Our press releases

Tiger Global Management Leads Wealthfront’s $75 Million Financing Round

Additional capital will fuel Wealthfront’s growth as the financial advisor of choice for young professionals and families for decades to come.

Wealthfront Launches Advanced Indexing to Deliver Clients Higher After-Tax Returns at No Incremental Cost

Backtesting shows Advanced Indexing could add almost 1% to the annual after-tax return on the U.S. stock portion of a client’s portfolio.

Wealthfront To Launch 529 College Savings Plan In Partnership With The State Of Nevada And Ascensus College Savings

Wealthfront becomes the first automated investment service to launch a 529 plan to help families in the United States save for college.

Wealthfront Raises $64 Million in Round Led by Spark Capital Growth

The company with over $1.5 billion in client assets under management now has $100 million in cash reserves to fuel growth and serve millennial investors.

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Wealthfront in the news

Wealthfront Raises $75 Million Led by Tiger Global Management

While it took 13 months for the firm to get its first $100 million in assets under management, it added $100 million yesterday alone, Chief Executive Officer Andy Rachleff said in an interview. The new round should be “more than enough” to see them through to becoming profitable, he said.

Wealthfront launches its own Smart Beta feature

Mr. Malkiel is chief investment adviser for Wealthfront, a pioneering automated investment manager that last week adopted a new approach it calls Advanced Indexing. The strategy aims to exploit market inefficiencies and beat the passive approach.

Robo-Adviser Wants to Lend You Money, Not Just Manage It

By providing clearing and custody services with RBC Capital Markets LLC, clients with at least $100,000 in a taxable account can take out loans of as much as 30 percent of their account value, using their portfolios as collateral.