Donor-Advised Funds
Charitable giving just got easier and more accessible. DAFs are live on Altruist, with no minimums of any kind and fees starting at 50 bps as of 10/29/26. Let your clients search charities or recommend grants on their own.
Paperless security journaling
Moving securities between a client’s accounts no longer takes a paper form. Move eligible settled stocks, ETFs, and mutual funds between eligible Altruist accounts owned by the same client within the platform.
You may journal between Individual, Trust, Joint (WROS, TIC, TBE, or CP), Single-Member LLC, and Sole Proprietorship accounts. Choose between transferring full or partial positions, with a choice of cost-basis method for partial transfers.
Manual trades without unassigning portfolios
You can now skip the unassign-and-reassign workaround when a client needs a targeted trade in an account with an assigned portfolio.
Place one-off trades, buy off-model securities or sell specific holdings to raise cash. All while keeping the portfolio assigned to the account.
Household rebalancing with asset location
Rebalance households with built-in asset location—at no additional cost. Go from setup to scale in minutes:
- Set location preferences at the sub-asset class or security level
- See the projected impact before you enable
- Review and approve every rebalance trade, or automate it entirely
- Set firm-level defaults to fast-track setup for new households
DRIP settings for mutual funds
Help clients manage how dividends and capital gains are handled for mutual funds, without a separate support request. Now you can:
- Update fund-level elections directly in the DRIP tab
- Track changes as Pending while the fund company processes them, typically within two business days
- Save time by bulk-updating the DRIP settings for mutual funds, equities and ETFs in an account
Want a deeper dive into these new features?
Let us know. We’re here to support you every step of the way. Set up time with an Altruist Sales representative.
