Wealthfront selects Sharegain to launch fully paid securities lending
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Wealthfront selects Sharegain to launch fully paid securities lending 25 February 2025US Reporter: Daniel Tison
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Wealthfront has selected Sharegain to launch fully paid securities lending for its suite of automated investing products.
Through its software, Wealthfront delivers cash management, diversified ETF and bond investing, individual stock investing with no commissions, and low-cost margin loans for both experienced and new investors.
David Fortunato, CEO of Wealthfront, comments: "We’re committed to offering solutions that help investors maximise their portfolio potential and build long-term wealth.
By partnering with Sharegain, we’re excited to provide our clients access to a new passive income opportunity.”
Reisa Asimovic, CEO of Sharegain US, adds: "This new programme delivers greater value for Wealthfront and its clients, and brings unique supply to the securities lending market.”
In response to the growing trend of retail securities lending, Securities Finance Times has recently published an article focusing on this topic in detail, with insights from retail brokers, fintech firms, and an industry association.
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Image: LeManna/stock.adobe.com 