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
Click here to learn more.
Investment to Cash (3-4 business days)
We expect to sell your investments within 1-2 business days, after which you will no longer be subject to market movement. It takes 2 business days for trades to settle, so the funds should arrive in your cash account 1-2 business days after trade settlement. In total, this process takes 3-4 business days.
Please note, to satisfy your transfer request we will have to sell some of your securities. If those investments are sold at a gain then they will typically generate a tax liability.
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: For security purposes, there is a 3 business day hold on all new deposits before the funds can be transferred between your accounts. The amount you can transfer between accounts will show as an available balance when entering the transfer amount.
Cash Account is offered by Wealthfront Brokerage LLC (“Wealthfront Brokerage”), a member of FINRA/SIPC. Neither Wealthfront Brokerage nor its affiliates is a bank , and Cash Account is not a checking or savings account. We convey funds to institutions accepting and maintaining deposits. 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. Any links provided to other server sites are offered as a matter of convenience and are not intended to imply that Wealthfront Advisers or its affiliates endorses, sponsors, promotes and/or is affiliated with the owners of or participants in those sites, or endorses any information contained on those sites, unless expressly stated otherwise.
All investing involves risk, including the possible loss of money you invest, and past performance does not guarantee future performance. Please see our Full Disclosure for important details.
Wealthfront Advisers and Wealthfront Brokerage are wholly owned subsidiaries of Wealthfront Corporation.
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