# Altruist

**Source:** https://www.startuphub.ai/startups/altruist
**Profile type:** Startup

> AI-forward custodian and wealth platform for independent financial advisors.

## About

Altruist offers an AI-forward wealth platform for independent financial advisors, integrating account opening, trading, portfolio management, billing, and reporting. They provide custody services and tools like automated portfolio management and tax management to help advisors run their firms more efficiently and make financial advice more affordable and accessible. Altruist serves over 6,000 advisors.

## Key facts

- **Slug:** altruist
- **Website:** https://www.altruist.com/
- **Location:** Culver City, United States
- **Founded:** 2018-10-08
- **Employees:** 904
- **Operating status:** Active
- **Total funding:** $169M
- **Sectors / tags:** Fintech, Financial Software, Wealth Management, Custody Services, Brokerage, AI, AI Platform, AI Tools & Apps, Agentic AI
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/altruistcorp
  - Twitter: https://x.com/altruist

## Frequently asked

### What does Altruist do?

Altruist offers an AI-forward wealth platform for independent financial advisors, integrating account opening, trading, portfolio management, billing, and reporting. They provide custody services and tools like automated portfolio management and tax management to help advisors run their firms more efficiently and make financial advice more affordable and accessible. Altruist serves over 6,000 advisors.

### What is Altruist's revenue?

StartupHub estimates Altruist's annual revenue at $272.1M (range $160.9M to $325.8M, 64% confidence), based on comparable companies in the sector.

### What is Altruist's valuation?

StartupHub estimates Altruist's effective valuation at $1.2B (range $869.5M to $1.6B, 33% confidence), based on comparable companies in the sector.

### How much funding has Altruist raised?

Altruist has raised a total of $169M in funding. The most recent round on record is Series E.

### Where is Altruist headquartered?

Altruist is headquartered in Culver City, United States.

### When was Altruist founded?

Altruist was founded in 2018.

### What industry does Altruist operate in?

Altruist operates in Fintech, Financial Software, Wealth Management, Custody Services, Brokerage, AI.

### How many employees does Altruist have?

Altruist has approximately 904 people on record.

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