The modern custodian is making it easier and faster for RIAs to onboard clients with improvements to their paperless account opening process.

Altruist, the modern custodian who introduced digital account opening and funding to the RIA industry, has launched multiple account bundling. The enhancement to their onboarding process eliminates repetitive tasks, saving time for advisors and clients.

The average client household at Altruist has between two and ten accounts. Even with a paperless workflow, opening accounts individually can be a tedious activity. The enhanced digital experience spares advisors from repeatedly entering client details. And now, in one elegant email, advisors can prompt clients to open multiple accounts–including individual, joint, retirement, trust, and custodial–in significantly fewer steps.

“Simple, efficient processes help RIAs improve their operations and better serve their clients,” said Harpreet Ahluwalia, Chief Product Officer at Altruist. “We will continue building the product that RIAs deserve, so they can focus more on the work that matters: delivering exceptional financial advice and service.”

For more information, visit altruist.com/clearing-and-custody.

ABOUT ALTRUIST

Altruist is the modern custodian for independent RIAs. Altruist combines a self-clearing brokerage firm with intuitive software for account opening, trading, reporting, and billing – all in one streamlined solution. With Altruist, you can create custom models, trade fractional shares, automate rebalancing, and share performance with clients using a modern mobile app. Learn more at https://www.altruist.com and follow Altruist on Twitter @altruist.

Altruist Corp ("Altruist") offers technology and tools designed to help financial advisors achieve better outcomes. Advisory and certain other services are provided by Altruist LLC, an SEC-registered investment adviser, and brokerage related products and services are provided by Altruist Financial LLC, a member of FINRA/SIPC. Nothing in this communication should be construed as an offer, recommendation, or solicitation to buy or sell any security. Additionally, Altruist or its affiliates do not provide tax advice and investors are encouraged to consult with their personal tax advisors. Clearing and custody of securities provided by Altruist Financial LLC. © 2023 Altruist Corp 3030 S La Cienega Blvd Culver City, CA 90232.

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