Wealthfront

Wealthfront splits itself into TWO separate legal entities — 'Wealthfront Advisers' and 'Wealthfront Brokerage' — each with its OWN separate arbitration clause in a different document. A customer trying to fully understand what rights they've given up would need to read and reconcile two different agreements, not one. And even where Wealthfront lets you opt out of letting it vote your shares by proxy, that opt-out DISAPPEARS for any of your securities currently loaned out through its Securities Lending Program.

• Severity
• Evidence tierUnassigned
• Claims confirmed
• Last verified2026-08-04

Primary source. None recorded — Unverified - heuristic first draft.

Arbitration

STRUCTURAL COMPLEXITY FLAG: Wealthfront customers are actually bound by TWO SEPARATE legal entities with two separate arbitration clauses — 'Wealthfront Advisers' (the advisory/robo side, Section 22 of the Stock Investing Advisory Agreement) and 'Wealthfront Brokerage' (the custody/execution side, Section 17 of the separate Customer Brokerage and Custody Agreement, per the advisory agreement's cover page) — both mandatory, both AAA Consumer Rules, both governed by California law and Federal Arbitration Act, but a customer would need to read TWO documents to understand their full arbitration exposure, not one. Customers CAN opt out of proxy-voting authority (a good transparency feature) but CANNOT opt out of proxy voting for securities currently out on loan through Wealthfront's Securities Lending Program — a real, specific limitation on customer control.

Contacts

Privacy contact. Not recorded.

Legal notice. Not verified this pass. If publicly traded: SEC Form 10-K cover page gives the official corporate address; the Secretary of State business-entity search in the state of incorporation gives the registered agent, which must accept service. If private: the state registered agent is usually the only reliable route.

Mailing address. Not recorded.