UBS has agreed to acquire Wealthfront for $1.4 billion in an all cash transaction. Wealthfront has sent out an e-mail to existing users stating:
- Wealthfront will be able to offer you even more compelling products and services now that we have UBS as a partner.
- Our advisory fee and investment philosophy will remain the same.
- We will continue to offer all our services as usual, and we’re building more this year that we think you’ll love. Our desire to innovate has not changed.
Some readers might have an account from the 1.78% account or the brokerage bonus.