Altruist to launch direct indexing model portfolio
Fintech sets $2,000 minimum for new offering, Altruist Strategist Suite, which will bow by June.
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.
Learn more about reprints and licensing for this article.
