How to Cancel Wealthfront
Wealthfront allows you to close your account online through your account dashboard. Your funds are returned to your linked bank account after closure processing.
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Quick Facts
- Cancel online?
- Yes
- Pause option?
- No
- Refund policy
- No closure fees. Remaining funds transferred to your linked bank account.
- After cancellation
- Account records retained per SEC and financial regulations. Historical statements remain accessible.
Cancellation Steps
Go directly to Wealthfront cancellation pageSign in to Wealthfront
Go to wealthfront.com and log in with your account credentials.
Navigate to account settings
Click the settings icon and select "Account Settings" from the menu.
Find the close account option
Scroll to the bottom and click "Close Account" under account management.
Confirm closure
Follow the prompts to confirm. Your funds will be transferred to your linked bank account.
Tips & Things to Know
- Ensure all pending transactions are complete before closing your account.
- Withdraw or transfer any remaining balances before initiating closure.
- Keep your account statements for tax and financial records purposes.
Your Consumer Rights
- Under the Consumer Rights Act 2015, you have rights regarding unfair contract terms.
- The Financial Conduct Authority regulates investment services and account protections in the UK.
Frequently Asked Questions
- Can I close my Wealthfront account anytime?
- Yes. There are no contracts or early closure fees. You can close your account at any time.
- How long does account closure take?
- Closure is immediate. Fund transfers to your bank account typically take 3 - 5 business days.
- Will I be charged to close my account?
- No. Wealthfront does not charge account closure fees or early withdrawal penalties.
- What happens to my investment data after closure?
- Records are retained per SEC financial regulations. You can request account statements after closure.
- Can I reopen a closed Wealthfront account?
- You can apply for a new account, but previous accounts cannot be reopened.