Key Insight: Wealthfront's IPO filing, published Monday, could be impacted by the U.S. government shutdown. Expert Quote: Kyle Standford, Pitchbook: "Wealthfront is looking to capitalize on the strong ...

The Palo Alto robo-advisor reported net profit of $123 million on $339 million in revenue over the past year. Wealthfront CEO David Fortunato joined the company in 2009 as its third employee.

Seventeen years after its founding, the Silicon Valley-based advisor targeting the affluent with automated investing portfolios and mortgages is finally hitting public markets with a $2.1 billion ...