California based solution for RIA custodial services raises $112m in Series D funding led by Insight Partners.
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Altruist raises $112m in Series D funding
“While the RIA industry has evolved rapidly over the past 20 years, the custodians serving them have not,” said Altruist CEO Jason Wenk in a statement. “Legacy custodians have little incentive to innovate and rebuild technology that would enable advisors to scale and reach as many people as possible.”
