Build a free financial plan and automate your investments at a low cost.
Our all-in-one solution gives you the financial expertise you need, right in your pocket. No spreadsheets, no annoying sales calls, no judgment.
Free financial planning made easy
Built by our team of PhDs, our all-in-one planning experience helps you explore future goals like homeownership, early retirement, time off for travel, and covering college costs. We’ll show you the tradeoffs of your decisions and provide actionable advice.
Invest while keeping fees and taxes low
Through our software-only approach, we invest your money in a globally diversified portfolio of low-cost index funds, and our tax-loss harvesting strategies help lower the taxes you pay.
Borrow with ease
Secured by your investments, Portfolio Line of Credit helps you access cash without selling your investments. It takes one tap to request cash, and you can access the money you need in as quickly as 1 business day.
Wealthfront Software LLC (“Wealthfront”) offers a software-based financial advice engine that delivers financial planning tools to help users achieve better outcomes. All information provided by Wealthfront’s financial planning tool is for illustrative purposes only and you should not rely on such information as the primary basis of your investment, financial, or tax planning decisions. No representations, warranties or guarantees are made as to the accuracy of any estimates or calculations provided by the financial tool. Investment advisory services are offered by Wealthfront Advisors LLC (“Wealthfront Advisers”, the successor investment adviser to Wealthfront Inc.), an SEC-registered investment advisor, and brokerage products and services, including the Portfolio Line of Credit, are offered by Wealthfront Brokerage LLC (formerly known as Wealthfront Brokerage Corporation), member FINRA / SIPC. Nothing in this material should be construed as investment or tax advice, or a solicitation or offer, or recommendation, to buy or sell any security. For more information please visit www.wealthfront.com. Wealthfront, Wealthfront Advisers and Wealthfront Brokerage LLC are wholly owned subsidiaries of Wealthfront Corporation.
Bug fixes and performance improvements.
Ratings and Reviews
Very Functional and Easy to Use
This app is very functional and easy to use. It gives users a quick way to assess their complete financial situation through the ability to link to all your external accounts with other financial institutions. It will also show a projection of your financial situation throughout your lifetime, if you desire. The app makes it very easy to add money to your Wealthfront accounts or transfer money out of Wealthfront to another institution.
There are two distinct reasons I did not give the Wealthfront app five stars. First, the app does not give users the ability to change their risk tolerance score. Users must log on to Wealthfront’s actual website to do that, which is tremendously inconvenient. Second, although I like the financial future modeling the app provides, there is no available explanation of the modeling used to make such a long term forecast. Specifically, I would like to know the assumed annual rate of return in the model as well as whether it accounts for an assumed annual pay increase or an assumed increase in the value of your home. This would all be possible by adding a simple link that explains the specifics of the assumptions and methodology behind the model used to calculate important values like your predicted net worth at retirement age. I am sure this seems like a niche request, but some more financially and data savvy users would appreciate it.
Developer Response ,
Hi and thank you for the feedback. Please note, all of this information is available on the full website. The methodology for our model is available on the app (click on your specific goal and scroll down to Methodology). Please send an email to email@example.com for any account-specific questions. We will also share your feedback with the team. Thank you.
Great product, but the app? *Shrug*
I love wealthfront the financial product. I have the majority of my non-home-equity money invested with them in their top tier product offering. That’s great. But they’re trying to be a generic consumer finance app and doing a really poor job of it. They force path down your throat and it doesn’t really work. If you have Fidelity and choose to use 2FA with a VIP pin (which you should) it won’t work. The app tells me excitedly that in a few years I’ll be able to afford a house! That’s great, but I already own a home worth 10x the goal they’ve set for me. Why don’t I just add my home value to the app? Because none of my other accounts sync and I really just want a quick at a glance look at my portfolio. It tries to be a holistic financial picture and poorly supports most financial accounts.
Mint does a great job syncing accounts, and it’s a horrible product. Please, if you want to go down this road, give me something to replace mint with. If you’re not willing to go that far then get out of the way and let me have just my wealthfront account and no path on the home screen.
Simplicity for any level investor
I work with a CFP, I manage a stock and ETF account with scottrade, and have been using wealthfront for 18 months now. This is by far the easiest and now most lucrative of the 3, and I have yet to crest over $500 in fees. And once I do, they have about $5k in harvested losses that my cfp nor myself would have done because well, we have day jobs. So whatever fees end up going to wealthfront, which are minuscule, will easily be covered by their automated loss harvesting. The app is dirt easy, you can link other accounts and real estate holdings, etc. I can't recommend this enough to anyone, regardless of understanding of investing or retirement planning. These guys hit all the bases and their fees finance themselves with the tax loss harvesting. I.E. this is cheaper than free!
With Family Sharing set up, up to six family members can use this app.