Company: WLTH
Filing Date: 2025-12-02
Form Type: S-1/A
Source: 0001628280-25-054592
Chunk: 176

Company: WEALTHFRONT CORP
Filing Date: 2025-12-02
Form: S-1/A
Chunk 176
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 % |     |      |                     108.7 |   |     |      |  133.1 |   |     |        |   24.4 |   |     |          | 22 | % |
| Annualized cash management fee rate(2)                              |     |      |                        0.64 | % |     |      |   0.60 | % |     |        | -0.03 | % |     |          | -5 | % |     |      |                      0.65 | % |     |      |   0.60 | % |     |        |  -0.04 | % |     |          | -7 | % |

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

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

Cash management revenue increased by $10.5 million, or 18%, and $24.4 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 cash management revenue was primarily attributable to a 25% and 32% increase, year over year, in the average balance of cash management assets for the three and six months ended July 31, 2025, respectively, compared to the same periods in the prior year. The annualized cash management fee rate declined by 5% and 7% for the three and six months ended July 31, 2025, respectively, compared to the same periods in the prior year.

Investment Advisory 23

| (in millions, except annualized rate and percentages)                   |     | 2024 | Three Months Ended July 31, |        |     | 2025 |         |   |     | Change |        |   |     | % Change |    |   |     | 2024 | Six Months Ended July 31, |   |     | 2025 |        |   |     | Change |        |   |     | % Change |    |   |
|:------------------------------------------------------------------------|:----|:-----|----------------------------:|-------:|:----|:-----|--------:|:--|:----|:-------|-------:|:--|:----|:---------|---:|:--