You can have multiple Automated Investing Accounts at Wealthfront. Some of our clients may wish to do this in order to have accounts with different portfolio allocations. In other words, you could have one account with a Wealthfront-recommended portfolio and another that is customized.
If you have multiple accounts with Tax-Loss Harvesting enabled, our software will avoid wash sales whenever possible. In some cases, having multiple taxable accounts can reduce our ability to execute trades associated with Tax-Loss Harvesting and lead to investment delays.