David Fortunato
David Fortunato is the CEO of Wealthfront, having joined the company in 2009 as its inaugural CTO. He was instrumental in launching the company to its first clients in 2011 and previously served as President. Fortunato has overseen significant growth, with Wealthfront managing over $80 billion in assets across more than a million client accounts as of March 2025. David Fortunato joined Wealthfront in 2009 as its third employee and inaugural CTO, playing a key role in launching the company to its first clients in 2011. He was instrumental in building Wealthfront's automated investment platform, including loss-harvesting and direct-indexing software. Fortunato became President in 2019 and was appointed CEO in 2021. Under his leadership, Wealthfront has grown to manage over $88 billion in total assets for 1.3 million clients as of July 2025. His focus on automation and low costs has been central to Wealthfront's mission of providing sophisticated financial tools to a broad audience.
About Wealthfront
Wealthfront, founded in 2008, is a financial services company operating as a robo-advisor and financial planning platform. They primarily help "digital natives" (born after 1980), including millennials and Gen Z, who prefer technology-driven financial solutions. Core features include automated investment management, high-yield cash accounts, tax-loss harvesting, and financial planning tools. Benefits include low fees, diversified portfolios, and automated tax strategies for long-term wealth growth.