Wealthfront Newsroom
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The company’s focus on client trust, automation, and an expanded product line have created a highly profitable and growing business
Anyone can now receive up to 32x the FDIC insurance offered by traditional bank accounts
Clients can now access more than 45 unique stock collections created by the company’s Investment Team.
Wealthfront in the news
Roboadvisor Wealthfront reaches $50 billion in client assets
Digital wealth management provider Wealthfront, a pioneer in automated investing, now oversees more than $50 billion in assets and is set to grow revenue by more than 140% this year.
Wealthfront Increases Its Cash Account APY To 5.00%
Wealthfront Cash Account now offers an APY that is competitive with some of the best high-yield savings accounts. Its rate is more than 10 times the national average savings rate of 0.46%.
Wealthfront Launches Robo for Bonds
The new account type offers higher returns than most high-yield savings accounts, but is more liquid than certificates of deposit or I bonds.
Tax loss harvesting, quantified
In aggregate, Wealthfront has harvested some $3.2 billion in losses. Almost half of that — $1.5 billion — took place in 2022, as stock and bond markets alike swooned in the face of aggressive Fed rate hikes.