Wealthfront's services are not available to anyone under 18, and the company does not knowingly collect personal information from minors. Parents can contact Wealthfront to request deletion of any child's data.
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 provision establishes an age-based eligibility restriction for the service and creates a data collection boundary that aligns Wealthfront's practices with regulations governing the collection of children's personal information. The restriction defines the scope of the user base for which Wealthfront designs its data practices and service delivery.
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 →Removal of this provision eliminates explicit contractual language protecting children's data, which may reflect either consolidation into general terms or a deliberate de-emphasis of child protection commitments.
View full change record →If a child under 18 has submitted personal information to Wealthfront, parents or guardians can contact support@wealthfront.com to request deletion of that data.
How other platforms handle this
to request that your data be transferred to a third party (data portability)
Your organization may allow you to access and export your data in order to back it up or transfer it to a service outside of Google.
Further, you may take legal actions in relation to any potential breach of your rights regarding the processing of your Personal Information, as well as to lodge complaints before the competent data prot...
"Due to the nature of our business, our Services are not available to minors. Except for beneficiary information as described above, Wealthfront does not knowingly solicit Personal Information directly from or about persons under the age of 18. If you are under the age of 18, please do not submit any Personal Information to Wealthfront.Excerpt from Wealthfront's Privacy Policy
This provision addresses COPPA compliance obligations; the policy's commitment to delete minor data 'to the extent permitted by regulatory requirements' includes a carve-out that compliance teams should monitor to ensure it does not inadvertently retain …
Enforcement risk, jurisdiction flags, contract triggers, and due diligence action items.
Ad personalization controls removed. Contact scanning added. Advertiser data partnerships quietly dropped. A timeline of every change.
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This provision establishes an age-based eligibility restriction for the service and creates a data collection boundary that aligns Wealthfront's practices with regulations governing the collection of children's personal information. The restriction defines the scope of the user base for which Wealthfront designs its data practices and service delivery.
If a child under 18 has submitted personal information to Wealthfront, parents or guardians can contact support@wealthfront.com to request deletion of that data.
ConductAtlas has identified this type of provision across 290 platforms. See the full comparison.
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