If Wealthfront is sold, merges with another company, or goes through bankruptcy, your personal information may be transferred to the new owner as part of that transaction.
This analysis describes what Wealthfront's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
This clause establishes the operational framework governing how user data may be handled during corporate transactions or changes in service provision, clarifying that Personal Information constitutes a transferable asset subject to such events.
Your financial and personal data could be transferred to a new company without your explicit consent if Wealthfront undergoes a sale or restructuring, potentially changing how your data is used.
How other platforms handle this
If you are a resident in the EEA, Switzerland or the UK, then these countries may not necessarily have data protection laws or other similar laws as comprehensive as those in your country. We may transfer Personal Information from the EEA, Switzerland or the UK to the U.S. and other third countries ...
We may share or transfer personal information in connection with, or during negotiations of, any merger, sale of company assets, financing, or acquisition of all or a portion of our business by another company.
In the event that we are involved in a bankruptcy, merger, acquisition, reorganization, or sale of assets, your personal information may be sold or transferred as part of that transaction. This Privacy Policy will apply to your personal information as transferred to the new entity, although the new ...
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"If we are involved in a merger, acquisition, financing due diligence, reorganization, bankruptcy, receivership, purchase or sale of assets, or transition of service to another provider, then your Personal Information may be transferred as part of such a transaction, as permitted by law and/or contract.— Excerpt from Wealthfront's Wealthfront Privacy Policy
This standard M&A data transfer clause should be reviewed against GLBA notice requirements and applicable state privacy laws, which may require notification to consumers prior to or following a transfer of financial personal information to a new controlling entity.
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This clause establishes the operational framework governing how user data may be handled during corporate transactions or changes in service provision, clarifying that Personal Information constitutes a transferable asset subject to such events.
Your financial and personal data could be transferred to a new company without your explicit consent if Wealthfront undergoes a sale or restructuring, potentially changing how your data is used.
ConductAtlas has identified this type of provision across 2 platforms. See the full comparison.
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