Top RIAs Using Altruist in 2026: Firms, Growth Metrics & Industry Trends

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Altruist has become one of the most talked about custodians in independent wealth management, and a growing number of RIAs now hold meaningful client assets on the platform. This ranking uses AdvizorPro data to show which independent, client-facing RIAs report assets at Altruist, so that asset managers, wealthtechs, and distribution teams can see where the platform is gaining real traction. For context on how Altruist fits into the broader custodian landscape, see our RIA Custodian Trends Report.

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What Is Altruist?

Altruist is a digital custodian and technology platform built for independent RIAs. It combines custody, trading, portfolio management, reporting, and billing in one system, which allows small and mid-sized firms to run lean operations without stitching together multiple vendors. Its low-cost, technology-first approach has made it especially popular with newer and fast-growing practices.

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Why More RIAs Are Using Altruist

Advisors who move to Altruist tend to cite a few recurring reasons: a modern interface, streamlined onboarding, integrated trading and billing, and pricing that suits firms of every size. As independent RIAs look to scale without adding operational headcount, a unified platform becomes a practical choice. If you want to understand which advisors are open to new technology and where they are located, AdvizorPro AI Search lets you find and segment them in seconds.

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Top 20 RIAs Using Altruist by Reported Altruist AUM

We ranked firms using AdvizorPro's dataset of SEC-registered investment advisers, sorted by the AUM each firm reports at Altruist. Altruist AUM reflects the separately managed account assets each firm reported as held at Altruist in its most recent Form ADV filing, where custodians holding 10% or more of a firm's separately managed account assets are disclosed. All key insights are based on data as of October 2026.

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1. Range Advisory, LLC | $1.11B Altruist AUM

Range Advisory, based in McLean, Virginia, is the largest firm on this list by a wide margin, with about $1.11 billion of its roughly $1.39 billion in total AUM reported on Altruist. Its website speaks to affluent individuals and families, and its team-based advisory model serves nearly 3,000 clients.

Key Insights

• Altruist AUM: $1.11B, representing 80% of total AUM
• Total AUM: $1.39B
• Client mix by assets: $1.10B from high-net-worth clients (79%) and $290.5M from individuals (21%)
• Advisory clients: 2,953; average account size of about $266,808
• Team: 38 employees, including 30 advisory representatives
• Technology: JP Morgan platform, ComplySci

2. Peak Retirement Planning, Inc. | $603.0M Altruist AUM

Peak Retirement Planning in Columbus, Ohio focuses on what it calls Midwestern millionaires in or near retirement, serving clients virtually across the country. About 96% of its AUM sits at Altruist.

Key Insights

• Altruist AUM: $603.0M, representing 96% of total AUM
• Total AUM: $631.0M
• Client mix by assets: $477.2M from high-net-worth clients (76%) and $153.8M from individuals (24%)
• Advisory clients: 910; average account size of about $171,707
• Team: 22 employees, including 14 advisory representatives
• Other custodians used: Charles Schwab

3. Odyssey Group Wealth Advisors | $413.8M Altruist AUM

Odyssey Group Wealth Advisors in Lancaster, Pennsylvania helps individuals and families establish goals and pursue them. Roughly 98% of its AUM is reported at Altruist, and the firm runs with a team of six.

Key Insights

• Altruist AUM: $413.8M, representing 98% of total AUM
• Total AUM: $420.9M
• Client mix by assets: $334.7M from high-net-worth clients (80%) and $76.6M from individuals (18%)
• Advisory clients: 245; average account size of about $553,802
• Team: 6 employees, including 4 advisory representatives
• Technology: FMG Suite

4. Hassell Wealth Management | $390.9M Altruist AUM

Hassell Wealth Management in Houma, Louisiana serves pre-retirees, retirees, business owners, and mid-career professionals. Its filings point to essentially all of its AUM sitting at Altruist.

Key Insights

• Altruist AUM: $390.9M, essentially all of its total AUM
• Total AUM: $387.4M
• Client mix by assets: $293.8M from high-net-worth clients (76%) and $93.3M from individuals (24%)
• Advisory clients: 425; average account size of about $315,730
• Team: 9 employees, including 5 advisory representatives
• Other custodians used: Axos, Fidelity
• Technology: Orion, eMoney, NetX Investor, MSCI

5. MDRN Capital | $338.6M Altruist AUM

MDRN Capital in Annapolis, Maryland is a full-service virtual retirement planning firm. All of its reported AUM is at Altruist, and with 36 employees it is one of the larger teams here.

Key Insights

• Altruist AUM: $338.6M, essentially all of its total AUM
• Total AUM: $338.6M
• Client mix by assets: $280.5M from high-net-worth clients (83%) and $58.2M from individuals (17%)
• Advisory clients: 569; average account size of about $171,285
• Team: 36 employees, including 29 advisory representatives
• Technology: Potomac platform

6. Financial Plans & Strategies, Inc. | $320.9M Altruist AUM

Financial Plans & Strategies in Greenwood, Indiana has served families, individuals, business owners, and multigenerational households since 1998. About $321 million of its roughly $611 million in AUM is held at Altruist.

Key Insights

• Altruist AUM: $320.9M, representing 53% of total AUM
• Total AUM: $610.6M
• Client mix by assets: $402.6M from high-net-worth clients (66%) and $208.0M from individuals (34%)
• Advisory clients: 1,081; average account size of about $564,848
• Team: 12 employees, including 6 advisory representatives
• Other custodians used: Charles Schwab
• Technology: eMoney, FMG Suite

7. Mardin Capital Group | $306.2M Altruist AUM

Mardin Capital Group in Rye, New Hampshire works with professionals and multigenerational families. All of its reported AUM is at Altruist, and individual clients account for most of its assets.

Key Insights

• Altruist AUM: $306.2M, essentially all of its total AUM
• Total AUM: $306.2M
• Client mix by assets: $72.1M from high-net-worth clients (24%) and $234.0M from individuals (76%)
• Advisory clients: 238; average account size of about $463,869
• Team: 6 employees, including 3 advisory representatives
• Other custodians used: Capital Group
• Technology: eMoney, Twenty Over Ten

8. Tencap Wealth Coaching | $280.2M Altruist AUM

Tencap Wealth Coaching in South Jordan, Utah serves high-income professionals, business owners, executives, and pre-retirees. About 98% of its AUM is reported at Altruist across more than 770 clients.

Key Insights

• Altruist AUM: $280.2M, representing 98% of total AUM
• Total AUM: $285.0M
• Client mix by assets: $138.8M from high-net-worth clients (49%) and $136.2M from individuals (48%)
• Advisory clients: 773; average account size of about $136,572
• Team: 7 employees, including 8 advisory representatives
• Other custodians used: Charles Schwab

9. Gold Medal Waters, Inc. | $264.9M Altruist AUM

Gold Medal Waters in Boulder, Colorado works with high-income earners, physicians, and business owners. Roughly 93% of its AUM is reported at Altruist.

Key Insights

• Altruist AUM: $264.9M, representing 93% of total AUM
• Total AUM: $285.6M
• Client mix by assets: $263.9M from high-net-worth clients (92%) and $14.9M from individuals (5%)
• Advisory clients: 145; average account size of about $428,888
• Team: 5 employees, including 3 advisory representatives
• Technology: HubSpot (CRM), Nitrogen

10. Red Spruce Capital, LLC | $256.9M Altruist AUM

Red Spruce Capital in Berwyn, Pennsylvania serves individuals, families, businesses, and trusts. All of its reported AUM is at Altruist.

Key Insights

• Altruist AUM: $256.9M, essentially all of its total AUM
• Total AUM: $256.9M
• Client mix by assets: $230.5M from high-net-worth clients (90%) and $26.3M from individuals (10%)
• Advisory clients: 143; average account size of about $812,993
• Team: 4 employees, including 4 advisory representatives
• Technology: Black Diamond

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11. EvoAdvisors | $253.3M Altruist AUM

EvoAdvisors in Richmond, Virginia is a fee-only fiduciary serving individuals, families, and businesses, including 401(k) plan advisory. About 75% of its AUM is reported at Altruist.

Key Insights

• Altruist AUM: $253.3M, representing 75% of total AUM
• Total AUM: $337.2M
• Client mix by assets: $300.6M from high-net-worth clients (89%) and $36.2M from individuals (11%)
• Advisory clients: 169; average account size of about $340,239
• Team: 7 employees, including 5 advisory representatives

12. Drucker Wealth | $252.7M Altruist AUM

Drucker Wealth, headquartered in Mahwah, New Jersey with additional offices including one in New York City, serves mid-career professionals, pre-retirees, and technology-company employees. Altruist represents roughly $253 million of a firm with about $891 million in total AUM.

Key Insights

• Altruist AUM: $252.7M, representing 28% of total AUM
• Total AUM: $891.2M
• Client mix by assets: $734.0M from high-net-worth clients (82%) and $127.5M from individuals (14%)
• Advisory clients: 614; average account size of about $330,302
• Team: 12 employees, including 5 advisory representatives
• Other custodians used: Fidelity
• Technology: Pontera

13. Liberty Forge LLC | $250.8M Altruist AUM

Liberty Forge, which operates in Boston and markets under the Civic Financial name, serves a select group of individuals and families. All of its reported AUM is at Altruist.

Key Insights

• Altruist AUM: $250.8M, essentially all of its total AUM
• Total AUM: $250.8M
• Client mix by assets: $238.3M from high-net-worth clients (95%) and $12.5M from individuals (5%)
• Advisory clients: 198; average account size of about $700,565
• Team: 9 employees, including 6 advisory representatives
• Technology: Pontera

14. Mokan Wealth Management | $250.3M Altruist AUM

Mokan Wealth Management in Overland Park, Kansas focuses on couples within about ten years of retirement who hold significant balances in 401(k)s and IRAs. All of its reported AUM is at Altruist, managed by a four-person team.

Key Insights

• Altruist AUM: $250.3M, essentially all of its total AUM
• Total AUM: $250.3M
• Client mix by assets: $201.3M from high-net-worth clients (80%) and $49.1M from individuals (20%)
• Advisory clients: 173; average account size of about $355,593
• Team: 4 employees, including 2 advisory representatives
• Technology: Revisor, MailChimp

15. Griffin Black, LLC | $240.5M Altruist AUM

Griffin Black in Redwood City, California serves executives, professionals, and entrepreneurs, including Indian Americans and Americans living in India. About two thirds of its AUM is reported at Altruist.

Key Insights

• Altruist AUM: $240.5M, representing 68% of total AUM
• Total AUM: $355.5M
• Client mix by assets: $312.7M from high-net-worth clients (88%) and $35.4M from individuals (10%)
• Advisory clients: 172; average account size of about $509,335
• Team: 9 employees, including 4 advisory representatives
• Other custodians used: Pershing, Charles Schwab

16. Birch Financial Group | $237.3M Altruist AUM

Birch Financial Group in Keene, New Hampshire provides full-service planning to New Hampshire professionals. About 90% of its AUM is at Altruist, handled by a two-person team.

Key Insights

• Altruist AUM: $237.3M, representing 90% of total AUM
• Total AUM: $264.7M
• Client mix by assets: $219.9M from high-net-worth clients (83%) and $44.7M from individuals (17%)
• Advisory clients: 192; average account size of about $405,964
• Team: 2 employees, including 2 advisory representatives
• Other custodians used: Charles Schwab
• Technology: Pontera, Wealth.com

17. Nikulski Financial, Inc. | $236.1M Altruist AUM

Nikulski Financial in Bettendorf, Iowa serves families and local businesses across the Quad Cities. About half of its roughly $449 million in AUM is reported at Altruist.

Key Insights

• Altruist AUM: $236.1M, representing 53% of total AUM
• Total AUM: $449.0M
• Client mix by assets: $338.7M from high-net-worth clients (75%) and $103.3M from individuals (23%)
• Advisory clients: 476; average account size of about $945,216
• Team: 10 employees, including 8 advisory representatives
• Other custodians used: Charles Schwab
• Technology: Salesforce (CRM), Orion, eMoney, Nitrogen, Morningstar, Fee Only Network

18. Kiplinger Wealth Advisors | $222.7M Altruist AUM

Kiplinger Wealth Advisors in Springboro, Ohio serves near-retirees, retirees, high-net-worth families, and 401(k) participants. About 85% of its AUM is reported at Altruist.

Key Insights

• Altruist AUM: $222.7M, representing 85% of total AUM
• Total AUM: $261.7M
• Client mix by assets: $131.7M from high-net-worth clients (50%) and $129.9M from individuals (50%)
• Advisory clients: 434; average account size of about $237,230
• Team: 5 employees, including 5 advisory representatives
• Other custodians used: Charles Schwab
• Technology: Pontera, RightCapital, FMG Suite

19. Bull Oak Capital, LLC | $196.2M Altruist AUM

Bull Oak Capital in Rancho Santa Fe, California is a fee-only fiduciary serving individuals and families approaching or in retirement and high-income earners. About 75% of its AUM is at Altruist, and the firm pairs it with Wealthbox and Advyzon.

Key Insights

• Altruist AUM: $196.2M, representing 75% of total AUM
• Total AUM: $261.6M
• Client mix by assets: $260.6M from high-net-worth clients (100%) and $1.0M from individuals (0%)
• Advisory clients: 125; average account size of about $659,065
• Team: 7 employees, including 5 advisory representatives
• Other custodians used: Charles Schwab, Merrill Lynch, Morgan Stanley
• Technology: Wealthbox (CRM), Advyzon

20. Windle Wealth | $194.7M Altruist AUM

Windle Wealth in Oklahoma City, Oklahoma serves families, individuals, physicians, executives, and business owners. About 78% of its AUM is reported at Altruist, handled by a lean team of three.

Key Insights

• Altruist AUM: $194.7M, representing 78% of total AUM
• Total AUM: $251.0M
• Client mix by assets: $144.3M from high-net-worth clients (57%) and $71.1M from individuals (28%)
• Advisory clients: 399; average account size of about $245,642
• Team: 3 employees, including 2 advisory representatives
• Other custodians used: Charles Schwab
• Technology: Pontera, Wealth.com, Twenty Over Ten

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Altruist AUM Across the Top 20: Key Insights

Together, these 20 firms report about $6.6 billion in assets at Altruist, with a median of roughly $255 million per firm.

Altruist is often the primary custodian rather than a side account. Fifteen of the 20 firms hold at least 75% of their total AUM at Altruist, ten hold 90% or more, and six report nearly all of their assets there.

These are lean practices. Eighteen of the 20 firms have fewer than 25 employees, and several run with teams of fewer than five. That fits the platform's appeal to firms that want to scale without heavy operations.

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Altruist's Growing Presence in the RIA Industry

In August 2026, Vanguard announced an agreement to acquire Altruist, which it first backed as an investor in 2020. According to Vanguard's announcement, Altruist is expected to operate as a standalone business with its leadership, brand, and advisor focus intact, and the deal is expected to close later in 2026 pending regulatory approvals. Vanguard did not disclose the price, but Financial Planning reported a deal value of more than $4 billion, and InvestmentNews covered the strategy behind it.

 Beyond the deal, custodian choice is shifting as younger, technology-oriented firms enter the market and established practices reconsider their infrastructure. Altruist is increasingly part of that conversation, and the firms above show that it is no longer limited to startups. Several have more than $300 million in assets on the platform, and the largest approaches $1.1 billion. To see how this fits with demographic change across the industry, read our Advisor Demographics Report.

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Closing Thoughts

For independent RIAs, the custodian relationship shapes cost, client experience, and growth capacity. Altruist gives small teams access to institutional-quality tools without a large operational footprint, which helps them compete for clients against larger firms. For vendors and asset managers, the firms that adopt it early are often the same advisors who are open to new products, new data, and new partners.

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About AdvizorPro

AdvizorPro is the advisor intelligence platform built for asset managers, ETF issuers, wealthtechs, and distribution teams that need to identify, prioritize, and engage financial advisors. With verified data across 750,000+ RIAs, family offices, and broker-dealers - combined with AI-powered lead scoring, TrafficIQ visitor intelligence, native CRM integrations, and now direct connectivity to Claude and ChatGPT - AdvizorPro powers the go-to-market strategies of leading firms across the wealth management ecosystem.

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