Vanguard agreed to buy financial adviser platform Altruist for about $4 billion

The deal would give the $12 trillion asset manager a larger foothold in independent financial advice through Altruist's custody and technology platform

Aug 26 : Vanguard Group said on Wednesday it would acquire fintech platform Altruist, giving the asset manager greater access to independent financial advisers and expanding its wealth-management capabilities.Here are some more details:• While the terms of the deal were not disclosed, the Wall Street Journal said the t

Exclusive | Vanguard Buys Wealth Management Platform Altruist in $4 Billion Deal  WSJ