Wilson Sonsini Advises Altruist on Acquisition by Vanguard

Client Highlights

August 26, 2026

On August 26, 2026, Vanguard and Altruist, an AI-forward wealth technology and custody platform serving financial advisors, announced that they have entered into a definitive agreement under which Vanguard will acquire Altruist. Wilson Sonsini Goodrich & Rosati is advising Altruist on the transaction.

Altruist combines a purpose-built platform, specialized talent, established advisor relationships, and deep expertise translating advice into better workflows and experiences. The acquisition will give Altruist greater capacity and long-term support to invest in its advisor technology and custody capabilities, while drawing on Vanguard's reach and investment expertise. Following closing, Altruist is expected to operate as a standalone business, retaining its leadership, brand, advisor focus, and distinct operating model under Vanguard's ownership.

The Wilson Sonsini team that is advising Altruist on the transaction includes:

Mergers & Acquisitions
Ethan Lutske
Jack Hamilton
Ryan Cooper
Erik Lessler
Hayden Stephens

Corporate
Mark Baudler
Melissa Rick
Annie Giomi
Mounika Yepuri

Delaware Corporate
Ryan Greecher
Jason Schoenberg
Mary Katherine O'Boyle

Fintech and Financial Services
Michael McDonald
Alice Cao

Technology Transactions
Christopher Paniewski
Nicole Fontes
Anna Weber
Nicole Boucher

Data, Privacy, and Cybersecurity
Matthew Staples
Michael O'Brien
Dan Shin

Tax
Myra Sutanto Shen
Robert Sherrill

Employee Benefits and Compensation
Brandon Gantus
Jason Chan
Han Bae

Employment Litigation
Matt Gorman
Chimene Cooper

Antitrust and Competition
Ben Labow
Kimberley Biagioli
John Sack

Regulatory
Anne Seymour
Seth Cowell
Grace Beck