Altruist provides an AI-powered custodian and wealth management platform for independent financial advisors, integrating account opening, trading, portfolio management, billing, and reporting. The platform features tools like Hazel AI for insights from custodial data and Hazel for tax planning. It serves over 6,000 advisors, aiming to improve efficiency and accessibility in the wealth management industry.

Products & services

Altruist Wealth Platform and Custody A digital wealth management and self-clearing custodial platform for independent financial advisors, combining account custody, trading, portfolio management, billing, reporting, and integrations.
Altruist Client Onboarding A digital account-opening and funding service that supports 30+ account types, batch openings, electronic ACAT transfers, bank linking, and mobile check deposits.
Altruist Portfolio Management and Trading Portfolio management and trading tools for advisors, including automated rebalancing, tax-loss harvesting, fixed-income trading, fractional-share trading, and smart order routing.
Altruist Operations Suite Integrated operational tools for advisory firms, including fee billing, performance reporting, account administration, and connections to CRM, planning, trading, and custodial systems.
Hazel AI An AI platform for financial advisors that uses custodial data, CRM records, email, and notes to answer questions, support tax planning, and automate administrative work.
Altruist Model Marketplace A marketplace of 500+ investment models, including turnkey portfolios, direct indexing, and personalized indexing strategies integrated with Altruist’s rebalancer and tax-management tools.

Leadership

Jason Wenk CEO & Founder
Mazi Bahadori COO & CCO
Zach Pentel Chief Marketing Officer
Harpreet Ahluwalia Chief Product Officer

Seniority mix

Entry & junior 0%
Mid-level 0%
Senior 60%
Lead & principal 35%
Manager & above 5%

Based on 40 open roles

Where they hire

Los Angeles, CA 80%
Dallas, TX 10%
San Francisco, CA 10%

Based on 40 roles with a listed city

Brands & subsidiaries

Hazel

Work at Altruist.

Open roles at Altruist

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