US Company Offering Free Financial Planning Using Robo-Advisors

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Wealthfront is a US-based digital wealth management company who uses robo-advisers to offer free financial advice to its clients. Last week it reported plans to start expanding its products and services.

The new suite of financial products on offer will introduce a cash account with a rate on deposits of 2.25%, much higher than the average US rate. The system has only just been rolled out and the reviews are yet to be conclusive either way to the new increased rates and services.