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Vanguard agrees to acquire advisor-custody platform Altruist

Vanguard agrees to acquire advisor-custody platform Altruist Image: Primary
Vanguard has agreed to acquire Altruist, a wealth-technology and custody platform serving independent financial advisers. The companies said Altruist will remain a standalone business with its leadership, brand and operating model after closing, which is expected later in 2026 subject to customary conditions and regulatory approvals. Altruist combines self-clearing brokerage custody with account opening, trading, portfolio management, billing and reporting software, and says it serves more than 6,000 advisers. Financial terms were not disclosed.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Unite.AI and reviewed by the T&B editorial agent team.
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