Wealthfront Adds Stock Collections For AI, Dividend Stocks, More
Wealthfront app screenshots of collections

Wealthfront Adds Stock Collections For AI, Dividend Stocks, More

The FinTech platform Wealthfront is making it easier for customers to invest in artificial intelligence AI by rolling out new Stock Collections focused on the technology. Elsewhere, a dividend-focused collection has also been added.

About the new collections:

Wealthfront has announced the introduction of three new Stock Collections: AI Adopters, Generative AI, and Large-Cap High Dividend Payers. The first option is comprised of businesses that are already effectively embracing AI, including Broadcom (AVGO), Nvidia (NVDA), and others. As for the Generative AI collector, it features companies that are actually helping to develop the tech behind AI. Examples here include Alphabet (GOOGL), IBM (IBM), Microsoft (MSFT), and more.

Turning outside of AI, the other new collection is Large-Cap, High Dividend Payers. Wealthfront bills this new collection as “inflation protection” as the dividends that included companies pay top the 10-year Treasury yield. Some featured companies include Chevron (CVX), Pfizer (PFE), and Verizon (VZ), among others.

These new stock collections join other recent additions such as Internet of Things, Quantum Computing, and Virtual/Augmented Reality. In each of these cases (along with all of the collections offered by Wealthfront), the collections were developed by reviewing both industry data and internal analysis. Additionally, since one option may not be right for every investor, the platform lists pros and cons of each potential portfolio pick.

About Wealthfront:

Wealthfront is among the most well-known roboadvisors available. In addition to those services, the company has expanded into other financial services, including high-yield savings and individual stock investing. For the latter, customers can start with as little as $1 and enjoy zero commissions. With the Stock Investing Account, users can also purchase fractional shares of stock as well as invest in the aforementioned Stock Collections.

What they’re saying:

Announcing the latest Stock Collections, Wealthfront VP of Product Dave Myszewski said, “The recent market momentum and advancements in artificial intelligence have created a renewed interest in stocks, but investors are having a hard time navigating persistent inflation and recession predictions. They want to make smart, long-term investments and are hungry for research-driven guidance. This is the gap our stock collections fill and we’re excited to expand these insights to additional categories.”

My thoughts:

No matter how you feel about AI itself, there’s no doubt that it’s an exploding industry. Therefore, it makes perfect sense that investors would want to get in on the action — making it a perfect collection topic for Wealthfront. Meanwhile, for those more focused on beating inflation and earning passive income, the new Large-Cap High Dividend Payers may be a better option. Either way, offerings like these show why some investors may prefer FinTech brokerages such as Wealthfront to more traditional options.

Author

Kyle Burbank

Head Writer ~ Fioney
Kyle is the head writer for Fioney. He is a personal finance nerd, constantly looking for new apps and services to test and incorporate into his own financial game plan. In addition to his role at Fioney, he's written for other publications including Born2Invest, Lifehack, and Laughing Place, as well as his own site Money@30. He also creates personal finance and travel-related videos for Fioney's YouTube channel, which has garnered more than 2 million views. Currently, Kyle resides in Springfield, Missouri with his wife of 10 years. Together, they enjoy traveling (including visiting Disney Parks around the world), dining, and playing with their dog Rigby.

Other Articles by Kyle Burbank

Wawa credit card and app

New Wawa Mastercard Launches with FNBO as Issuer

The gas station/hoagie stop Wawa has announced a new co-branded credit card with a new issuer. About the New Wawa Mastercard: This week, Wawa and First National Bank of Omaha (FNBO) unveiled the new Wawa Mastercard. As the convience store chain notes, this updated product is meant to bring savings and perks to loyal Wawa customers — although the card will also be accepted anywhere Mastercard is. Starting with rewards...
Bilt logo and Ken Chenault and Ankur Jain

Bilt Raises $250 Million, Announces "2.0" Card Line-Up

Bilt has not only announced another mega-round but also a fresh eleven-figure valuation and new expansion details. About Bilt's Latest Funding Round: Today, Bilt announced that it had reaised $250 million in new funding. Moreover, this new round values the company at $10.75 billion. The round was led by General Catalyst and GID with United Wholesale Mortage also partcipating with a $100 million investment. This follows a $150 million venture...
using a candle to look at the electric power meter

Lessons From a First-Time Home Buyer: Navigating Our First Serious Power Outage

Last weekend, following another brief but powerful windstorm, we were left without power. Although we've had our power go out for a couple of hours here and there since moving to our house, this was the first time that we and a large section of our neighbors were left sans electricity for several hours. And while we were fortunate to have power back after about 15 hours, others in our...
The "Email" field is empty, you must enter some text to proceed.The text you entered in the "Email" field appears to be invalid, please edit it and try again
Get the Latest News Delivered to Your Inbox

2025 SoFi Checking and Savings Review

 Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. That was later sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind is SoFi’s acquisition of Golden Pacific...
Travelers with two Best Western Credit Cards

Best Western Debuts Two New Rewards Credit Cards

After pausing applications for their previous rewards card, the hotel chain Best Western has unveiled a new pair of rewards credit cards with a new issuer. About the Best Western cards: Best Western is partnering with First Bank & Trust and Mercury Financial to introduce two new co-branded credit cards. First up is the no-annual-fee Best Western Rewards Visa Signature Card. With this card, customers can 4x points on Best...
Marriott Bonvoy card and a woman on vacation

Marriott Bonvoy Bold Card Launches Travel Contest

Chase and Marriott Bonoy have unveiled a special contest while continuing to offer its best-ever welcome bonus. About the welcome bonus and Bold Chat Court Contest: Marriott Bonvoy and Chase have launched a special opportunity called the Bold Chat Court contest. As part of this contest, 10 lucky travelers will be awarded 500,000 Marriott Bonvoy points (for a total of 5 million) as well as $5,000. For this contest, the...
Bilt and All Reward logos

Bilt Adds 2 New Transfer Partners Including First 3:2 Transfer Rate

Bilt is once again expanding its travel transfer rewards program — and is even breaking the mold with one new partner. About the new additions to Bilt: This week, Bilt launched partnerships with two more travel brands: TAP Air Portugal and Accor. As a result, Bilt members will now be able to transfer their points to Miles&Go and ALL Reward, respectively. In total, Bilt now has 18 transfer partners including 13...
Fioney Top 10 Must-Read Personal Finance Articles Septemeber 2024

Top 10 Personal Finance Articles of the Month — September 2024

Welcome to Fioney's look at the top 10 personal finance articles of the month. On the first Friday of each new month, we look back at some of our favorite posts published in the weeks prior and highlight them right here. This includes a mix of sites that have become staples of our lists as well as many first-timers. To start things off this month, we'll look at some articles...