Wealthfront Corporation entered into an Equity Purchase Agreement with David Fortunato, its CEO and President, on February 16, 2026, acquiring his 95.1% limited liability company interest in Wealthfront Holdings LLC for $1, making Wealthfront Home Lending an indirect wholly-owned subsidiary. Operations and economics of Wealthfront Home Lending remain unchanged.
Key takeaways
Equity Purchase Agreement dated February 16, 2026, between Wealthfront Corporation and David Fortunato
Wealthfront acquired 95.1% LLC interests in Wealthfront Holdings LLC, sole member of Wealthfront Home Lending
Purchase price: $1 nominal consideration
Transaction followed advance change notice filed December 16, 2025, with state mortgage regulators
Company now owns 100% of Wealthfront Holdings LLC
Wealthfront Home Lending is now indirect wholly-owned subsidiary