Business Context and Reporting Period
This filing is a Form 13F-HR submitted by Wealthfront Corp for the quarter ended September 30, 2018. The report is filed on behalf of Wealthfront Corp and its direct subsidiary, Wealthfront Advisers LLC. Wealthfront Corp serves as the parent holding company, while Wealthfront Advisers LLC acts as the registered investment adviser exercising investment discretion over the reported securities.
Key Financial Metrics
As a Form 13F filing, this document reports securities holdings rather than the company's operational financial performance. Consequently, the filing does not provide data on revenue, profit, cash flow, operating margins, debt, or liquidity.
- Total Value of Reported Holdings: $10,192,924,000 (10,192,924 thousands)
- Total Number of Holdings Entries: 277
- Number of Other Included Managers: 1 (Wealthfront Advisers LLC)
Material Changes
The filing text does not provide comparative data for the prior period; therefore, material changes in holdings value or composition versus the previous quarter cannot be determined from this document alone.
Guidance, Outlook, and Risks
This filing contains no management commentary, forward-looking guidance, or specific risk factors regarding the company's business operations. It is a regulatory disclosure of investment positions. The filing notes that Wealthfront Advisers LLC will file a 13F Notice Report at the beginning of 2019.
Investor Verification Checklist
- Verify the distinction between the parent company (Wealthfront Corp) and the subsidiary (Wealthfront Advisers LLC) regarding investment discretion.
- Confirm that the reported value ($10.19 billion) represents the aggregate value of securities held for clients, not the company's own equity or assets.
- Note that this document does not contain operational financial results (revenue, earnings) for Wealthfront Corp.
- Check the filing date (November 13, 2018) to ensure the data reflects the quarter ended September 30, 2018.