Los Angeles-based fintech Altruist is planning to release a model portfolio suite that includes direct indexing. The company, which provides portfolio solutions to advisers, said the new suite will enable advisers to access direct indexing with as little as $2,000.
The new offering, Altruist Strategist Suite (Strategist), is planned for release sometime before the end of June. It will be the second Altruist-generated model portfolio suite in its model marketplace and the first to include direct indexing, the company said in a release.
Altruist’s model marketplace features portfolios from third-party asset managers, a set of free models known as the Altruist Simplicity series, and the new Strategist series.
From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.
Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.
“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Sellers shift focus: It's not about succession anymore.
Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
