Rachleff: Wealthfront software outperforms Goldman Sachs' $15M accounts for $500
Andy Rachleff · a16z Podcast | From Teaching Leadership to Being a Leader · Jan 2, 2019 · at 1:27
Andy Rachleff, co-founder and CEO of Wealthfront, explains Wealthfront's founding mission to democratize financial services.
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“So basically what we're trying to do is take the financial services that are delivered to the very wealthy through people called private wealth managers, automate those services and software so we can deliver it for account minimums of as low as 500 dollars, and deliver better outcomes than what Goldman Sachs gives you with a fifteen million dollar account.”
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