Old version
April 19, 2026 06:17 UTC
57f573b99c659d48c89fd50c58ca8e065820a4bbe697dc4c5a36ce52a4a01914
CA-V-000746
New version
June 2, 2026 09:50 UTC
e2aed4086f35683f3e4abb15885a3059f3ec733740c3a6519002f35b75c3db0f
CA-V-003307
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Change Summary
Wealthfront updated its privacy policy effective June 2, 2026, making three material changes. First, it revised language about minors: instead of stating services are not available to minors, it now clarifies that only adults may use the services directly, but also discloses that it may collect personal information about minors when adult account holders designate them as beneficiaries or when custodians provide information during account opening. Second, it removed the phrase 'without your consent' from the parental notification clause, meaning parents should contact Wealthfront if their child provides personal information directly, regardless of consent status. Third, it added new disclosure about AI-powered features: Wealthfront may use client personal information to train, develop, test, and improve AI features that may be made available to employees and clients, with a disclaimer that AI outputs are informational only and not investment advice.
medium severity
6 Sentences added
0 Sentences removed
4 Sentences modified
270 Sentences before
276 Sentences after
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BeforeAfter
0Privacy Policy - Wealthfront Wealthfront Privacy Policy Policy Effective Date: December 19, 2025 Your Privacy Matters Wealthfront’s number one priority is your trust.0Privacy Policy - Wealthfront Wealthfront Privacy Policy Policy Effective Date: June 2, 2026 Your Privacy Matters Wealthfront’s number one priority is your trust.
50Information Regarding Children Due to the nature of our business, our Services are not available to minors.50Information Regarding Children Due to the nature of our business, only adults may use our Services, Site and App.
51Except for beneficiary information as described above, Wealthfront does not knowingly solicit Personal Information directly from or about persons under the age of 18.51Under certain circumstances, we may collect Personal Information about minors from adult account holders who designate the minors as beneficiaries.
52In addition, custodians of accounts may provide certain Personal Information about minors during account opening; the custodian account does not transfer to the minor until they reach the age of majority.
53In all instances, we do not have actual knowledge of collecting Personal Information directly from minors.
53If you are a parent or guardian who becomes aware that, without your consent, your child under the age of 18 has directly provided us with Personal Information, you should contact us at support@wealthfront.com , and we will delete such information from our files to the extent permitted by regulatory requirements.55If you are a parent or guardian who becomes aware that your child under the age of 18 has directly provided us with Personal Information, you should contact us at support@wealthfront.com , and we will delete such information from our files to the extent permitted by regulatory requirements.
85As part of our ongoing product development and service delivery, Wealthfront may also use a subset of Client Personal Information to train, develop, test, deploy, improve, and evaluate AI-powered features and tools ("AI Features").
86AI Features may be made available to Wealthfront employees and to Clients, including through limited testing programs and broader product releases.
87Outputs generated by AI Features are provided for informational purposes only and do not constitute investment advice, investment research, or recommendations to buy, sell, or hold any security or asset.
88Wealthfront makes no representation that outputs generated by AI Features are accurate, complete, or suitable for any particular purpose.
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