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Wealthfront Reduces Minimum Account Opening Requirement to Just $500: Why It Matters

Wealthfront is the world's largest automated investment service with over $2.5 billion in client assets. It manages a diversified, continually rebalanced portfolio of index funds on customers’ behalf at a very low cost and in an extremely tax-efficient manner.

The company was born with the idea of offering friendly pricing. It does not charge fees on the first $10,000 and charges only 0.25% annually on assets in excess of $10,000. Th ...

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