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.
- Your cash balance is held in a money market fund (TIMXX)
Wealthfront prepared this article for informational purposes and not as an offer, recommendation, or solicitation to buy or sell any security. Wealthfront and its affiliates may rely on information from various sources we believe to be reliable (including clients and other third parties), but cannot guarantee its accuracy or completeness. See our Full Disclosure for more important information.
Wealthfront and its affiliates do not provide tax advice and investors are encouraged to consult with their personal tax advisor. Financial advisory and planning services are only provided to investors who become clients by way of a written agreement. All investing involves risk, including the possible loss of money you invest. Past performance does not guarantee future performance.