Vanguard Acquires Fintech Platform Altruist in $4 Billion Deal
Investment giant Vanguard has agreed to acquire the wealth management technology platform Altruist for approximately $4 billion. The acquisition signals Vanguard’s strategic push to expand its digital advisory services and compete more aggressively in the financial technology sector.
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Why Vanguard Is Buying Wealth Platform Altruist
Vanguard CEO Salim Ramji and Altruist CEO Jason Wenk explain why they decided to combine assets. Speaking with Dani Burger on "Bloomberg Open Interest," Ramji and Wenk say they're focused on making financial advisors more accessible. (Source: Bloomberg)
Read full article →Exclusive | Vanguard Buys Wealth Management Platform Altruist in $4 Billion Deal - WSJ
Exclusive | Vanguard Buys Wealth Management Platform Altruist in $4 Billion Deal WSJ
Read full article →Vanguard to acquire fintech platform Altruist for $4 billion
Read full article →Vanguard to buy fintech wealth platform Altruist for ~$4B - report
Read full article →Vanguard to Buy Wealth Platform Altruist as It Expands in Advice
Vanguard, known mostly for its low-fee index funds, will add Altruist’s wealth technology and custody platform, the firm said in a statement Wednesday. It didn’t disclose terms.
By Loukia Gyftopoulou
Read full article →Vanguard strikes deal for fintech platform Altruist - The Star
Vanguard strikes deal for fintech platform Altruist The Star
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