This Is Who Companies Call When They Want to Become a Bank

Financial firms are racing to secure US bank charters during Trump’s presidency, with Klaros Group advising at least a dozen of them.

Illustration: Arne Bellstorf for Bloomberg Businessweek

Want to be a bank? Call the Alts.

Michele Alt, her husband, Konrad, and eight other partners at Klaros Group LLC have become the go-to shepherds for the deluge of financial companies newly pursuing US bank charters under the Trump administration and its looser regulations.