What if I am restricted from trading certain stocks, like those of my employer? Can I still get Stock-level Tax-Loss Harvesting and Smart Beta?

Absolutely. When you add Stock-level Tax-Loss Harvesting to your Wealthfront portfolio you’ll be asked to set-up an Exclusion List of stocks that we should never trade on your behalf.

To do this, log in to our full website and click your name at the top right > settings > restrictions. 

Please add the stock ticker for your employer and any other stocks you are restricted from owning/trading to list and we’ll make sure to never buy or sell those stocks as part of Stock-level Tax-Loss Harvesting.

If you’re married, then please also add any stocks that your spouse is restricted from trading to the list.


Was this article helpful?

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.