Vanguard is acquiring Altruist, the AI custody platform for independent advisers. Europe is attacking the same advice gap through regulation instead.

Vanguard is acquiring Altruist in a push to strengthen technology for independent advisors and expand access to financial advice.

Aug 26 : Vanguard Group said on Wednesday it would acquire fintech platform Altruist, giving the asset manager greater access to independent financial advisers and expanding its…