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Andy Rachleff
2,240 posts
Andy Rachleff
@arachleff
- Fun fact about @Wealthfront: yesterday we grew our assets under management by more than $100 million. It took us 13 months to attract our first $100 under management. We can't thank our wonderful clients enough for making this possible!
- Really excited to share that @Wealthfront has agreed to be acquired by @UBS. Read more from @margotpatrick via @WSJ
- It’s Not First to Market That Wins. It’s First to Product / Market Fit.
- We're so excited to share that the @Wealthfront FDIC insured high-interest Cash Account has already reached $1 billion in deposits! Read more from @CNBC & @Kr00ney
- I just experienced one of the biggest differences between a digital first & traditional bank. I tried to close a @wellsfargo account and was told I have to speak to a banker. When I called I was told there’s a 40 minute wait. @wealthfront, it’s one click.
- I'm thrilled to announce that @Wealthfront's FDIC-insured Cash Account is now paying 2.51%, the highest interest rate on the market according to Bankrate: bankrate.com/banking/wealth…
- Since our inception 6 years ago @Wealthfront generated a 10.02% avg annual return (on a risk 8 portfolio) despite 4 market corrections. That does not include tax-loss harvesting benefit which could have added up to 2.25% annually depending on your tax rate
- Ever wonder how to trade salary for equity? I just wrote a post to explain:
- You might also be surprised to learn that the leader in a market is worth more than all the other players combined
- Ever wonder why VC backed companies lose so much money? Read Demystifying Venture Capital Economics, Part 2:
- .@Wealthfront now offers a Cash Account that has 4 times the FDIC insurance of a bank, pays 2.24% and allows unlimited free transfers each month:
