Case Study: Intrepid Wealth Partners reduces client fees and boosts earnings with Altruist

Derek Notman increased revenue while saving clients up to 50%

Intrepid Wealth Partners, a financial advisory firm founded by Derek Notman, faced the challenge of high operational fees paid to its previous broker-dealer and asset management platform. These costs significantly reduced the firm's earnings and created administrative burdens that detracted from client-focused planning. Seeking greater independence and profitability, the firm switched to the Altruist platform.

By implementing Altruist’s integrated custody solution, Intrepid Wealth Partners was able to streamline investment management and drastically reduce costs. The solution provided digital onboarding, trading, reporting, and billing, alongside access to preferred asset managers. This allowed the firm to stop discounting its fees; Derek Notman increased his firm's earnings while simultaneously reducing his clients' fees by 10% to 50%. Clients also benefited from a faster, entirely digital experience.

Intrepid Wealth Partners

Derek Notman

Intrepid Wealth Partners