In general, you can transfer most U.S. stocks, ETFs, and mutual funds quickly and easily through our automated transfer process. After linking your external account, our software will review your portfolio and show you which investments you can transfer to Wealthfront.
You cannot transfer the following types of investments because we can’t convert them to your Wealthfront portfolio in an automated way:
- Low-priced stocks that do not trade on an exchange (sometimes referred to as “Penny Stocks”)
- Mutual funds for which we do not have a selling agreement with the mutual fund issuer.
- Individual Bonds and other fixed income products issued by an individual company, organization, or governmental body. Note: This does not include bond ETFs or mutual funds
- Annuities and other insurance products
- Options and other derivative securities
- Unit Investment Trusts (UITs)
- Any other product that is not actively traded on a U.S. exchange, including private investments, foreign stocks, hedge funds, and many REITs.
If you’d like to transfer any of these unsupported investments, you’ll first need to sell them at your other firm and transfer the cash proceeds (check with your other firm for any applicable fees for selling your investments). Note: selling investments may be a taxable event, so consult a tax advisor before selling investments.
Wealthfront prepared this article for informational purposes and not as an offer, recommendation, or solicitation to buy or sell any security. Wealthfront and its affiliates may rely on information from various sources we believe to be reliable (including clients and other third parties), but cannot guarantee its accuracy or completeness. See our Full Disclosure for more important information.
Wealthfront and its affiliates do not provide tax advice and investors are encouraged to consult with their personal tax advisor. Financial advisory and planning services are only provided to investors who become clients by way of a written agreement. All investing involves risk, including the possible loss of money you invest. Past performance does not guarantee future performance.