Axios · Dan Primack ·

Vanguard agrees to acquire RIA software startup Altruist, a source says for $4.6B in cash; Altruist raised $600M and had a $1.9B valuation in early 2025

Vanguard Group on Wednesday announced an agreement to acquire Altruist, a California-based provider of software for registered investment advisors.

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Vanguard agrees to acquire RIA software startup Altruist, a source says for $4.6B in cash; Altruist raised $600M and had a $1.9B valuation in early 2025

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Axios — Vanguard agrees to acquire RIA software startup Altruist, a source says for $4.6B in cash; Altruist raised $600M and had a $1.9B valuation in early 2025 ↗

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Reuters: Reuters

Wall Street Journal: Wall Street Journal

Barron's Online: Barron's Online

The Vanguard Group: The Vanguard Group

Quartz: Quartz

Pulse 2.0: Pulse 2.0

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