Wealthfront Inc. (Redwood City)

Name: Wealthfront Inc.
Address: 900 Middlefield Road, Redwood City, CA, 94063
Telephone: 844-995-8437

Wealthfront Inc. is a large advisory firm based in Redwood City. It manages $11.17 billion of regulatory assets for 275,184 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Wealthfront provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for approximately 215,500 clients. On top of advisory services, the firm doesn't engage in other business activities.

Wealthfront: assets under management

The assets under management (AUM) of Wealthfront Inc. is $11.17 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 102821% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $11.17 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $40.58 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 83% of the total AUM. The second-largest asset type is investment and business development companies, which make up 8% of the firm’s portfolio. Investments in other assets form 8% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Wealthfront Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients William Barry Mccarthy serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of William Barry Mccarthy is individuals with 215,347 clients and $8.72 billion of assets under management. Among the 9 most similar advisory firms, Wealthfront has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $11.17 billion for 216,599 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Wealthfront doesn't advise any private funds.

Careers at Wealthfront Inc.

The company employs 161 people that are either part- or full-time employees. 5 percent of the employees work as investment advisers or researchers. 15 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

William Barry Mccarthy has been acting as President since 1 Mar 2010. Burton Gordon Malkiel has served as the Chief Investment Officer since 1 Nov 2012. John Thomas Torola joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Andrew Rachleff	Executive chairman, shareholder	1 Oct 2006	Other	5608337
Jeff Jordan	Director, shareholder (common and preferred)	1 Oct 2006	Other	5608354
Morgan Hua	Shareholder (common)	1 Oct 2006	Other	5608360
Dan Carroll	Chief strategy officer, director, shareholder	1 Jan 2008	Other	5608342
Daniel Joseph Carroll	Chief strategy officer, director, shareholder	1 Jan 2008	Other	5608342
Pascal Perez	Vp, engineering & cto, shareholder (common)	1 Jan 2008	Other	5608348
Bruce Dunlevie	Shareholder (preferred)	1 Jun 2008	Other	5608357
Radar Partners Ii	Shareholder (preferred)	1 Jun 2008	Other	26-2009059
E. J. Borrack	Chief compliance officer & shareholder (common)	1 Jul 2009	Other	5711588
Rick Foreman	Vp, business operations & cfo & shareholder	1 Sep 2009	Other	5725469
L.P. Dag Ventures	Shareholder	1 Dec 2009	Other	26-3312327
L.P. Dag Ventures Iv Qp	Shareholder (common & preferred)	1 Dec 2009	Other	26-3312327
L.P. Dag Ventures Iv	Shareholder (common & preferred)	1 Dec 2009	Other	26-3312369
L.P. Dag Ventures Iv A	Shareholder (common & preferred)	1 Dec 2009	Other	26-3378432
William Barry Mccarthy	Director	1 Mar 2010	Other	1187807
Lily T Shen	Vp, marketing	1 Mar 2010	Other	3176288
Kristian Paul Mccabe	Svp, sales	1 Oct 2010	Other	2428457
E. J. Borrack	General counsel & shareholder (common)	1 Mar 2011	Other	5711588
Geoffrey William Moore	Chief compliance officer	1 Mar 2011	Other	2640126
James Edward Meyer	Vp, engineering	1 Jun 2011	Other	2605238
David Fortunato	Chief technology officer	1 Dec 2011	Other	6023458
David Kimball Fortunato	Chief technology officer	1 Dec 2011	Other	6023458
Brian Patrick Dennen	Chief compliance officer	1 Jan 2012	Other	3239786
Burton Gordon Malkiel	Chief investment officer	1 Nov 2012	Other	1462312
Index Ventures	Shareholder	1 Mar 2013	Other	98-1049495
Index Ventures Associates Vi (Jersey) Lp	Shareholder (common & preferred)	1 Mar 2013	Other	98-1049495
Michelangelo Volpi	Director	1 Oct 2013	Other	6366679
Michelangelo Achille Volpi	Director	1 Oct 2013	Other	6366679
Adam S Nash	President and ceo, director	1 Jan 2014	Other	6297926
Ashley Whitfield Fieglein	Cfo	1 Jun 2015	Other	2750822
Ashley Whitfield Fieglein Johnson	Chief financial officer, chief operating officer & chief compliance officer	1 Jun 2015	Other	2750822
Michael Schroepfer	Director	1 Nov 2015	Other	6621857
Michael Todd Schroepfer	Director	1 Nov 2015	Other	6621857
Roy Walter Adams	V.p. of legal, general counsel	1 May 2016	Other	2511672
Harriet Jayne Britt	Chief compliance officer	1 Jul 2016	Other	1429634
John Thomas Torola	Chief compliance officer	1 Sep 2016	Other	1619507
Andrew Samuel Rachleff	Ceo & president, executive chairman, director, shareholder	1 Nov 2016	Other	5608337
Andrew Rachleff	Ceo & president, executive chairman, shareholder	1 Nov 2016	Other	5608337
Jason Alan Kilar	Director	1 Oct 2017	Other	6874348
Llc Tiger Global Management	Shareholder	1 Dec 2017	Other	160318
Andrew J Johns	President	1 Jan 2018	Other	6920542
Julius Raphael Leiman Carbia	Chief compliance officer	1 Jun 2018	Other	2468086
Wealthfront	Sole member	1 Aug 2018	75% - 100%	148456
John Thomas Torola	Chief compliance officer	1 Sep 2106	Other	1619507

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Charles Payson Coleman	Member	1 Mar 2001	75% - 100%	6029260
Douglas Mackenzie	Managing member	1 Jun 2008	25% - 50%	5608376
Kevin Compton	Managing member	1 Jun 2008	25% - 50%	5608379
Stratton Sclavos	Managing member	1 Jun 2008	25% - 50%	5608381
Llc Dag Ventures Iv Management	General partner	1 Sep 2008	Other	26-3312198
R Thomas Goodrich	Manager	1 Sep 2008	Other	5888432
John James Cadeddu	Manager	1 Sep 2008	Other	2976156
Index Venture Associates Vi Limited	Managing general partner	1 Apr 2013	Other	98-1049495

Based in Redwood City

The principal office where Wealthfront Inc. performs its advisory services is located at 900 Middlefield Road, Redwood City, CA 94063, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 844-995-8437 or by fax 800-366-1679. The normal business hours are 7am - 5pm pacific on Monday - Friday. You can find more information about the New York firm at wealthfront.com.