Full-Time

Principal Product Manager

Investing

Posted on 10/2/2024

Wealthfront

Wealthfront

201-500 employees

Automated investment and wealth management services

Fintech
Financial Services

Compensation Overview

$200k - $230kAnnually

+ Equity + Discretionary Bonus

Senior

Remote in USA

Open to US-based remote work.

Category
Product Management
Product Strategy
Product
Required Skills
Agile
Product Management
Requirements
  • 8+ years of Product Management experience in a consumer software company; experience in building financial technology products is a plus.
  • Demonstrated track record of high-quality decision-making. You’re first and foremost an exceptional product thinker.
  • Excellent communication and presentation skills with an ability to quickly command trust and drive alignment with cross-functional partners and executives.
  • Strong product sense. You’re passionate about building delightful product experiences.
  • Analytical mindset with a data-driven approach to problem solving and decision-making.
  • Strong strategic thinking capabilities with an action-oriented mindset.
  • Entrepreneurial and creative attitude. “Yes and” is one of your favorite phrases.
  • Experience working with complex or highly regulated products.
Responsibilities
  • Champion and curate the vision for your product initiatives, continually refine it based on customer insights, and rally the team around it.
  • Define the product priorities and short, medium, and long-term roadmap. Use data and good judgment to drive alignment around tradeoff decisions.
  • Deliver the roadmap through agile sprint cycles, working with them to drive high-quality, customer and data-backed product decisions.
  • Define success metrics and consistently measure the impact of the team’s work.
  • Work cross-functionally to take new products and features to market in a way that maximizes their success.

Wealthfront offers a digital platform for wealth management, focusing on helping individuals grow their wealth through automated investment services. Its primary product is a robo-advisor that manages client funds for long-term investment, along with a high-yield cash account and a diversified bond portfolio. Wealthfront stands out by providing user-friendly, automated financial services and charges an advisory fee based on investment returns. The company's goal is to empower clients to save and invest effectively to maximize their financial growth.

Company Stage

Series E

Total Funding

$198.9M

Headquarters

Palo Alto, California

Founded

2011

Growth & Insights
Headcount

6 month growth

6%

1 year growth

12%

2 year growth

15%
Simplify Jobs

Simplify's Take

What believers are saying

  • Wealthfront's cash account now offers up to $8 million in FDIC insurance.
  • The company has reached $50 billion in client assets, indicating strong growth.
  • Increased demand for AI-driven financial advice aligns with Wealthfront's robo-advisor services.

What critics are saying

  • Increased competition from robo-advisors and traditional institutions may erode market share.
  • Free wire transfers could increase operational costs without boosting revenue.
  • Expansion into stock trading faces competition from established platforms like Robinhood.

What makes Wealthfront unique

  • Wealthfront offers a high-yield cash account with industry-leading 5.00% APY.
  • The company provides a diversified bond portfolio with tax advantages and no maturity dates.
  • Wealthfront's automated investment platform uses award-winning algorithms for long-term wealth growth.

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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

INACTIVE