Our press releases

Wealthfront Launches Cash Account With 2.24% Interest Rate And FDIC Insurance Up To $1 Million

The addition of a cash account is another important milestone towards delivering Self-Driving Money.

Wealthfront Launches Free Financial Planning

Wealthfront un-bundles its automated planning to help 90 million millennials build a comprehensive financial plan.

Wealthfront Research Shows Clients Who Regularly Engage With Automated Financial Advice Save More

Clients who engage monthly with Wealthfront’s automated advice engine, Path, save almost 400% more than the national savings rate.

Wealthfront Cuts Risk Parity Expense Ratio in Half to 0.25%

Wealthfront’s Risk Parity Fund’s expense ratio is now lower than nearly 80% of ETFs on the market.

Wealthfront Launches New Financial Planning Service: Home Planning for Path

The addition of the company’s third financial planning service continues to widen the feature gap among competitors.

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’s new high-yield accounts bring in $1 billion in just a few months

Wealthfront is increasing the interest rate on those accounts from 2.24 to 2.29 percent— now higher than high-yield offerings from Goldman Sachs’ consumer banking arm Marcus.

Wealthfront bets on ‘self-driving money,’ following Netflix’s playbook — not Wall Street’s

Wealthfront is sticking to a motto of “self-driving money,” while rivals like Betterment have added human advisors.

Why Wealthfront Is Offering Free Financial Planning

“What we found was that our clients who used our automated planning saved five percent more of their income than people who did not. Over one’s lifetime, that’s another million and a quarter dollars. We looked at that number, and given the crisis of savings these days, we thought, ‘That shouldn’t be behind a paywall.'”