Full-Time

Engineering Manager

Posted on 6/26/2025

Wealthfront

Wealthfront

201-500 employees

Automated wealth management via robo-advisors

Compensation Overview

$205k - $260k/yr

+ Equity

San Francisco, CA, USA

In Person

onsite position in San Francisco, CA

Category
Engineering Management (1)
Required Skills
SCRUM
Requirements
  • B.S. or M.S. in Computer Science or equivalent experience, 2+ years engineering management experience
  • Previous experience shipping consumer applications as an individual contributor
  • Track record of leading productive engineering teams
  • Experience hiring, mentoring, coaching and developing engineers into top performers
  • Understanding of successful team dynamics and how your role as a manager fits into this process
  • Passionate about collaborative problem solving
  • Eagerness to solve challenging problems
Responsibilities
  • Lead a team of 6-10 engineers in execution and operational excellence
  • Collaborate with the tech leads and other functions (product management, design, product support, brokerage operations) to understand and respond to changing priorities
  • Monitor and improve team productivity, remove roadblocks, identify and implement improvements to our process, and act as scrum master for the team
  • Facilitate the exchange of information among all Wealthfront employees in a systematic manner
  • Lead or contribute to effective organizational improvement within the engineering organization or Wealthfront
  • Combine data-driven process and human empathy to iteratively develop and assess our collective teams and individual team members
  • Evaluate technical abilities of individual engineers, in order to match them with projects which demonstrate their strengths and stretch them to grow
  • Partner with Recruiting to build well-rounded, effective, and inclusive engineering teams

Wealthfront uses robo-advisors to automatically manage and rebalance clients' portfolios for long-term growth through an online platform. It also offers a high-yield cash account via partner banks, a diversified bond portfolio with dividends and tax advantages, and a stock discovery/trading platform for quick equity investments. Revenue comes from advisory fees deducted from investment returns, aligning the platform’s earnings with client results. Its aim is to provide accessible, automated financial tools that make saving, investing, and growing wealth straightforward for individuals.

Company Size

201-500

Company Stage

IPO

Headquarters

Palo Alto, California

Founded

2011

Simplify Jobs

Simplify's Take

What believers are saying

  • Cash accounts generate 75% of $365 million 2026 revenue at 46% EBITDA margins.
  • Mortgage and lending expansions diversify beyond rate-sensitive cash products.
  • $100 million share repurchase signals confidence with $454 million cash reserves.

What critics are saying

  • Federal Reserve rate cuts compress 75% revenue from cash account spreads.
  • Investor lawsuit over mortgage risks triggers regulatory scrutiny and selloffs.
  • Q4 2026 $133.7 million loss from credit costs erodes profitability.

What makes Wealthfront unique

  • Automated tax-loss harvesting boosts after-tax returns for $93 billion in assets.
  • Quantitatively rebalanced portfolios target Millennials and Gen Z investors.
  • Capital-light model achieves $200 million assets per employee with 400 staff.

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Benefits

Free lunches, snacks, coffee

Receive 1:1 mentorship

Caltrain pass, an additional transportation stipend, and relocation bonuses

Monthly wellness reimbursement

Discretionary time off policy and offer 16 weeks of paid parental leave

Comprehensive medical, dental and vision coverage

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

5%

2 year growth

6%
Yahoo Finance
Apr 10th, 2026
Citizens keeps Market Outperform rating on Wealthfront with $17 target, sees long growth runway

Wealthfront Corp has received a reiterated Market Outperform rating from Citizens with a $17 price target following a fireside chat with company executives. The digital financial platform enables users to invest, borrow and manage funds. The company reported fiscal Q4 2026 revenue of $96.1 million, up 16% year-on-year, with adjusted EBITDA of $44.2 million at a 46% margin. Full-year revenue reached a record $365 million, rising 18%. Wealthfront closed the fiscal year with $453.8 million in cash and its board approved a $100 million share repurchase programme. Citizens analysts highlighted Wealthfront's positioning for long-term client relationships and noted significant opportunity to capture a larger share of clients' wallets. The company comprises 0.28% of George Soros's stock portfolio.

Yahoo Finance
Mar 11th, 2026
Wealthfront reports $133.7M Q4 loss despite $365M annual revenue

Wealthfront reported a fiscal fourth-quarter loss of $133.7 million, or $1.31 per share, with revenue of $96.1 million. The Palo Alto-based investment manager posted a full-year loss of $42.1 million, or 76 cents per share, on revenue of $365 million.

Yahoo Finance
Mar 8th, 2026
Wealthfront faces investor lawsuit review over mortgage expansion post-IPO

A securities law firm has launched an investor lawsuit investigation into Wealthfront following its first post-IPO earnings release. The review examines potential conflicts of interest and risk disclosures related to the company's expansion into mortgages. The investigation focuses on how the mortgage initiative affects asset flows, revenue mix and board oversight. Wealthfront, an automated investing platform, has been expanding into mortgages as part of a broader push to become a multiproduct financial hub covering investing, banking and credit. At $8.49 per share, Wealthfront's stock trades 46% below the analyst target of $15.67. Simply Wall St flags the stock as trading 96.8% above its estimated fair value. The company reported $351.5 million in revenue with 35.2% margins, though profit margins have declined year-on-year alongside significant insider selling.

IPOScoop.com LLC
Dec 15th, 2025
Wealthfront Corp.

Disclaimer: A SCOOP Rating (Wall Street Consensus of Opening-day Premiums), is a general consensus taken, at press time, from Wall Street and investment professionals concerning how well an IPO might perform when it starts trading. The SCOOP Rating does not reflect the opinions of anyone associated with IPOScoop.com. The SCOOP ratings should not be taken as investment advice. The rating merely reflects the opinion of the professionals at the time of publication and is subject to last-minute changes due to market conditions, changes in a specific offering and other factors, such as changes in the proposed offering terms and the shifting of investor interest in the IPO. The information offered is taken from sources we believe to be reliable, but we cannot guarantee the accuracy.

Microsoft
Dec 12th, 2025
Wealthfront IPO set to debut at $14 per share as first publicly traded robo-advisor

Wealthfront priced its initial public offering at $14 per share, becoming the first publicly traded robo-advisor. The stock indicated to open at $15.50, representing an 11% potential gain from its IPO price, and will trade on Nasdaq under the symbol WLTH. The Palo Alto-based company manages $90 billion in platform assets, with just over half in its high-yield cash savings offering. Cash management accounts for 76% of revenue, whilst investment advisory makes up 24%. Wealthfront generated $339 million in revenue and $123 million in net income for the 12 months ending 31 July, achieving a 36% net income margin. The company serves roughly 1.3 million customers, primarily Millennials and Gen Z investors, charging 0.25% annually on assets under management. However, falling interest rates could pressure its cash management revenue.

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