Wealthfront taps Sharegain for fully paid securities lending

Sharegain announced that robo-advisor Wealthfront has selected the fintech to launch a fully paid lending program.

David Fortunato, CEO of Wealthfront, said in a statement: “We’re committed to offering innovative solutions that help investors maximize their portfolio potential and build long-term wealth. By partnering with Sharegain, we will provide our clients access to a new passive income opportunity.”

Reisa Asimovic, CEO of Sharegain US, said in a statement: “We’re excited to collaborate with the exceptional team at Wealthfront. This new program delivers greater value for Wealthfront and its clients, and brings unique supply to the securities lending market.”

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