Wealthfront does not charge any fees to transfer investments from another firm to your Wealthfront account, but your other firm may charge an account closing and/or transfer fee (often called an “ACATS” fee).
If your firm does charge a fee, they’ll generally deduct it from your transferred balance, either during the transfer or after your investments arrive at Wealthfront (in which case you’ll see this fee as a transaction in your Wealthfront account). If we’re aware that your other firm charges a fee, we’ll give you a heads up before you request a transfer. To determine which fees may apply to your transfer, contact your other firm. Note: Wealthfront does not reimburse fees charged by other firms.
Once your assets arrive your account will be subject to the Wealthfront advisory fee.
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.