Altruvista LLC
Assets Under Management
N/A
Number of Clients
Not reported
Number of Advisors
1
Average Client AUM
N/A
AUM per Advisor
N/A
Compensation
N/A
About This Firm
AltruVista LLC is a registered investment adviser that operates as a solicitor, referring potential clients to unaffiliated registered investment advisers. They do not provide investment advisory services directly, but receive a portion of the unaffiliated adviser's fees as compensation for referrals. The firm's principal is Ali Nasser.
Fee Structure
AltruVista LLC receives a portion of the advisory fees (up to 50%) that clients pay to the unaffiliated registered investment adviser as compensation for the referral. This fee is ongoing as long as the client remains with the unaffiliated adviser. A conflict of interest exists because AltruVista has an incentive to recommend the unaffiliated adviser. A person affiliated with the firm is also a Registered Representative with Valmark Securities, Inc., and may receive commissions from the sale of investment products or insurance products, which presents a conflict of interest.
Areas of Practice
Location
3555 Timmons Lane, Suite 915, Houston, TX, 77027