Wealthfront
- Market Valuation$500 M2018-01-04
- Total Funding$204.5 M
OverviewSuggest Edit
Wealthfront is an automated investment service company that builds and manages personalized, globally-diversified investment portfolios. It provides data-driven, actionable recommendations to improve net-of-fee, after-tax, risk-adjusted returns. Wealthfront allows users to monitor their real-time investment performance, review recent transactions, receive financial advice, and manage their deposits.
| Type | Private | |
| Founded | 2008 | |
| HQ | Palo Alto, CA, US | Map |
| Website | wealthfront.com | |
| Employee Ratings | ||
| Overall Culture | A | More |
Key People/Management at Wealthfront
Andy Rachleff
President & CEO
David Fortunato
President
Celine Sun
Director, PhD, CFA
Burt Malkiel
Chief Investment Officer
Kal Iyer
Vice President Of Engineering
Daniel Slate
Senior Director of Product Management
Wealthfront Office Locations
Wealthfront has an office in Palo Alto
Palo Alto, CA, US (HQ)
261 Hamilton Ave
Wealthfront Financials and Metrics
Summary Metrics
Founding Date | 2008 |
Wealthfront total Funding | $204.5 m |
Wealthfront latest funding size | $75 m |
Time since last funding | 4 years ago |
Wealthfront investors | Index Ventures, DAG Ventures, Greylock Partners, Kevin Rose, Spark Capital, Matt Mullenweg, Dragoneer Investment Group, Tiger Global Management, The Social+Capital Partnership, Ribbit Capital, Marc Andreessen, Andy Dunn, Satya Patel, Cipora Herman, Michael Schroepfer, Marissa Mayer, Paul Kedrosky, Alison Rosenthal, Ben Horowitz, Social Capital, Hunter Walk, Adam D’Angelo, Benchmark Capital, OpenTable CEO Jeff Jordan, Benchmark Capital partner Andy Rachleff, Doug Mackenzie of Kleiner, Kleiner Perkins partner Kevin Compton, Bruce Dunlevie of Benchmark, Mike Volpi of Index Ventures, Chamath Palihapitiya of The Social+Capital Partnership, Reid Hoffman of Greylock Partners, Social+Capital Partnership, Mark and Ali Pincus, Tim Ferris |
Wealthfront's latest funding round in January 2018 was reported to be $75 m. In total, Wealthfront has raised $204.5 m. Wealthfront's latest valuation is reported to be $500 m.
Wealthfront Revenue
Market valuation | 500.0m |
Wealthfront Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Grove | August 22, 2019 |
Wealthfront Cybersecurity Score
Wealthfront Online and Social Media Presence
38.56k Twitter followers
Wealthfront has 38.56k Twitter Followers. The number of followers has increased 0.3% quarter over quarter
Wealthfront's Trends
Twitter Engagement Stats for @wealthfront
11.7k
Tweets
1.8k
Following
38.6k
Followers
14
Tweets last 30 days
1.9
Avg. likes per Tweet
64.3%
Tweets with engagement
Wealthfront Company Culture
Overall Culture
A
89/100
CEO Rating
A+
93/100
Compensation
A+
91/100
Diversity
A+
92/100
Wealthfront News and Updates
January 27, 2022
UBS Pays $1.4 Billion For Wealthfront To Attract Millennial American Investors
Ralph Hamers is making a big bet on mass affluent investors in his first major acquisition as UBS CEO.
January 27, 2022
UBS to acquire robo advisor Wealthfront for $1.4 billion
UBS is to buy robo addvisor Wealthfront for $1.4 billion, marking the Swiss bank's first fintech acquisition under the tenure of CEO Ralph Hamers.
July 30, 2021
Wealthfront adds crypto exposure
At Wealthfront, we want to support you in building the portfolio that’s right for you. That’s why earlier this year, we made it possible to customize your Wealthfront portfolio. And it’s why today, we’re expanding our menu of investments even more to include hundreds of options, including two crypto…
July 19, 2021
Betterment and Wealthfront are both top robo-advisors, but the best option for you depends on whether you want access to a financial planner
Summary List Placement
Betterment is an automated app offering investing, retirement, checking, and cash reserve accounts.
Wealthfront offers automated investing, retirement, college savings, and cash accounts.
The two apps share several similarities, but they vary when it comes to fees and accoun…
April 30, 2021
Wealthfront powers customer acquisition efforts with customized portfolios and cryptos
Summary List PlacementThe US-based digital wealth manager is enabling users to customize their portfolios from a selection of exchange-traded funds (ETFs) and a wider array of socially responsible investing options, per Insider.
Wealthfront will also allow users to invest in cryptos starting later …
Wealthfront Blogs
May 26, 2022
The Stock Market Is Down—What Should I Do?
Stock market volatility can be unnerving. No investor, whether they’re new to investing or have been making deposits for years, likes to see the value of their portfolio go down—even if it’s just temporary. When the market takes a turn, some people will inevitably sell investments in an attempt to m…
May 06, 2022
The Wealthfront Cash Account APY Is Increasing to 0.85%
Today, we’re happy to announce we’re raising the APY on the Wealthfront Cash Account (again!) from 0.35% to 0.85% following the Federal Reserve’s decision to raise the target range for the federal funds rate. That means starting today, you’ll earn more than twice as much interest on your Cash Accoun…
April 27, 2022
How Should I Evaluate an ETF?
Exchange-traded funds (or ETFs) are a popular way to invest, and for good reason. They hold collections of investments like stocks or bonds, and are a convenient, tax-efficient way to build a diversified portfolio. The vast majority of ETFs passively track indexes, meaning they try to match the retu…
March 15, 2022
Get Exposure to New Sectors & Strategies at Wealthfront
Today, we’re excited to announce that Wealthfront has added new investment options in technology, the metaverse, commodities, and more to our menu of available funds. It’s never been easier to build a portfolio you believe in. You can explore and research these new investments, along with the hundr…
March 10, 2022
Do You Need an Accountant for Your Taxes?
The experience of filing your tax return can range from a minor hassle to a major headache. If your taxes are feeling overwhelming, you might wonder if you need the help of a tax professional like an accountant. For many people, online tax filing software gets the job done just fine. This is more li…
February 24, 2022
What Is an ESPP and How Does It Work?
An employee stock purchase plan (or ESPP) can be a very valuable benefit. In general, if your employer offers an ESPP, we think you should participate at the level you can comfortably afford and then sell the shares as soon as you can. This strategy allows you to lock in a return on your contributio…
Wealthfront Frequently Asked Questions
When was Wealthfront founded?
Wealthfront was founded in 2008.
Who are Wealthfront key executives?
Wealthfront's key executives are Andy Rachleff, David Fortunato and Celine Sun.
How many employees does Wealthfront have?
Wealthfront has 277 employees.
Who are Wealthfront competitors?
Competitors of Wealthfront include Altruist, Personal Capital and SigFig.
Where is Wealthfront headquarters?
Wealthfront headquarters is located at 261 Hamilton Ave, Palo Alto.
Where are Wealthfront offices?
Wealthfront has an office in Palo Alto.
How many offices does Wealthfront have?
Wealthfront has 1 office.
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