Altruist Wealth Management

Altruist Wealth Management is an independent, fee-only advisory firm that works primarily with high-net-worth individuals and charitable organizations, offering discretionary investment management alongside comprehensive wealth management and both ongoing and project-based financial planning. The firm manages a small number of client relationships and provides personalized portfolio oversight and planning tailored to each client’s circumstances.

The firm’s investment approach is grounded in modern portfolio theory and typically uses passive index funds and ETFs as core building blocks while also employing separately managed accounts, outside managers, direct indexing, and factor- or ESG-focused strategies when appropriate. It operates on a fixed-fee advisory model rather than charging percentage-of-assets fees, does not accept commissions, and implements portfolios on a discretionary basis with regular monitoring of outside managers and sub-advisors.

Distinctive attributes include the boutique scale of the practice combined with access to institutional custodial platforms and third‑party manager integrations that facilitate use of SMAs and digital account tools uncommon for firms of this size. The firm’s brochure also discloses that its principal maintains leadership roles in nonprofit organizations focused on Sudden Unexplained Death in Childhood (SUDC), which the firm notes as a potential conflict if clients are solicited to donate and describes mitigations such as voluntary donation practices.