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 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.
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Please make sure the information you provide to Twitch upon registration and at all other times is true, accurate, current, and complete to the best of your knowledge.
If the Services require you to create an account or provide personal information, you agree to submit accurate, complete information, and to update it as appropriate.
All information provided during Account creation, and during the use of your Account, must be accurate and complete.
"Any Outside Account Information that Wealthfront receives from our linking service providers is in read-only format, and Wealthfront cannot alter the Outside Account Information maintained by your third-party institution.Excerpt from Wealthfront's Privacy Policy
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The clause states: “Any Outside Account Information that Wealthfront receives from our linking service providers is in read-only format, and Wealthfront cannot alter the Outside Account Information maintained by your third-party institution.”
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