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

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

Source: TechMeme
Source Link: https://www.techmeme.com/260826/p32#a260826p32