Wealthfront Review

Wealthfront

Founded 2008

Minafi Score

74 /100

Minafi Rating

10 /10

Usability Rating

10 /10

Cost Rating

4 /10

Trust Rating

9 /10

Retirement Score

10 /10

Company Age Score

5 /5

JD Power Rating

0 /1000

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Wealthfront Alternatives

All comparisons:

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Wealthfront

74

Minafi's Take

Wealthfront is an award-winning roboadvisor that allows for automatic investing. You can rollover an existing account (like a 401(k), Roth IRA or Traditional IRA) and let Wealthfront invest it for you based on your time horizon and risk tolerance.

Minafi recommends Wealthfront as an investment platform for new investors or those who want a hands-off approach.

Just The Facts

Here’s everything you want to know about Wealthfront.

Who Manages Your Money?

Wealthfront is categorized as a Roboadvisor. After you create your account and set your timeframe for investing and your risk tolerance, Wealthfront will make all investment decisions for you.

What Features Does Wealthfront Offer?

Wealthfront allows you to invest using at least 4 different account types, over at least 3 platforms.

How Much Does Wealthfront Cost?

Fees based on [Wealthfront's](https://www.wealthfront.com/investing) fees including a 0.25% yearly advisor fee and an expense ratio of 0.095%.

Current Promotions

  • Get $5,000 in your Investment Account managed for free.

Fees & Expenses View all fees

  • 0.25% Advisor Fee
  • 0.095% average expense ratio for ETFs
  • 0.35% average total fee

How Do I Sign Up?

Open an Account

Pros

  • Extremely easy to use to start investing.
  • Automatic tax-loss harvesting.
  • Cash account option.

Cons

  • No fractional ETF shares.
  • Asset allocation is based on age rather than estimated retirement age.
  • 0.25% account management fee can add up for larger accounts.

Wealthfront Screenshots

We have 6 screenshots of Wealthfront.

  • screenshot.title

    Weathfront iOS - All Time performance

  • screenshot.title

    Weathfront iOS - 2018 Performance

  • screenshot.title

    Weathfront iOS - 2019 Performance

View all 6 screenshots

Wealthfront Alternatives

Here's a look at how Wealthfront compares with it's closest competitors.

Wealthfront

74

Open An Account
Ratings
Rating Type Rating
Minafi Rating 10 /10
Usability Score 10 /10
Cost Rating 4 /10
Trust Rating 9 /10
Company Age Score 5 /5
JD Power Score 0 /10
Overview
Overview Feature Included
Founded 2008
Min Investment $500.00
Classification
Accounts Offered
How to Access
Allows Investors from
Features
Feature Included
Automatic Investing
Automatic Rebalancing
Automatic Tax-Loss Harvesting
Checking Account
Fractional ETF Shares
Free Trades
Good for Beginners
Good for Day Trading
Good for Retirement
Sign Up Bonus
Fees & Expenses
Fee Type Included
Management Fee
Monthly Fee -
Options Fee -
Trade Fee -

M1 Finance

98

Open An Account
Ratings
Rating Type Rating
Minafi Rating 10 /10
Usability Score 8 /10
Cost Rating 10 /10
Trust Rating 8 /10
Company Age Score 5 /5
JD Power Score -
Overview
Overview Feature Included
Founded 2015
Min Investment $100.00
Classification
Accounts Offered
How to Access
Allows Investors from
Features
Feature Included
Automatic Investing
Automatic Rebalancing
Automatic Tax-Loss Harvesting
Checking Account
Fractional ETF Shares
Free Trades
Good for Beginners
Good for Day Trading
Good for Retirement
Sign Up Bonus
Fees & Expenses
Fee Type Included
Management Fee -
Monthly Fee -
Options Fee -
Trade Fee -

Betterment

87

Open An Account
Ratings
Rating Type Rating
Minafi Rating 9 /10
Usability Score 10 /10
Cost Rating 5 /10
Trust Rating 9 /10
Company Age Score 5 /5
JD Power Score -
Overview
Overview Feature Included
Founded 2008
Min Investment $0.00
Classification
Accounts Offered
How to Access
Allows Investors from
Features
Feature Included
Automatic Investing
Automatic Rebalancing
Automatic Tax-Loss Harvesting
Checking Account
Fractional ETF Shares
Free Trades
Good for Beginners
Good for Day Trading
Good for Retirement
Sign Up Bonus
Fees & Expenses
Fee Type Included
Management Fee
Monthly Fee -
Options Fee -
Trade Fee -

Compare Wealthfront with other platforms »

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Open an Account

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