Altruist, the modern custodian built exclusively for independent registered investment advisers (RIAs), has announced a new custody relationship with Ritholtz Wealth Management (RWM), a national RIA overseeing more than $6 billion in assets for high-net-worth clients and institutions.
Altruist’s forward-thinking approach, combined with its enterprise-grade platform built for scale, helps RWM deliver quality financial advice to clients at every stage of life. For RWM, the decision reflects its long-standing belief that great advice should be available to anyone seeking financial guidance, not just those with millions to invest.
The firm has built a tiered service model to meet clients wherever they are in their financial journey — from first paychecks to complex estates — and engaged Altruist as a partner whose technology could support that vision at scale.
With Altruist, accounts can be opened and clients onboarded in minutes. And because account opening,
