Wealthfront allows clients to adjust risk tolerance only once a month

In order to prevent its clients from succumbing too much to the Myopic Loss Aversion phenomenon, Wealthfront prevents them from adjusting their risk tolerance more than once a month:

We go to great lengths in our communication and our information design to portray things in their most appropriate light and to limit self-destructive behavior. For example, we only allow people to adjust their risk tolerance once per month. But in the end, it’s your money, so we design the tools and apps that you demand. Source: How Often Should You Check Your Portfolio? on Wealthfront