Tuesday, October 4, 2022

Altruist Launches a Commission-Free Investment Platform to Help Independent Financial Advisors Grow Faster

Date:

Among the top advantages of having money is that with the right techniques, you can also use it to earn more. And if you don’t know where to start, you can always turn to financial advisors and experts for help. With their knowledge and training, you’re sure to get the help you need to grow your money.

However, not all financial advisors are made equal. Some might not even be qualified to offer the services you need but are still doing so in hopes of making a quick buck from unsuspecting folks with money. This is why it’s crucial to only trust the right folks.

Altruist aims to provide the safety and convenience that clients and registered investment advisors (RIAs) look for. It’s designed to serve as an alternative to the traditional custodian platforms that provide the services investors need to find the right advisors to help them out.

What makes Altruist different, you ask? For starters, they positioned themselves as a mission-driven company that aims to make financial planning more accessible for clients and investors alike. They crafted their services to address the challenges related to the infrastructure like opening and funding accounts and covering the costs of custody and clearing among many other things.

The idea behind Altruist is to provide convenience for both clients and advisors. It aims to help level the playing field for small RIAs by providing them great tools to use to get jobs done. As they charge a very small amount for their services, Altruist hopes to provide the solutions that RIAs need to boost their performance.

Clients, on the other hand, can find Altruist handy as they will give them access to RIAs without a hitch. As they only work with actual RIAs, clients can be sure that they will be well-represented by certified experts in financial services.

John Diep
John Diephttps://lastartups.com
Founder, Editor-In-Chief // A native Angeleno. John studied engineering at UCLA; founded Schmoozd, an offline social tech networking event in LA with 30,000 subs; ran a startup accelerator (StartEngine). Worked for several major brands like Toyota, DIRECTV, Hitachi, ICANN, and Raytheon. A mentor at Loyola Marymount University (LMU) Entrepreneur School, Dr. David Choi. And advises a dozen local LA startups building amazing tech in various industries; and invested in some. // Let's Connect: john@lastartups.com
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