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
Account closure is established as the only mechanism for opting out of ongoing Personal Information collection, meaning there is no lighter-touch opt-out available while maintaining an account.
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 want to stop providing Wealthfront with your Personal Information, you must close your account; there is no opt-out that preserves account access.
How other platforms handle this
You and your organization's administrator can access several types of Service Data directly from Google Cloud, including your account information, billing contact information, payment and transaction information, as well as product and communication settings and configurations.
to request that your data be transferred to a third party (data portability)
To stop us collecting your location information, you can update your device settings, stop using the Service, or uninstall our mobile apps.
"Clients and Users must close their account(s) in order to opt out of further providing Wealthfront with Personal Information.Excerpt from Wealthfront's Privacy Policy
Ad personalization controls removed. Contact scanning added. Advertiser data partnerships quietly dropped. A timeline of every change.
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Account closure is established as the only mechanism for opting out of ongoing Personal Information collection, meaning there is no lighter-touch opt-out available while maintaining an account.
If you want to stop providing Wealthfront with your Personal Information, you must close your account; there is no opt-out that preserves account access.
ConductAtlas has identified this type of provision across 290 platforms. See the full comparison.
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