Wealthfront
Automated investment management platform (robo-advisor) offering tax-loss harvesting, financial planning, and high-yield cash accounts with low advisory fees.
Pricing Plans
Free
Advisory-fee
Enterprise
Pricing model: percentage aum
Pros & Cons
Pros
- Industry-leading tax-loss harvesting
- Low 0.25% advisory fee
- High-yield cash account with FDIC insurance
- Comprehensive free financial planning tools
- Direct indexing for accounts over $100K
Cons
- No human financial advisors available
- $500 minimum investment to start
- Limited customization of portfolio allocations
Wealthfront Alternatives
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What is Wealthfront?
Automated investment management platform (robo-advisor) offering tax-loss harvesting, financial planning, and high-yield cash accounts with low advisory fees.
How much does Wealthfront cost?
Wealthfront does not offer a free plan. Paid plans include: Advisory-fee: $0.25/mo.
What are the best alternatives to Wealthfront?
The best alternatives to Wealthfront include YNAB, Mint, Empower (Personal Capital), Robinhood. Each offers similar functionality with different strengths in features, pricing, and ease of use.
Is Wealthfront free?
No, Wealthfront does not offer a free plan. However, they may offer a free trial. Check their website for current offers.
What is Wealthfront best for?
Wealthfront is best for Passive Investors, Tax Conscious Investors, Young Professionals, Long Term Investors. It is designed to serve these audiences with specialized features and workflows.