Wealthfront Reviews

4.2

82% would recommend to a friend

(60 total reviews)
avatar

David Fortunato

100% approve of CEO

82% positive business outlook

Wealthfront has an employee rating of 4.2 out of 5 stars, based on 60 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Wealthfront employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

60 reviews
2.0
15 May 2018
Recommend
CEO approval
Business outlook

Pros

- Engineering team is astoundingly good. The set the example for what all engineering teams should aspire to be - talented, motivated, and diverse. - You will learn the ins and outs of finance and banking, for better or worse (be prepared to learn how very old banks are in their approach to technology). - Free food! - Excellent Customer Service team that is the epitome of calm and relaxed, especially when dealing with customers who are sensitive about their money. - Sits right on the train tracks, so the commute is easy-ish - Very young and high energy employees - End of year reward for hard work.

Cons

- The CTO is scared of technology and refuses to listen to the subject matter experts that he hires. He insists things be done in a very late 90's manner. - Speaking of the CTO, don't expect to actually receive any useful feedback or even talk to him. He prefers to speak through other people and is incapable of managing anyone directly. - Expect the CEO and CFO/COO to talk a lot about respect in the workplace, then watch the CEO berate employees in front of everyone, typically using very abusive language. - You will most likely have a TERRIBLE manager. Don't worry though, they will be failed upwards fairly quickly and you will be re-organized under a new and equally terrible manager, unless you are lucky enough to get the ONE good manager. - No raises. - No path for promotion. - If you are not promoted within a certain amount of time, you are fired. - There is no set time frame in which you should expect to be promoted or any goals to focus on for promotion. Either you are liked by the execs and your manager, or you are not. There is no half way. - Employee reviews are not based on your skillset or impact on the company, but rather if people like you or not. Employees will blatantly lie on your reviews to keep you from earning a possible end of year bonus. - There is a single bonus for your team that is given out to a single person at the end of the year. Refer to above statement about reviews to determine who gets the bonus. - Don't bother applying if you are not a recent college graduate, unless you are applying to be an executive, in which case you should expect to be fired by the CEO after 1 year.

1.0
2 Feb 2017

A great idea wasted by technical incompetence and cronyism

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Product is seemingly working. New office looks great.

Cons

Tech management is clueless to a point where it's downright dangerous for the business. Decisions are made based on personal beliefs and not empirical evidence. Lots of outdated knowledge and practices.

1.0
9 Jan 2023

Lack of Transparency

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Good experience at a tech firm

Cons

Since the UBS fell through Wealthfront is spiraling downwards. They would not admit that they had to cut expenses due to the deal falling through and used other reasons to cut down costs such as employees. They have not rehired for the position ever since. Lack of transparency, making a mistake or falling short on a goal will have the team act like it’s okay and you can pick yourself up from this learning opportunity. They will also make a plan for you on achieving success after falling short. But don’t be surprised if you’re fired the following week. The HR team is meant to be the voice who advocates for employees. They don’t.

Viewing 1 - 3 of 60 Reviews

Glassdoor has 69 Wealthfront reviews submitted anonymously by Wealthfront employees. Read employee reviews and ratings on Glassdoor to decide if Wealthfront is right for you.