Is Wealthfront insured by FDIC, and are my investments fully protected in case of bankruptcy?

The FDIC (Federal Deposit Insurance Corporation) provides insurance coverage of up to $250,000 per qualified customer account per banking institution.

Wealthfront's FDIC insurance coverage exceeds the standard limit by using multiple program banks to provide insurance of up to $8 million for cash deposits, exceeding the standard $250,000 limit per account.

FDIC insurance is not provided until the funds reach the program banks, which can be multiple institutions.

Wealthfront uses more than one program bank to ensure FDIC coverage of up to $8 million for your cash deposits.

FDIC insurance coverage is limited to $250,000 per qualified customer account per banking institution.

Wealthfront's Cash Account is FDIC-insured, offering up to $8 million in coverage for individual accounts and $16 million for joint accounts.

The Wealthfront Cash Account is held in a sweep program that transfers funds to multiple banks, providing FDIC insurance coverage of up to $8 million.

The FDIC insures deposits in participating banks, and Wealthfront's program banks are protected by the FDIC.

Wealthfront's SIPC (Securities Investor Protection Corporation) insurance covers investments in your Wealthfront Investment Account.

SIPC insurance provides reimbursement for missing securities up to $500,000, including a $250,000 limit for cash.

The SIPC insurance coverage is provided by the Securities Investor Protection Corporation (SIPC).

Wealthfront's Cash Account offers a competitive APY (Annual Percentage Yield) of up to 5.00% APY, which is higher than the national average.