Wealthfront Adds Stock Collections For AI, Dividend Stocks, More 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.


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 Money@30'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

2023 Small Business Credit Card Satisfaction Tops 2019 Highs

The latest small business credit card study from J.D. Power shows satisfaction continuing to rise. About the study and results: This week, J.D Power released its 2023 U.S. Small Business Credit Card Satisfaction Study, which includes responses from more than 3,400 small business credit card customers. In this case, the study looked at businesses with annual revenues between $10,000 and $10 million. First, it was discovered that overall satisfaction among...

Discover Announces 5% Bonus Categories for First Quarter of 2024

With 2024 sneaking up on us, Discover has announced its rotating 5% bonus categories for the first quarter of next year. About the Q1 2024 bonus categories: From January through March 2024, Discover It customers will be able to earn up to 5% back in two categories: restaurants and drugstores. According to the company, the Restaurants category includes full-service establishments, cafes, cafeterias, fast-food locations, and dining delivery services. For the...

Public App Adds Corporate and Treasury Bonds Feature

The FinTech trading app Public has announced new investment options for its members. About the features: Public is now rolling out the ability for customers to invest fractionally in corporate and Treasury bonds. This capability will be introduced on both the mobile and desktop interfaces for the service. According to Public, the addition comes as demand for fixed-income products increases. In addition to these bond types, the app will also...
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

FedEx Announces Winners of 11th Annual 2023 Small Business Grant Contest

Nearly three months after the entry period ended, FedEx has announced the winners of its 11th annual Small Business Grant Content. This year's event saw more than $300,000 in funds going to a variety of small businesses across the nation. Last month, the company revealed 100 finalists, with that list now being narrowed down to just 10 winners. This year's grand prize winners included KindVR, The Cupcake Collection, Up In...
Summer app

Student Loan Benefit FinTech Summer Raises $6 Million

For years, student debt has been one of the most talked about financial topics. What's more, while the debt itself has become a major part of many Americans' lives, discussion of student loans has become political due to efforts to forgive certain loan repayments. However, while we wait for resolution on that front, a FinTech that brings student debt benefit solutions to employers and consumers has raised a new round...
H-E-B and Central Market  credit cards

Imprint Launches Credit Cards from H-E-B and Central Market 

The FinTech Imprint is partnering with the popular Texas-based grocery chain H-E-B for a pair of new rewards credit cards. This week saw the launch of the H-E-B Visa Signature Credit Card as well as the Central Market Visa Signature Credit Card. With these two (nearly identical) options, customers will be able to earn rewards on groceries and beyond. First, both versions of the card earn up to 5% back on select...
Melissa Urban holding a Ness card

Health and Wellness Rewards Card Ness Partners with Whole30

In recent years, several unique rewards cards have come to market. These include offerings from FinTech startups as well as brands looking to do something special for their loyal fans. On that note, a recently-announced rewards credit card offering is now working with a popular brand to introduce new benefits for customers. This week, the Ness Card (which is issued by The Bank of Missouri) unveiled a new partnership with...
Choice Privileges Select Card

Choice Hotels, Wells Fargo Debut Choice Privileges Select Card

With spring well underway and the summer travel season now just around the corner, Choice Hotels and Wells Fargo have unveiled their latest co-branded credit card offering. Today, the two companies announced the Choice Privileges Select Mastercard. Carrying an annual fee of $95, this card will serve as the premium option in the hotel brand's new lineup. Looking at the Choice Privileges Select, it offers a mix of rewards categories....