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
Retention is tied to active use or purpose fulfillment with no fixed time limit, meaning Personal Information may be held indefinitely as long as either condition is met.
Interpretive note: The excerpt ends with an ellipsis, indicating the retention clause continues beyond the quoted text. Additional conditions or qualifications may exist that could affect the full scope of the retention rule. The canonical claim reflects only what the quoted language establishes.
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 →Your Personal Information is retained by Wealthfront for as long as you use its Site, App, or Services, or for as long as necessary for the purpose it was collected.
How other platforms handle this
We will keep the personal information we collect about you for as long as necessary to carry out the purposes set forth in this Privacy Notice...but no longer than as required or permitted under applicable law or internal Walmart policy.
We store your personal information for a period of time that is consistent with the business purposes set forth in Section 3 of this policy or as long as needed to fulfill and comply with legal obligations.
If the disclosing party sends a written request, the receiving party will promptly return or destroy all Confidential Information received from the disclosing party, together with copies, except that a party may retain archival copies in accordance with its document retention policy or as required b...
"Wealthfront retains the Personal Information we receive as described in this Privacy Policy for as long as you use our Site, App, or Services, or as necessary to fulfill the purpose(s) for which it was collected...Excerpt from Wealthfront's Privacy Policy
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Retention is tied to active use or purpose fulfillment with no fixed time limit, meaning Personal Information may be held indefinitely as long as either condition is met.
Your Personal Information is retained by Wealthfront for as long as you use its Site, App, or Services, or for as long as necessary for the purpose it was collected.
ConductAtlas has identified this type of provision across 274 platforms. See the full comparison.
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