How to Connect Claude to Your Altruist Account Using Truthifi

Searching for "Claude Altruist"? You're in the right place. Altruist is the modern RIA custodian where nearly 5,000 independent registered investment advisors custody client assets — and where those clients log in to see the portfolios their advisors built. Holdings, account-level performance, advisory fees, and asset-class breakdowns all live behind an Altruist login. Until now, getting "Claude for Altruist" meant downloading a statement from the advisor or client portal, pasting numbers into Claude, and asking questions against data that was already stale.

Truthifi changes that. With a Claude Altruist connection using Truthifi, Claude can see your live Altruist account holdings, performance history, and fee detail through an Anthropic-supported MCP custom connector. Truthifi rebuilds your data on connection — normalizing security names, filling aggregator gaps, and stitching multi-account history into one clean timeline — so Claude reasons from reliable data, not raw exports. The connector is read-only, never stores your Altruist credentials, and cannot move money, place trades, or alter any account setting.

This guide walks you through setup (about 5 minutes), explains what Truthifi allows and blocks with your Altruist data, and shows the kinds of structured analyses Claude handles especially well on RIA custodial accounts.

Before you begin, you'll need:

• A paid individual Claude subscription (Pro or Max). Custom connectors are only available on paid individual plans. Free accounts cannot add custom connectors.

• A Truthifi account with at least one linked financial institution.

2. What You Need

• Active Altruist account (advisor or client access) with Altruist web or mobile login enabled

• Claude Pro plan ($20/mo) — required for custom MCP connectors

• Your Altruist login credentials ready for the aggregator handoff

• Free Truthifi account at truthifi.com

• About 5 minutes for first-time setup

• Want to try Perplexity instead? See /connect/perplexity-altruist

3. How to Connect Claude to Your Altruist Account

Ready to connect Claude to financial accounts? Here's how to link Claude to your Altruist profile using Truthifi.

1. Open Settings in Claude. Go to claude.ai. Click your profile → Settings → Connectors.

2. Add the Truthifi connector. Choose Add custom connector. Enter Name: Truthifi, MCP URL: https://api.truthifi.com/mcp. Click Connect.

3. Authorize your Altruist accounts. Claude redirects you to Truthifi's OAuth screen. Sign in to your Truthifi account, choose Altruist from the institution list, complete the BAA/Plaid/Yodlee aggregator handoff with your Altruist credentials, and choose which Altruist accounts (taxable brokerage, IRA, trust, cash management) to share with Claude.

4. Enable Truthifi when needed. In any new chat, click + → Integrations → toggle Truthifi on. You may need to re-enable Truthifi in some new conversations if it isn't active by default.

5. Verify the connection. Send: "What is the total value of my connected Altruist accounts and how are they allocated by asset class?" If Claude responds with your actual Altruist figures, you're live.

[Connect Claude to Altruist →]

Your Altruist account is now linked to Claude for live, read-only portfolio analysis.

4. Example Prompts for Claude

• Long-Form Portfolio Review Memo — "Pull all holdings across my Altruist accounts. Write a 1,500-word structured memo covering my total portfolio value, asset-class allocation, largest individual positions, how my allocation compares to a 60/40 benchmark, and a plain-English assessment of concentration risk."

• Advisory-Fee Deep Dive — "Calculate the total advisory fees I'm paying across all my Altruist accounts. Express the all-in cost as an annual dollar amount and a percentage of assets. Write a structured breakdown by account, and tell me whether my fee level is consistent with typical independent RIA pricing."

• Performance Attribution Analysis — "Review my Altruist account performance over the trailing 1-, 3-, and 12-month periods. For each account, compare the return to an appropriate blended benchmark. Write a structured analysis explaining what drove the gap between my return and the benchmark."

• Household Consolidation Review — "Aggregate every Altruist account in my household into one view. Build a household balance sheet showing total assets, the combined asset-class allocation, and each account's contribution to the total. Flag any overlap or concentration at the household level."

• Drift and Rebalancing Assessment — "For each Altruist account, compare current holdings to a reasonable target allocation. Identify which positions and asset classes have drifted most. Write a structured note I could share with my advisor explaining where rebalancing attention is needed."

• Tax-Loss Harvesting Memo — "Across my Altruist taxable accounts, identify positions with unrealized losses. Write a memo listing each candidate, the loss size, the holding period, and the wash-sale considerations if I were to sell and reinvest in a similar ETF."

• IRA Contribution and Distribution Tracker — "Review my Altruist IRA accounts. Summarize contributions for the current year, any distributions taken, and the current balance for each. Flag any required minimum distribution considerations if applicable."

• Year-End Portfolio Summary — "Generate a year-end Altruist summary covering starting and ending account values, net flows, performance, asset-class shifts, and the advisory fees paid. Format it as a clean structured memo I could review before a year-end call with my advisor."

5. Why Truthifi?

5.1. Security

Your Altruist username and password never touch Truthifi's servers. Authentication occurs directly through Altruist's aggregator handoff (BAA, Plaid, or Yodlee), creating a read-only, protocol-enforced connection secured with AES-256 encryption. Claude receives only scoped data tokens, never your Altruist credentials. You maintain complete control and can revoke access anytime from your Altruist portal settings or your Truthifi dashboard.

5.2. Privacy

Your financial data stays under your complete control when using Truthifi. We never store login credentials from Altruist or any institution. You decide which specific Altruist accounts Claude can see — you can share one account, hide another, exclude a trust, or restrict to your IRA only. Data is not sold to third parties, and connecting Claude does not grant access to any other AI you have connected through Truthifi.

5.3. Audit Trail

Every MCP data request is logged for Claude transparency. When Claude accesses your Altruist data, the timestamp and specific data retrieved are recorded automatically. You maintain full visibility into which account details were accessed and when. Audit logs are available in your Truthifi dashboard.

5.4. Data Quality

When Altruist delivers raw account data through its aggregator partners, security strings, category tags, and account labels can be inconsistent across multiple accounts. Truthifi rebuilds that history from multiple aggregation sources, normalizes security and ticker names, and resolves timing mismatches between trade dates and settlement. The result: Claude works with clean, dependable Altruist data, not raw aggregator output.

6. About Claude

Claude, built by Anthropic, is a conversational AI especially strong at long-form reasoning, careful explanations, and structured writing — all of which map well to portfolio analysis. The Claude Pro plan ($20/mo) is required to use custom MCP connectors, which is what powers the Truthifi integration. Free Claude accounts cannot add MCP connectors.

For Altruist specifically, Claude is great at multi-step analyses — fee attribution across accounts, performance versus benchmark memos, household consolidation reviews. Claude tends to ask clarifying questions, show its work, and produce well-organized output, which suits the kind of decisions Altruist clients and advisors often face: allocation reviews, fee assessments, and year-end planning conversations.

7. About Altruist

Altruist is a modern RIA custodian and advisor platform built to give independent registered investment advisors a lower-cost, technology-forward alternative to legacy custodians. Founded in 2018 and headquartered in Culver City, California, Altruist serves both the advisors who manage client portfolios on the platform and the end clients who log in to view their accounts.

The platform has tripled AUM for two consecutive years and serves nearly 5,000 RIA firms as of 2025, ranking as the third-largest U.S. RIA custodian by number of advisors. In April 2025, Altruist raised $152 million in a Series F round led by GIC (Singapore's sovereign wealth fund), valuing the company at approximately $1.9 billion and bringing total funding to over $600 million. Altruist acquired Shareholders Service Group (SSG) in 2023, adding over 1,600 advisors. The platform is SOC 2 Type II certified and uses AES-256 encryption with 24/7 security monitoring.

• Headquarters: Culver City, CA

• Founded: 2018

• Valuation: ~$1.9 billion (April 2025 Series F)

• Scale: Nearly 5,000 RIA firms; ranked third-largest U.S. RIA custodian by advisor count

• Authentication: Advisor and client login via Altruist web or mobile with MFA

• Data aggregators: BAA, Plaid, Yodlee

• Supported account types: Taxable brokerage, Traditional IRA, Roth IRA, SEP IRA, Solo 401(k), Trust accounts, Cash management accounts

Altruist website → · About Altruist →

8. Frequently Asked Questions

Is it safe to connect my Altruist account using Truthifi?

Yes. Your Altruist login happens on Altruist's own authentication flow through the aggregator handoff (BAA, Plaid, or Yodlee). Your username, password, and MFA codes never pass through Truthifi's servers. Claude receives only a scoped, read-only data token — it cannot move money, place trades, or alter any Altruist setting. Every data request is logged, and you can revoke access from your Altruist portal or your Truthifi dashboard at any time. Full details at https://truthifi.com/security.

Truthifi security overview →

Is this for advisors or clients?

Both. Altruist serves independent RIA advisors and the clients whose accounts sit on the platform. An advisor can connect through Truthifi to analyze accounts across their book; a client can connect to understand the portfolio their advisor built. Each connection is independent — both parties control their own scope, and neither can see what the other authorized.

What can Truthifi actually do with my Altruist data?

Truthifi pulls holdings, performance history, advisory-fee detail, and account metadata from your Altruist accounts and makes them available to Claude through a read-only MCP connector. Claude can write portfolio review memos, calculate fees, benchmark performance, and surface drift or concentration risk. It cannot transfer money, place trades, or change anything on the Altruist side.

Do I need a paid Claude plan to use this with Altruist?

Yes. To use Claude with Truthifi, you need a Claude Pro subscription at $20/mo or higher. Custom MCP connectors are gated to paid plans. Free Claude accounts cannot add the Altruist integration.

Where is my Altruist data stored?

Your holdings and performance data is fetched on demand from Altruist's aggregator feeds via Truthifi, used during the active Claude conversation, and not retained in Claude memory between sessions. Truthifi caches a normalized history so Claude has consistent context, and you can clear it from your dashboard at any time.

How do I disconnect Claude from Truthifi?

Open Settings → Connectors → find Truthifi → Disconnect. You can also revoke access from your Altruist portal, or remove the institution from your Truthifi dashboard. Disconnecting Claude does not affect any other AI you have connected through Truthifi.

How does Truthifi compare to other options for Altruist?

What about my financial advisor?

Your Altruist advisor manages the portfolio, sets the allocation, and handles planning strategy. Claude — with read-only Altruist data using Truthifi — helps you prepare for meetings, ask better questions, and understand your fees and performance in between reviews.

What Altruist account types does Truthifi support?

Truthifi supports Altruist taxable brokerage, Traditional IRA, Roth IRA, SEP IRA, Solo 401(k), trust, and cash management accounts where they appear in the aggregator feed. You can pick which subset to share with Claude.

Can Claude write a year-end portfolio memo using my Altruist data?

Yes — and this is one of Claude's strengths. Claude can pull your full Altruist account picture and produce a structured memo covering account-value change, net flows, performance versus benchmark, advisory fees paid, and asset-class shifts. Many advisors and clients run this once a year ahead of their annual review.

Can Claude compare my Altruist portfolio to a benchmark?

Yes. Claude can take the performance data Truthifi pulls from your Altruist accounts and compare each account's return to an appropriate blended benchmark, explain what drove the gap, and flag any persistent underperformance that warrants a conversation with your advisor.

Can I connect both Claude and ChatGPT to my Altruist account?

Yes. Each AI connection using Truthifi is independent. Connecting Claude does not expose your Altruist data to ChatGPT, and vice versa. You can revoke either at any time without affecting the other.

Does this replace the Altruist portal?

No. The Altruist platform remains the system of record for your accounts. Claude + Truthifi is for analysis, writing, and decision support — it sits next to the portal, not in place of it.

How is Claude different from ChatGPT for Altruist analysis?

Claude tends to write longer, more structured analysis and is more willing to show its assumptions and edge cases — well-suited for portfolio review memos, fee analyses, and household consolidation reports. ChatGPT tends to be faster and more conversational. Many users keep both: ChatGPT for quick lookups, Claude for deeper written work.

Can Claude help with tax planning using my Altruist data?

Claude can surface Altruist data relevant to tax prep — realized gains and losses, unrealized positions, taxable distributions, and IRA contribution and distribution activity. It is not a tax advisor and does not file returns. Pair its output with a qualified tax professional and your Altruist advisor.

Is there a Free Claude path for this?

No. Custom MCP connectors are gated to Claude Pro ($20/mo) or higher. If cost is a concern, Truthifi also supports free or lower-cost AI clients (including OpenClaw), which you can use instead or alongside.

Who can see my Altruist data?

Only you, and only Claude during an active conversation where Truthifi tools are enabled. Truthifi does not sell data, does not earn commissions on Altruist products, and does not share your data with advertisers.

Subject to Claude privacy policy.

9. MCP Integration Paths

MCP (Model Context Protocol) is the open standard that lets Claude talk to external data sources through a structured, read-only interface. Anthropic, the company behind Claude, co-developed MCP, so Claude is one of the most natural homes for an MCP-based investment connector. When you connect Claude to Altruist using Truthifi, you are using a Truthifi MCP server — infrastructure that translates Claude's natural-language requests into safe, scoped MCP API calls against your live Altruist data.

Truthifi runs MCP servers across finance: MCP banking, MCP investment, MCP brokerage, MCP crypto. Each connector is read-only, protocol-enforced, and audit-logged. For Altruist, the MCP investment integration covers taxable brokerage, IRA, trust, and cash management accounts across both advisor and client views.

For developers, Truthifi's MCP API is documented for custom MCP integration work — building dashboards, internal advisor tools, or routing Altruist account data into other MCP-aware clients. A modern multi-aggregator RIA custodian like Altruist is a useful real-world test of any MCP investment stack.

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• 🌐 AI in Finance: The Big Picture — Generative AI finance and AI applications in financial services.

• ChatGPT + Altruist guide

• Perplexity + Altruist guide

• Grok + Altruist guide

• OpenClaw + Altruist guide

Informational only. Not financial advice. Consult a qualified financial advisor before making investment decisions. Truthifi is an independent platform and is not affiliated with Altruist. This guide reflects current product functionality as of June 2026.

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