Altruist, the tech-forward wealth platform built for independent advisers, is expanding its platform to offer alternative assets, along with margin, options and faster money movement. The new capabilities allow advisers to provide more clients access to strategies once reserved for the largest investors.
Altruist’s alternatives marketplace at launch includes strategies across private equity, real estate and infrastructure from Blackstone, J.P. Morgan Asset Management, KKR and Pantheon. Unlike legacy alternative asset platforms, which often require manual paperwork and coordinating different portals, advisers on Altruist can prepare and send clients documents for review and signature, and manage reporting and billing — all without leaving the platform. This will enable advisers to win clients and grow their practice.
Advisers have already noted the operational shift with the new Altruist features. “Alts are now simple because of Altruist. What used to take hours t
