Overview
- Wealthfront, a pioneer in automated investing, now oversees more than $50 billion in assets for over 700,000 clients.
- The company has become profitable and is set to grow revenue by more than 140% this year.
- Wealthfront attributes its growth to new products, including automated bond portfolios tailored to each customer's tax situation.
- The company's EBITDA margins are above 40%, indicating strong profitability.
- Wealthfront is not currently considering acquisitions or an initial public offering, focusing instead on organic growth.