Wealthfront Reports Fiscal Second Quarter 2027 Results
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Total Platform Assets up 12% year-over-year to $99.0 billion at the end of the quarter Funded clients up 14% year-over-year to 1.5 million at the end of the quarter Surpassed $100 billion in Total Platform Assets as of the end of August PALO ALTO, Calif., Sept. 09, 2026 (GLOBE NEWSWIRE) -- Wealthfront Corporation (Nasdaq: WLTH), a tech-driven financial platform helping digital natives turn their savings into wealth, announced financial results for its fiscal second quarter ended July 31, 2026. David Fortunato - CEO, President & Director: “Our focus on growing with clients through their wealth-building journeys has resulted in the purposeful construction of a durable business model that surpassed $100 billion in Total Platform Assets as of the end of August. We are extremely proud of this achievement and will continue supporting our clients with innovative products as they make significant life decisions such as buying homes and starting families. This quarter, we made further progress in automating the home mortgage origination process and enhanced our suite of family wealth management offerings with Custodial Accounts. We remain focused on shipping products aligned with our clients’ interests, and in doing so, believe we are in a strong position to achieve our goal of becoming the modern wealth manager for digital natives.” Alan Imberman - CFO & Treasurer: “Our product-led...
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Our product-led growth strategy drove another strong quarter of adjusted free cash flow and enabled us to continue to invest in the organic build out of Wealthfront Home Lending, launch Custodial Accounts, and deliver several enhancements to our Cash Management and Investment Advisory products.