Altruist, a Los Angeles-based provider of an integrated digital brokerage platform for financial advisors, raised $8.5m in Series A funding round.
FINSMES
Altruist, a Los Angeles-based provider of an integrated digital brokerage platform for financial advisors, raised $8.5m in Series A funding round. The round was led by Venrock. As part of the funding, Nick Beim will be joining the Altruist Board of Directors. The company intends to use the funds to continue to expadn operations and its development efforts. Led by CEO and founder Jason Wenk, Altruist provides a platform that offers advisors commission-free trading, fractional shares, the ability…