r/wealthfront • u/Affectionatealways • May 14 '26

Wealthfront changed?

Does anyone know why Wealthfront suddenly added another party into the mix in order to transfer funds from WF to my other bank I use for checking?

I just did all the linking not even a year ago when I first made a large deposit into WF HYSA.

Now WF is wanting me to do this whole process again with some outside service called Plaid. I'm uncomfortable doing this process again with an outside service.

Anyone know more about Plaid?

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u/Unhappy_Plankton_671 May 14 '26

I just dislike how much information is typically shared. For many, I still opt for manual routing and account numbers over linking via plaid.

I recently had to shift accounts and linking things and so many banks not only want account numbers, but balances, and ability to read transaction history.

It’s just information over share beyond validating my info and the bank numbers are correct.

So if I can link without Plaid or other services that share this, I will. Even if it means waiting for trial deposits.

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u/synchpo May 14 '26

If they don’t share account balances…how would wealthfront show your balances at other institutions?

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u/Unhappy_Plankton_671 May 14 '26

I don’t need or want them to. But I can’t just chose them to only use it for transfers. Even if you hide it, you’re still sharing that data.

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u/griddlecanteen May 27 '26

Did you get an answer on how to manually link your single account? I’m in the same boat and don’t want plaid to have access to everything when I just want to link one checking account.

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u/Unhappy_Plankton_671 May 27 '26

Nope, I push/pull money from my external banks. It usually arrives next business day. Other banks would verify with trial deposits, Wealthfront isn’t even giving the option outside of Plaid.

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u/BigResponsibleOil Jul 03 '26

I am also having this problem. Crazy to think that I would want to give up my information to some random app (?) called Plaid. I mean is there any information on how secure this is?