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Vanguard to Acquire AI Custody Platform Altruist

Covered by 2 sources
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Vanguard has agreed to acquire Altruist, an AI-driven wealth technology and custody platform serving over 6,000 independent financial advisors. Altruist will continue operating independently under Vanguard, enhancing advisor capacity with integrated AI tools. The acquisition formalizes a relationship started in 2020 and is expected to close later in 2026.

Covered by 2 sources


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