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Why do you have a minimum account size for Stock-level Tax-Loss Harvesting and Smart Beta?

Any Wealthfront taxable account with over $100,000 to invest is eligible for Stock-level Tax-Loss Harvesting. Any Wealthfront taxable account with over $500,000 to invest is eligible for Smart Beta.

Our minimums for are based on dollar amounts required to hold a reasonable collection of individual US stocks in a Stock-level Tax-Loss Harvesting and Smart Beta position while continuing to track the performance of the broad US market.

That means that the Stock-level Tax-Loss Harvesting and Smart Beta minimums must be met through cash deposits or assets in your Wealthfront diversified portfolio. Other assets, such as assets you’ve transferred to Wealthfront via a Tax-Minimized Brokerage Account Transfer and which are still being sold or diversified, can not be used to meet this minimum as those assets can not be used to purchase individual stocks until their sale is completed.

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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.