What to make of Wealthfront’s three big hires and why its artificial intelligence bid may be …

Roy Adams, Joe Ternasky and Jakub Jurek were hired for three very different purposes but are all part of a phase three overhaul of its business model.The Redwood City robo bets big on an ex-Google engineering whiz amid a Betterment onslaught and after a period of high-profile departures Brooke’s Note: Wealthfront was comfortable in the role of front-runner in the robo-advisor race, a position it held comfortably until about 18 months ago. Now, its destiny will be determined by how good Adam Nash is at managing from behind. Wealthfront is operating with less cash and fewer robo assets than its chief competitors, Schwab and Betterment. But it still holds the lead in the number of pedigreed veterans of super-unicorns it has on its staff. Wealthfront continues to make impressive hires and these latest three are cases in point. Wealthfront…


Link to Full Article: What to make of Wealthfront’s three big hires and why its artificial intelligence bid may be …