If Wealthfront is sold, merged, or goes through bankruptcy, your personal financial data may be transferred to the new company or acquirer as part of that deal.
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
A corporate transaction could result in your detailed financial profile, including account history, investment data, and Social Security number, being transferred to a new entity whose privacy practices you have not reviewed or agreed to.
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 →In the event of a Wealthfront acquisition or bankruptcy, consumers' personal financial data, including sensitive financial and identity information, may be transferred to a successor entity under that entity's governance, with no opt-out mechanism specified in this provision.
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...
"Disclosure in the Event of Merger, Sale, or Other Asset Transfers. 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
(1) REGULATORY LANDSCAPE: This provision engages GLBA, which requires financial institutions to protect nonpublic personal information even during corporate transactions, and CCPA, which requires that data transferred in a business transfer remain subject to the …
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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A corporate transaction could result in your detailed financial profile, including account history, investment data, and Social Security number, being transferred to a new entity whose privacy practices you have not reviewed or agreed to.
In the event of a Wealthfront acquisition or bankruptcy, consumers' personal financial data, including sensitive financial and identity information, may be transferred to a successor entity under that entity's governance, with no opt-out mechanism specified in this provision.
ConductAtlas has identified this type of provision across 290 platforms. See the full comparison.
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