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.
Nothing in this blog should be construed as tax advice, a solicitation or offer, or recommendation, to buy or sell any security. Financial advisory services are only provided to investors who become Wealthfront Inc. clients pursuant to a written agreement, which investors are urged to read carefully, that is available at www.wealthfront.com. All securities involve risk and may result in some loss. For more information please visit www.wealthfront.com or see our Full Disclosure. While the data Wealthfront uses from third parties is believed to be reliable, Wealthfront does not guarantee the accuracy of the information.