T3 founder Joel Bruckenstein was quoted in this article from Wealth Solutions Report, where he analyzes the merger of Vanguard and Altruist, an AI-based wealthtech and custodial firm. Bruckenstein said he was not surprised by the acquisition; he was surprised by the price that he heard Vanguard would be paying for Altruist. He expressed guarded optimism about the deal but said it remains to be seen whether synergies between the two companies’ cultures will work out – something that is “not going to happen overnight.”
Read the article: Vanguard To Buy Altruist
