Menu

Updated

Will Stock-level Tax-Loss Harvesting and Smart Beta remain on in my account if my balance falls below the minimum account size due to market movements?

Yes, if you participate in Stock-level Tax-Loss Harvesting at the $100K initial minimum or Smart Beta at the $500K initial minimum and your account balance falls below the respective minimum due to market movements, the respective service will remain on in your account.

Please note: if a withdrawal request causes your account balance to drop below the $100K minimum, Stock-level Tax-Loss Harvesting will be disabled on your account and we will sell the individual stocks used to implement Stock-level Tax-Loss Harvesting and purchase VTI to represent U.S. stocks. Tax-Loss Harvesting will remain on in your account, as there is no minimum to have Tax-Loss Harvesting.

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.