Wealthfront

Palo Alto, CA, United States Financial Services Public

Wealthfront is a digital financial advisor offering automated investment management, financial planning, cash management, and lending services. The company uses algorithms and machine learning to provide personalized portfolio management and tax-loss harvesting for retail and affluent investors. Founded in 2008 by Andy Rachleff and Dan Carroll, Wealthfront went public on December 12, 2025 (ticker WLTH) on the Nasdaq Global Select Market.

Public Company

Wealthfront is publicly traded

IPO'd on December 12, 2025

WLTH Nasdaq

This company is no longer available on our private secondary market. Shares can be traded publicly under WLTH.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2008

Employees

440–450

Total Funding

$2.18B

10 rounds

Last Private Valuation

$1.4B

September 2, 2022

Funding

Total raised $2.18B across 10 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

UBS acquisition (terminated)

Date

January 26, 2022

Amount

$1.4B

Valuation

$1.4B

Lead Investors

UBS
DateRoundAmount RaisedValuationLead Investors
2024 IPO (rumored) Not disclosed $2B Not disclosed
September 2, 2022 UBS Note $69.7M $1.4B UBS
January 26, 2022 UBS acquisition (terminated) $1.4B $1.4B UBS

Funding by Round

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Valuation Trajectory

Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.

If you invested at:
0.5x 1x 2x 2016 2018 2020 2022 2024 Wealthfront

Entry · Series D-1

$0.7B

Oct 2014

Wealthfront today

$2B

Jan 2024 · latest mark

Wealthfront multiple

2.9x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Andy Rachleff

    CEO & Co-Founder

    LinkedIn
  • Daniel Carroll

    Chief Strategy Officer & Co-Founder

    LinkedIn
  • David Fortunato

    President

    LinkedIn

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Betterment

    Pioneer robo-advisor offering digital portfolio management at 0.25% fee with optional premium tier for access to human financial advisors.

  • Vanguard Personal Advisor Services

    Established wealth management provider offering hybrid digital tools and human guidance with fees between 0.20% and 0.25%.

  • M1 Finance

    Broker-dealer with robo-like features allowing custom portfolio construction with zero investment management fees for basic service.

  • Schwab Intelligent Portfolios

    Charles Schwab's robo-advisor offering zero advisory fees and direct indexing capabilities.

  • Fidelity Go

    Fidelity's automated investing service with zero advisory fees and customizable portfolios.

  • Ally Invest Managed Portfolios

    Ally Bank's robo-advisory offering with low fees and automated portfolio management.

Wealthfront Investment FAQ

Wealthfront FAQ

Yes, Wealthfront is publicly traded under the ticker symbol WLTH on the Nasdaq. The company went public in December 12, 2025.

Wealthfront trades under the ticker symbol WLTH on the Nasdaq. It began trading in December 12, 2025.

Wealthfront (WLTH on the Nasdaq) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker WLTH to place an order.

Wealthfront went public in December 12, 2025 via ipo, with an offering valuation of approximately $1.4B. Wealthfront completed its initial public offering on December 12, 2025, on the Nasdaq Global Select Market under ticker symbol WLTH, pricing shares at $14.00 per share. The company raised $484.68 million and achieved a fully diluted market capitalization of approximately $2.6 billion. Prior to the IPO, Wealthfront had agreed to be acquired by UBS in January 2022 for $1.4 billion, but the companies mutually terminated this agreement in September 2022, allowing Wealthfront to remain independent and eventually proceed with its public offering.

Wealthfront raised $2.18B across 10 disclosed funding rounds prior to its public listing.

Wealthfront was co-founded by Andy Rachleff, and Daniel Carroll in 2008.

Wealthfront is headquartered in Palo Alto, CA, United States.

Access live market data

Sign Up

Data collected with AI, which can make mistakes. Please double-check this information.