Wealthfront, the robo-adviser that nearly sold to UBS for $1.4b three years ago, has filed confidentially to go public, it announced Monday. The company joins a string of companies testing the 2025 markets, but it's a unique test as Wealthfront advises its customers to have a buy-and-hold mentality, making it potentially the first direct-to-consumer wealth management to try the markets depending on the ultimate timing.
The company's CFO previously told Axios that it had some $200 million in revenue in 2023, and was net income profitable. That was followed by some $290 million in revenue the next year.
https://www.axios.com/pro/fintech-deals/2025/06/23/wealthfront-files-confidentially-ipo