Altruist Adds Real-Time Custodial Data to AI Platform Hazel, a First for Wealth Management

AI Summary

• →Altruist has integrated real-time custodial data — including account, beneficiary, household, holdings, and balance information — into Hazel, its AI platform for independent RIAs, marking what it claims is an industry first.
• →Hazel can now perform household-level concentration analysis, surface asset-class or sector exposure, and run beneficiary summaries in seconds using live custodial records.
• →The platform also unifies CRM, email, and meeting notes alongside this custodial data.
• →Altruist CEO Jason Wenk stated plans to extend Hazel with additional custodian integrations and the ability to initiate actions directly on Altruist from within Hazel.
• →Hazel is available as a standalone platform with a free trial and is designed to serve advisors regardless of where they custody assets.