invest1 distinct publisher
Vanguard's reported $4bn buys Altruist's custody rail at more than $615,000 an advisor
Terms are undisclosed and the close is still conditional, so the only firm figure is the advisor count, 6,500, set against a reported price above $4bn. Jason Wenk says a cash-management agent follows within a year.
Publishers:americanbanker.com
Reality
- Evidence30
- Adoption40
- Hype gap+35
- Incentives82