Articles under “Wealthfront news”
Stay updated on Wealthfront company news, including new product releases, key executive hires, and major milestones.
Consumers currently have a huge number of low-risk liquid accounts from which to choose, each belonging to financial institutions that will tell you theirs is the best. So how do you know which account is best?Read more
Ally and Marcus Lowered Interest Rates During The Same Week The Wealthfront Cash Account APY Increased: Here’s Why That Might’ve Happened
Two popular banks offering high-interest savings accounts — Goldman Sachs’s Marcus and Ally Bank — cut their interest rates by 0.1% to 2.15% and 2.1% respectively within 48 hours of Wealthfront’s cash APY going up again. So why did this happen?Read more
Since we launched the cash account in February, our clients have earned over $10 million in interest, more than 23 times as much as their money would have earned in a traditional savings account.Read more
The fed funds rate influences nearly every financial institution, and a rate decrease directly impacts consumers. When the rate goes down, high yield savings account rates go down, too.Read more