We write about building businesses, the sectors we operate in, and what it takes to lead something significant. We do not publish often. When we do, it is because we have something worth saying.
August 28, 2026. Vanguard has agreed to acquire Altruist, a wealth technology and custody platform built for independent financial advisers, in a deal reported at roughly $4 billion. The transaction gives Vanguard a larger presence in the independent adviser market while bringing Altruist access to the scale and resources of one of the world’s largest asset managers. The financial terms have not been publicly disclosed by the companies. (Vanguard) The deal comes at a time whe
