Articles tagged "David Fortunato"
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Wealthfront files for IPO -- for real this time --and reveals that it is handsomely rewarding CEO David Fortunato and its young CTO
The Palo Alto firm disclosed $47 billion in bank assets and $42 billion in RIA AUM in the filing -- and healthy earnings
September 30, 2025 at 1:21 AM
After Chime IPO success, Wealthfront quickly files for its own -- on strength of bank deposit growth -- as its RIA managed assets slip sideways and the bitter taste of its failed UBS deal lingers
If it goes ahead with the IPO, analysts expect Wealthfront will net a valuation in excess of the $2 billion the company used in a Dec. 2024 share buyback program.
June 27, 2025 at 1:21 AM
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