Wealthfront, the Palo Alto–based robo-advisor pioneer, has filed for a U.S. IPO on the Nasdaq under the ticker “WLTH,” joining a 2025 wave of fintech listings including Chime and Klarna. The firm, led by CEO David Fortunato, reported $308.9 million in revenue and $194.4 million in net income for fiscal 2025, with $88.2 billion in assets and 1.3 million clients as of July 31. Founded in 2008, Wealthfront targets digital-native, high-earning investors, positioning itself as a fully automated wealth management platform after its previously planned $1.4 billion acquisition by UBS collapsed in 2022 amid fintech market volatility.

Wealthfront Files for IPO, Joining Wave of Fintech Firms Going Public in 2025