[bt3]

My first experience with Wealthfront was an IRA. After a short period (<year), I realized it was rather simplistic to take a predictable regular deposit and split it across a few ETFs to stay on track for their recommended portfolio. I ended up opening a taxable account to take advantage of tax-loss harvesting (materially more difficult to do myself). I'd be curious what proportion of their AUM sits under taxable vs retirement accounts.

Nonetheless (forgive the plug), I ended up building a simple app that would help me automate the thinking of balancing my portfolio. Here's an example using a Wealthfront-genereated portfolio (ETFs + targets): https://correctmyportfolio.com/scenario/share/YISu5jI3

Turns out figuring out where to optimize a portfolio to a target without selling, or other rules (like sell thresholds, cash buffers, etc.) is a bit more complicated than Excel would allow.