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.
The updated policy establishes that Wealthfront may collect personal information about minors when adult account holders designate them as beneficiaries or when custodians provide information during account opening. The policy clarifies that the company does not have actual knowledge of collecting information directly from minors themselves. Additionally, the revised terms disclose that the company may use client personal information to train, develop, and improve AI-powered features, which may be tested with employees or released to clients. The policy states that AI feature outputs are provided for informational purposes only and do not constitute investment advice, and that Wealthfront makes no representation that such outputs are accurate, complete, or suitable for any purpose. If you become aware your child has directly provided information to Wealthfront without your consent, you may contact support@wealthfront.com to request deletion.
View change record →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 data between our affiliates for the safety and security of our users and may take necessary actions if we believe you have violated these Terms, including banning you from our Services and/or our affiliates' services...
Whenever we transfer personal data internationally, we use tools and transfer agreements to: make sure the data transfer complies with applicable law; and help to give your data the same level of protection as it has in the EU...
Each payment processor uses and processes your complete payment information in accordance with its applicable privacy policy (Stripe and PayPal).
"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 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 …
Enforcement risk, jurisdiction flags, contract triggers, and due diligence action items.
ConductAtlas detected a major restructuring of Meta’s privacy policy that removed detailed consumer rights disclosures and relocated them to separate documents.
Your genetic data may be transferred to a new owner as a business asset. Here is what the Terms of Service actually say and what you can do right now.
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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 288 platforms. See the full comparison.
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