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Our press releases
Wealthfront’s Risk Parity Fund’s expense ratio is now lower than nearly 80% of ETFs on the market.
The addition of the company’s third financial planning service continues to widen the feature gap among competitors.
Additional capital will fuel Wealthfront’s growth as the financial advisor of choice for young professionals and families for decades to come.
Wealthfront in the news
Why It’s Time to Quit Your Job, Travel the World
Wealthfront Inc., the online money manager based in Silicon Valley, launched a tool on Wednesday that allows clients to estimate whether they can afford to take time off for travel. They can set a months- or yearslong trip as a priority alongside other goals like retirement or buying a home.
A California investing startup just launched a new feature to show how much home you can afford
“With the introduction of Path’s home planning service, our clients can now easily plan for all of their major life milestones — from saving for their children’s future to one day retiring — with just a few taps on their phone,” said Andy Rachleff cofounder and CEO of Wealthfront.
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.