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Wealthfront launches tax-efficient Custodial Account with $100 seed funding to help parents invest for kids' futures.

Others
23 Jun 2026
GlobeNewsWire
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Bullish
pluang ai news

Wealthfront has introduced a new Custodial Account designed to help parents save and invest for their children's future with automated tax-efficient features like Tax-Gain Harvesting. This account requires a $500 minimum, charges a 0.25% advisory fee, and offers $100 seed funding for new accounts opened by July 23, 2026. It allows flexible use of funds for the child's benefit and automatically manages portfolio rebalancing and tax optimization. This launch expands Wealthfront's family wealth management products, aiming to support parents in building long-term wealth for their children amid rising costs of raising kids.

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Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

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Viasat and BMW Group demonstrate the first integrated automotive satellite voice call, enabling connectivity in remote areas.

Viasat and BMW Group demonstrate the first integrated automotive satellite voice call, enabling connectivity in remote areas.

Viasat and BMW Group have successfully demonstrated the first integrated automotive satellite voice call, allowing drivers to make calls directly through the car's infotainment system even in areas without cellular coverage. This advancement, utilizi...

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Iran warns of crushing retaliation if US targets its infrastructure amid escalating strikes.

Iran warns of crushing retaliation if US targets its infrastructure amid escalating strikes.

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Solana (SOL) holds steady in the mid-$70s, boosted by $500M USDC mint, institutional access, and ETF momentum.

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Solana (SOL) maintains its price in the mid-$70 range, supported by several key developments. These include Circle's recent issuance of $500 million in USDC on the Solana network, increasing liquidity and transactional demand. Additionally, instituti...

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