Updated
Is there a minimum account size needed to open a Portfolio Line of Credit?
To access your Portfolio Line of Credit (PLOC), you need at least $25,000 invested in either a Taxable Automated Index Investing Account, Automated Bond Portfolio, or S&P 500 Direct Portfolio. If there are multiple accounts of the same type (i.e. Individual, Joint, Trust), we apply the PLOC to the account with the largest balance.
Note: If you deposit $25,000 and the market value of your account falls, you are still eligible. See below for an example.
Market Value |
Net Deposits |
Eligible? |
$23,000 |
$25,000 |
Yes |
$28,000 |
$23,000 |
Yes |
$24,000 |
$23,000 |
No |
Portfolio Line of Credit is a margin lending product offered exclusively to clients of Wealthfront Advisers by Wealthfront Brokerage LLC. You should consider the risks and benefits specific to margin when evaluating your options. Learn more about these risks in the Margin Handbook. PLOC eligibility is subject to a minimum account balance which is subject to change.
Investment management and advisory services are offered by Wealthfront Advisers LLC, an SEC registered investment adviser. Brokerage products and services offered by Wealthfront Brokerage LLC, member FINRA / SIPC.
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