Wealthfront is an online investment manager. They manage investments for customers, from building a fully diversified
portfolio to periodic rebalancing.
Wealthfront does not charge an advisory fee on the first $10,000 of assets under management. On amounts over $10,000,
Wealthfront charges a monthly advisory fee based on an annual fee rate of 0.25%.
The only other fee you incur is the very low fee embedded in the cost of the ETFs an investor will own that averages 0.12%.
Once an account is established, invite friends to receive an additional $5,000 managed without an advisory fee in your account.
This also applies to each friend, colleague or family member who accepts your invite.
The service is pretty accurate and I received pretty much what I expected from this company. I would highly recommend it to family and friends who are looking for investments. They are very helpful. They help me understand what I am getting myself into financially and are there to help answer any questions that I have about their services. The additional fees really aren't that big of a deal for the service that I received from them. They are worth paying more for and I would expect to pay more for better services. Very easy to use with the help that I received. Before them, I had no idea what I was doing. Now I am better at what I am doing.
Their platform is simple, elegant, and accessible across any of my devices. Its easier than any other investing site I've used before.
I'm making great returns with Wealthfront. It's a "rob-advisor" that does all your investing for you. Estimated 5.5% yearly returns. I'm already up 5.9% in 3 months. That could be because I started in a down market and it bounced back. If you have money to invest and don't know how to invest then definitely check this out. If you sign up with my referral link we both get $5,000 extra managed for free. That's $15,000 managed for free. It's way better than the pennies you make in your savings account.
If you look at your 401K you will notice tremendous fees going to the people running these funds. Not so for wealthfront and if you are still in your 30s this adds up to quite a bit of money by the time you are 65.
Fees are a big deal and in the end it is what separates out startups like wealthfront from bigger players. Vanguard has low fees and you know what...wealthfront is better on some funds. Much better interface to track your investments though.
Wealth Front is an easy way to manage personal investments with lower fees than a traditional wealth management or brokerage firm. I like to do a lot of my own investing so it suited me just fine. I don't know how it compares to Vanguard and other low-cost providers but I've been impressed by Wealth Front so far.
"They have combined the best of modern technology with rigorous investment research to provide diversified, low-cost,
tax-efficient portfolios comprised of index ETFs."
"Wealthfront is one of the biggest players in the robo-advisor movement. The company’s methodology includes giving investors
a streamlined questionnaire to identify risk tolerance, then employing exchange-traded funds (ETFs) in 11 asset classes."