To transfer funds from another brokerage account to Wealthfront via the ACATS system, the minimum transfer amount is $100. We require this minimum for two reasons:
- The funds that we invest in for your Automated Investing Account generally trade in increments ranging from $30 to $120, so we might not be able to invest your money if you transfer less than $100.
- Many other brokerage firms charge transfer fees – sometimes up to $100 – and we think you shouldn’t lose your money just because you want to switch to a new brokerage.
What if I have less than $100 at another brokerage?
If your account is a taxable investing account:
- Liquidate and withdraw from your account at the current firm. Note: selling your investments is a taxable event. To learn how this may impact your taxes, consult a tax advisor.
- Transfer funds into your Wealthfront investing account. Note: the minimum deposit for an Automated Investing Account is $500 for initial funding, $100 for additional deposits to an existing Wealthfront account.
If your account is a tax-advantaged account (e.g., 401(k), IRA, 529), there are no minimum non-ACATS transfer requirements (e.g., cash deposit, wire or check). We recommend consulting a tax advisor before proceeding.
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