With its initial public offering (IPO) priced at the upper end of the expected range, Wealthfront has raised $486 million, securing an estimated valuation of around $2 billion.

Roughly 34.6 million shares were sold at $14 each according to details released with the listing. This addition to a stream of fintech listings in the US during 2025 marks continued investor interest despite initial concerns about trade policies and a prolonged federal government shutdown. Wealthfront’s stock is set to begin trading on Nasdaq under the symbol “WLTH”, with Goldman Sachs, J.P. Morgan, and Citigroup acting as lead underwriters.

Positioning in an active year for fintech listings

Wealthfront’s IPO places it among several notable financial technology firms that have recently gone public this year. Other examples include the digital bank Chime Financial and the payments firm Klarna, contributing to what analysts consider a relatively strong period for the industry.

Founded in 2008, Wealthfront offers automated financial services such as cash management products, exchange-traded funds, bond investing, trading capabilities, and access to consumer lending. The company has emphasized automation to reduce costs and enhance portfolio management efficiency, with recent additions including AI features in its financial planning tools.

Wealthfront is headquartered in Palo Alto, California, positioning itself within the broader trend towards digital-first wealth management models.