Vanguard announced a $4 billion deal to acquire Altruist, an AI-forward wealth management platform and custodian for independent financial advisors, aiming to bolster its advisory offerings and compet…
Vanguard announced on August 26 the $4 billion acquisition of Altruist, an AI-enhanced wealth technology and custody platform founded in 2018 by CEO Jason Wenk, marking its biggest technology play. Th…
A new digest of AI safety funders reveals that Open Philanthropy remains the largest donor in the space, with grantmaking sourced primarily through its own research rather than open applications. The …
Arca, an AI-powered wealth management platform founded by former Plaid product leader Rron Rexha, raised $64 million in combined seed and Series A funding led by Venrock and General Catalyst. The firm…