What are Move Money Authorizations?

Altruist offers the option of allowing your financial advisor to move money on your behalf.

Let Us Help With Move Money Requests

• Grant Authorization - Your Financial Advisor will send you a digital Letter of Authorization to move money to and/or from Altruist brokerage accounts and linked bank account(s), as well as to complete internal transfers between your Altruist accounts.
• Once you approve the authorization request, your advisor can create one-time and recurring ACH/internal cash transfers on your behalf.
• Notifications - You will receive an email notification when a transfer is scheduled on your behalf. Advisors will also receive email notifications when deposits and withdrawals are completed and if scheduled transfers are canceled.

Both advisors and clients will have the ability to view and revoke transfer authorizations at any time.