Re:UBS Acquires Wealthfront for $1.4B
by chris47493 on Wednesday January 26, 2022 @08:13PM
(#30094699)
Their margin loan feature isn't much faster in my experience. ~2 days to open the initial request, 2 days to transfer via ACH, couple more to clear. I don't remember if there was a wire transfer option or not. Overall I still appreciate how easy it was to use
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Re:UBS Acquires Wealthfront for $1.4B
by erik_seaberg on Thursday January 27, 2022 @12:04AM
(#30096434)
The Wealthfront happy paths seem to be ACATS transfers of brokerage holdings, or $250k (per day) ACH to/from a bank. They don’t have wire transfers. They can mail checks drawn on a Green Dot cash account but only up to $25k, which probably means they don’t have cashier’s checks.
https://support.wealthfront.com/hc/en-us/articles/3600392637...