“We will not disclose your personal information to non-affiliated third parties, other than as permitted by California law, unless you authorize us to make those disclosures.”
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
This clause establishes a default non-disclosure rule for personal information shared with non-affiliates, conditioned only on California law exceptions or user authorization.
The updated policy discloses that Wealthfront uses automated tools, including large language models, to process documents submitted as part of loan applications and prequalification inquiries. The policy states these tools will not be used to make credit decisions, and that data from automated processing may be used for internal improvements but will not be retained or used by external vendors. Loan applicants and prequalification users should review this disclosure to understand how their submitted documents will be processed.
View change record →The updated policy discloses 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 also states that Wealthfront uses client personal information to train, develop, test, and improve AI-powered features that may be made available to employees and clients; the policy clarifies that outputs from these AI features are informational only and do not constitute investment advice or recommendations. The revised parental notification clause removes the phrase 'without your consent,' meaning parents should contact Wealthfront if they become aware their child has directly provided personal information, regardless of whether consent was given.
View change record →Your personal information will not go to non-affiliated third parties unless you authorize it or California law independently permits it.
How other platforms handle this
in the case of Cohere, to potential assignees, acquirers or successors of Cohere if and to the extent such persons need to know such Confidential Information in connection with a potential sale, merger, amalgamation or other corporate transaction...
We may share your Personal Data with Service Providers, Third-Party Vendors, Consultants, and other Business Partners in order to provide Services on our behalf...
We will share Personal Data that we collect, such as Account Information with any corporate affiliates...used for the purposes described in this Privacy Policy and generally to operate our business...
"We will not disclose your personal information to non-affiliated third parties, other than as permitted by California law, unless you authorize us to make those disclosures.Excerpt from Wealthfront's Privacy Policy
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This clause establishes a default non-disclosure rule for personal information shared with non-affiliates, conditioned only on California law exceptions or user authorization.
Your personal information will not go to non-affiliated third parties unless you authorize it or California law independently permits it.
ConductAtlas has identified this type of provision across 281 platforms. See the full comparison.
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