Nick Beim

Thoughts on the Economics of Innovation

The Next Schwab?

Jason Wenk seldom gives interviews, but he was eager to tell RIA Intel all about Altruist, his new, entirely digital custodian for RIAs that promises to be free of commissions and the headaches that come with cobbling together software services needed to run a wealth management business. Altruist will save advisors up to 90% on technology and custody costs, says Wenk. “Our goal is for everyone to really pay almost nothing.”