The wealth platform built for independent advisors
Tell us about your firm and speak with our team about how to get your practice running and scaling on Altruist.
Already on Altruist? Get support here.
Trusted by 6,000+ independent advisors
Work with a custodian built to power your growth
✓ Client onboarding in minutes, not days
✓ Effortless operations firmwide
✓ AI-powered tools that fit your workflows
✓ Answers in 60 seconds or less
#1
highest-rated custodian in 2026, according to the T3/Inside Information Software 2026 Survey.
6,000+
independent advisors run their firms on Altruist as of April 2026.
112%
year-over-year growth based on the number of RIAs served as of 2025—the fastest rate of any custodian.
$1,800 in savings per household, every year
By switching to Altruist, Lifeworks Advisors cut the overhead of running their firm by $1,800 per household, annually—and brought more services to every client, no matter the size.
Ron Bullis from Lifeworks Advisors is a client of Altruist and was not compensated for this testimonial. This testimonial reflects his own experience, may not be representative of other clients’ experience, and is no guarantee of future performance or success. Lifeworks Advisors has received benefits from Altruist, including, but not limited to: PAS fee waivers and account transfer (ACAT) credits. These benefits were not provided in exchange for this testimonial; however, they are a material conflict of interest, as it may influence Ron Bullis to view and describe Altruist more favorably than he otherwise would.
Frequently Asked Questions
How long does switching custodians take?
Most firms are up and running in about 30 days. Our onboarding team handles the heavy lifting—from coordinating ACATs to walking you through every step of the process.
How is Altruist different from competitors?
The short answer: We built the platform specifically for independent advisors, not as an afterthought. Custody, trading, portfolio management, billing, and reporting all live in one place—which means fewer tools, lower costs, and less time managing systems that don’t talk to each other.
What does onboarding look like?
You’ll have a dedicated onboarding manager who guides you through account setup, data migration, and getting your clients live on the platform.*
*For accounts transferring more than $10M in AUM.
What account types do you support?
Individual, joint, trust, IRA, Roth IRA, SEP IRA, and more. If you have a specific account type in mind, ask us on the call.
What does pricing look like?
We have a transparent fee model with no hidden costs. All of our fees are clearly listed in our fee schedule. We can talk through how this applies to your firm during our call.
Can I add Altruist without a full switch?
Yes. A lot of firms start by adding Altruist as a secondary custodian to get a feel for the platform before committing fully. We’re set up to support that.
Is there a minimum AUM or advisor count?
No minimums. We work with firms at every stage, from advisors just starting out to established RIAs managing billions.
How do you handle security & compliance?
Client assets are protected through SIPC coverage, FDIC access for eligible cash, and an Asset Protection Guarantee against unauthorized activity. On the platform side, we’re SOC 2 Type 2 compliant with daily stress testing and ongoing regulatory oversight from FINRA and the SEC. For the full picture, visit our security page.