Fun fact about
@Wealthfront
: yesterday we grew our assets under management by more than $100 million. It took us 13 months to attract our first $100 under management. We can't thank our wonderful clients enough for making this possible!
We're so excited to share that the
@Wealthfront
FDIC insured high-interest Cash Account has already reached $1 billion in deposits! Read more from
@CNBC
&
@Kr00ney
I just experienced one of the biggest differences between a digital first & traditional bank. I tried to close a
@wellsfargo
account and was told I have to speak to a banker. When I called I was told there’s a 40 minute wait.
@wealthfront
, it’s one click.
I'm thrilled to announce that
@Wealthfront
's FDIC-insured Cash Account is now paying 2.51%, the highest interest rate on the market according to Bankrate:
Since our inception 6 years ago
@Wealthfront
generated a 10.02% avg annual return (on a risk 8 portfolio) despite 4 market corrections. That does not include tax-loss harvesting benefit which could have added up to 2.25% annually depending on your tax rate
Today
@Wealthfront
launched Autopilot – a new service that automates your savings strategy - and the first step in its Self-Driving Money™ initiative. Read more in
@Forbes
Hey everyone. Someone with the username
@andyrachleff
is posing as me. X won't close the account because all my IDs are for Andrew rather than Andy Rachleff. The only way I can think to take him down is if a lot of you report him. I would appreciate the help. Thanks!!!!
At
@Wealthfront
we’re hard at work building a financial system that favors people, not institutions. The deeper into the financial system we go, the more we see we need to fix. Money movement is a huge area for improvement.
Ready for some good news? We have some: Wealthfront's Tax-Loss Harvesting service has harvested almost $700 million of losses so far this year. The result? Lower tax bills for our clients. Learn more:
.
@Wealthfront
is hiring! We are looking for a Senior DevOps Engineer, a Senior Product Manager, and Director of Content Strategy (copywriter). Please email me at arachleff
@wealthfront
.com if you are interested
If you don’t want to use a financial planner then your only alternative to
@Wealthfront
’s free financial planning app is online calculators & spreadsheets. We compare the two in this post:
For anyone who needs ideas on how to deal with working from home if your kids’ school has closed, I encourage you to check out , a free curated compendium of tools and resources that was just created for parents dealing with school closures
Taxes are one of the three most import things to consider when investing.
@wealthfront
just published a great blog post on the subject: How Can I Minimize Taxes When I Invest?
"
@Wealthfront
, an automated financial advisor, said it has not seen a correlation between client withdrawals and market performance for the four stock corrections the company has experienced."
Hiring for an early-stage company requires founders to actively seek out 3 specific traits in each candidate.
@unusual_vc
's new guide from
@_chrismarty
outlines these traits, plus interview questions founders can use to vet candidates: