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<rss version="2.0"><channel><title>Vanguard pays $4.6B for RIA software startup Altruist — Live Feed</title><link>https://www.live-feeds.com/feed/vanguard-pays-4-6b-for-ria-software-startup-altruist</link><atom:link xmlns:atom="http://www.w3.org/2005/Atom" href="https://www.live-feeds.com/feed/vanguard-pays-4-6b-for-ria-software-startup-altruist/rss.xml" rel="self" type="application/rss+xml"/><description>Continuously updated, source-cited coverage.</description>
<item><title>Vanguard acquires wealth management platform Altruist</title><link>https://www.live-feeds.com/feed/vanguard-pays-4-6b-for-ria-software-startup-altruist</link><guid isPermaLink="false">https://www.live-feeds.com/feed/vanguard-pays-4-6b-for-ria-software-startup-altruist#u50190</guid><pubDate>Fri, 28 Aug 2026 00:20:20 +0000</pubDate><description>Vanguard has acquired Altruist, a fintech startup providing software for Registered Investment Advisors. The deal aims to expand Vanguard&amp;#039;s reach in financial advice and wealth management. While multiple sources confirm the acquisition, the final purchase price is disputed, with reports ranging from $4 billion to $5 billion. The move follows Vanguard&amp;#039;s recent settlement of a lawsuit involving Just Invest, another target in the RIA industry. This acquisition provides Vanguard with advanced tools for cash sorting and tax planning to compete in a commoditized custody market.Why it matte</description></item>
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