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
The act of choosing to use the aggregation service is framed as an express authorization for Wealthfront to access the full scope of Outside Account Information accessible via the provided credentials.
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 →If you use Wealthfront's aggregation and analysis Services, you are expressly authorizing Wealthfront to access all Outside Account Information reachable through the login credentials you supply.
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"By choosing to use our Services to aggregate and analyze your Outside Account Information, you expressly authorize and direct Wealthfront, on your behalf, to access all Outside Account Information available via the login credentials you provide.— Excerpt from Wealthfront's Wealthfront Privacy Policy
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The act of choosing to use the aggregation service is framed as an express authorization for Wealthfront to access the full scope of Outside Account Information accessible via the provided credentials.
If you use Wealthfront's aggregation and analysis Services, you are expressly authorizing Wealthfront to access all Outside Account Information reachable through the login credentials you supply.
ConductAtlas has identified this type of provision across 266 platforms. See the full comparison.
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