Wealthfront Launches Tax-Efficient Custodial Account with $100 Seed Funding, Expands Family Wealth Management Offering
PALO ALTO, Calif., June 23, 2026 (GLOBE NEWSWIRE) -- Wealthfront Corporation (NASDAQ:WLTH), a tech-driven financial platform helping digital natives turn their savings into wealth, today announced the expansion of its family wealth management offerings with the launch of its Custodial Account. This new product provides a flexible way for parents to save for their child’s future and is one of the only custodial accounts designed to automatically lower the child’s future tax burden through Tax-Gain Harvesting. To kickstart wealth building for the next generation, Wealthfront is offering $100 in seed funding for clients who open and fund either a new Custodial Account or a 529 Education Savin