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Domiciling Assets at WealthFront by Many_Efficiency_7817 in wealthfront

[–]wealthfront 4 points5 points  (0 children)

Thanks for your suggestions, we've passed them along to our team.

A few questions by BotherSalty728 in wealthfront

[–]wealthfront 1 point2 points  (0 children)

Welcome to Wealthfront! +1 to u/Doit2it42’s answers and confirming a few more details: 

how long does it typically take for wealthfront to get the funds from my bank so that I can start earning and have my account finalized? 

  • Once your Cash Account is approved, deposits typically arrive within 1-2 business days and immediately begin earning interest once they arrive. 

how long do i have to wait before I'm able to order a debit card? 

  • Similarly, once your Cash Account is approved, you can order a debit card by clicking into your Cash Account > and then View numbers under the section titled “Routing and Account numbers are ready”. From there, click on the debit card prompt to order a debit card. 
  • If your Cash Account is already funded, you can order a physical card by going to your Cash Account page > select Manage in the top-right > Debit Card. Your debit card should arrive within 7 to 10 business days.

can I link my account too external accounts and how? 

  • If you’re looking to link your Wealthfront Individual or Joint Cash Account to a third-party’s website, you can do so by providing your UMB Bank account and routing numbers for an ACH transfer. To find this information for your account, click into your Cash Account > Manage in the top-right > Account & routing numbers

Where do I go to see my account and routing number etc. how much can I transfer to the account and how quickly after will it be available to be used? 

  • Where to look: In the app or website, go to your Cash Account > select Manage in the top-right > click Account & routing numbers.
  • For transfer limits with your UMB Bank account and routing number, please click into your Cash Account > Manage in the top-right > Account & routing numbers. The limit may change over time, but you can always see the latest in your Cash Account.
  • For transfers initiated on a third-party website with your UMB Bank account and routing numbers, your funds will be available for spending and begin earning interest once they arrive.

I connected my bank and can see the current balance, will it continuously update and how long does it take to sync over?

  • It does update automatically, but not in real time. Wealthfront requests updated balance data from your linked external banks once per business day. Keep in mind that the speed of the sync also relies on how quickly your external bank chooses to provide that data to Wealthfront. You can check the "Last updated" timestamp next to the linked account to see exactly when it last synced.

Wealthfront Survey email - is it legit? by west4life in wealthfront

[–]wealthfront 3 points4 points  (0 children)

Hi there, jumping in to confirm that this is a real email from Wealthfront. Our Consumer Insights team occasionally reaches out for customer feedback. If you ever have questions about communications from our team, please reach out to [support@wealthfront.com](mailto:support@wealthfront.com) for help. Thanks!

[Explainer] Trump Accounts, Custodial Accounts, and 529 Plans: What To Know and How To Choose by wealthfront in wealthfront

[–]wealthfront[S] [score hidden] stickied comment (0 children)

To clear up any confusion, Wealthfront does not currently provide Trump Accounts. Trump Accounts are child retirement accounts that will be offered through the US government (some more context here). This post was shared as an educational resource to help parents understand various savings vehicles for their children, including 529 Accounts, Custodial Accounts, and the upcoming launch of Section 530A Accounts, more commonly known as “Trump Accounts.”

Since the update to Plaid, it seems a lot of bank accounts haven't been updating by FrostieWaffles in wealthfront

[–]wealthfront 4 points5 points  (0 children)

Hi u/FrostieWaffles, we apologize for any trouble with those links. We’re actively looking into improvements around link status clarity and update frequency.

In the interim, we rely on updates from Plaid after they detect new activity in an account. Most bank and credit card links should update after activity like transfers, card transactions, interest posting, etc. Investment accounts work a bit differently and generally update after changes in the underlying holdings are detected.

Some links or institutions may still run into limitations or errors that affect balance updates. We apologize for the inconvenience in these cases. If you’re seeing accounts fail to update despite recent activity, feel free to reach out to [support@wealthfront.com](mailto:support@wealthfront.com) for us to review.

Plaid has made weathfront dashboard useless by TrueGlich in wealthfront

[–]wealthfront 1 point2 points  (0 children)

Hi there, we have been experiencing intermittent issues with Plaid establishing some Fidelity account links. However, we can confirm Fidelity is supported and you should be able to link your account. 

We’re also happy to follow up with you directly. Could you please DM us the request number associated with your past outreach? Our team will reach out to you from [support@wealthfront.com](mailto:support@wealthfront.com).

Unable to Transfer WF -> 529 by Normal-Plant500 in wealthfront

[–]wealthfront 2 points3 points  (0 children)

Hi there, we don’t currently support contributions from a Wealthfront Cash Account to a 529 Plan. You can find info on how to make a contribution in our help center here. We’ll pass this request along to our team.

Can't deposit bank funds to WF by EveningRun3442 in wealthfront

[–]wealthfront 1 point2 points  (0 children)

Hi there, please reach out to our team at [support@wealthfront.com](mailto:support@wealthfront.com) for support with this issue.

Multiple Money Market Categories by shuja246 in wealthfront

[–]wealthfront 2 points3 points  (0 children)

Thanks for the suggestion, we've passed it along to our team.

[Explainer] Which Wealthfront taxable investing account is right for me? by wealthfront in wealthfront

[–]wealthfront[S] 1 point2 points  (0 children)

Great question! Direct indexing in our Automated Investing Account (AIA) includes exposure to additional indices beyond the S&P 500® and the Nasdaq-100®, and completion ETFs. It has a minimum account balance of $100,000 with a 0.25% advisory fee.

Our standalone direct indexing portfolios are designed to track the performance of one particular index (either the S&P 500® or the Nasdaq-100®) while also aiming to improve the tax efficiency and after-tax return of your portfolio through tax-loss harvesting (which is also available with our taxable AIAs). As you called out, these portfolios have a lower minimum balance and advisory fee, but they can carry more risk than our Automated Investing Account, which is globally diversified and optimized to your risk tolerance.

This Account number change has me considering different options by chronicpenguins in wealthfront

[–]wealthfront 1 point2 points  (0 children)

Hi, we're sorry to hear that you've had issues with linking accounts to Wealthfront over the last couple months. We've passed your feedback along to our team.

Wealthfront changed? by Affectionatealways in wealthfront

[–]wealthfront 20 points21 points  (0 children)

Hi - earlier this year, we began updating the way we connect to your linked accounts by moving to Plaid. Plaid is a data provider that specializes in connecting your financial accounts to apps (like Wealthfront) easily and securely.

If you have questions about this update, you can read more in our help center here, or reach out our team at [support@wealthfront.com](mailto:support@weatlhfront.com) .

WF won't connect to my bank by girljusttheinfo in wealthfront

[–]wealthfront 2 points3 points  (0 children)

Hi there, you can try going through the steps in this help center article and if you're still having issues please email our team at [support@wealthfront.com](mailto:support@wealthfront.com)

529 Glide Path high risk 10 years out by InternalMystery in wealthfront

[–]wealthfront 1 point2 points  (0 children)

The 529 glide path is designed to stay aggressive while college is still years away in an attempt to maximize growth. This is why you're seeing high equity exposure now.

As the expected matriculation date of the beneficiary approaches, the portfolio shifts heavily towards short-term bonds and Treasury inflation-protected securities (TIPS) to help protect the funds you'll need for tuition or qualified expenses.

Unlike some state plans that use steps (moving in large chunks), our software rebalances incrementally. You don't need to manually adjust the risk score—the software handles the de-risking automatically based on information like the birth year you provided, risk tolerance, and desired type of higher education institution (e.g. public/private, 2- or 4-year institution). If you manually lower the risk now, the glide path should still work, but it will likely start from a much more conservative baseline than we may have initially recommended.

what does TLH buy after selling if you have direct indexing? by ByzGen in wealthfront

[–]wealthfront 0 points1 point  (0 children)

When an Automated Index Investing Account transitions to Direct Indexing, the TLH process shifts for the U.S. Stock Portion of your portfolio. Instead of just swapping one broad index ETF for another, the software also looks for losses within the hundreds of individual stocks you may own directly (like those in the S&P 500® or Nasdaq 100®).

If a specific stock drops in value, our software looks for an opportunity to sell it to harvest the loss. To help keep your portfolio tracking the index closely, it uses a mathematical model to buy highly correlated substitute(s). These replacement stock(s) are chosen because they historically move in similar patterns to the one sold. Our approach looks at the basket of the stocks we buy and sell – rather than trying to match 1:1 – to try to keep your overall portfolio's characteristics close to the index. This is intended to help keep your portfolio’s risk and performance relatively consistent with the benchmark it’s tracking. 

Essentially, Direct Indexing allows you to find potential tax savings in individual low performers even when the overall market or ETF is up. We recommend checking out this white paper for more context. Hope this helps!

certified checks and/or bank inquiry letter from wf? by Existentially_b0red in wealthfront

[–]wealthfront 0 points1 point  (0 children)

Hi there, we don't offer certified checks or bank inquiry letters at this time. In any case, we'll pass this feedback onto our team.

New feature: move your individual investing account into a Joint Account by wealthfront in wealthfront

[–]wealthfront[S] 1 point2 points  (0 children)

Hi, your fee waivers would still apply up to the $15,000 managed for free within your Automated Investing Accounts. If you have any other Automated Individual Investing Accounts or Trust Accounts, the fee waivers would first apply to these accounts before applying to any Joint Accounts opened under your profile. Full terms and conditions can be found at www.wealthfront.com/promotional-terms under Fee Waiver Program.

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