UBS Agrees to Acquire Wealthfront to Expand Digital Wealth Management

January 26, 2022

UBS signed an all-cash agreement to acquire Wealthfront for $1.4 billion, with Wealthfront becoming a wholly owned subsidiary. The deal is expected to close in the second half of 2022, subject to regulatory approvals, and is intended to broaden UBS’s reach among millennial and Gen Z affluent investors using Wealthfront’s digital platform.

Buyers
UBS
Targets
Wealthfront
Location
United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.