Usually, there will be a small amount of uninvested cash in your Wealthfront account for the following reasons:
- We purchase only whole shares of ETFs for you. This leaves some cash uninvested until there is enough to buy more whole shares according to your Wealthfront plan.
- We reserve enough cash to cover Wealthfront’s advisory fees.
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.