Vanguard's Altruist Deal Tells You Where Custody Is Headed

Published on August 28, 2026

With its acquisition of Altruist, Vanguard just bought its way into a fight it used to sit above.

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More Signs of Growth Across AI and Europe

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This week, our Portfolio Manager Olga Bezrokov sees tentative signs of improvement emerging in Europe, although she cautions that the recovery remains uneven across countries and sectors.

Pete Dorsey Joins State Street as Wealth CRO

August 28, 2026
The former LPL Financial and Altruist executive will lead revenue strategy for the asset manager's custody and clearing business as it expands into wealth services.