Chris L
TennesseeMember since March 2018

Reviews (1)


    • Mar 12, 2018
    • Verified Reviewer

    Wealthfront

    Beware

    First and foremost, I want to say that out of all of my accounts, Wealthfront has performed the worst. Even with an up market, this account is in the negative when all other accounts are in the green.

    My main problem with this company is that I transferred my retirement Roth IRA over to a Wealthfront Roth IRA. Or so I thought. When I tried to transfer the funds over to my other brokerage due to Wealthfront's poor performance, I was informed that Wealthfront had opened my account as a Traditional IRA. When I confronted them about the situation, I was told they do not have a department to handle this and I could email their cashier group. I told them I needed to speak to someone but once again was not given that option. After many frustrating emails, I realized they were not going to help me get the account fixed.

    I now see I made a HUGE and expensive mistake going with Wealthfront. Please beware of this company and look into other investment avenues for your hard earned money.

    Bottom Line: No, I would not recommend this to a friend

    17 people found it helpful

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