Although best known for its automated investment portfolios, Wealthfront’s major source of revenue comes from its high-yield ...

With nearly $90 billion in client assets, the Palo Alto-based fintech is eyeing an addressable market of digital natives projected to reach $140 trillion by 2045.

The Palo Alto robo-advisor reported net profit of $123 million on $339 million in revenue over the past year. Wealthfront CEO David Fortunato joined the company in 2009 as its third employee.

What Is the Wealthfront Cash Account? Wealthfront isn’t a bank itself; it’s an investment services firm. The company is mainly known for its robo-advisor service, which customers can use to automate ...

The Silicon Valley robo-advisor, which has 1.3 million customers, is expanding into home lending as it also tries to go public. Since its inception, Wealthfront has tried to use technology to automate ...