Company: WLTH
Filing Date: 2025-12-02
Form Type: S-1/A
Source: 0001628280-25-054592
Chunk: 34

Company: WEALTHFRONT CORP
Filing Date: 2025-12-02
Form: S-1/A
Chunk 34
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|                              |     | Actual             |                  |     | Low (estimated) |                  |     | High (estimated) |        |
| Platform assets ($ millions) |     | $                  |           76,496 |     | $               |           91,000 |     | $                | 94,700 |
| Cash management              |     |                    |           41,400 |     |                 |           46,100 |     |                  | 48,000 |
| Investment advisory          |     |                    |           35,096 |     |                 |           44,900 |     |                  | 46,700 |
| Net deposits ($ millions)    |     | $                  |            4,394 |     | $               |            1,500 |     | $                |  1,600 |

We expect to report platform assets of between $91.0 billion and $94.7 billion as of October 31, 2025, as compared to $76.5 billion as of October 31, 2024, representing an increase of 21% at the midpoint of this range. The expected increase in platform assets was primarily due to an increase in both cash management and investment advisory assets. We expect to report net deposits of between $1.5 billion and $1.6 billion during the three months ended October 31, 2025, as compared to $4.4 billion during the three months ended October 31, 2024, representing a decrease of 64% at the midpoint of this range. The expected decrease in net deposits was primarily due to a decrease in cash management net deposits. Investment advisory net deposits were relatively unchanged compared to the same period a year ago, primarily due to cash management clients' cross account transfers to existing investment advisory accounts as well as cash management clients' cross product adoption of new investment advisory accounts. We expect to report funded clients of 1.38 million as of October 31, 2025, as compared to 1.15 million as of October 31, 2024, representing an increase of 20%. The increase in funded clients was primarily due to an increase in new cash management clients. Revolving Credit Facility On October 14, 2025, we entered into an amended and restated credit agreement with Wells Fargo Bank, N.A., as administrative agent, Wells Fargo Securities, LLC, as sole lead arranger and sole