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Trusted by
Acquiring Company
Vanguard
Acquired Company
Altruist
Valley ForgeCulver CityFinancial ServicesFinancial ServicesDescription
In August, Vanguard announced its acquisition of Altruist, a financial technology firm known for its AI tool Hazel aimed at investment advisors. The acquisition is set to enhance Vanguard's service offerings and strengthen its position in the ETF market. Altruist, established in 2018, has demonstrated significant growth with its innovative wealth management solutions. The deal is expected to close soon, marking a pivotal moment for both companies.
Fundz sees it the moment Vanguard makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired Altruist?
Altruist was acquired by Vanguard, based in Valley Forge. The deal was reported on October 10, 2026. Vanguard is one of the world's largest investment management companies. As of August 31, 2021, Vanguard managed $8.3 trillion in global assets. Vanguard is privately held and operates in Financial Services.
When did Vanguard acquire Altruist?
Vanguard's acquisition of Altruist was reported on October 10, 2026. In August, Vanguard announced its acquisition of Altruist, a financial technology firm known for its AI tool Hazel aimed at investment advisors. The acquisition is set to enhance Vanguard's service offerings and strengthen its position in the ETF market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Altruist do?
Altruist is a company that aims to set a new standard in wealth management. It provides technology and services for independent financial advisors and their clients. It is privately held, operating in Financial Services, and is based in Culver City.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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