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Andy Rachleff makes waves with NY Post quote: Don't get 'hung up' on our lose-more-funds-than-you-deposit disclosure

Fresh off blasting BlackRock, the feisty Wealthfront CEO claims he was 'misrepresented' as the robo offers ready credit lines for those with $100K-plus in taxable accounts

Tuesday, April 25, 2017 – 9:06 PM by Janice Kirkel
Admin:
no description available
Andy Rachleff (as quoted in the NY Post): If you don’t read the disclosure, you don’t get confused about it.

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

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Wealthfront cedes to four years of investors clamoring for crypto by taking on expensive third-party vendor that Betterment rules out

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Oisín's Bits: Wealthfront drops old mission statement, declares war on institutions and emphasizes banking future • Seeking Utah charter, Edward Jones may become largest bank in US by branch count • After Advent chief leaves, Black Diamond head steps up

Andy Rachleff cans the old 'democratizing' mission statement at his robo; The 14,200 one-man Ed Jones branches may become branch banks; Steve Leivent consolidates power at SS&C.

July 3, 2020 – 1:12 AM

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Mentioned in this article:

Nexus Strategy
Consulting Firm
Top Executive: Timothy D. Welsh

Wealthfront
Portfolio Management System
Top Executive: Andy Rachleff




FAA

FAA

April 26, 2017 — 1:34 PM
In the kingdom of the blind...the one eyed man is king!
Figgidy

Figgidy

April 26, 2017 — 6:56 PM
This guy is a PR nightmare and says things which damage the Wealthfront brand! I hate to say it, but can Nash come back...?

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