Wealthfront is a banking service launched in the USA and created to help its clients manage, save and invest their money. Wealthfront provides cash accounts with one of the highest APYs on the market, automated investment management and free financial advice.
0.25% annual advisory fee
Monthly Maintenance Fee
(United States dollar)
I was a client of Wealthfront for over five years. The service provided by Wealthfront was excellent, and I made money investing with Wealthfront. Nevertheless, I transferred my account to another brokerage account when I learned that Wealthfront partnered with Green Dot Bank (a one-star rating on Trustpilot). Seriously, Green Dot Bank? I knew it was time to transfer my account because they weren't a robo-advisor who placed their customer's interests above their own. That said, I recently read that UBS, a bank with assets under management of $3.3 trillion, will acquire Wealthfront. When this event occurs, then I would consider investing with Wealthfront.
Decent for complete hands off investing, but don't expect much of a return. New partnership with Green Dot Bank is not good. The bank also goes by multiple names, like University National Bank (?). I agree with the review below that the Portfolios are not aggressive (even with the max tolerance) and fees definitely feel excessive for a hands off approach. Heading somewhere that has my best interest in mind.
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On this page, you can see a detailed review of Wealthfront Payment systems with reviews from real users and our experts. Wealthfront provides the following services: Crypto-friendly Account, Loans, Mass Payouts, P2P, Savings Account, Tax Advisory, Wallets, Wire Transfer Acceptance, US allowed.
At the moment, Wealthfront rating on Finscanner is 4 and on Trustpilot is 3.3.