Internship

Business Intelligence Intern

Summer 2025

Confirmed live in the last 24 hours

Altruist

Altruist

501-1,000 employees

Platform for Registered Investment Advisors' operations

Fintech
Financial Services

Los Angeles, CA, USA

Hybrid work schedule for in-person collaboration.

Category
Business Research
Project Management
Business & Strategy
Required Skills
Python
Data Science
R
SQL
Data Analysis
Requirements
  • At least 1 previous Software Engineering, Data Science, Analyst, Business Intelligence, or similar Internship
  • Ideally looking for a B.A. / B.S. degree in relevant fields such as Data Science, Analytics, or similar
  • Experience with SQL is required, Python and/or R a bonus
  • The pride you put into every aspect of your work is unparalleled and undeniable
  • Intentional dialogue is a superpower. You listen as well as you share your perspective with others.
  • We’re inspired by your unwavering determination to achieve success, no matter the adversity you face along way.
  • Your confidence is brilliant, yet ego-less. You possess a strong knowledge base, the ability to discover the unknown, and are open to differing perspectives.
  • You’re instinctually creative with your approach in finding solutions to roadblocks.
Responsibilities
  • Assists in analyzing and interpreting complex data to provide actionable insights that support business decision-making
  • Works closely with the BI team to develop and maintain reports, dashboards, and data visualizations that help stakeholders understand key performance indicators and market trends

Altruist provides a platform designed for Registered Investment Advisors (RIAs) to improve their operations and client interactions. The platform includes a range of tools such as live chat support, commission-free fractional share trading, a model marketplace, and an automated rebalancer, all aimed at helping RIAs manage their businesses more effectively. This allows them to serve more clients while lowering costs, which can enhance their profit margins. Altruist also features a quick onboarding process and offers valuable investment management information along with original content tailored for independent financial advisors. Unlike many competitors, Altruist offers its services for free, aiming to build a large user base, and generates revenue through a vertically-integrated custodian service that helps RIAs reduce operational costs. The goal of Altruist is to empower RIAs to grow their businesses and enhance the experience they provide to their clients.

Company Stage

Series E

Total Funding

$437.2M

Headquarters

Culver City, California

Founded

N/A

Growth & Insights
Headcount

6 month growth

24%

1 year growth

38%

2 year growth

74%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $169M Series E funding round indicates strong investor confidence and provides Altruist with significant capital to expand its offerings and market reach.
  • Partnerships with leading providers like Orion Advisor Solutions and Kwanti enhance Altruist's platform capabilities, making it more attractive to RIAs.
  • The addition of digital fixed-income trading broadens Altruist's service offerings, potentially attracting a wider range of clients.

What critics are saying

  • Competing against established giants like Schwab and Fidelity in the $128 trillion RIA market poses significant challenges for Altruist.
  • The reliance on a free service model may pressure Altruist's revenue generation if the vertically-integrated custodian service does not scale as expected.

What makes Altruist unique

  • Altruist's platform offers a unique combination of commission-free trading, automated rebalancing, and a model marketplace, setting it apart from traditional RIA platforms.
  • The company's vertically-integrated custodian service provides a seamless experience for RIAs, reducing overhead costs and enhancing operational efficiency.
  • Altruist's strategy of offering services for free to attract a large user base is a bold move in the financial services market, differentiating it from competitors who charge for similar services.

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