Autopilot automates your savings plan so you can remove the stress of manually monitoring accounts and moving money

The company continues to reinvent banking and solidify its position as the primary financial relationship for its clients

Wealthfront Automates Savings For Users

Wealthfront today launched a new service that automatically sweeps excess cash for customers into savings or investments. It’s the next step in the investment and personal finance company’s roadmap toward its self-coined “self-driving money” initiative.

Wealthfront: Transforming From a Robo-Advisor to a Digital Bank

We are fortunate to have Andy Rachleff, co-founder and executive chairman of Wealthfront on the show today. Along with Dan Carroll, Andy has built Wealthfront into one of the premier financial services organizations, expanding from a foundation of digital wealth management to providing a new high interest checking option.

The Wealthfront Cash Account is a hybrid savings and checking account that lets you get your paycheck up to 2 days early

You’ll earn a competitive APY like you would with a high-yield savings account, but you’ll also have access to a debit card and direct deposits, as you would with a checking account. You can also receive your paycheck up to two days early when you set up direct deposits.

Robo Advisers Keep Adding On Services

Wealthfront is launching what it calls “self-driving money,” a suite of services that will allocate every dollar that comes into an account in accordance with rules set by the account holder.