Is WealthStep secure?

By
7 years ago

WealthStep uses data security technology to protect your information. WealthStep’s advice tools gather limited and basic information from you to be able to provide calculations and/or advice, but intentionally gathering minimal personally identifiable information from you that could be used by identify thieves to cause harm. Additionally, WealthStep’s advice tools do not gather or store your personal financial account information, and do not allow for any sort of direct money access or asset transfers (those procedures are processed by the retirement plan recordkeeper for WealthStep 401k users or independent custodian bank for WealthStep Direct accounts, the latter of which currently use Charles Schwab for WealthStep Direct accounts, and all of which also have advanced security measures in place). For WealthStep Direct clients, WealthStep separately provides an optional account view app and website, for account/investment detailed viewing, as well as account aggregation options, and data security information is detailed within those sites separately.

Additional information about WealthStep’s security infrastructure is available here:

Security Environment

Firewall, Malware Scan, and Login Security

This article is for informational and educational purposes. Any hyperlinks to third party websites are not endorsements and outside content is believed to be reliable but has not been independently verified. Consult an objective financial advisor for guidance as appropriate.