Building a Distributed Work Queue with MySQL and RabbitMQ
Many of the daily processes at Wealthfront follow a similar pattern: they perform some operation for each of a large list of items. For example, we might have a daily process that performs some optimization for each active account. This type of process usually operates through some form of work queue, and in the past… Read more
A Wealthfront ACATS Odyssey
Onboarding Client Cash and Assets Here at Wealthfront we attempt to make onboarding onto our platform as easy as possible. We provide a personalized asset allocation to any prospective client free-of-charge, but things only really get interesting for our brokerage platform during the next step: funding an account to make our recommendations a reality. Accounts… Read more
Hey do you have the time?
What it means to set your clock over cross-country latencies Have you ever wondered what process allows your phone to get the time after it has been dead for hours, or keeps all your devices reporting consistent times across versions and operating systems? The answer is a commonly used but often ignored protocol called Network… Read more
Tradeoffs in AB Testing Frameworks
At Wealthfront, the A/B test is one of our most powerful decision-making tools. It helps us make decisions under uncertainty, and learn about how our clients are reacting to new features we build. Our own framework has been a particularly featured one, supporting Bayesian inference methods, continuous stopping criteria, check metrics, and multiple variants. Recently,… Read more
Scaling Beyond MySQL
Wealthfront is growing fast, and the quantity of data we collect is growing faster. With the launch of Path, we’ve seen a large increase in the number of non-Wealthfront accounts our customers have linked over time (see below). We have plans to increase the breadth of automated financial advice we provide for our clients, so… Read more
Introducing Our New Operating System
Last week we unveiled our new brokerage and banking platform, Wealthfront’s largest engineering undertaking to date. This investment in our infrastructure will serve as the foundation for our next generation of products and services, supporting our mission to make sophisticated private wealth management services available to everyone. When Legacy Holds You Back Wealthfront, like many… Read more