This is the legal agreement you accept when using Wealthfront's website or app, whether you're just browsing or are a full investment client. It sets rules for how you can use the platform and limits how much Wealthfront can be held responsible if something goes wrong — including capping their liability at just $100. It also means that if you submit any feedback or ideas, Wealthfront owns them automatically.
Technical Summary
Wealthfront's Terms of Use (Investment Advisory), effective November 1, 2024, governs access to and use of Wealthfront Advisers LLC's automated investment advisory platform by both Users (non-clients using the site for evaluation or education) and Clients (those who execute a separate Client Agreement for portfolio management). The document establishes key obligations including age eligibility (18+), account security responsibilities, and prohibited conduct. Notable provisions include a broad disclaimer of all warranties, a liability cap of $100 regardless of damages, California-exclusive jurisdiction and governing law, unilateral termination rights by Wealthfront without notice, and an intellectual property assignment clause covering user-submitted feedback. The agreement expressly reserves Wealthfront's right to modify terms unilaterally, with continued use constituting acceptance.
No matter what goes wrong — including investment losses or platform errors — Wealthfront's total financial responsibility to you is limited to a maximum of $100.
Wealthfront provides its website and all information on it 'as is' with no guarantees about accuracy, reliability, security, or fitness for any purpose.
Wealthfront can change these Terms of Use at any time simply by posting a new version online; continued use of the platform means you accept the new terms.
When you link external financial accounts to Wealthfront, you consent to Wealthfront and its third-party service providers accessing, processing, and displaying that account data.
If you share a joint account view with a co-owner, Wealthfront will share your personal financial information — including account balances and account numbers — with that co-owner for as long as the accounts are linked.