Wealthfront Reports September 2026 Monthly Metrics

September net deposits were $532 million, compared with $605 million in August and $513 million a year earlier.

Rhea-AI Summary

Wealthfront (WLTH) reported September 2026 monthly metrics, with total platform assets of $100,466 million at the end of the month. Assets declined 0.4% month over month and rose 9.2% year over year. Cash management assets were $45,279 million, up 0.4% monthly but down 4.4% annually. Investment advisory assets were $55,188 million, down 1.1% monthly and up 23.6% annually.

Net deposits totaled $532 million, comprising $194 million in cash management and $338 million in investment advisory. Funded clients reached 1,536 thousand, up 1.0% monthly and 12.6% annually. Wealthfront said asset-weighted cross-product adoption increased monthly to just under 64%. Its annualized cash management fee rate was roughly 55 basis points at September-end. The company expects roughly $1.2 million in one-time employer tax expenses in F3Q27 related to former employees exercising options. The monthly data are unaudited and preliminary.

7 points · 0 major

PositiveiHow this balance works

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

How the balance worksHow Sentiment works

0 major · 4 points

Hollow bars mark forward-looking points. How the balance works

Positive

• Moderate pointTotal platform assets of $100,466 million rose 9.2% annually but declined 0.4% monthly in September.
• Moderate pointInvestment advisory assets of $55,188 million rose 23.6% annually but declined 1.1% monthly in September.
• Moderate pointFunded clients reached 1,536 thousand, up 1.0% monthly and 12.6% annually in September.
• Moderate pointCash management net deposits were $194 million in September, versus $228 million in August and $138 million a year earlier.
• Moderate pointInvestment advisory net deposits were $338 million in September, versus $378 million in August and $375 million a year earlier.
• Moderate pointAsset-weighted cross-product adoption increased month over month to just under 64%, which Wealthfront attributed partly to client incentives.
• Minor pointCash net deposits stayed positive for a third consecutive month in September.

Negative

• Moderate pointCash management assets of $45,279 million declined 4.4% annually despite rising 0.4% monthly in September.
• Minor point. Forward-looking: it has not happened yet and may not happen.Roughly $1.2 million in one-time employer tax expenses are expected in F3Q27 from former employees exercising options.
• Minor pointQuarterly client cash tax payments partially offset September cash net deposits, Wealthfront said.
• Minor pointMonthly metrics are unaudited and preliminary, subject to financial closing adjustments that may materially affect reported figures.

Key Figures

Total platform assets: $100.5B Total net deposits: $532M Cash management net deposits: $194M +5 more

Total platform assets

$100.5B

September 2026; up 9% year over year

Total net deposits

$532M

September 2026

Cash management net deposits

$194M

September 2026

Investment advisory net deposits

$338M

September 2026

Funded clients

1.54 million

September 2026; up 13% year over year

Cash management assets

$45.3B

September 2026; down 4% year over year

Investment advisory assets

$55.2B

September 2026; up 24% year over year

One-time employer tax expenses

$1.2 million

Expected in F3Q27; included in GAAP and adjusted results

Key Terms

apy, basis point, gaap

3 terms

apy financial

"higher Cash Account APY"

APY, or Annual Percentage Yield, shows how much money an investment or savings account can earn in a year, taking into account both the interest rate and how often that interest is added. Think of it like a snowball growing as it rolls downhill: the more frequently the snowball gains new snow, the faster it gets bigger. For investors, APY helps compare different options to see which one offers the best return over time.

View in glossary

basis point financial

"the 25 basis point Fed rate hike"

A basis point is a unit equal to one one‑hundredth of a percent (0.01%), used to describe very small changes in interest rates, bond yields, fees or other percentage figures. Think of it like a single dollar change on $10,000: tiny by itself but meaningful when applied to large sums or repeated over time, so investors use basis points to track and compare small but financially significant moves precisely.

View in glossary

gaap financial

"included in both GAAP and adjusted F3Q27 results"

GAAP, or Generally Accepted Accounting Principles, are a set of standardized rules and guidelines that companies follow when preparing their financial statements. They ensure consistency, transparency, and comparability across different companies, making it easier for investors to understand and compare financial information accurately. This helps investors make informed decisions based on trustworthy and uniform financial reports.

View in glossary

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

PALO ALTO, Calif., Oct. 06, 2026 (GLOBE NEWSWIRE) -- Wealthfront Corporation (Nasdaq: WLTH) today reported select monthly metrics for September 2026.

“We drove strong Net Deposits across the platform in September, reflecting the strength of our best-in-class products that give clients smart, reliable ways to build wealth across various macroeconomic environments,” said CEO David Fortunato. “September marked our third consecutive month of positive Cash Net Deposits. In the second half of the month, Cash Net Deposits benefited from a higher Cash Account APY after we immediately passed along the 25 basis point Fed rate hike, which was partially offset by clients making quarterly cash tax payments during the month. We remain focused on driving cross-product adoption in transition environments like we are in today, including by building on our proven success with client incentives that helped lift asset-weighted cross-product adoption month-over-month to just under 64% at the end of September.”

• Total Platform Assets at the end of September 2026 were $100.5 billion, relatively flat since the end of August 2026 and an increase of 9% year-over-year.
  • Cash Management Assets at the end of September 2026 were $45.3 billion, relatively flat since the end of August 2026 and a decrease of 4% year-over-year.
  • Investment Advisory Assets at the end of September 2026 were $55.2 billion, a decrease of 1% from the end of August 2026 and an increase of 24% year-over-year.
• Total Net Deposits in September 2026 were $532 million. This consisted of Cash Management Net Deposits of $194 million and Investment Advisory Net Deposits of $338 million.
• Funded Clients at the end of September 2026 were 1.54 million, an increase of 1% from the end of August 2026 and 13% year-over-year.

	Sep-26	Aug-26	Sep-25		MoM	YoY
Total Platform Assets (in $ M)	$100,466	$100,899	$92,025		(0.4%)	9.2%
Cash Management Assets	$45,279	$45,085	$47,381		0.4%	(4.4%)
Investment Advisory Assets	$55,188	$55,814	$44,644		(1.1%)	23.6%
Total Net Deposits (in $ M)	$532	$605	$513		NM	NM
Cash Management Net Deposits	$194	$228	$138		NM	NM
Investment Advisory Net Deposits	$338	$378	$375		NM	NM
Funded Clients (in K)	1,536	1,521	1,364		1.0%	12.6%

Note: Subtotals may not add up to totals due to rounding.

Additional Commentary:

• September 2026-end Annualized Cash Management Fee Rate: As of the end of September 2026, our annualized cash management fee rate was roughly 55 basis points.
• Expected F3Q27 Employer Tax Expenses Tied to Options Exercises by Former Employees: As noted during the F2Q27 earnings call, F3Q27 results will include one-time employer tax expenses tied to options exercises by former employees ahead of a September exercise deadline. We now expect to incur roughly $1.2 million in one-time employer tax expenses tied to options exercises by former employees in F3Q27, predominantly within product development expenses. Note, while these expenses are tied to a one-time event, these expenses will be included in both GAAP and adjusted F3Q27 results.
  
  

Disclosures

For definitions and additional information regarding these metrics, please refer to Wealthfront’s full monthly metrics release, which is available at ir.wealthfront.com.

This monthly metrics report provides certain limited purpose monthly performance results of Wealthfront Corporation and its consolidated subsidiaries (“we,” “Wealthfront” or the “Company”). This information is presented without commentary and should be read in conjunction with our most recent quarterly and annual results and our filings with the U.S. Securities and Exchange Commission (the “SEC”), which are available under the “Financial Information” tab of our Investor Relations website at ir.wealthfront.com.

The information provided is unaudited and the information for the months in the most recent fiscal quarter is preliminary, based on our estimates and subject to completion of our financial closing procedures. During the course of the financial close process, the Company may identify items that would require it to make adjustments, which may have a material impact to the information presented in this monthly metrics report, and final results for the fiscal quarter, as reported in our quarterly and annual filings with the SEC, may vary from the information provided herein. Past performance is not necessarily indicative of future results, and due to the limited nature of this data, a consistent correlation to earnings should not be assumed.

We intend to make these monthly metrics reports available on a regular basis on our Investor Relations website. We expect monthly metrics reports regarding each of the first two months of each fiscal quarter to be available towards the beginning of the following month. We expect the monthly metric report for the third month of each fiscal quarter to be made available alongside our quarterly earnings announced for that completed quarter.

In addition to filings we make with the SEC, we use our Investor Relations website (ir.wealthfront.com), our X account (@Wealthfront), and our LinkedIn page (linkedin.com/company/wealthfront) as means of disclosing material non-public information and for complying with our disclosure obligations under Regulation FD.

About Wealthfront
Wealthfront is a tech-driven financial platform helping digital natives turn their savings into wealth. Since pioneering the automated investing category in 2011, the company has grown into a leading consumer fintech that helps clients achieve their financial goals with innovative saving, investing, borrowing, and lending products. Wealthfront’s expanding suite of high-quality, low-cost offerings helps digital natives earn more on their savings, borrow at lower rates, and keep more of their returns. To learn more and get started, visit www.wealthfront.com or download the Wealthfront app.

Contacts

Investor Relations: ir@wealthfront.com

Media: press@wealthfront.com

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that involve substantial risks and uncertainties. All statements contained in this press release other than statements of historical fact, including statements regarding Wealthfront’s future operating results and financial condition, its business strategy and plans, market growth, and its objectives for future operations, are forward-looking statements. The words “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “target,” “plan,” “expect,” and similar expressions are intended to identify forward-looking statements.

These forward-looking statements are made as of the date they were first issued and are based on information available to Wealthfront together with Wealthfront’s expectations, estimates, forecasts, projections, beliefs, and assumptions as of such date. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond Wealthfront’s control. Wealthfront’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors. Further information on potential risks that could affect actual results is included in Wealthfront’s most recent filings with the Securities and Exchange Commission (the “SEC”), including in our Annual Report on Form 10-K for the fiscal year ended January 31, 2026 filed with the SEC on April 24, 2026 and our most recent Quarterly Report on Form 10-Q, copies of which may be obtained by visiting Wealthfront’s Investor Relations website at https://ir.wealthfront.com or the SEC's website at https://www.sec.gov. Past performance is not necessarily indicative of future results. Wealthfront undertakes no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Forward-looking statements should not be relied upon as representing Wealthfront’s views as of any date subsequent to the date of this press release.

---

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much did Wealthfront receive in net deposits in September 2026?

Wealthfront received $532 million in total net deposits in September 2026. Cash management contributed $194 million, and investment advisory contributed $338 million.

How will Wealthfront's F3Q27 options-related employer tax expenses affect reported results?

The expected roughly $1.2 million in one-time employer tax expenses will be included in both GAAP and adjusted F3Q27 results, predominantly within product development expenses. The expenses relate to former employees exercising options ahead of a September exercise deadline.

Why did Wealthfront's cash net deposits benefit from a higher account yield in September 2026?

Wealthfront said cash net deposits benefited in the second half of September from a higher Cash Account annual percentage yield after it immediately passed along the 25 basis point Federal Reserve rate hike.