🆕 Meet S&P 500 Direct, a new portfolio designed to help you invest in the S&P 500® and save money on taxes. With direct indexing, we’ll take advantage of day-to-day dips in the market that can help lower your future tax bill. Complicated? Not for software. Expensive? Not at all. Learn more at the link. https://t.co/UeT1Z0PN6h
Another big day at @Wealthfront! We’re excited to launch S&P 500 Direct—a new product that invests in individual stocks that make up the S&P 500®, and is designed to generate tax savings through Tax-Loss Harvesting. Learn more about today’s launch: https://t.co/xUZBtzM6ZA
product velocity is big reason fintechs win.
2 examples announced today
@mercury w/ bill pay & Invoicing
@Wealthfront w/ bond ladders.
Mercury's bill pay and invoicing means mercury provides greater convenience than ever.
Wealthfront's bond ladders result in 25-50bps higher yield on cash for clients by automating something (in a tax efficient mannger) that RIAs charged much more to do manually.
the features are not blockbusters, but product velocity is leaving incumbents farther and farther behind.
Big day for @Wealthfront! Today we launched the first-ever Automated Bond Ladder to help our clients maximize interest by taking advantage of current Treasury yields.
Learn more about how we're giving the robo-advisor treatment to fixed income: https://t.co/RMXNnDnJ5x
I'm thrilled to share that @Wealthfront has earned a spot on @Forbes' Fintech 50 list for 2024! This honor highlights our dedication to innovation and our ongoing efforts to provide exceptional value to our clients. 📷
https://t.co/gglMAD3fZ4
Heard on the Street: tax-loss harvesting is the real deal–something for nothing, as long as investors don’t fall afoul of the IRS’s wash-sale rule https://t.co/59qMEgvPrf via @WSJ
As market cycles change, fintechs need to adjust the products and services they offer clients. It can't be just about stock trading - customers want full service solutions. @hannahdlang of @Reuters tells us more https://t.co/LFGgKkYoJS
Our Cash Account just got a whole lot faster with FREE same-day withdrawals on business days. ⚡️ Now you can earn more with our high 5.00% APY through partner banks, and worry less about covering your last-minute purchases in eligible external accounts. Visit our link below for details, or swipe through to read all about it!
+ keep your eyes peeled for same-day withdrawals (including weekends and holidays) coming soon!
https://t.co/oxJUUzzNjR
If the value of product managers diminishes in the next decade, the biggest reason for it will be that over the past decade many (most?) PM interview processes stopped testing PM candidates for creativity and started rewarding them for regurgitating frameworks.
so basically the “move slower” people ousted the “move faster” people who’ll move fast to start a newco all the “move faster” people will join to move faster, and all that will be left are the “move slower” people moving slow to move slower together
As it turns out, putting our 700,000+ clients’ interests first is really good for our bottom line. 🤝
With your trust, we're committed to helping you save, invest, and build wealth on your own terms. We're proud to be your partner in this journey: https://t.co/68OdHrSK3r
Five has officially arrived. Our Cash Account now earns you an industry-leading 5.00% APY along with up to $8 million in FDIC insurance, both delivered through partner banks. https://t.co/IiIvKtamtc
one day you’re in your 20s pregaming and going out in the lower east - you blink and before you know it you’re interested in what tax loss harvesting is