Company: WLTH
Filing Date: 2025-12-12
Form Type: 424B4
Source: 0001628280-25-056780
Chunk: 173

Company: WEALTHFRONT CORP
Filing Date: 2025-12-12
Form: 424B4
Chunk 173
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33,275 |     |      |  41,596 |   |     |        |  8,321 |   |     |          | 25 | % |     |      |                    33,275 |   |     |      | 41,596 |   |     |        |  8,321 |   |     |          | 25 | % |
| Average(1)                                                              |     |      |                      31,574 |        |     |      |  39,341 |   |     |        |  7,767 |   |     |          | 25 | % |     |      |                    30,758 |   |     |      | 39,680 |   |     |        |  8,923 |   |     |          | 29 | % |
| Investment advisory revenue                                             |     |      |                        17.9 |        |     |      |    22.0 |   |     |        |    4.2 |   |     |          | 23 | % |     |      |                      34.3 |   |     |      |   41.9 |   |     |        |    7.6 |   |     |          | 22 | % |
| Annualized investment advisory fee rate(2)                              |     |      |                        0.22 |      % |     |      |    0.22 | % |     |        |      — | % |     |          | -1 | % |     |      |                      0.22 | % |     |      |   0.21 | % |     |        |  -0.01 | % |     |          | -5 | % |

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(1) Average balance rows represent the simple average of the beginning of period and end of period balances.

(2) Annualized investment advisory fee rate is calculated by annualizing revenue for the given period and dividing by the applicable average asset balance.

Investment advisory revenue increased by $4.2 million, or 23%, and $7.6 million, or 22%, for the three and six months ended July 31, 2025, respectively, compared to the same periods in the prior year. The increase in investment advisory revenue was primarily driven by a 25% and 29% increase in the average balance of investment advisory assets for the three and six months ended