Description of AltruVista, LLC AltruVista, LLC ("AltruVista") is an independent Registered Investment Advisory firm based in Houston, Texas. AltruVista is owned and led by Principal Ali Nasser. AltruVista, LLC provides comprehensive wealth planning and asset management services for high-net-worth clients (business owners, executives, investors and families).
As of December 31, 2023, AltruVista managed $292,417,199 in client assets on a discretionary basis, and $9,998,908 on a non-discretionary basis.
Scope of Services AltruVista is an independent wealth advisory firm providing comprehensive wealth planning and asset management services to high-net-worth clients (business owners, executives, investors and families). Some clients engage AltruVista for planning or consulting services that may or may not be directly related to securities or portfolios. Other clients engage AltruVista for both consulting services, as well as implementation of asset management or financial services. Clients of AltruVista receive selected services based on their chosen service model. Services can include: business & family succession planning; high level investment strategy; liquidity and cash flow planning; asset protection and risk management; lifestyle & legacy strategy; lifetime tax planning; collaboration with outside advisors. Regardless of services, AltruVista provides all recommendations as a fiduciary, representing the client's best interest. AltruVista, LLC starts each client engagement with a comprehensive financial plan, and gives clients the choice to implement their recommendations at a firm of their choosing, or through AltruVista, LLC.
Financial Planning AltruVista, LLC offers independent and holistic financial planning that is unique to the desires and goals of each client. AltruVista, LLC assists the client in crystallizing their goals, identifying gaps, educating on appropriate strategies, and implementing an action plan. Planning services can fall into many categories depending on the client and engagement. Services include, but are not limited to:
•Estate planning
•Cash flow planning
•Investment planning
•Asset protection planning
•Tax strategy planning
•Business succession or exit planning
•Retirement planning
•Charitable planning
•Education planning
•Risk management & Insurance planning
•Liquidity planning We typically (depending on engagement) work with the clients' team of professional advisors (Attorneys, CPAs, etc.) to collaborate on strategy. Once a plan is designed, the client is under no obligation to implement transactions through AltruVista, LLC and can choose the source through which to implement financial recommendations. 4 Advice Through Consultations Not Involving Securities As mentioned above, AltruVista, LLC also provides other advice that does not pertain to securities. These services can include, but are not limited to, strategic planning around various financially related decisions. (See Financial Planning list above for areas of consulting.) Fees are determined through a combination of complexity of the planning, volume of work, resources, and overall net worth.
Asset Management Services and Arrangements AltruVista, LLC provides investment advisory services to clients in connection with a comprehensive and customized investment plan based on the clients unique investments objectives, risk tolerance, asset allocation, tax status, existing securities, time horizon, and any other influencing factors. The investment plan results in the creation of an IPS (Investment Policy Statement).
If you participate in our discretionary asset management services, we require you to grant us discretionary authority to manage your account. Subject to a grant of discretionary authorization, we have the authority and responsibility to formulate investment strategies on your behalf. Discretionary authorization will allow us to determine the specific securities, and the amount of securities, to be purchased or sold for your account without obtaining your approval prior to each transaction. We will also have discretion over the broker or dealer to be used for securities transactions in your account. Discretionary authority is typically granted by the investment advisory agreement

you sign with our firm, a power of attorney, or trading authorization forms.
Implementation of the asset management services are provided on a limited discretionary basis, consistent with the IPS, and primarily utilize mutual funds or ETFs. AltruVista, LLC utilizes TD Ameritrade as a primary custodian for client assets. AltruVista, LLC can also manage assets on a non- discretionary basis on behalf of our clients. Under select circumstances, we may also identify and monitor appropriate unaffiliated Third-Party Money Managers who will implement trading strategies for our clients. Any Third Party Money Manager utilized by AltruVista, LLC will be: party to an executed Agreement with AltruVista; subject to a due diligence review; licensed as an investment advisor with the SEC and/or the appropriate state; and, will provide its own ADV Part 2A disclosure document and client agreement to each client describing its services, compensation arrangements and any potential conflicts of interest.
Model Portfolios As part of our asset management services, in addition to other types of investments, we may invest your assets according to one or more model portfolios developed by our firm. One of the model portfolios we offer is the business owners fund liquidity model portfolio. The term 'fund' is used to market the business owners fund liquidity model portfolio and is not a 'fund' or 'security' under the Investment Advisers Act of 1940. The model portfolio is designed to provide a low cost, low risk, and liquid portfolio with a primary focus on principal preservation and earning interest. All initial and subsequent deposits will be invested in the target portfolio. Where applicable, investments will be set to automatically reinvest dividends and capital gains. Clients whose assets are invested in model portfolios may not set restrictions on the specific holdings or allocations within the model, nor the types of securities that can be purchased in the model. Education Standards Investment Advisor Representatives of AltruVista, LLC are expected to have the business and education backgrounds necessary to perform their jobs effectively. Examples include an appropriate academic background, possessing professional licenses such as the series 65 (Investment Adviser), or earning the Certified Financial Planner ("CFP"), Chartered Financial Analyst ("CFA") and/or other equivalent designations. All Investment Advisor Representatives will keep current by maintaining at least 30 hours of continuing education credits every 2 years including required training in ethics.
5 IRA Rollover Recommendations Effective December 20, 2021 (or such later date as the US Department of Labor ("DOL") Field Assistance Bulletin 2018-02 ceases to be in effect), for purposes of complying with the DOL's Prohibited Transaction Exemption 2020-02 ("PTE 2020-02") where applicable, we are providing the following acknowledgment to you. When we provide investment advice to you regarding your retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best interest and not put our interest ahead of yours. Under this special rule's provisions, we must:
•Meet a professional standard of care when making investment recommendations (give prudent advice);
•Never put our financial interests ahead of yours when making recommendations (give loyal advice);
•Avoid misleading statements about conflicts of interest, fees, and investments;
•Follow policies and procedures designed to ensure that we give advice that is in your best interest;
•Charge no more than is reasonable for our services; and
•Give you basic information about conflicts of interest. We benefit financially from the rollover of your assets from a retirement account to an account that we manage or provide investment advice, because the assets increase our assets under management and, in turn, our advisory fees. As a fiduciary, we only recommend a rollover when we believe it is in your best interest.