Gerber Kawasaki Wealth & Investment Management has chosen the wealth management solution. From Altruist to help it in the next stage of growth and development of its services. This will help it streamline its services and improve technology in the key areas of its advisory services. The registered investment advisor, based out of Santa Monica, manages over $4 billion in client assets. It selected Altruist due to its enterprise-ready custodial infrastructure and self-clearing solution.
“We’re entering a rapid growth phase, and Altruist is the partner to help us scale,” said Ross Gerber, CEO and President of Gerber Kawasaki. “As part of this transition, we’re moving all new business to Altruist to streamline operations and accelerate our path to $10 billion.”
“As we grow, we’re focused on deepening the difference we can make in the lives of our current and future clients. Altruist and Hazel are central to that effort,” said Danilo Kawasaki, VP and COO of Gerber Kawasaki.
Technology Integration to Enhance Client Services
In addition, Gerber Kawasaki will utilize the fractional share trading functionality and the latest technology offered by Altruist. This is intended to streamline operations, increase efficiency, and provide more services for clients. The company will also utilize Hazel, an AI-driven platform offered by Altruist, to provide more high-impact services. Such as tax planning for clients. The new custodial relationship will enable Gerber Kawasaki to innovate even more and serve more clients efficiently.
“Gerber Kawasaki has built a firm defined by exceptional client service across the wealth spectrum, a strong investment in its people and culture, and a clear commitment to Los Angeles, the community we both call home,” said Jason Wenk, Founder and CEO of Altruist. “We’re proud to stand alongside them as they scale and provide the tools they need to foster the relationships at the heart of their success.”
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News Source: Businesswire.com
