Altruist

Douglas A. Boneparth

@dougboneparth

This is your quarterly reminder that I am a real advisor running a real wealth management firm, and I have a big announcement. Bone Fide Wealth has joined @altruist to build the kind of experience our clients both want and deserve. One that’s modern, intuitive, and removes the friction that’s plagued wealth management for far too long. What @jasonwenk and his team have built is truly second to none, and we're excited to grow together. You can read more below.

Holger Zschaepitz

@Schuldensuehner

Tax The "AI Disruption" trade just came for tax planners: Wealth management stocks crashed today after Altruist debuted an AI tool for tax strategies. The market is pricing in a major threat to the middlemen. Raymond James Financial dropped 8.8% for its worst day since March 2020, while Charles Schwab sank 7.4%% and LPL Financial Holdings lost 8.3%, Intuit 3.7%. https://t.co/SVizFsbA5Z

Wall St Engine

@wallstengine

$SCHW $MS Altruist rolled out an AI tax planning feature inside Hazel that reads client docs like 1040s, pay stubs, & statements to generate tax strategies and run what-if scenarios, without manual entry. It’s available to any advisory firm, Hazel is priced at $60 per seat/mo https://t.co/7wUReuMqi8

HustleBitch

@HustleBitch_

🚨 PALANTIR FOUNDER PETER THIEL IS TALKING ABOUT “RESURRECTING THE DEAD” — AND THE WAY HE DESCRIBES THE ANTICHRIST IS SETTING OFF ALARMS This wasn’t random. Thiel brought up a real movement that believed science could “physically resurrect all the dead people” and said there was a time it felt possible. Then he connects it to Christianity: “If the promise of Christianity is a physical resurrection… then science could offer that too.” Then it turns dark. Thiel says: “The slogan of the Antichrist is peace and safety.” “The Antichrist probably presents as a great humanitarian… a great philanthropist… an effective altruist.” Not evil. Not obvious. Trusted. “Perhaps we should fear the Antichrist… more than Armageddon.” Think about that. A man talking about: • Bringing the dead back through science • Recreating religious prophecy • A global figure who gains power by “helping” humanity All in the same breath. And he’s not describing it like a theory. He’s describing it like something that could actually happen. So when someone like this starts laying it out, is he warning you… or telling you what’s coming? If you had to name one person today that fits this… who is it?

Jason Wenk

Founder & CEO

Financial-industry veteran and advisor who founded Altruist in 2018 to modernize the RIA custodian model.

COO and Chief Compliance Officer; joined Altruist in 2019 after senior roles at Aspiration and PIMCO.