Wealthfront Hits $1 Billion Milestone

By
Nick Summers
Adam Nash, president and chief executive officer of Wealthfront during an interview in San Francisco on Feb. 21 Photograph by David Paul Morris/Bloomberg

It’s official: Online investment service Wealthfront says it has amassed more than $1 billion in assets under management, a milestone as it battles Betterment, Personal Capital, and other “robo-advisers” for investor capital.

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