Tagged: wealthfront

Wealthfront Now Oversees $50B+ in Client Assets, On Track to Grow Revenue

Wealthfront, a consumer Fintech and pioneer of the robo-advisor industry, announces that the company now oversees more than $50 billion in assets for over 700,000 clients, largely young professionals across the United States. This year Wealthfront‘s team introduced new product lines, “leading to an increase… Read More

Wealthfront Cash Account Offers Up to $8M in FDIC Insurance via Partner Banks

Wealthfront‘s Cash Account offers up to $8 million in FDIC insurance for individuals and up to $16 million for joint accounts. Thanks to the company’s software-based approach and partnerships with FDIC-insured banks, the Wealthfront Cash Account reportedly “offers some of the highest FDIC insurance available… Read More

Wealthfront Cash Account Clients Reportedly Earned $500M+ in Interest this Year

Wealthfront clients have reportedly earned over half a billion dollars in interest year to date from our high-yield Cash Account offering 4.80% APY. According to a note from Wealthfront, high-yield accounts have “surged in popularity this year, but not all of these accounts provide the… Read More

Wealthfront Allows Investors to Buy Individual Stocks, Discover New Investment Opportunities

Wealthfront, a robo-advisor for young professionals, launched the ability to buy individual stocks and fractional shares with zero commissions. Starting today, investors can open a Wealthfront Stock Investing Account with just $1 and access curated stock collections designed “to help clients discover new investment opportunities.”… Read More

Green Dot, Wealthfront to Simplify How Young Professionals Maximize Savings, Build Wealth

Green Dot Corporation (NYSE: GDOT), a digital bank and fintech enabling powerful banking and payment solutions for businesses and consumers, and Wealthfront, an automated wealth management provider serving the next generation of investors, have extended their partnership that “provides seamless checking features and money movement… Read More

Andy Rachleff, Co-founder at Wealthfront, Explains Why Investors Should Continue Investing in Volatile Markets

Andy Rachleff, co-founder and Executive Chairman at Wealthfront, which recently agreed to be acquired by UBS, says that we should keep investing even while the market is volatile. Andy writes in a blog post that when markets are volatile (as they are currently), investors sometimes… Read More

$1.4B Wealthfront Purchase to Drive UBS American Presence

UBS has agreed to buy automated wealth management provide Weathfront for an all-cash price of $1.4 billion, the companies confirmed this week, In a statement, UBS said it will use the acquisition to expand its presence in the United States, including to more affluent investors…. Read More

Fintech Wealthfront Appoints Entrepreneur Jaleh Bisharat to its Board of Directors

California-based Fintech company Wealthfront revealed on Wednesday (May 12, 2021) that marketing executive and entrepreneur Jaleh Bisharat has joined the firm’s Board of Directors. According to a release shared with CI, Bisharat has over 30 years of experience working as a marketing executive at major… Read More

Fintech Wealthfront Is Now Offering Carefully Vetted ETFs, Socially-Responsible Investing Options, Company Now Exploring Crypto

California-based Fintech firm Wealthfront revealed on Wednesday (April 28, 2021) that it’s now offering new features for its investment portfolios that will allow its clients to make investments in a wider range of “carefully-vetted” exchange-traded-funds or ETFs and Socially Responsible Investing (SRI) options. According to… Read More

California based Fintech Wealthfront Launches “Final Set of Features” for First Version of “Self-Driving Money”

California-based Fintech firm Wealthfront revealed on Tuesday (April 20, 2021) that it has launched the “final set of features” that make up the first version of Self-Driving Money™. As noted in a release shared with Crowdfund Insider, the firm’s “relentless” focus on automation has led… Read More

Wealthfront Explains Difference between Taxable and Tax-Advantaged Investment Accounts

California-based Fintech firm Wealthfront has explained how we can choose between taxable and “tax-advantaged” investment accounts. Wealthfront notes that if you’re ready to begin investing, then you need to figure out what type of account you should be opening and maintaining. You can open up… Read More

California based Fintech Firm Wealthfront Announces that Cash Account Investments May be Invested in Market within Minutes

California-based Fintech firm Wealthfront has announced that clients who use their Cash Account to invest in a Wealthfront Investment Account may have their funds invested in the market “within minutes.” Wealthfront customers who choose to direct deposit their paycheck into the Wealthfront Cash Account may… Read More

California based Fintech Wealthfront Adds Additional Automation to “Make Money Movement Effortless”

California-based Fintech firm Wealthfront revealed on February 4, 2021 that its customers will now be able to use their service to monitor for and automatically transfer excess funds to a Wealthfront Roth IRA, Traditional IRA or a 529 College Savings Account. As noted in a… Read More

Personal Finance Professional Explains how 401(k) Plans, Robo-Advisors, Investment Apps can Help Grow Our Wealth

Erica Gellerman, a CPA, MBA, and personal finance expert, notes in a blog post published by Chime Financial Inc. (a US-based banking challenger valued at around $14.5 billion) that if you’re planning to grow your wealth or net worth, then investing can be “a smart… Read More

Fintech Firm Wealthfront Adds Former FDIC Chair Sheila Bair And Former Comptroller of Currency Tom Curry to Banking Advisory Group

  California based Fintech firm Wealthfront announced on December 8, 2020, that banking industry professionals Sheila Bair and Tom Curry are joining the firm’s Banking Advisory Group. The Committee is expected to play a key role in navigating regulatory and partnership efforts as Wealthfront plans… Read More

California based Fintech Wealthfront, which offers Robo-Advisory Services, Introduces “Self-Driving” Money

California-based Fintech firm Wealthfront, a Robo-Advisor that had been focused on becoming a digital bank, has revealed that it has introduced what it calls, the “first Self-Driving Money” service. As mentioned in an update shared with Crowdfund Insider, Wealthfront’s new, free-to-use service, Autopilot, will automate… Read More

Digital Bank Revolut Is Leading the “Re-bundling” Race Among European Financial Technology Firms, Industry Professional Explains

Fintech advisor Efi Pylarinou claims that digital bank Revolut is leading the “re-bundling” race among Europe based financial technology service providers. Pylarinou notes: “As technology [continues to] commoditize products and services at an ever increasing rate, re-bundling catch up is the name of the game… Read More

Robo Advisors Industry Expected to Reach Nearly $1 Trillion Valuation this Year: Report

Lost in Space Robot

BuyShares claims that the Robo Advisors sector is expected to reach a valuation of $987.4 billion this year, which represents a 19.3% increase in only a year. As mentioned in a release shared with CI: “The last few months have witnessed a surge in the… Read More

California based Fintech Wealthfront, a Robo-Advisor that was Focused on Becoming a Digital Bank, Introduces Checking Account Features for its Cash Accounts

California-based Fintech Wealthfront, a Robo-Advisor that had been focused on becoming a digital bank, has revealed that its checking account features are now live for the Wealthfront Cash Account. In statements shared with Crowdfund Insider, Wealthfront’s management noted that they’re on track to deliver what… Read More

California-based Fintech Wealthfront, a Robo-Advisor, is Reportedly Inching Closer to Becoming a Digital Bank

Palo Alto-based Wealthfront, an automated investment service company with over $11.4 billion in assets under management, is reportedly getting closer to becoming a full-service digital bank. Wealthfront already provides most of the bank-like services including insured savings accounts. The “Cash Account” is offered by Wealthfront… Read More

Send this to a friend