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1 Return calculated using average annual Wealthfront Advisers LLC (“Wealthfront Advisers”) client taxable account returns for clients who selected a risk score of 8 from October 2011 to February 29 2024. The calculated returns are annualized and provided on a pre-tax basis as well as net of all advisory fees and expenses. The risk score of 8 was chosen because it is the most commonly selected risk score of Wealthfront Advisers’ clients. Wealthfront Advisers’ risk scores range from 0.5 to 10 in half integer increments, for a total of 20 different risk profiles, with each risk score having a different target asset allocation comprised of U.S. stocks, foreign developed market stocks, emerging market stocks, dividend growth stocks, corporate bonds, treasury inflation-protected securities, U.S. government bonds, municipal bonds, and other asset classes. Clients who selected different risk scores from inception or invested with Wealthfront Advisers at any other time other than October 2011 likely realized materially different returns from that which is provided. The return includes the application of Wealthfront Advisers’ daily tax-loss harvesting strategy and reinvestment of dividends.You can see a breakdown of historical returns for all risk scores and additional disclosures regarding how we can up with this number here. Future performance may deviate from past results due to changes in recommended asset allocations as well as differences in future market returns.
2 PriceMetrix State of Retail Wealth Management, 8th Annual Report, 2018
For more information about the Wealthfront 529 College Savings Plan (the “Plan”), download the Plan Description and Participation Agreement or request one by emailing support@wealthfront.com. Investment objectives, risks, charges, expenses, and other important information are included in the Plan Description and Participation Agreement; please read and consider it carefully before investing. An investment in the Plan is not insured or guaranteed by the FDIC or any federal or state government or agency. You could lose all or portion of your investment. Wealthfront Brokerage LLC serves as the distributor and the underwriter of the Plan.
Before you invest, consider whether your or the beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in that state’s qualified tuition program.
The Plan is administered by the Board of Trustees of the College Savings Plans of Nevada (the “Board”), chaired by the Nevada State Treasurer. Ascensus Broker Dealer Services, Inc. (“ABD”) serves as the Program Manager.
You also should consult your financial, tax, or other advisor to learn more about how state-based benefits (or any limitations) would apply to your specific circ*mstances. You also may wish to contact directly your home state’s 529 plan(s), or any other 529 plan, to learn more about those plans’ features, benefits and limitations. Keep in mind that state-based benefits should be one of many appropriately weighted factors to be considered when making an investment decision. Earnings on nonqualified withdrawals are subject to federal income tax and may be subject to a 10 percent federal tax penalty, as well as state and local income taxes. The availability of tax and other benefits may be contingent on meeting other requirements.
Wealthfront Software LLC (“Wealthfront”) offers a software-based financial advice engine that delivers automated financial planning tools to help users achieve better outcomes. Investment management and advisory services are provided by Wealthfront Advisers LLC (“Wealthfront Advisers”), an SEC-registered investment adviser, and brokerage related products, including the cash account, are provided by Wealthfront Brokerage LLC, a member of FINRA/SIPC.
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The Annual Percentage Yield (APY) for the Cash Account may change at any time, before or after the Cash Account is opened. The APY for the Wealthfront Cash Account represents the weighted average of the APY on the aggregate deposit balances of all clients at the program banks. Deposit balances are not allocated equally among the participating program banks. FDIC.gov national industry average savings rate as of .
Cash Account is offered by Wealthfront Brokerage. Neither Wealthfront Brokerage nor its affiliates is a bank. Wealthfront Brokerage conveys Cash Account funds to depository institutions that accept and maintain such deposits. The cash balance in the Cash Account is swept to one or more banks (the “ program banks”) where it earns a variable rate of interest and is eligible for FDIC insurance. FDIC insurance is not provided until the funds arrive at the Program Banks. While funds are at Wealthfront, before they are swept to the program banks, they are subject to SIPC’s protection limit of $250,000 for cash. FDIC insurance coverage is limited to $250,000 per qualified customer account per banking institution. Wealthfront Brokerage uses more than one Program Bank to ensure FDIC coverage of up to $8 million for your cash deposits. For more information on FDIC insurance coverage, please visit www.FDIC.gov. Customers are responsible for monitoring their total assets at each of the Program Banks to determine the extent of available FDIC insurance coverage in accordance with FDIC rules. The deposits at Program Banks are not covered by SIPC. This is not an offer, or solicitation of any offer to buy or sell any security, investment or other product.
All investing involves risk, including the possible loss of money you invest, and past performance does not guarantee future performance. Historical returns, expected returns, and probability projections are provided for informational and illustrative purposes, and may not reflect actual future performance. Please see our Full Disclosure for important details.
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