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Andy Rachleff takes back CEO spot at Wealthfront at critical juncture

Adam Nash bows out after overseeing growth to $4.5 billion of AUM

Author Brooke Southall October 31, 2016 at 11:34 PM
Admin:
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Andy Rachleff: I realized that instead of spending less time with the company, I actually want to spend more.

MA Advisor

MA Advisor

November 1, 2016 — 1:35 AM
Nash is the reason that Wealthfront is playing catch-up to the other major robo-advisors. His arrogance in refusing to partner with advisors or other companies -- we can do it all by ourselves -- cost the company the early lead, which they will never regain. Unlikely that they will be around two years from now.

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See more related moves

Mentioned in this article:

Wealthfront
Portfolio Management System
Top Executive: Andy Rachleff

Betterment, LLC
Financial Planning Software
Top Executive: Jon Stein



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