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Why It Matters
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.
Provenance
Discovered via TechMeme and published by techmeme.com.
Original description
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.
Discovered via TechMeme
Headline clustering and publisher rollups from Techmeme.
Publisher: techmeme.com
ID: https://www.techmeme.com/260826/p32#a260826p32 · Indexed 21 days ago