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Andy Rachleff blasts flesh-and-blood advisors -- even planners -- as Wealthfront returns to offense in robo game after losing ground under former QB Adam Nash

The Redwood City robo's founder and CEO sneers at the traditional retirement planning process even as Wealthfront concedes it's still chasing the essential snark of automated advice: artificial intelligence

Author Lisa Shidler and Brooke Southall February 24, 2017 at 5:33 PM
Admin:
no description available
Andy Rachleff: You know what? It’s going to keep getting better. Because software is better than people

TechAdvisor

TechAdvisor

February 25, 2017 — 2:14 AM
Well, you have to say something to keep the PE money flowing. Innovation is great for the industry (Clients & Modern Advisors). Especially for some of us that will still be in business when their PE money runs out...
robbie

robbie

February 25, 2017 — 8:53 PM
One time i called this idiot Andy Rachleff and asked him for a coffee, and he was the rudest idiot i have met on Earth. He is useless. Anybody who works for this creep -- I am sorry, you need to tell the world about him.

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Wealthfront's unlikely tapping of Sheila Bair and Tom Curry signals likely push to gain a bank charter, analysts say

The Redwood City robo-advisor's addition of two renowned former chief banking regulators brings legitimacy and guidance that could lead to a margin-fattening bank charter and help solve the robo-advisor's problem of high client acquisition costs.

December 31, 2020 at 4:37 AM

Alan Moore can't catch a break; AdvicePay CEO exits after seven months, adding job he hoped to escape back on top of XYPN role; search on for new AdvicePay president

The job will be step below CEO, and new hire must have affinity for both touchy-feely culture and aggressive growth in Montana's wide open expanses

March 9, 2024 at 2:58 AM

July 11, 2023 at 2:46 AM

Alan Moore is the No. 2 busiest man in the RIA business and he just convinced the No. 1 busiest man to budget $200,000 to hire a 'rockstar' to replace him

Alan Moore is CEO of both XY Planning Network and AdvicePay -- and he has three young kids; Michael Kitces agreed to let him hire a full-time replacement CEO for AdvicePay -- with some giant reqirements for the new exec.

February 14, 2023 at 3:15 AM

See more related moves

Mentioned in this article:

FPPad.com
Consulting Firm
Top Executive: Bill Winterberg

Wealthfront
Portfolio Management System
Top Executive: Andy Rachleff

Technology Tools for Today
Consulting Firm
Top Executive: Joel Bruckenstein

Kitces.com
Consulting Firm
Top Executive: Michael Kitces

Betterment, LLC
Financial Planning Software
Top Executive: Jon Stein



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