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LAST UPDATED: September 28th, 2019

Wealthfront was founded in 2011 to democratize the access to investment products. Based in Palo Alto, California, Wealthfront automates investments using software that maintains an appropriate investment mix over time and reduces the taxes you need to pay.

The company’s mobile app gives you a single view of all of your finances, including savings and checking accounts. Users earn interest with a Wealthfront checking account, which is FDIC-insured up to $1 million.

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