Breakaway Advisors

The custodian that makes breaking away easier.

Altruist makes it simple to start your RIA with our lightning-fast transition,
hyper-responsive support, and easy-to-use tools that benefit both you
and your clients.

See if you’re a fit

Fast Transition

Break away without breaking stride.

Transition quickly with features that keep clients happy and make starting your own RIA seamless. We provide white glove support through our dedicated transition team who can help you onboard 500+ clients in days.

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Streamlined Operations

Keep your new
business running smoothly from day one.

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Starting an RIA comes with exciting new responsibilities as an entrepreneur. Our platform helps you rise to the challenge with a robust suite of tools like customizable reporting and fee billing—all at no additional cost.

Independence Awaits

Download our RIA Launch Kit

When you break away with Altruist, everyone wins. The same modern tools, personalization, and lower costs that benefit your business also mean tangible savings and portfolio benefits for your clients. Take the first step today.

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RIA Launch Kit

“

We signed up with Altruist, we got approved, like we left on like a Tuesday morning, we left our previous firm — resigned — and I think we opened our first account at Altruist on Thursday that week. So it was extremely quick the turnaround time.”

Jason Newcomer, Dogwood Wealth Management

This testimonial was given by a current client. 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 using services made available by our registered investment adviser (Altruist LLC). The promoting advisor received compensation or other benefits from Altruist through the promoting advisor’s participation in one or more of Altruist’s various programs, which created a conflict of interest on the promoting advisor’s part and may have influenced the view(s) expressed by the promoting advisor. For more details on program compensation and benefits and related conflicts of interest, please visit altruist.com/RIA-testimonial. For additional information about the promoting advisor’s conflicts of interest when expressing its views about Altruist or Altruist’s affiliates, please see the promoting advisor’s advisory program brochures, available at https://adviserinfo.sec.gov/. This testimonial may not represent the experience of others and it is not a guarantee of results.

“

Altruist is such a valuable partner. The tools are so effective that, even though I have over 60 households, I could take on more. I’m only one person, but I could handle 100. I’m looking forward to growing into that.”

Brandon Lockwood, Lockwood Wealth Strategies

This testimonial was given by a current client. 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 using services made available by our registered investment adviser (Altruist LLC). The promoting advisor received compensation or other benefits from Altruist through the promoting advisor’s participation in one or more of Altruist’s various programs, which created a conflict of interest on the promoting advisor’s part and may have influenced the view(s) expressed by the promoting advisor. For more details on program compensation and benefits and related conflicts of interest, please visit altruist.com/RIA-testimonial. For additional information about the promoting advisor’s conflicts of interest when expressing its views about Altruist or Altruist’s affiliates, please see the promoting advisor’s advisory program brochures, available at https://adviserinfo.sec.gov/. This testimonial may not represent the experience of others and it is not a guarantee of results.

“

The interface is clean, transitions are lightning fast. I spend much less time on administrative tasks, which means more time for client touch-ins. More touch-ins means more referrals.”

Michael Lickiss, Pacific Wealth Advisory Services

Altruist and our affiliates did not pay for this testimonial, but we do earn revenue from financial advisors who use our platform. This customer review may not represent the experience of others and isn’t a guarantee of results.

Join the 1,500 advisors who break away every year.

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Content Library

Our library is built for breakaways.

What makes Altruist different from Schwab and Fidelity?

See how Altruist stacks up to legacy custodians.

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The hardest (and easiest) part of launching a firm.

After agonizing over it for years, Brandon Lockwood finally broke away to form his own RIA. Here’s why he chose Altruist.

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The Breakaway Chronicles: Jon Henderson, Echo45

Why Jon Henderson transitioned to the RIA model after 20 years at Merrill Lynch

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What does it cost to start your own RIA?

How much capital do you need to start an RIA? We ran the numbers.

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