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Wealth Management Startup Altruist Valued at $1.5 Billion-Plus

Wealth management startup Altruist says it has raised $169 million, elevating its valuation to more than $1.5 billion.The company, based in the Los Angeles area, has received an investment led by Iconiq Growth, with participation from Granite Capital Management, Adams Street Partners and Sound Ventures, according to a statement reviewed by Bloomberg News....

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