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Andy Rachleff

Co-Founder & Executive Chairman, Wealthfront · 1 appearance on the record.

computed by AI from the episodes · how this works → · full disclaimer →

investorfounderexecutiveacademic@arachleff ↗LinkedIn ↗wealthfront.com ↗Wikipedia ↗

Andy Rachleff co-founded Benchmark Capital, where he served as a general partner and led early investments in companies like Juniper Networks and Equinix. He later co-founded the automated wealth management platform Wealthfront and serves as a lecturer at the Stanford Graduate School of Business.

15statements → 10claims → 2claims resolved → 3.67/5average certainty → 2.27/5average debate potential → ≈4.5/5argument clarity, estimated → 26said about them ↓

1 supported 0 partly supported 1 contradicted 1 not yet assessed 7 not checkable as stated how the 10 claims stand · each chip opens the sources

1 prediction · 9 assertions · 2 opinions · 3 disclosures · every statement was checked. The prediction and assertions are the 10 claims: statements the public record can support or contradict. 2 are resolved, 1 is not yet assessed, and 7 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Andy argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Assertion Supported
Rachleff: Daily Tax-Loss Harvesting Adds 1.5% to 2% to Returns
“And if you do tax loss harvesting just at year end, according to our research, that can add about .6% to your annual after tax return. But by looking for these losses daily, it can add, as I said, one and a half to two percent.”
Andy Rachleff Dec 4, 2016 ▶ 8:04 EP 498: $130M Raised Wealthfront Crosses 100,000 Investors, $4.4B in AUM with CEO Andy Rachleff

Their most notable contradicted claim

Assertion Contradicted
Rachleff: Wealthfront Was First To Bring Virality To Investing
“It's the first time a virality has been applied to the investment world.”
Andy Rachleff Dec 4, 2016 ▶ 11:29 EP 498: $130M Raised Wealthfront Crosses 100,000 Investors, $4.4B in AUM with CEO Andy Rachleff

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Andy Rachleff on measured tape to publish a rate. This says nothing about how they speak.

Everything Andy Rachleff said on Top Founders that made the record, most notable first. Filter by type, assessment or year in the ledger →

Assertion Not checkable as stated
Rachleff: Yale's David Swensen Called Wealthfront The Best Asset Manager
“He's been an investor in my two venture capital firms. And when he heard about Wealthfront, he said, you know, I think this is the best way to manage assets other than perhaps the top 10 endowments in the world.”
Andy Rachleff Dec 4, 2016 ▶ 4:10 EP 498: $130M Raised Wealthfront Crosses 100,000 Investors, $4.4B in AUM with CEO Andy Rachleff
Prediction Open · timeframe Dec 2021
Rachleff: Automated Investment Services Will Ultimately Manage More AUM Than ETFs
“So that gives me faith that ultimately automated investment services are actually going to manage more assets than even ETFs.”
Andy Rachleff Dec 4, 2016 ▶ 10:05 EP 498: $130M Raised Wealthfront Crosses 100,000 Investors, $4.4B in AUM with CEO Andy Rachleff
Opinion
Rachleff: Vanguard Is The Only Financial Firm That Puts Clients First
“We think Vanguard is the only company that we know of in financial services that puts its clients first.”
Andy Rachleff Dec 4, 2016 ▶ 14:51 EP 498: $130M Raised Wealthfront Crosses 100,000 Investors, $4.4B in AUM with CEO Andy Rachleff
Opinion
Rachleff: Financial Industry Relies on Abhorrent Fees and Sleight of Hand
“The amount of sleight of hand and inappropriate fees that are charged by this industry is just abhorrent.”
Andy Rachleff Dec 4, 2016 ▶ 15:07 EP 498: $130M Raised Wealthfront Crosses 100,000 Investors, $4.4B in AUM with CEO Andy Rachleff
Assertion Not checkable as stated
Rachleff: Wealthfront's Tax Minimization Value Outweighs Fees Six-To-Eight Fold
“And the reason is that we're able to do things in software with regard to minimizing your taxes that Vanguard cannot. And the benefit of that tax minimization is worth at least six to eight times what we charge in fees.”
Andy Rachleff Dec 4, 2016 ▶ 6:00 EP 498: $130M Raised Wealthfront Crosses 100,000 Investors, $4.4B in AUM with CEO Andy Rachleff
Assertion Supported
Rachleff: Daily Tax-Loss Harvesting Adds 1.5% to 2% to Returns
“And if you do tax loss harvesting just at year end, according to our research, that can add about .6% to your annual after tax return. But by looking for these losses daily, it can add, as I said, one and a half to two percent.”
Andy Rachleff Dec 4, 2016 ▶ 8:04 EP 498: $130M Raised Wealthfront Crosses 100,000 Investors, $4.4B in AUM with CEO Andy Rachleff
Assertion Contradicted
Rachleff: Wealthfront Was First To Bring Virality To Investing
“It's the first time a virality has been applied to the investment world.”
Andy Rachleff Dec 4, 2016 ▶ 11:29 EP 498: $130M Raised Wealthfront Crosses 100,000 Investors, $4.4B in AUM with CEO Andy Rachleff
Assertion Not checkable as stated
Rachleff: Wealthfront Holds $60M Cash, Beating Competitors On Capital Efficiency
“All I know is that we still have sixty million dollars in the bank, so we've been a heck of a lot more efficient with our capital than any other player in our space, and that's something that we've been paying a lot of attention to.”
Andy Rachleff Dec 4, 2016 ▶ 16:26 EP 498: $130M Raised Wealthfront Crosses 100,000 Investors, $4.4B in AUM with CEO Andy Rachleff
Assertion Not checkable as stated
Rachleff: Wealthfront uses David Swensen's endowment asset allocation methodology
“Well, the way that we allocate assets or the way that we generate our investment mix is based on the same techniques that he uses. He has access to alternative assets, which we do not because you need to be an accredited investor to access that, but the same m…”
Andy Rachleff Dec 4, 2016 ▶ 4:36 EP 498: $130M Raised Wealthfront Crosses 100,000 Investors, $4.4B in AUM with CEO Andy Rachleff
Assertion Not checkable as stated
Rachleff: 15% Of Wealthfront Referral Invites Become Funded Accounts
“Something on the order of 15%.”
Andy Rachleff Dec 4, 2016 ▶ 12:24 EP 498: $130M Raised Wealthfront Crosses 100,000 Investors, $4.4B in AUM with CEO Andy Rachleff
Disclosure
Rachleff: Wealthfront manages about $4.4 billion in AUM
“About 4.4 billion.”
Andy Rachleff Dec 4, 2016 ▶ 8:37 EP 498: $130M Raised Wealthfront Crosses 100,000 Investors, $4.4B in AUM with CEO Andy Rachleff
Disclosure
Rachleff: Wealthfront has around 100,000 clients
“It's around a 100,000 clients right now.”
Andy Rachleff Dec 4, 2016 ▶ 10:22 EP 498: $130M Raised Wealthfront Crosses 100,000 Investors, $4.4B in AUM with CEO Andy Rachleff
Disclosure
Rachleff: Wealthfront Manages The First $10,000 For Free
“Well, actually we manage the first 10,000 on your behalf for free, and then we only charge a quarter of a percent on the amount we manage in excess of 10,000 dollars.”
Andy Rachleff Dec 4, 2016 ▶ 10:51 EP 498: $130M Raised Wealthfront Crosses 100,000 Investors, $4.4B in AUM with CEO Andy Rachleff
Assertion Not checkable as stated
Rachleff: Over 70% of Wealthfront clients have at least $10K invested
“I don't know that number offhand, but I would imagine it's in excess of 70%.”
Andy Rachleff Dec 4, 2016 ▶ 13:01 EP 498: $130M Raised Wealthfront Crosses 100,000 Investors, $4.4B in AUM with CEO Andy Rachleff
Assertion Not checkable as stated
Rachleff: Wealthfront's Largest Non-Affiliated Client Has $16 Million Invested
“Actually our largest while we're not targeting people of this size, our largest non-affiliated client has sixteen million with us.”
Andy Rachleff Dec 4, 2016 ▶ 13:11 EP 498: $130M Raised Wealthfront Crosses 100,000 Investors, $4.4B in AUM with CEO Andy Rachleff

The other half of the tape: Andy Rachleff's own voice is left out of every number here. Other people bring the name up 26 times in 11 episodes on Top Founders. every mention, with the transcript →

Who brings them up most Nathan Latka 26

Every mention by year

tap a year for its mentions
0013425820162017episodesmentions
04820162017episodes it came up in
001.543820162017episodesmentions per episode
2017 21 mentions in 8 episodes 3 per episode
2016 5 mentions in 3 episodes 2 per episode

Appearances (1)

EpisodeDateSpeaking time
EP 498: $130M Raised Wealthfront Crosses 100,000 Investors, $4.4B in AUM with CEO Andy Rac Dec 4, 2016 9m
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