How to Close a Wealthfront Account
If you follow our instructions on how to close a Wealthfront account, you should not run into any problems along the way.
Wealthfront Account Closeout Overview
There are two methods that can be used to close an account at Wealthfront. The first is to transfer assets through the Automated Customer Account Transfer Service (ACATS) network, which will automatically close the account at Wealthfront. The second is to bring the balance to $0 and complete any remaining closure steps that apply to the specific account type.
The ideal method will depend on what your goal is (keep the positions or withdraw cash) and what type of account it is. Wealthfront offers several account types, and not all of them are eligible for both closure methods.
Closing a Wealthfront Cash Account
With or without a balance, a Wealthfront cash account can easily be closed on either the website or mobile app. There is no need to transfer the account. On the website, click on the account icon on the dashboard after logging in. On the next page, click on the Manage link that appears in the upper-right corner. Next, you’ll see the link to “Start account closure.” Click on this link and follow the instructions to withdraw funds and close the account.
On the mobile app, the steps are pretty much the same. Log into the app and tap on the Home icon in the bottom-left corner. Find the cash account and tap on it. The Manage link will appear in the upper-right corner. Tap on this and scroll down until you see the link to close the cash account.
On either platform, closing a cash account will prevent it from being used for direct deposit or auto bill pay if these services were set up previously. A request cannot be rescinded, so be sure you want to close the account before doing this.
Closing a Wealthfront Investment Account
Closing a robo or stock-investing account is a little different. A securities account can be closed in a similar manner described above or transferred to a second investment firm, which will close it at Wealthfront. The main advantage of the first method is that the sale of securities will produce a cash balance that can be withdrawn. The advantage of the second method is that it keeps the securities intact if you don’t want to sell them.
First method:
To liquidate an investing account at Wealthfront using the first option, you need to log into the same website or mobile app and find the “Transfer money” link. On the website, it’s at the top of the site, and on the mobile app, it will be found at the bottom.
On the withdrawal page, select the link to withdraw (simple enough). You’ll get a pop-up window with a link to withdraw funds. Here, specify that you want to withdraw the entire account balance. This will notify Wealthfront to sell all securities. Once the sales have been completed, Wealthfront will transfer the entire cash balance via the ACH network to whatever bank account you have linked to your Wealthfront investing account. For some account types, the account will then close automatically; others may require a follow-up request after the balance reaches $0.
Second method:
The second method involves the ACATS network instead of the ACH network. It can be used for either a taxable account or an IRA. An ACATS transfer will send both cash and securities to a second investment firm. When that firm receives the assets, Wealthfront will automatically close the account at Wealthfront.
It’s pretty easy to perform an ACATS transfer. Simply open a new account with the second investment firm and request an ACATS transfer from Wealthfront. Most firms have online transfer tools that make the process trouble-free.
Best Free Alternatives
Read detailed Robinhood vs Charles Schwab comparison.
Remember the Tax Man
If you sell securities in a taxable account or withdraw cash from a tax-advantaged account, Uncle Sam may want a piece of the pie. Be sure to consult with a tax pro before taking either step.
Fee to Delete a Wealthfront Account
There is no fee at Wealthfront to close or transfer any account.
Updated on 3/25/2026.
Chad Morris has been analyzing investment firms for Brokerage-Review.com since 2015. Backed by FINRA Series 65, 66, and SIE credentials, his work reflects a deep knowledge of the retail brokerage industry and digital trading tools.
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