This depends on the accounts you are transferring between and the time of day when you request the transfer. Our website will provide an estimated completion date before you request the transfer.
Cash to Investment (1 - 2 business days)
Moving funds from your cash account to your investment account will transfer and invest the same-day if the transfer is submitted before the market opens (9:30am ET). Otherwise, it will invest the next market day (M-F, excluding holidays).
Investment to Cash (not available yet - coming soon!)
Note about market timing: We do not guarantee trade execution, nor do we guarantee what time of day we will buy/sell your securities. This functionality should not be used as a way to try and time the market. For more of our thoughts on this topic, please review this link.
Additional Note: To satisfy anti-money laundering regulations, there is a 5 business day hold on all new deposits before the funds can be transferred to your investment account. The amount you can transfer between accounts will show as an available balance.
Cash Account is offered by Wealthfront Brokerage LLC (“Wealthfront Brokerage”), a member of FINRA/SIPC. Neither Wealthfront Brokerage nor its affiliates is a bank.
Investment management and advisory services are provided by Wealthfront Advisers LLC (“Wealthfront Advisers”), an SEC registered investment adviser, and financial planning tools are provided by Wealthfront Software LLC (“Wealthfront”).
Nothing in this communication should be construed as tax advice, a solicitation or offer, or recommendation, to buy or sell any security.
Wealthfront Advisers and Wealthfront Brokerage are wholly owned subsidiaries of Wealthfront Corporation.
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