Stop overpaying your asset management platform.
Stop overpaying your asset management platform.
A seamlessly integrated investment experience built for helping financial advisors and their clients grow.
Open new accounts, trade, bill, and report performance all in one spot while providing your clients with a beautiful experience through our mobile app.
From client costs to firm revenue, every basis point counts. Altruist’s Model Marketplace is a TAMP alternative that helps advisors outsource portfolio research and implementation at a fraction of the cost.
Efficient screening, effortless click-to-trade, and total transparency at industry-leading prices.
¹Review the Altruist LLC Fee Schedule, available on altruist.com/legal, for information regarding fees and expenses associated with the Model Marketplace. For information on fees and expenses associated with Altruist Financial LLC, view the Altruist Financial LLC Fee Schedule.
Altruist LLC and its affiliates (together, “Altruist”) and the Model Marketplace model providers do not render investment advice to retail clients, rather Altruist makes available certain model portfolios for independent registered investment advisors’ (“RIAs”) use in managing their retail investment clients’ assets. RIAs are responsible for suitability of all transactions in and decisions regarding client accounts, and must maintain discretion over client accounts which are subscribed to Model Marketplace model portfolios. For more information on Altruist’s Model Marketplace please see the Form ADV Part 2A, Model Marketplace Agreement and Model Marketplace Fee Schedule on altruist.com/legal.
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[1], [2]. 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.
Low, transparent fees
Choose from 500+ models that cost 3x cheaper than your average TAMP, with some starting at 0 bps.
Built in tax management
Tax loss harvesting, capital gains budgeting, and automated tax minimizing lot selection at no additional cost for fee-based models.¹
Flexible investment strategies
Turnkey solutions, direct indexing, and personalized UMAs allow you to retain control and personalization in your clients’ portfolios.
Altruist is a modern custodian built for independent financial advisors.
Our Model Marketplace offers a TAMP alternative, with features and flexible investment strategies from world-class managers in an integrated advisor experience.
An integrated custodian can offer efficiency gains at lower prices.
"Altruist is faster to use, easier to use, and clients have commented on a better overall experience.”
– Derek Notman
Let us show you how a modern custodian can help your RIA streamline operations, slash overhead, and exceed client expectations.
Interested to learn more about Altruist?
"Altruist is faster to use, easier to use, and clients have commented on a better overall experience.”
– Derek Notman
This testimonial was given by a current customer. Neither Altruist nor its affiliates paid for this testimonial, 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). This testimonial may not represent the experience of others and it is not a guarantee of results.
