Participant Investment Subsidy Program Terms and Conditions
If you are selected to participate in the research program focused on investing administered through Commonwealth and Stash (the “Pilot”) and have a Personal Portfolio (as defined below) in accordance with the eligibility requirements set forth below, we will make a one-time deposit of funds into the cash balance of your Personal Portfolio. This participant investment subsidy is subject to the terms and conditions stated herein (“Program Terms”).
To be eligible to participate in this Program and receive the Investment Subsidy (as defined below), you must be selected to participate in the Pilot and have an individual taxable brokerage account advised by Stash Investments LLC in good standing (a “Personal Portfolio”). If you satisfy the conditions stated herein, Stash will make a one-time deposit of funds into the cash balance of your Personal Portfolio in an amount equal to $150.00 (“Subsidy Funds”).
The Subsidy Funds deposited by Stash is a fixed cash value and does not constitute stock or any other security, nor is it a recommendation to buy any specific stock or other security. Your Personal Portfolio must remain in good standing in order to receive the Subsidy Funds under this Program. Stash reserves the right to determine in our sole discretion whether an account is closed and/or in good standing. An account in good standing for purposes of this Program is an account for which all required opening documentation has been completed and verified, and is not locked, or restricted, or otherwise flagged in any way. If your Personal Portfolio is closed or not in good standing for any reason at any time, your Subsidy Funds may be forfeited.
Stash Investments LLC is an SEC registered investment adviser. You may view our Wrap Fee Brochure and our Advisory Agreements at https://www.stash.com/disclosurelibrary. You remain responsible for ancillary fees that are not included in the monthly Wrap Fee. A list of such ancillary fees is included in your Advisory Agreement. Stash is not responsible for any failure on your part to meet standards for qualifying for this Program. Stash reserves the right to amend or cancel this Program and/or these Program Terms at any time. Program available to U.S residents only. You are responsible for any federal or state taxes resulting from receipt of the Subsidy Funds hereunder and should consult your tax advisor if you have questions about the tax treatment of such Subsidy Funds.
If, for any reason, this Program is not capable of running as planned, whether due to infection by computer virus, bugs, tampering, unauthorized intervention, fraud, technical failures, or any other causes beyond the control of Stash which corrupts or affects the administration, security, fairness, integrity, or proper conduct of this Program, Stash reserves the right in its sole discretion, to disqualify any individual who tampers with this Program, and to cancel, terminate, modify or suspend this Program. Stash assumes no responsibility for any error, omission, interruption, deletion, defect, delay in operation or transmission, communications line failure, theft or destruction, or unauthorized access to, or alteration of, this Program.