Vanguard To Acquire Altruist For A Reported $4 Billion
By Amit Chowdhry ● Aug 26, 2026
Vanguard has agreed to acquire Altruist, an AI-forward wealth technology and custody platform serving independent financial advisors, as the investment manager seeks to expand the reach of financial advice through technology and deeper relationships with the registered investment advisor market. The terms were undisclosed, but WSJ sources said the deal was about $4 billion.