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.
View change record →How other platforms handle this
if you place a restaurant order, our restaurant partner will collect and process your credit card or other payment information in order to fulfill the order.
Our emails may have web beacons that offer information on your device type, email client, email reception, opens, and link clicks.
You may give us your Identity Data, Contact Data, Financial Data, Profile Data, and other information by filling in forms or by corresponding with us by post, phone, e-mail or otherwise.
"a Client is asked to provide to Wealthfront the name and e-mail address of each person to whom Client refers Wealthfront's Services. We treat this information like all other Personal Information described in this Privacy Policy.Excerpt from Wealthfront's Privacy Policy
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The clause states: “a Client is asked to provide to Wealthfront the name and e-mail address of each person to whom Client refers Wealthfront's Services. We treat this information like all other Personal Information described in this Privacy Policy.”
ConductAtlas has identified this type of provision across 296 platforms. See the full comparison.
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