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.
Renamed from 'Data Transfer in Merger or Acquisition' to include 'Asset Sale,' and expanded to include additional scenarios like financing due diligence, bankruptcy, and transition of service.
View full change record →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
We may share your information in connection with, or during negotiations of, any merger, sale of company assets, financing, acquisition, or dissolution, transaction, or proceeding involving all or a portion of our business.
We may share your personal information with our affiliates, meaning entities that control, are controlled by, or are under common control with Consensys. We also share information with service providers who assist in operating our services, subject to confidentiality obligations.
At Ledger, earning and maintaining our users' trust is a top priority. That's why we are deeply committed not only to protecting your privacy and securing your personal data, but also to being fully transparent about how we handle it.
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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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