StratiFi joins forces with Altruist

Users of either platform will now have access to tools from both solutions


StratiFi, a risk management platform that provides wealth management firms and industry professionals with solutions for portfolio risk analysis, client risk profiling and compliance, recently announced a partnership with Altruist, a platform designed to help financial advisors achieve better outcomes.

Through the partnership, users of either platform will have access to tools from both solutions.

“This strategic partnership is yet another signal that StratiFi is committed to not only advancing risk and compliance tools but also creating innovative partnerships that advance the entirety of

the wealth management space,” said StratiFi CEO Akhil Lodha in a press release. “Together with Altruist, we will redefine how wealth managers grow their practices while averting risk and remaining compliant.”

StratiFi’s risk platform provides solutions for financial advisors, investment managers and compliance officers at RIAs, independent broker-dealers, family offices and more. Thepartnership with Altruist gives users of StratiFi access to software for account opening,trading, reporting and billing.

Conversely, Altruist clients can integrate positions, accounts and client records from Altruist into StratiFi’s platform, allowing them to analyze and manage risk across client portfolios.

“Risk assessment and regulatory compliance are two of the biggest challenges for RIAs,” said Altruist Chief Product Officer Harpreet Ahluwalia. “StratiFi’s all-in-one platform empowers advisors to tackle both at the same time, making it easy to develop risk-appropriate client strategies and unlock greater portfolio performance. This exciting integration empowers RIAs to do their best work and ultimately helps clients get more from their money.”

Earlier this year, StratiFi announced a partnership with iQUANT, which provides proprietary risk management strategies and investment models.