Skadden is advising Vanguard on its acquisition of Altruist. The transaction is expected to close later this year, subject to customary closing conditions, including receipt of required regulatory approvals.
Vanguard is an investment management company offering investments, advice and retirement services to tens of millions of individual investors around the globe. Altruist is an AI-forward wealth platform and custodian for financial advisors.
The Skadden team includes Todd Freed, Patrick Lewis, Page Griffin, Heather Cruz and Laura Kaufmann.