Wealthfront Experience?

Oct 18, 2019 19 Comments

Anybody put over 100K into Wealthfront before? What was your experience?

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TOP 19 Comments
  • New / Eng
    annon1234

    New Eng

    BIO
    Hvac engineer.
    annon1234more
    I put 1 or 2k in Wealthfront. Then look at what they buy with that 1-2k and I buy the same etfs on my vanguard account or another brokerage to avoid wealthfront fee.
    Oct 18, 2019 1
    • This. Only advantage is they automatically reinvest dividends and rebalance, but you can do that yourself
      Oct 18, 2019
  • Exabeam / Eng DdAg85
    I have just over 100k in wealthfront for several years. No complain.
    Oct 18, 2019 11
    • Citadel Securities / Eng bluetiger
      For me the tax loss harvesting has been pretty worth it. Easily adds a percent return each year over what I could do on my own without significant effort
      Oct 18, 2019
    • Charles Schwab iKyr23
      These are all just passive index strategies. There is no dynamic or strategic allocation shift taking place amongst these robos. Looking at past performance of index funds and avoiding them based on underperformance is a terrible idea. Go find a quilt chart and you’ll see why. The discipline, rebalancing, and TLH is where you are getting the real benefit of these services. Diversified, passive strategies will closely match market performance based on your risk profile during an entire market cycle. That’s why your buying in to them - to avoid a 1% fee.
      Oct 19, 2019
  • Citadel Securities / Eng bluetiger
    They do a lot of tax loss harvesting with their funds that is non-trivial to replicate on your end and certainly worth the fee
    Oct 18, 2019 0
  • Eigen 🔥blind
    I had 10k at one point after that they will charge
    Oct 18, 2019 0
  • Is anyone using betterment as well
    Oct 18, 2019 1
    • I used it
      I would suggest investing in some index fund than going on these robo advisors
      Oct 18, 2019
  • Dell lKAw06
    Sort of ... I did an experiment a few years ago, 100k each in Schwab intelligent portfolio, betterment and wealthfront .. wealthfront won (under those particular market conditions!)
    I've taken money out since then but it's still double net deposits.
    Oct 18, 2019 0

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