Core Insights - Wealthfront has filed for an initial public offering (IPO) with plans to list on NASDAQ under the symbol "WLTH" [1] - The company had approximately $88 billion in platform assets and 1.3 million customers as of July 2025 [2] - Projected year-over-year growth in platform assets is 24%, with expected revenue growth of 26% to $339 million for the 12 months ending in Q2 2026 [3] Company Overview - Founded in 2008, Wealthfront is recognized as a leading robo-advisor, focusing on technology to deliver financial products efficiently [2][4] - The firm has avoided using human financial advisors, contrasting with competitors like Betterment [5] - Wealthfront's CEO, David Fortunato, emphasizes the importance of technology in overcoming challenges and improving client services [5] Financial Performance - The company anticipates a 24% increase in platform assets year-over-year by Q2 2026 [3] - Revenue is projected to grow by 26%, reaching $339 million for the 12 months ending in Q2 2026 [3] IPO Details - Goldman Sachs and J.P. Morgan are the lead bookrunners for the IPO, with Citigroup, Wells Fargo Securities, and RBC Capital Markets as active bookrunners [7] - The offering's pricing has not yet been determined, leaving uncertainty about the capital Wealthfront will raise [1] Historical Context - In January 2022, UBS planned to acquire Wealthfront for $1.4 billion, but the deal was terminated by September of the same year [5] - UBS later purchased a $69.7 million note convertible into Wealthfront shares [5] Product Offerings - Wealthfront has expanded its customizable robo portfolios to include cryptocurrency trusts and various ETFs [6]