Wealthfront is one of the biggest players in the growing automated financial advisory space. Founded in 2011, it now has $1 billion under the management of its proprietary algorithms. Wealthfront’s CEO, Adam Nash—formerly of Greylock Partners, LinkedIn and eBay—argues that the company’s growth comes from millennial investors who are accustomed to services being delivered by software and who don’t buy into the idea that star managers can outperform the market. Wealthfront has competition from the likes of Personal Capital, Betterment and, as of recently, a Charles Schwab product called Intelligent Portfolios. But the company has deep coffers and momentum. Wealthfront has raised $130 million, including a $64 million round closed in October. The Currency Cloud Stripe Epiphyte AstroPay

http://www.forbes.com/sites/ilyapozin/2014/12/14/15-fintech-startups-to-watch-in-2015/2/