What it is
Wealthfront manages diversified ETF portfolios for US investors with automatic rebalancing and daily tax-loss harvesting, alongside a high-interest cash account and a bond portfolio, for a low annual fee.
Who it suits
US investors who want automated investing and a competitive cash account under one login.
Regulation and protection
SEC-registered investment adviser; brokerage through a FINRA member.
How it charges
An annual advisory fee as a percentage of invested assets, plus the expense ratios of the ETFs held. The cash account is free.
Getting started
Answer a short risk questionnaire, link a bank and fund; portfolios are built and managed automatically.
At a glance
- Stock commission
- Management fee instead
- ISA / tax wrapper
- IRA (US)
- Fractional shares
- Yes
- Crypto
- Limited (via funds)
- Headquarters
- Palo Alto
- Founded
- 2008
Strengths
- Low annual fee
- Tax-loss harvesting on every account
- High-yield cash account
Watch for
- No human advisers
- US residents only
Readers ask2 questions answered
What does Wealthfront charge?
A small annual percentage of assets managed; the cash account has no fee.
Can I pick individual stocks?
Yes, in a self-directed stock account alongside the managed portfolio.
How it comparesIts standing in 1 comparison
Best fully automated portfolio with tax-loss harvesting
- Stock commission
- Management fee instead 2 of them share this
- ISA / tax wrapper
- IRA (US) 5 of them share this
- Fractional shares
- Yes 6 of them share this
- Crypto
- Limited (via funds) 1 provider in this comparison
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