Experience with Wealthfront?

December 29, 2010 12:15 PM

Anyone have any experience with using or knowledge of Wealthfront (formerly Kaching)?

I like the general idea of Wealthfront but can find very little non press release sounding information about the service (I do find lots of good information about their software development methodology which I do like). The lack of real articles and reviews is in itself a bit worrying though. Thanks!

posted by cftarnas to Work & Money (3 answers total)

I think the data (wealthfron’ts ability to generate alpha through manager selection) is more important than reviews. Because they're regulated, if the company publishes false claims (or even just testimonials) then the SEC impose some serious penalties including jail time.
posted by django at 11:37 PM on December 29, 2010

I don't know anything about Wealthfront, but it's worth pointing out that the person who posted the only reply here has no previous history on the site, and joined on the day the question was asked.
posted by OmieWise at 7:12 AM on December 30, 2010

Response by poster: OmniWise: Sharp eye, thanks.

django: That investment return claims and regulated data is fine but does not give a complete picture of using the company. Other aspects, like customer service, reliability of the site, etc, are also very important.
posted by cftarnas at 3:48 PM on December 31, 2010