Overview

• Wealthfront submitted a confidential IPO filing on June 23 in the United States, with share counts and price range still to be determined pending SEC clearance and market conditions
• The digital wealth manager has grown its assets under management to roughly $85 billion and serves over one million customers, surpassing $80 billion in client assets in April 2025
• Since 2023, the company has sustained EBITDA margins above 40% and reached an annual revenue run rate of more than $340 million with just 330 employees
• This move follows recent public listings by Chime Financial and Circle, and comes as fintech peers including Klarna and Plaid also prepare for their own IPOs
• Wealthfront was valued at $1.4 billion in 2022 when UBS’s proposed acquisition was called off, highlighting its independent growth since its 2008 founding