Wealthfront provides automated investment management platform that allows investors to create and manages personalized, globally diversified investment portfolios at a lower cost. Users can create an account with the minimum investment of $500. It offers low-cost ETFs which are used to represent each asset class. Stock allocations include US, foreign and emerging markets. Likewise, bond allocations include municipal, corporate and emerging markets.
PRODUCTS & SERVICES:
Automated Investment management and advisory services for investors.
The platform provides for various accounts including Taxable Accounts, IRA Accounts, Roth IRA Accounts, SEP IRA Accounts, 529 Plan Accounts and Trusts.
It offers services such as Direct Indexing, Tax-loss Harvesting, Single-Stock Diversification, Portfolio Review, Third-Party Account Support, College Savings Plan and Retirement Planner.
It helps users manage and build a diversified portfolio.
Recently, Wealthfront launched advanced indexing to deliver clients higher after-tax returns at no incremental cost.
Viewable by subscribers only
Partnered with Apex Clearing Corporations to provide brokerage services to their clients.
Wealthfront is using Artificial Intelligence to manage over $5 billion in assets.
MEDICI analysts will analyze Wealthfront soon
Insufficient information for accurate analysis
DATE OF LAST FUNDING:
TOTAL FUNDING COMMENT:
The company is planning to use the fund for expansion for its client base (Jan 2018).