Wealthfront Closes A Big New Round As Competitors Crowd The Wealth Management Market
October 27, 2014 at 19:54 PM EDT
The automated wealth management firms (known as “robo-advisors”) that are bringing algorithmically enhanced services to the stodgy world of retirement planning are gearing up to go Terminator as competition intensifies. In what’s sure to be the first shot in a salvo of big new rounds for these (no-longer) startups, Palo Alto, Calif.-based Wealthfront has raised roughly $70… Read More