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Wealthfront reports Q2 revenue of $91.9 million
Wealthfront said fiscal second-quarter revenue rose 1% year over year to $91.9 million. It also said total platform assets increased 12% to $99 billion and investment advisory assets rose 30% to $54.1 billion.
US Homeowners Tap $47B
Homeowners took out equity at the highest first-quarter levels since 2021, according to a new report from Intercontinental Exchange. Home equity lines of credits and loans accounted for 54% of the borrowing and the remainder came from cash-out mortgage refinancing, the report shows. If you're considering tapping your h