Wealthfront is an investment broker and financial advisory services company. It provides users with a platform where they can manage their investments and savings in a secure and completely virtual environment. In this article, we cover Wealthfront reviews and pricing. Ready to get started? Sign up for free.
Summary of Positive Wealthfront Reviews
As of March 2019, there are no up-to-date positive reviews about Wealthfront online. If you are a past or current Wealthfront customer, leave a review to help other small business owners who are deciding whether or not to use its services.
Summary of Negative Wealthfront Reviews
Users who gave Wealthfront a negative review said that their investments performed poorly while using the platform, even when the market is bullish. They also complained about unsatisfactory customer support.
One user who gave Wealthfront a negative review on Consumer Affairs said that his investments started losing money two months into using the service — despite the stock market performing very well. He said that he tried keeping an account for six months, but there was no point during that period when his account performed positively and earned money.
Wealthfront pricing includes a 0.25% advisory fee per month. It requires members to have at least $500 in their account to start investing, which equates to a monthly fee of 10 cents. Wealthfront also charges 0.07 to 0.16% fund fees. However, it was not indicated on the website how often these are charged.
Ready to get started with Wealthfront? Sign up for free.
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Check out the list below of some of Wealthfront’s services:
- Financial advisory services
- Online investment management
- Savings and investment insurance
- Line of credit
Can Wealthfront users withdraw the money from their investment account anytime?
Users can withdraw their money from their account anytime, with no corresponding fees.
How can users get started with investing through the Wealthfront platform?
Upon creating a free account, Wealthfront will ask the user a few questions to determine a suitable investment portfolio based on the amount of money that he or she will deposit to the account. Users will only be charged with corresponding fees once they start investing money.