited auditor to meet rigorous, third-party standards.
Our asset protection guarantee means we’ll cover losses resulting from unauthorized activity in your account, so long as a handful of security measures and contact information are maintained.
Recognized across the industry
Altruist has been recognized by some of the industry’s most respected organizations for innovation, technology, and the quality of its platform.
Winner
#1 rated custodian by advisors
T3/Inside Information Software Survey, 2026
Winner
Fastest-growing custodian
AdvizorPro RIA Custodian Trends Report, 2025
Winner
Best Innovation in Clearing and Custody
Datos Insights Impact Award, 2025
Finalist
Industry Disruption, CEO of the Year
ThinkAdvisor Luminaries, 2025
Winner
Technology Integration
WealthManagement.com aka “Wealthies,” 2025
Winner
Most Innovative Company in Personal Finance
Fast Company, 2024
Everyone deserves great financial advice
Before founding Altruist, Jason Wenk was an advisor who believed that the best financial advice should be accessible to everyone, not just the wealthy.
After growing his own firm to billions in client assets, Jason saw up close what was holding the industry back: slow technology, paper-based processes, and fees that ate into the value advisors could offer their clients.
In 2018, he founded Altruist to change that. Today, over 6,000 independent advisors run their firms on the platform.
FAQs:
What is Altruist and why is my advisor
using it?
Altruist is the platform your financial advisor uses to manage your investment accounts. Think of us as the tech behind your advisor—we handle account custody, account opening, trading, portfolio management, billing,
and reporting, so your advisor can focus on your financial goals.
Is my money protected at Altruist?
Yes. Altruist is a member of SIPC, which protects securities accounts up to $500,000 (including $250,000 for cash claims). We also carry excess SIPC coverage through Lloyd’s of London. Altruist is regulated by the SEC, FINRA, OCC, and 53 states and territories, and client assets are always held separately from Altruist’s own funds.
How does Altruist compare to Schwab or Fidelity?
Altruist provides the same regulatory protections and asset safeguards as the industry’s largest custodians. The key difference is that Altruist was built from scratch with a tech-forward mindset—which means a cleaner digital experience for you and a more efficient platform for your advisor.
Can I access my accounts directly?
Yes. You can view your holdings, account balances, cost basis, and transaction history through the Altruist client portal or mobile app. You can also link a bank account, move money, and update account information, all digitally. For questions about your financial plan or investment strategy, your advisor is your primary point of contact.
Who do I contact if I have questions?
For questions about your portfolio, investments, or financial plan, reach out to your advisor directly. Altruist works exclusively with independent advisors. We don’t offer direct-to-consumer financial advice or services.
The relationship you trust. The technology behind it.
Altruist exists to help your advisor do their best work. If you have questions about your account, your advisor has everything they need to help you.
Not a client yet? Altruist partners exclusively with independent advisors. If you’re searching for a financial advisor, visit NAPFA.org or the CFP Board’s advisor search.