SuperMoney 
  Wealthfront

Wealthfront

in Investment Advisors from Wealthfront

Unaffiliated

Wealthfront

Unaffiliated

in Investment Advisors from Wealthfront

Net Recommendation Score 0% Recommendation score measures the loyalty between a provider and a consumer. It's at +100% if everybody recommends the provider and at -100% when no one recommends.

Rating not yet determined

In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote
0 users recommend
1 user is unsure
0 users don't recommend
Cast your vote
Cast your vote

Would you recommend Wealthfront to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Highlights
Highlights
Community Rating

Rating not yet determined

In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote
Minimum Account $500
Management Fee 0.25%

Wealthfront Review

Wealthfront is founded in 2011 and based in Palo Alto, CA.

What fees does Wealthfront charge?

Wealthfront uses a fee-only model.

This means Wealthfront gets paid a flat fee regardless of what financial products or services you use. It also means they have a fiduciary responsibility to their clients. Instead of making money on trades commissions or selling products, they recommend an asset allocation and get paid a flat-fee or a percentage of the assets under administration. That requires that they act in their client’s financial best interest at all times.

Wealthfront Fees
Description
Monthly Fee $0
Annual Fee $0
Management Fee 0.25%
Fee Based? Yes
Account Transfer Fee $0
Account Termination Fee $0
Investment Expense Ratios 0.07% - 0.16%

What management fees does Wealthfront charge?

Wealthfront charges an annual management fee that starts at 0.25% and ranges up to 0.25%.

Many financial advisors charge based on how much money they oversee by using a fee-structure called “assets under management,” or AUM. For instance, a 0.40% fee translates to $4 per year for every $1,000 an investment advisor manages. Management fees, also known as maintenance fees, cover the operating costs of investment advisors and are typically deducted from your account every month or quarter. The management fee does not cover the underlying expense ratios of the investment vehicles purchased by investment advisors.

What are the investment expense ratios of Wealthfront?

Hiring an investment advisor with competitive investment fees is one of the most important steps to maximizing your portfolio's performance. Investment expense ratios can vary drastically depending on the types of accounts and assets involved. A survey by the ICI puts the average expense ratio for actively managed funds at 0.76% and indexed funds at 0.08%. The investment expense ratios of an investment advisor will vary depending on the type of assets they invest in and whether they attach additional charges to fund fees.

Wealthfront charges an investment expense ratio that starts at 0.07% and ranges up to 0.16%.

What type of investment accounts and asset classes does Wealthfront support?

Wealthfront offers the following types of assets and account types.

Accounts Supported Options
Supported Options Unsupported Options
  • Individual Non-Retirement Accounts
  • Joint Non-Retirement Accounts
  • Roth IRA
  • Traditional IRA
  • Rollover IRA
  • SEP IRA
  • Trusts
  • 529 College Savings Plans
  • Employer Sponsored Plans
  • Custodial Accounts
  • Wealthfront does not offer any of the investment vehicles that we track.

    What is the minimum amount you have to invest to open an account with Wealthfront?

    The minimum amount to open an account with Wealthfront is 500.

    How does Wealthfront compare to other investment advisors?

    Pros & Cons of Wealthfront
    Pros Cons
  • Broad selection of account types.
  • Competitive investment expense ratios.
  • Does not offer low-cost ETFs.
  • Does not give access to human finance advisors.
  • Tax-loss harvesting not available.
  • Limited investment options.
  • WEALTHFRONT Disclosure: Wealthfront’s financial advisory and planning services, provided to investors who become clients pursuant to a written agreement, are designed to aid our clients in preparing for their financial futures and allow them to personalize their assumptions for their portfolios. All investing involves risk, including the possible loss of money you invest, and past performance does not guarantee future performance. Historical returns, expected returns, and probability projections are provided for informational and illustrative purposes, and may not reflect actual future performance.
    SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

    Contact

    • Headquarters
    •   541 Cowper St.
      Palo Alto, CA 94301 USA
    •   Visit Site

    Message from Wealthfront

    Financial planning and investing with Wealthfront couldn't be easier. We do it for you.

    About Wealthfront

    Feature Breakdown

    Account Termination Fee $0
    Account Transfer Fee $0
    Annual Fee $0
    Investment Expense Ratios 0.07% - 0.16%
    Monthly Fee $0
    Management Fee 0.25%
    Fee Based  
    Minimum Account $500
    Accounts Supported
    • 529 College Savings Plans
    • Individual Non-Retirement Accounts
    • Joint Non-Retirement Accounts
    • Rollover IRA
    • Roth IRA
    • SEP IRA
    • Traditional IRA
    • Trusts
    Automatic Rebalancing  
    Independent/Registered Investment Advisor  
    Software Managed  

    Wealthfront Community Reviews

     

    Would you recommend Wealthfront to your friends?

    Before we publish your vote:

    Please explain your vote by sharing your experience.

    Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

    Please write a review to submit your vote
    Cancel my vote
    (will require moderator approval)

    Other Investment Advisors

    Betterment
    Mostly recommended

    5 Reviews

    Blooom
    Rating not yet determined In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote

    1 Reviews