On September 29, 2025, robo-advisory firm Wealthfront Corp. (WLTH.US) officially submitted its IPO application to the U.S. Securities and Exchange Commission, seeking to list on the NASDAQ market. According to filing documents, for the six months ended July 31, 2025, the company reported revenue of $175.6 million and net profit of $60.7 million, compared to revenue of $145.9 million and net profit of $132.3 million for the same period last year. The current period's net profit included $13.3 million in income tax provisions, while the 2024 period benefited from $54.1 million in tax advantages. However, adjusted EBITDA still grew 16% year-over-year. As of July 31, the platform's assets under management reached $88.2 billion.

As a fintech company renowned for its automated investment platform and high-yield savings accounts, Wealthfront's IPO plans follow industry trends—previously Klarna Group (KLAR.US) and Chime Financial (CHYM.US) advanced their IPOs as markets recovered from Trump administration tariff impacts, while Lendbuzz Inc. and Ethos Technologies Inc. also submitted listing applications this month.

Notably, UBS Group attempted to acquire Wealthfront for $1.4 billion in 2022 to expand its high-net-worth client base, but terminated the deal the same year. Filing documents reveal that Wealthfront's investor lineup includes Tiger Global Management (holding 19.7% pre-issuance), DAG Ventures (12.3%), and Index Ventures (11.5%). The offering will be led by Goldman Sachs Group and JPMorgan Chase as underwriters.

The company previously filed its IPO application confidentially in June this year, and this public disclosure marks the formal launch of its listing process.