Why Wealthfront Is Offering Free Financial Planning

Why Wealthfront Is Offering Free Financial Planning

Assessment

Interactive Video

Business

University

Hard

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The video discusses the benefits of automated financial planning, highlighting that clients save more with this service. The company generates revenue through investment and lending services, while facing competition from traditional firms. It emphasizes the superiority of data-driven decisions over expert opinions in financial planning. The rise of technology is changing the financial industry, with fewer people entering the field. The company's vision is to create 'self-driving money,' automating financial management through software.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What generational change is mentioned regarding the interest in financial advice and planning careers?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker mean by 'self-driving money'?

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