Automated Bond Ladder
Provider 
Founded 2008
Sells To Individuals
Pricing Model Management Fees
Ownership Public

Wealthfront's automated account that builds and maintains a ladder of maturing US Treasuries.
The Automated Bond Ladder is a Wealthfront account that builds a bond ladder composed entirely of United States Treasuries, using a mix of bills and notes. Ladders are constructed with monthly rungs, and Wealthfront compares hundreds of Treasuries to prioritize high coupon payments and liquidity, then handles the buying and reinvesting while the client chooses only the ladder length.
Deposits are spread evenly across the rungs, and matured principal and interest are automatically reinvested to extend the ladder by one rung each month. Investors can instead choose automatic monthly withdrawals of interest and principal, set a target withdrawal date, or keep reinvesting, and the account closes automatically once every bond has matured.
Fidelity Investments

Bond Ladder Tool
fidelity.com
Charles Schwab

CD & Treasury Ladder Builder
schwab.com
Public

Treasury Account
public.com
| Attribute | Automated Bond Ladder | Bond Ladder Tool | CD & Treasury Ladder Builder | Treasury Account | |
|---|---|---|---|---|---|
| Provider | |||||
| Founded | 2008 | 1946 | 1971 | 2019 | |
| Sells To | Individuals | Employers, Institutional, Retail | — | Retail | |
| Pricing Model | Management Fees | Advisory Fees, Brokerage Fees, Management Fees | — | Fees | |
| Ownership | Public | Private | — | Private |
Provider 
Founded 2008
Sells To Individuals
Pricing Model Management Fees
Ownership Public
Provider 
Founded 1946
Sells To Employers, Institutional, Retail
Pricing Model Advisory Fees, Brokerage Fees, Management Fees
Ownership Private
Provider 
Founded 1971
Sells To —
Pricing Model —
Ownership —
Provider 
Founded 2019
Sells To Retail
Pricing Model Fees
Ownership Private