Vanguard to Acquire Altruist, Expanding the Reach and Impact of Financial Advice
you are currently viewing:Vanguard to Acquire Altruist, Expanding the Reach and Impact of Financial AdviceAugust 26, 2026-Altruist to operate as a standalone business, extending the "Vanguard effect" to more advisors and their clients through AI-forward wealth technology and custody platform Vanguard and Altruist, an AI-forward wealth technology and custody platform serving financial advisors, announced today that they have entered into a definitive agreement under which Vanguard will acquire Altruist. Altruist combines a purpose-built platform, specialized talent, established advisor relationships, and deep expertise translating advice into better workflows and experiences. Source: Vanguard |
August 18, 2026-Strategy update positions WGMI to capture the build-out of the energy and compute backbone behind bitcoin and artificial intelligence, anchored in the listed bitcoin miners that already operate it.
August 18, 2026- XFUNDS, a leading provider of actively managed ETFs, today announced the launch of the XFUNDS 1-3 Month BOX ETF (NASDAQ: XCSH).
Designed as a cash management solution, XCSH seeks to deliver investment results, before fees and expenses, that equal or exceed the performance of the one to three month U.S. Treasury bill market.Rather than investing primarily in Treasury bills, XCSH seeks exposure to short-term interest rates through box spreads.
August 18, 2026--The Nasdaq announced it will begin trading US stocks for nearly 23 hours a day from Sunday 6 December onwards.
The move, still subject to SEC approval, means Nasdaq's trading day will stretch from Sunday evening to Friday evening with barely a pause.