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Wealthfront throws engineering at its large-account 'problem'

The Palo Alto-based automated money manager addresses tax slippage from transfers of HNW accounts to its website

Author Sanders Wommack February 23, 2015 at 8:39 PM
no description available
Adam Nash: When you start handling large accounts, you start having to deal the problems that come with them.

Stephen Winks

Stephen Winks

February 23, 2015 — 9:47 PM

At least Wealthfront is adapting unlike Wall Street.

This is an amateur mistake, but is encouraging in its interest in continuous improvement—the early impediment to not quite ready Robo Advice.

Stephen Winks

Matt M

Matt M

July 31, 2015 — 7:59 PM

The last sentence reads “$400 million AUM” and earlier reads “close to $2 billion of managed assets”. Are these the same? What am I missing? Thanks!

brooke southall

brooke southall

July 31, 2015 — 8:08 PM


I believe the first amount was Wealthfront and the second was FutureAdvisor.


Matt M

Matt M

July 31, 2015 — 8:52 PM

That makes sense! Thanks brooke!

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Mentioned in this article:

Portfolio Management System
Top Executive: Andy Rachleff

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