Altruist stock $7.84 USD
Private-market facts for current and former Altruist employees researching their stock.
Price per share sourced from public secondary-market data. Updated April 2026. Indicative only — not a live quote.
Overview
Altruist is a modern custodian built for independent financial advisors, offering an all-in-one platform for portfolio management, trading, reporting, and client billing at lower costs.
Altruist outlook
For employees evaluating Altruist equity, a 1x base multiple suggests the stock may be close to fairly valued at current prices. The upside scenario at 2x is relatively close to the base case, suggesting more predictable but narrower range of outcomes.
These estimates reflect modeled return scenarios, not guaranteed outcomes. Actual results depend on company performance, market conditions, share class, and timing.
Selling Altruist shares
Why shareholders consider selling
Shareholders in Altruist may explore liquidity for a number of reasons — diversifying a concentrated position, funding a personal financial goal, or simply reducing exposure to a single private holding. As a private company, Altruist does not trade on a public exchange, meaning employees and early shareholders cannot simply sell through a brokerage. Extended private timelines can leave shareholders waiting years for an exit event, which is why some choose to explore secondary-market options.
Can you sell Altruist stock?
Whether a shareholder can sell typically depends on what they hold and how it was acquired. Vested and exercised shares are generally more straightforward than unexercised options or unvested RSUs. Most private companies, including those in the Fintech sector, impose transfer restrictions such as rights of first refusal or board approval requirements. The specific terms governing Altruist shares would be outlined in the holder's equity agreement or the company's governing documents.
What affects the value of Altruist shares?
The price a buyer is willing to pay for private shares is shaped by several factors: overall demand for the stock, the company's financial performance, broader Fintech market conditions, and any recent private-market transaction activity. Data points such as the company's Series D round, its reported $2B valuation and recent secondary-market pricing can help frame expectations, though they do not guarantee a transaction price.
What should holders check before selling
- The type of security held (common shares, preferred, options, RSUs)
- Whether the equity is fully vested and, for options, whether it has been exercised
- Any transfer restrictions, lock-up provisions, or company approval requirements
- Estimated net proceeds after applicable taxes and transaction fees
- Whether partial liquidity — selling a portion rather than the full position — may be a better fit
Tools for Altruist shareholders
Exploring equity in Altruist often raises questions about taxes, exercise timing, valuation, and exit outcomes. These tools can help you model different decisions using your own assumptions.
Latest funding round
Altruist most recently raised a Series D round in October 2024. The company was valued at $2B. Total funding raised to date is approximately $290M.
Lead investors in this round include Vanguard and Insight Partners.
Founders & company background
Altruist was founded in 2018 by Jason Wenk and is headquartered in Los Angeles, CA.
Investors
Industry
Similar private companies
Latest Altruist news
Frequently asked questions
- Is Altruist still a private company?
- Yes, Altruist is currently a private company.
- What is Altruist's latest funding round?
- Altruist's most recent known round is Series D, raised in October 2024.
- What is Altruist's valuation?
- Altruist's latest reported valuation is $2B.
- Who are the investors in Altruist?
- Notable investors include Vanguard, Insight Partners, Iconiq Capital.
- Can I sell my Altruist stock?
- Private company shares can sometimes be sold on secondary markets. Speaking with a specialist who understands Altruist stock can help you evaluate your options.
Related pages
Last verified: 2026-04-13 · Altruist data compiled from funding disclosures, investor announcements, corporate filings, and public records.
Information on this page is compiled from publicly available sources and may be outdated or incomplete. This is not investment advice. Consult a qualified advisor before making financial decisions.