Connect with us

Technology

Wealthfront Adds Experienced Advisor Michelle Wilson to Board of Directors

Published

on

Wilson brings more than 25 years of experience guiding dynamic startups

PALO ALTO, Calif., May 8, 2025 /PRNewswire/ — Wealthfront, the tech-driven financial platform helping young professionals turn their savings into wealth, today announced that accomplished legal executive Michelle Wilson has joined the company’s Board of Directors. Wilson brings more than 25 years of experience advising dynamic startups including Okta, Pinterest, Stripe, and Zendesk. She also spent 13 years as Amazon’s General Counsel guiding strategic decisions across the company’s retail, cloud computing, content, and hardware businesses.

“Throughout my career I’ve sought out strong technical teams that build great products and solve hard problems for consumers, and that’s exactly what excites me about joining Wealthfront’s Board of Directors,” said Michelle Wilson. “I have long been impressed by Wealthfront’s impact on the financial industry, and I look forward to helping this exciting company prepare for its next chapter.”

Wilson’s expertise rounds out Wealthfront’s board of seasoned talent including business leader Jason Kilar, venture capitalist Mike Volpi, marketing expert Jaleh Bisharat, and experienced financial executive Ken Goldman. Wilson is passionate about Wealthfront’s focus on leveraging software and automation to make sophisticated financial management simple for consumers. She looks forward to helping the company further expand its business and how it uses technology to better serve young professionals.

“Michelle’s experience advising dynamic tech and finance companies will bring tremendous value to our board,” said David Fortunato, CEO of Wealthfront. “We’re excited to benefit from her expertise helping startups scale while continuing to deliver exceptional value for clients.”

Wilson joins Wealthfront following an exciting year of product-led expansion: In 2024 the company launched an Automated Bond Ladder, which helps investors earn more on their cash with zero state taxes, and Wealthfront’s S&P 500 Direct, which combines the S&P 500® with the benefits of tax-loss harvesting. Looking ahead, Wealthfront is focused on expanding its offering to more effectively support young professionals as they reach key life events and achieve new financial milestones.

About Wealthfront
Wealthfront is a tech-driven financial platform built to help young professionals turn their savings into long-term wealth. Through software, the company delivers cash management, diversified ETF and bond investing, zero-commission stock investing, and low-cost loans to help sophisticated and new investors learn, lower costs, and grow wealth. Wealthfront is one of the highest-rated financial apps in the Apple App Store and has been named Best Automated Investment App and Best Overall Robo-Advisor by Investopedia (2024), Best Cash Management Account and Best Investing App by Bankrate (2024), and Best Robo-Advisor for Portfolio Options by NerdWallet (2025). In 2025, the company surpassed $80 billion in total assets for over 1 million clients in the US. To learn more please visit www.wealthfront.com or download the app on the App Store or Google Play.

Disclosures:
Investment management and advisory services are provided by Wealthfront Advisers LLC (“Wealthfront Advisers”), an SEC registered investment adviser, and financial planning tools are provided by Wealthfront Software LLC (“Wealthfront”). The information contained in this communication is provided for general informational purposes only, and should not be construed as investment or tax advice. All investing involves risk, including the possible loss of money you invest, and past performance does not guarantee future performance. Please see our Full Disclosure for important details.

Cash Account is offered by Wealthfront Brokerage LLC (“Wealthfront Brokerage”), a member of FINRA and SIPC. Neither Wealthfront Brokerage nor any of its affiliates are a bank, and Cash Account is not a checking or savings account. We convey funds to program banks who accept and maintain deposits, provide the interest rate, and provide FDIC insurance.

Apple App Store and Google Play Store ratings are based on user ratings that are subject to change and submitted according to the applicable terms of use maintained by the Apple App Store and the Google Play Store. The Apple App Store and the Google Play Store do not utilize questionnaires or surveys and are not designed or prepared to produce any predetermined result. Users may submit ratings and verbatim feedback based on their experience with the Wealthfront application, which rating and or verbatim feedback may or may not reflect that user’s experience with the investment advisory product or service provided by Wealthfront Advisers. Ratings independently compiled by Apple, Inc., and Google, Inc., who receive compensation for hosting our app but not for collecting or compiling reported ratings.

Investopedia receives cash compensation for referring potential clients to Wealthfront Advisers, LLC (“Wealthfront Advisers”) via advertisements placed on their website which could create an incentive creating a material conflict of interest. While they receive compensation for referring potential clients, the statements and rankings provided above represent independent endorsements by Investopedia, which are not directly tied to such compensation. Investopedia and Wealthfront Advisers are not associated with one another and have no formal relationship outside of this arrangement. Investopedia’s opinions are their own. Their ratings are determined by their editorial team. Investopedia is not a client of Wealthfront Advisers. Investopedia designed a system that rates robo-advisors based on nine key categories and 59 variables. Each category covers critical elements users need to thoroughly evaluate a robo-advisor. The ratings reflect data and evaluations for the 12-month period ending in February 2024. Learn more about Investopedia’s methodology and review process here.

Bankrate receives cash compensation for referring potential clients to Wealthfront Brokerage, and receives $5 per click for referring potential clients to Wealthfront Advisers via advertisements placed on their website which creates conflicts of interest. While they receive compensation for referring potential clients, Bankrate’s opinions are their own, and their awards are determined by their editorial team. Wealthfront Brokerage and Wealthfront Advisers are not associated with Bankrate and have no formal relationship outside of this arrangement. Bankrate is not a client of Wealthfront Brokerage or Wealthfront Advisers. The formula used for Best Cash Management Account takes into account the range of deposit products offered, fees, minimum balance requirements, availability of competitive APYs, the extent of ATM networks, and key digital banking features. Best Cash Management Account awards received January 10, 2023, December 12, 2023, and December 11, 2024. The formula used to determine Best Investing App takes into account overall experience, features offered, and total value proposition to the investor. Best Investing App 2024 was awarded on December 12, 2023. Wealthfront pays an annual license fee to use Bankrate’s awards in marketing materials. Learn more about Bankrate’s methodology and review process here.

Nerdwallet receives cash compensation between $70 and $100 per application submission for referring potential clients to Wealthfront Advisers via sponsored advertising material which creates a conflict of interest. While they receive compensation for referring potential clients, Nerdwallet’s opinions are their own, and their awards are determined by their editorial team. Nerdwallet and Wealthfront Advisers are not associated with one another and have no formal relationship outside of this arrangement. The formula used for best robo-advisors for portfolio options takes into account portfolio mix, including level of diversification, customization and specialty portfolio offerings, expense ratios on available investments, and socially responsible portfolio options. Awards received January 7, 2022, January 4, 2023, January 8, 2024, and January 2, 2025. © 2017-2025 and TM, NerdWallet, Inc. All Rights Reserved. Learn more about Nerdwallet’s methodology and review process here.

The above reference to the company’s “total assets” and “1 million clients” includes clients with assets in products offered by both Wealthfront Advisers and Wealthfront Brokerage. Wealthfront Advisers and Wealthfront Brokerage are wholly owned subsidiaries of Wealthfront Corporation.

Media contact: Elly Stolnitz, press@wealthfront.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/wealthfront-adds-experienced-advisor-michelle-wilson-to-board-of-directors-302449350.html

SOURCE Wealthfront

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Dreame Unveils PowerSight 40V Series at DREAME NEXT Launch Event 2026: Smart Display, Stable Power, Eco-Friendly Garden Care

Published

on

By

SAN FRANCISCO, April 28, 2026 /PRNewswire/ — Dreame Technology, a global leader in high-end consumer electronics and intelligent manufacturing, has kicked off its highly anticipated DREAME NEXT launch event at the iconic Palace of Fine Arts, running from April 27 to 30, 2026. The centerpiece of the showcase includes the PowerSight™ 40V cordless yard tool series, which is currently available for live demonstrations, with the official global unveiling scheduled for the afternoon of April 28.

As a highly anticipated cross-industry feast attracting global attention from the tech community, the event has gathered numerous renowned scientists and leaders in the technology field. Thousands of guests from more than 50 countries and regions around the world have converged at this iconic venue, including senior industry experts, global core distributors, international mainstream media, and key opinion leaders (KOLs). Beyond these distinguished guests, the event has also drawn significant attention from technology enthusiasts, industry professionals, and eco-conscious homeowners alike, who have flocked to the Palace of Fine Arts to experience Dreame’s latest innovation firsthand. Throughout the first day, Dreame’s team has engaged in extensive one-on-one conversations with visitors, demonstrating the full capabilities of the PowerSight™ 40V lineup, including the chainsaw, 21-inch lawn mower, leaf blower, hedge trimmer, string trimmer, and solar charger.

The official presentation on April 28 will focus on three core technological innovations that set the PowerSight™ 40V series apart:

SyncCore™ Brushless Motor Technology: Delivering competitive power-to-weight ratio with minimal energy loss, ensuring longer runtime and quieter operation compared to traditional motors.Dual-Channel Communication BMS: Enabling instant, lossless communication between battery and tool for stable power delivery, real-time monitoring of voltage, current and temperature, and enhanced safety protection.PowerSight™ Intelligent Display: Providing users with intuitive access to battery level, runtime estimates, and performance metrics, revolutionizing how homeowners interact with their yard tools.

Dreame’s commitment to sustainability is evident throughout the series, with optimized design and enhanced transmission that boost energy efficiency measurably, delivering longer runtime per charge. The system also supports solar charging, allowing users to work with one battery while charging the other with clean, renewable energy—an innovative feature that has resonated strongly with environmentally conscious attendees.

This efficient, cost-saving system represents a great advancement in the field of cordless outdoor equipment, offering a practical, eco-friendly solution for modern garden care needs.

Following the official unveiling, the PowerSight™ 40V series will be available for pre-order, with global availability across major markets expected in the coming months. Detailed pricing and regional availability will be announced later.

About Dreame Technology

Established in 2017, Dreame Technology is a global leader in high-end consumer electronics and intelligent manufacturing with the vision to empower lives through technology. Follow us on Facebook, Instagram, TikTok and Twitter. For more information, visit https://global.dreametech.com/.

View original content to download multimedia:https://www.prnewswire.com/news-releases/dreame-unveils-powersight-40v-series-at-dreame-next-launch-event-2026-smart-display-stable-power-eco-friendly-garden-care-302753597.html

SOURCE Dreame Technology

Continue Reading

Technology

Wilbur Labs 2026 Startup Failure Report Reveals AI Is the Top Threat for Half of Startup Founders

Published

on

By

MIAMI, April 28, 2026 /PRNewswire/ — Today, Wilbur Labs released their 2026 Report on Startup Failure, showing half of founders (50%) identified technological disruption, including AI, as the top threat to their company. Additionally, 59% of founders said they are concerned about their business surviving the next 12 months.

Click here for more information: https://www.wilburlabs.com/blueprints/why-startups-fail

Startup success stories often dominate headlines, but the reality of entrepreneurship is far less predictable. 81% of founders said their company pivoted from its original idea at least once, while 42% said they wish they had pivoted sooner.

“Startups rarely fail because founders lack ambition or intelligence,” said Phil Santoro, Co-Founder of Wilbur Labs. “More often, early assumptions about the market or product turn out to be wrong. The founders who succeed recognize those signals early and adapt.”

Product-market fit remains the biggest challenge
More than half of founders (54%) said their most important lesson from failure was the need to better understand product-market fit. Additionally, 44% cited product or technology issues as the primary cause of failure, and 25% cited running out of money (down from 38% in 2023).

“Even with AI making it easier to iterate than ever, product-market fit is still the foundation of every successful company,” said David Kolodny, Co-Founder of Wilbur Labs. “When founders get that right, a lot of other problems become manageable. When they don’t, challenges like competition, product issues, and capital constraints inevitably follow.”

The human cost of entrepreneurship
Beyond strategy, founders report significant personal strain. Nearly 9 in 10 (90%) said they experienced stress or burnout severe enough to make them consider quitting, while 87% said building a company was lonelier than expected.

Despite these challenges, resilience remains strong. More than 4 in 5 (81%) founders who experienced failure said they would start another company, with 31% motivated to do so immediately.

“Failure is rarely the end of the story. For most entrepreneurs, it’s actually the beginning of the next chapter,” Kolodny said.

Methodology
This study was designed and conducted by Wilbur Labs as part of ongoing research into startup failure and founder experiences. Wilbur Labs engaged Wakefield Research to assist with survey administration. The survey was made up of 200 U.S. tech founders between February 3-12, 2026, via email and online questionnaire. The margin of error is ±6.9 percentage points at the 95% confidence level.

About Wilbur Labs
Wilbur Labs is a startup studio that turns bold ideas into market-leading companies. The studio identifies unsolved customer problems, researches solutions, and builds or invests in companies to solve them. Visit www.wilburlabs.com for more information.

View original content to download multimedia:https://www.prnewswire.com/news-releases/wilbur-labs-2026-startup-failure-report-reveals-ai-is-the-top-threat-for-half-of-startup-founders-302755951.html

SOURCE Wilbur Labs

Continue Reading

Technology

Aligned Fitness Expands Beyond Southeast With Acquisition of Six Club Pilates Studios in Ohio

Published

on

By

ATLANTA, April 28, 2026 /PRNewswire/ — Aligned Fitness Holdings, a leading franchisee of Club Pilates, has acquired CAM Pilates, a Columbus, Ohio-based franchisee operating six top-performing studios. The transaction expands its total footprint to 55 studios.

The acquisition broadens Aligned Fitness’ geographic reach beyond its established base in the Southeastern United States, where it has locations in North Carolina, Georgia and South Carolina, positioning the company for continued growth across the region and the Mid-Atlantic. By entering the Columbus market, the firm gains access to a high-demand, high-growth metro area while creating additional opportunities for new studio development.

CAM Pilates was founded and operated by Caitlin McTigue and Jason Tomany, widely respected franchisees known for building high-performing studios and a strong culture. Aligned Fitness plans to work closely with the existing team to maintain operational excellence while expanding access to Pilates across the region.

“This acquisition represents a natural extension of our strategy to partner with best-in-class operators in markets where we can build density and scale,” said Jon Smith, chief executive officer of Aligned Fitness Holdings. “Caitlin and Jason have built exceptional studios with a strong community focus, and we are excited to work alongside their team to continue delivering the benefits of Pilates to more people. Entering Columbus also demonstrates that our platform can successfully expand beyond our Southeastern roots into new, high-quality markets.”

Aligned Fitness has grown through a combination of new studio development and targeted acquisitions, focusing on premier franchisees in attractive markets. The addition of CAM Pilates reinforces the company’s position as an emerging multi-state platform in boutique fitness.

The broader boutique fitness industry continues to experience strong momentum, driven by consumer demand for personalized, community-oriented experiences. According to Allied Market Research, the global Pilates and yoga studios market is projected to reach $521 billion by 2035, reflecting a compound annual growth rate of 14.3 percent.

Aligned Fitness will continue to pursue strategic acquisitions and organic growth opportunities to expand its footprint and bring Pilates to more communities across its target regions.

Media contact
Thornton Kennedy
E | thornton@prsouth.net
C | 404 210 0363

View original content:https://www.prnewswire.com/news-releases/aligned-fitness-expands-beyond-southeast-with-acquisition-of-six-club-pilates-studios-in-ohio-302755988.html

SOURCE Eagle Merchant Partners

Continue Reading

Trending