Company: WLTH
Filing Date: 2025-08-22
Form Type: DRS/A
Source: 0001628279-25-000564
Chunk: 142

Company: WEALTHFRONT CORP
Filing Date: 2025-08-22
Form: DRS/A
Chunk 142
---
 from program banks are also variable, typically agreed for a fixed period of time, and may be renegotiated from time to time, periodically as stipulated within the applicable agreement. We do not retain any portion of the interest provided on our clients’ cash. By passing along the majority of the wholesale rates paid by program banks, we have been able to offer our clients a predictable and more attractive rate. 15 While our cash sweep program processes client money movements daily (or the next day if a request is submitted during non-business hours), instant withdrawals and debit card spending are available 24/7.

In addition to a high interest rate, our clients have access to typical checking features including debit card, early direct deposit, bill pay, and mobile check services, which we enable through our bank partner and program banks. Unlike most financial institutions and FinTechs that charge their clients fees or subscriptions for high APY savings and checking accounts, our cash management account provides clients with a transparent, no cost experience that combines the typical features of a checking and savings account (e.g., debit card, early direct deposit, bill pay and mobile check deposit services).

14 Wealthfront is not a bank, and we do not provide banking services or products directly to our clients. Clients are notified, via our website (including our Wealthfront Cash Account product page and Help Center), disclaimers included in certain advertising materials, legal disclosures provided on client account pages, and Wealthfront Advisers LLC’s Form ADV Part 2A Client Brochure, that Wealthfront does not provide direct banking services and such services are provided through third-party banking partners. Clients are able to view the names of our specific banking partners and the services which they provide on our website and certain disclosures.

15 Based on our APY for cash management products relative to the effective federal funds rate from January 1, 2022 to July 18, 2025.

<div align='center'>104</div>

Our fee structure reflects our belief that clients should keep more of their money working for them—not lost to hidden or transactional charges. Our ability to offer competitive rates while maintaining strong unit economics creates a differentiated and scalable model for attracting cash account deposits. Although our agreements with our clients do not specify the portions of cash sweep interest retained by us or passed along to our clients, we communicate any changes to the APY clients receive on their cash assets quickly and transparently via email. Furthermore, digital natives are just beginning their wealth accumulation journey and prioritizing saving for upcoming life events (e.g.,