Menu

Updated

How often does Wealthfront perform tax-loss harvesting? Just at the end of the year or more often?

Wealthfront implements Daily Tax-Loss Harvesting and literally checks your account for Tax-Loss Harvesting opportunities every single trading day.

This means that we may harvest losses from your account throughout the year, including the common late-December period. We believe this more extensive account monitoring – only possible with a software-based solution like Wealthfront – leads to greater benefits.

For a detailed explanation of this strategy and actual results, take a look at the Wealthfront Tax-Loss Harvesting Whitepaper.

Was this article helpful?

This communication has been prepared solely for informational purposes only. Nothing in this communication should be construed as an offer, recommendation, or solicitation to buy or sell any security or a financial product. Any links provided to other server sites are offered as a matter of convenience and are not intended to imply that Wealthfront or its affiliates endorses, sponsors, promotes and/or is affiliated with the owners of or participants in those sites, or endorses any information contained on those sites, unless expressly stated otherwise.

Wealthfront offers a free software-based financial advice engine that delivers automated financial planning tools to help users achieve better outcomes. Investment management and advisory services are provided by Wealthfront Advisers LLC, an SEC registered investment adviser, and brokerage related products are provided by Wealthfront Brokerage LLC, a member of FINRA/SIPC.

Wealthfront, Wealthfront Advisers and Wealthfront Brokerage are wholly owned subsidiaries of Wealthfront Corporation.

© 2020 Wealthfront Corporation. All rights reserved.