1109:
158:
27:
309:
Wealthfront charges an advisory fee of 0.25% on funds it invests for its clients. Only investment accounts are charged this fee (cash accounts are not). Wealthfront periodically offers a fee waiver of $ 5,000 if clients sign-up from affiliate links. Additionally, clients can earn a $ 5,000 fee
224:
The company started 2013 with $ 97 million in assets under management and grew by 450% in one year. In 2013, Wealthfront introduced "direct indexing", a tax-loss harvesting platform that purchases the individual securities of an investment portfolio. Between
January 2014 and October 2016,
310:
waiver for new client referrals; the new client must start using the service, and the fee waiver will be eliminated if the new client leaves the service. Both the referrer and the referee receive the $ 5,000 fee waiver.
275:
insured up to $ 8 million, and has an account minimum of $ 1. Wealthfront is able to offer the $ 8 million FDIC insurance because it deposits its clients' cash account funds in a network of partner banks including
236:. In the previous year, Nevada passed approval on a new tax credit for employers who provide fund matching to employees participating in 529 savings programs. Andy Rachleff is currently the executive chairman and
251:
agreed to acquire
Wealthfront for $ 1.4 billion. The acquisition was mutually terminated in September 2022 with both companies not providing a reason. UBS announced that it would instead invest in a $ 69.7
647:
345:. In April 2014, Wealthfront raised $ 35 million in a funding round led by Index Ventures, Ribbit Capital and Benchmark Capital. The funding round brought the firm's total funding to $ 65.5 million.
402:
294:
The cash account was originally available only to clients with an existing investment account. In August 2020, Wealthfront made the cash account generally available.
1144:
1139:
426:
715:
1149:
1052:
815:
533:
1154:
376:
1028:
503:
450:
1129:
789:
839:
1134:
694:
932:
580:
272:
240:. In January 2018, Wealthfront launched homeownership planning tool for Path. In January 2020, Wealthfront was listed in
403:"Automated Investment Services Company Wealthfront Now Manages Over $ 538M In Assets, Up 450 Percent Over The Past Year"
983:
301:
for its individual cash accounts' routing and account numbers, and for debit cards linked to individual cash accounts.
291:
In June 2020, Wealthfront added checking features to this account including direct deposit, bill pay, and ATM access.
342:
334:
198:
957:
739:
627:"Financial Planning Startup Wealthfront Woos Silicon Valley Workers With A Once-Secret Investment Trick"
648:"Wealthfront's high-net-worth cat leaps out of the bag -- keeping it one robo 'pivot' ahead of Schwab"
859:
626:
113:
65:
844:
237:
214:
186:
124:
103:
1124:
601:
264:
255:
million note convertible into
Wealthfront shares, valuing the latter at its acquisition price.
298:
226:
174:
669:
1004:
8:
1108:
908:
218:
157:
268:
765:
554:
322:
210:
185:
and Dan
Carroll in 2008. As of November 2023, Wealthfront had $ 50 billion
427:"Andy Rachleff is out as CEO of Wealthfront as former LinkedIn star takes his place"
241:
534:"Automated Investment Service Wealthfront Raises $ 35M From Index, Ribbit Capital"
338:
232:
In 2016, Wealthfront launched a partnership with the state of Nevada to launch a
670:"Exclusive: Wealthfront's Founder Reclaims CEO Role as Current Chief Steps Down"
820:
330:
109:
1118:
1078:
281:
202:
182:
78:
354:
326:
170:
766:"Top robo advisors in 2020: Performance reviews, returns, and comparisons"
285:
206:
1079:"High-Tech Investing Startup for Millennials Hits $ 1 Billion in Assets"
1053:"Funding Roundup: Wealthfront Raises $ 35 Million, Reports 450% Growth"
178:
229:
was
Wealthfront's CEO. Founder Andy Rachleff retook the role in 2016.
472:
884:
277:
233:
26:
555:"kaChing Raises $ 7.5 Million To Turn Mutual Funds On Their Heads"
885:"Enjoy high-interest checking with no account fees | Wealthfront"
840:"UBS Planned to Buy Robo-Advisor Wealthfront. Now the Deal's off"
933:"The Wealthfront Cash Account Now Comes With Checking Features"
508:
389:
377:"Roboadvisor Wealthfront reaches $ 50 billion in client assets"
1102:
148:
740:"Wealthfront Launches Homeownership Planning Tool - Finovate"
695:"Wealthfront leads robo expansion into college savings plans"
909:"Wealthfront's Cash Account: What It is & How to Use It"
816:"UBS Growth Plans in US Dented After Wealthfront Deal Fails"
790:"UBS buys Wealthfront in $ 1.4 bln deal to widen U.S. reach"
504:"WealthFront: Asset Manager Targets Valley's Nouveau Riche"
477:
263:
In
February 2019, Wealthfront introduced a cash account, a
716:"Wealthfront app to help millennials with this lofty goal"
451:"Wealthfront Said to Be Raising $ 30 Million Led by Index"
248:
602:"Now Tech Plebes Can Dodge Taxes Like a Former Governor"
267:. The cash account has an interest rate that tracks the
581:"Interview: Wealthfront CEO and Founder Andy Rachleff"
1029:"Referrals: What's the Wealthfront Invite Program?"
313:Wealthfront's investment account minimum is $ 500.
1145:Financial services companies based in California
1140:Financial services companies established in 2008
1116:
645:
574:
572:
570:
1076:
424:
833:
831:
624:
599:
567:
552:
527:
525:
1070:
958:"Start Earning 2.24% APY on Your Cash Today"
692:
981:
828:
618:
501:
444:
442:
1107:
860:"Introducing the Wealthfront Cash Account"
578:
522:
394:
371:
369:
156:
45:Personal finance, Stock exchanges, Finance
1045:
531:
400:
1150:Companies based in Palo Alto, California
497:
495:
439:
420:
418:
813:
639:
366:
234:529 tax-advantaged college savings plan
209:analysis company, before pivoting into
1155:American companies established in 2008
1117:
546:
448:
321:The company has received funding from
244:'s Top 10 Best Robo Advisors in 2020.
205:and Dan Carroll in 2008 as kaChing, a
646:Wommack, Sanders (19 December 2014).
593:
492:
415:
221:for accounts of more than $ 100,000.
217:. In December 2012, the firm started
837:
713:
465:
213:. Rachleff was the firm's founding
13:
14:
1166:
1130:2008 establishments in California
1094:
1002:
763:
714:Neal, Ryan W. (29 January 2018).
473:"The 2014 CNBC Disruptor 50 List"
16:Automated investment service firm
449:Saitto, Serena (25 March 2014).
304:
25:
1021:
996:
975:
950:
925:
901:
877:
852:
807:
782:
757:
732:
707:
686:
662:
453:. Bloomberg News. Bloomberg L.P
258:
1135:Financial technology companies
1077:Gabrielle Karol (2014-06-13).
814:Balezou, Myriam (2022-09-05).
425:Brooke Southall (2014-01-30).
383:
1:
625:Kim-Mai Cutler (2012-10-09).
600:Marcus Wohlsen (2012-10-09).
360:
265:high interest savings account
553:Jason Kincaid (2009-12-15).
171:automated investment service
7:
693:Andrea Davis (2016-06-03).
348:
337:and individuals, including
316:
197:Wealthfront was founded by
55:; 16 years ago
10:
1171:
982:Wealthfront (2024-04-30).
502:Eric Savitz (2012-03-01).
192:
838:Snel, Ross (2022-09-02).
579:Tom Taulli (2012-02-07).
189:across 700,000 accounts.
143:
133:
123:
90:
71:
49:
41:
33:
24:
984:"What's Green Dot Bank?"
532:Leena Rao (2014-04-02).
401:Leena Rao (2014-01-13).
66:Redwood City, California
238:chief executive officer
720:www.investmentnews.com
1005:"Wealthfront Review"
913:www.moneyunder30.com
1033:Wealthfront Support
889:www.wealthfront.com
219:tax-loss harvesting
135:Number of employees
129:$ 50 billion (2023)
37:kaChing (2008–2010)
21:
1003:Carey, Theresa W.
269:federal funds rate
19:
323:Benchmark Capital
297:Wealthfront uses
247:In January 2022,
211:wealth management
164:
163:
1162:
1111:
1106:
1105:
1103:Official website
1089:
1088:
1086:
1085:
1074:
1068:
1067:
1065:
1064:
1049:
1043:
1042:
1040:
1039:
1025:
1019:
1018:
1016:
1015:
1000:
994:
993:
991:
990:
979:
973:
972:
970:
969:
962:Wealthfront Blog
954:
948:
947:
945:
944:
937:Wealthfront Blog
929:
923:
922:
920:
919:
905:
899:
898:
896:
895:
881:
875:
874:
872:
871:
864:Wealthfront Blog
856:
850:
849:
835:
826:
825:
811:
805:
804:
802:
801:
786:
780:
779:
777:
776:
770:Business Insider
761:
755:
754:
752:
751:
736:
730:
729:
727:
726:
711:
705:
704:
702:
701:
690:
684:
683:
681:
680:
666:
660:
659:
657:
655:
643:
637:
636:
634:
633:
622:
616:
615:
613:
612:
597:
591:
590:
588:
587:
576:
565:
564:
562:
561:
550:
544:
543:
541:
540:
529:
520:
519:
517:
516:
499:
490:
489:
487:
486:
469:
463:
462:
460:
458:
446:
437:
436:
434:
433:
422:
413:
412:
410:
409:
398:
392:
387:
381:
380:
373:
254:
242:Business Insider
167:Wealthfront Inc.
160:
155:
152:
150:
63:
61:
56:
29:
22:
20:Wealthfront Inc.
18:
1170:
1169:
1165:
1164:
1163:
1161:
1160:
1159:
1115:
1114:
1101:
1100:
1097:
1092:
1083:
1081:
1075:
1071:
1062:
1060:
1051:
1050:
1046:
1037:
1035:
1027:
1026:
1022:
1013:
1011:
1001:
997:
988:
986:
980:
976:
967:
965:
956:
955:
951:
942:
940:
931:
930:
926:
917:
915:
907:
906:
902:
893:
891:
883:
882:
878:
869:
867:
858:
857:
853:
836:
829:
812:
808:
799:
797:
788:
787:
783:
774:
772:
764:Meola, Andrew.
762:
758:
749:
747:
738:
737:
733:
724:
722:
712:
708:
699:
697:
691:
687:
678:
676:
668:
667:
663:
653:
651:
644:
640:
631:
629:
623:
619:
610:
608:
598:
594:
585:
583:
577:
568:
559:
557:
551:
547:
538:
536:
530:
523:
514:
512:
500:
493:
484:
482:
471:
470:
466:
456:
454:
447:
440:
431:
429:
423:
416:
407:
405:
399:
395:
388:
384:
375:
374:
367:
363:
351:
339:Marc Andreessen
319:
307:
261:
252:
195:
147:
136:
119:
106:& Chairman)
93:
86:
64:
59:
57:
54:
17:
12:
11:
5:
1168:
1158:
1157:
1152:
1147:
1142:
1137:
1132:
1127:
1113:
1112:
1096:
1095:External links
1093:
1091:
1090:
1069:
1044:
1020:
995:
974:
949:
924:
900:
876:
851:
827:
821:Bloomberg News
806:
794:Financial Post
781:
756:
731:
706:
685:
661:
638:
617:
592:
566:
545:
521:
491:
481:. 17 June 2014
464:
438:
414:
393:
382:
364:
362:
359:
358:
357:
350:
347:
335:Social Capital
331:Index Ventures
318:
315:
306:
303:
299:Green Dot Bank
260:
257:
194:
191:
173:firm based in
162:
161:
145:
141:
140:
137:
134:
131:
130:
127:
121:
120:
118:
117:
110:Burton Malkiel
107:
100:
96:
94:
91:
88:
87:
85:
84:
81:
75:
73:
69:
68:
51:
47:
46:
43:
39:
38:
35:
31:
30:
15:
9:
6:
4:
3:
2:
1167:
1156:
1153:
1151:
1148:
1146:
1143:
1141:
1138:
1136:
1133:
1131:
1128:
1126:
1125:Robo-advisors
1123:
1122:
1120:
1110:
1104:
1099:
1098:
1080:
1073:
1058:
1054:
1048:
1034:
1030:
1024:
1010:
1006:
999:
985:
978:
963:
959:
953:
938:
934:
928:
914:
910:
904:
890:
886:
880:
865:
861:
855:
847:
846:
841:
834:
832:
823:
822:
817:
810:
795:
791:
785:
771:
767:
760:
745:
741:
735:
721:
717:
710:
696:
689:
675:
671:
665:
649:
642:
628:
621:
607:
603:
596:
582:
575:
573:
571:
556:
549:
535:
528:
526:
511:
510:
505:
498:
496:
480:
479:
474:
468:
452:
445:
443:
428:
421:
419:
404:
397:
391:
386:
379:. 2023-11-16.
378:
372:
370:
365:
356:
353:
352:
346:
344:
340:
336:
332:
328:
324:
314:
311:
305:Fee structure
302:
300:
295:
292:
289:
287:
283:
279:
274:
270:
266:
256:
250:
245:
243:
239:
235:
230:
228:
222:
220:
216:
212:
208:
204:
203:Andy Rachleff
200:
190:
188:
184:
183:Andy Rachleff
181:, founded by
180:
176:
172:
168:
159:
154:
146:
142:
138:
132:
128:
126:
122:
115:
111:
108:
105:
101:
99:Andy Rachleff
98:
97:
95:
89:
82:
80:
79:Andy Rachleff
77:
76:
74:
70:
67:
52:
48:
44:
40:
36:
32:
28:
23:
1082:. Retrieved
1072:
1061:. Retrieved
1059:. 2014-04-04
1056:
1047:
1036:. Retrieved
1032:
1023:
1012:. Retrieved
1009:Investopedia
1008:
998:
987:. Retrieved
977:
966:. Retrieved
964:. 2019-03-19
961:
952:
941:. Retrieved
939:. 2020-06-29
936:
927:
916:. Retrieved
912:
903:
892:. Retrieved
888:
879:
868:. Retrieved
866:. 2019-02-14
863:
854:
843:
819:
809:
798:. Retrieved
796:. 2022-01-26
793:
784:
773:. Retrieved
769:
759:
748:. Retrieved
746:. 2018-01-30
743:
734:
723:. Retrieved
719:
709:
698:. Retrieved
688:
677:. Retrieved
673:
664:
652:. Retrieved
641:
630:. Retrieved
620:
609:. Retrieved
605:
595:
584:. Retrieved
558:. Retrieved
548:
537:. Retrieved
513:. Retrieved
507:
483:. Retrieved
476:
467:
455:. Retrieved
430:. Retrieved
406:. Retrieved
396:
385:
355:Robo-advisor
327:DAG Ventures
320:
312:
308:
296:
293:
290:
262:
259:Cash account
246:
231:
223:
201:co-founders
196:
166:
165:
151:.wealthfront
390:Wealthfront
343:Jeff Jordan
286:Wells Fargo
207:mutual fund
83:Dan Carroll
1119:Categories
1084:2014-08-22
1063:2014-08-22
1057:Daily News
1038:2021-02-15
1014:2021-02-15
989:2024-06-12
968:2021-02-16
943:2021-02-16
918:2021-02-16
894:2021-02-16
870:2021-02-16
800:2022-01-26
775:2020-03-17
750:2018-05-17
725:2018-05-17
700:2016-07-14
679:2020-05-10
654:27 January
632:2014-08-22
611:2014-08-22
586:2014-08-22
560:2015-03-19
539:2014-08-22
515:2014-08-22
485:2014-08-22
432:2014-08-22
408:2014-08-22
361:References
179:California
92:Key people
650:. RIA Biz
457:22 August
227:Adam Nash
199:Benchmark
175:Palo Alto
845:Barron's
744:Finovate
349:See also
317:Finances
278:Citibank
72:Founders
42:Industry
34:Formerly
674:Fortune
193:History
144:Website
58: (
50:Founded
509:Forbes
284:, and
253:
169:is an
606:Wired
271:, is
656:2015
478:CNBC
459:2014
341:and
282:HSBC
273:FDIC
153:.com
139:238
60:2008
53:2008
249:UBS
215:CEO
187:AUM
149:www
125:AUM
114:CIO
104:CEO
1121::
1055:.
1031:.
1007:.
960:.
935:.
911:.
887:.
862:.
842:.
830:^
818:.
792:.
768:.
742:.
718:.
672:.
604:.
569:^
524:^
506:.
494:^
475:.
441:^
417:^
368:^
333:,
329:,
325:,
288:.
280:,
177:,
1087:.
1066:.
1041:.
1017:.
992:.
971:.
946:.
921:.
897:.
873:.
848:.
824:.
803:.
778:.
753:.
728:.
703:.
682:.
658:.
635:.
614:.
589:.
563:.
542:.
518:.
488:.
461:.
435:.
411:.
116:)
112:(
102:(
62:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
