Altruist

We’re excited to introduce Altruist's new fixed income trading center—built to simplify fixed income portfolio management for RIAs. With real-time bond pricing, advanced filtering across US Treasuries, Corporates, and more, plus a seamless click-to-trade feature, you can trade bonds directly within our platform. Save time and minimize costs with smart-order routing, all designed to keep your focus on what matters—your clients. Discover how our solution helps RIAs trade smarter and faster: https://lnkd.in/guTpy5SK 

We sat down with financial advisor Michael Lickiss to talk about choosing Altruist as his custodian, enduring financial relationships, and building a legacy with Pacific Wealth Advisory.  𝗔𝗹𝘁𝗿𝘂𝗶𝘀𝘁 [𝗔]: First of all, congrats. 18 years as a financial advisor!  𝗠𝗶𝗰𝗵𝗮𝗲𝗹 𝗟𝗶𝗰𝗸𝗶𝘀𝘀 [𝗠𝗟]: Thanks! I’m still finding ways to improve my firm, to get better outcomes for my clients. [𝗔]: Let’s talk about that. You were with a broker dealer until … [𝗠𝗟]: 2017. Then I went out on my own, and switched to the RIA model. [𝗔]: You were at Fidelity then? [𝗠𝗟]: That’s right. I didn’t like all the short term redemption fees, though. When I shopped around for other custodians, I saw Altruist didn’t have any. Then I dug deeper. I loved how clean the Altruist interface was, and that I could build custom model portfolios for my clients. When I switched over, it was lightning fast. I was really impressed—it felt like finding a hidden gem. [𝗔]: We were, too. You moved 95% of your $106M AUM book in three weeks. That’s actually a record at Altruist. [𝗠𝗟]: Well, you made it easy! [𝗔]: How is running your shop different now that you’re with Altruist? [𝗠𝗟]: It’s the functionality and speed. The custom model building function helps me take a hands-on, data-driven approach to asset management, and Altruist’s speed saves me time that’s better spent re-investing in my clients.  [𝗔]: For example? [𝗠𝗟]: Here’s one. I had a client who sold her house. In twelve minutes, we had the money from the sale deployed in the market. You won’t find that with any other custodian. And that time I get back is invaluable—I’m all about high touch with my clients. The more time I spend with them, the deeper my relationships. The deeper my relationships, the more referrals I get—and that’s how my business grows. It’s all by referral.  [𝗔]: We love to hear that. What’s next for you at Pacific Wealth Advisory? [𝗠𝗟]: Hopefully we continue to grow and serve our clients.  One of my sons is a senior in high school—he’s already thinking about how to grow the business. With him involved, we could develop new relationships with younger, more tech-savvy clients, and maintain the existing financial relationships we have built over time.  — Run an RIA? Want to cut down on onboarding, and spend time building relationships with your clients? Read the full case study below (link in first comment).

In this week’s special host-only episode of #TheAdvisorJourney, Jason Wenk, and Dasarte Yarnway break down the #1 obstacle holding advisors back from evolving their business. Plus, they share tips on hiring, retention, and feedback loops to boost practice management. Full episode linked in comments.

Day 2 of Altruist Academy LA was all about actionable insights. We dove into everything from disrupting industry giants to scaling firms and boosting client retention, with plenty of peer-to-peer learning along the way. As we wrap up our final academy of the year, stay tuned for what’s coming in 2025!

Day 1 of Altruist Academy LA was packed with insights. Altruist CEO Jason Wenk kicked things off with a look at the future of financial advice, followed by sessions on our product roadmap, advisor transitions, and integrations. We wrapped up the day with great conversations at our evening reception. More to come for Day 2!

We’re getting ready to kick off Altruist Academy LA at the 1Hotel, and the setting couldn’t be better. From the venue to the views, everything’s in place for an unforgettable learning and networking experience. Who's ready to join us this week?

We're excited to welcome LaSalle Vaughn as Altruist's new Chief Compliance, Ethics, & Risk Officer. With over 20 years of experience and a proven track record in financial services and fintech, LaSalle will play a key role in scaling our compliance and risk operations as we continue to innovate and grow. His leadership and expertise will help us better serve advisors and reinforce our commitment to making financial advice more accessible and affordable for all. Join us in welcoming LaSalle to the Altruist team! Read more here: https://lnkd.in/gVcAtsSN

Fixed income trading just got way easier for RIAs.  Join our webinar at 10 a.m. PT on 10/17 to learn how our new Fixed Income Center simplifies discovering, buying, and monitoring fixed income securities—all within the Altruist platform. Register now: https://lnkd.in/gB9y94uX 

"We didn’t want to be just another number.” Read how this $480M RIA firm found a partner in Altruist that values client relationships as much as they do—through transparency and real-time service. Read more about why Financial Plans and Strategies chose Altruist as their trusted partner: 𝘩𝘵𝘵𝘱𝘴://𝘣𝘭𝘰𝘨.𝘢𝘭𝘵𝘳𝘶𝘪𝘴𝘵.𝘤𝘰𝘮/𝘯𝘦𝘸𝘴/𝘤𝘢𝘴𝘦-𝘴𝘵𝘶𝘥𝘺-𝘧𝘱𝘴/?𝘶𝘵𝘮_𝘴𝘰𝘶𝘳𝘤𝘦=𝘭𝘪𝘯𝘬𝘦𝘥𝘪𝘯&𝘶𝘵𝘮_𝘮𝘦𝘥𝘪𝘶𝘮=𝘰𝘳𝘨𝘢𝘯𝘪𝘤&𝘶𝘵𝘮_𝘤𝘢𝘮𝘱𝘢𝘪𝘨𝘯=𝘢𝘭𝘵𝘳𝘶𝘪𝘴𝘵𝘱𝘳𝘰𝘴𝘱_𝘴𝘰𝘤𝘪𝘢𝘭 Current client testimonial. Views expressed may not represent others’ experience. Results may vary.

The 108-page Advisor Marketing Survey from the Kitces team highlights how the fastest-growing firms are bolstering their referral growth with a broad range of marketing strategies. We synthesized the most critical 12 takeaways.  Read below.