Stash Smart Portfolio Reward Promotion
Terms and Conditions
When you meet the eligibility requirements set forth below and complete the designated registration process of opening a Smart Portfolio (as defined below), you will be eligible to receive a one-time Smart Mix Reward (as defined below) into the balance of your Smart Portfolio, as further described below. This Promotion is subject to the terms and conditions stated herein (the “Promotion Terms”).
To be eligible for this Promotion and receive a Smart Mix Reward (as defined below), you must satisfy the following conditions: (i) receive an offer message to participate in this Promotion during your designated registration process with Stash; (ii) select to purchase the Stash Fee (as defined in your Advisory Agreement) attributable to the Stash Growth platform tier or the Stash+ platform tier; (iii) complete the designated registration process of opening an individual taxable brokerage account advised by Stash Investments LLC that is in good standing (a “Personal Portfolio); and (iv) complete the designated registration process of opening a Smart Portfolio, which a discretionary account managed by Stash Investments LLC (a “Smart Portfolio). For the avoidance of doubt, in the event you only complete the designated registration process to receive the Financial Counseling Service (as defined in your Advisory Agreement) from Stash, or you otherwise do not complete the designated registration process required for opening both a Personal Portfolio and Smart Portfolio during your designated registration process with Stash, you will not be eligible to receive a Smart Mix Reward under this Promotion. Upon completing the designated registration process of opening a Smart Portfolio, Stash will assign you with a target asset allocation for your Smart Portfolio (your “Smart Mix”).
If you satisfy all of the conditions stated in the previous paragraph, Stash will credit your Smart Portfolio in an amount equal to the amount specified in your offer message to participate in this Promotion and corresponding to your “Smart Mix” (a “Smart Mix Reward”). Stash may rescind any offer to receive a Smart Mix Reward hereunder in its sole discretion prior to acceptance by you without notice to you. You may not substitute your Smart Mix Reward for cash. For more information on your Smart Portfolio, please refer to your Advisory Agreement.
You are only eligible to receive one (1) Smart Mix Reward under this Promotion. Further and for the avoidance of doubt, tax-advantaged accounts (including Stash Retire and Stash Custodial accounts) are not eligible for this Promotion. Each Smart Mix Reward shall be limited to a maximum cash value equal to the amount specified in your offer message to participate in this Promotion. The cash value of your Smart Mix Reward (as described below) must remain in your Smart Portfolio for ninety (90) calendar days beginning from the date the cash is deposited into your Smart Portfolio and for the entirety of the 90-day period.
Both your Personal Portfolio and Smart Portfolio must be in good standing in order to participate in this Promotion and to receive the one-time Smart Mix Reward hereunder. Stash reserves the right to determine in its sole discretion whether an account is closed and/or in good standing. An account in good standing for purposes of this Promotion 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 either your Personal Portfolio or Smart Portfolio is closed or not in good standing for any reason at any time, your eligibility to participate in this Promotion and any Smart Mix Reward you receive may be forfeited by Stash in its sole discretion.
Crediting Your Smart Mix Reward
By accepting an offer to earn a Smart Mix Reward, you are making a decision to invest in the specific Smart Mix assigned to you by Stash and you agree that it is your responsibility to review and carefully consider the underlying target investments included in your Smart Mix, including the information available to you through the Stash mobile applications and website (collectively, the “Stash Platform”) about such underlying investments, before choosing to accept a Smart Mix Reward hereunder. Neither this Promotion itself, nor the investments available to be earned through it, is a recommendation to buy any such specific investment. The value of any Smart Mix Reward you receive may fluctuate over time due to a variety of factors. Please refer to the Stash Platform for a list of all investments that are available for purchase, including the investments included in your Smart Mix. Stash reserves the right to change the list of investments available on the Stash Platform and/or the list of investments comprising your Smart Mix at any time and from time to time.
By accepting a Smart Mix Reward hereunder, you are agreeing to initiate a “buy” order in your Smart Portfolio for such underlying investments included in your Smart Mix in accordance with both the amount of your Smart Mix Reward and the asset allocations attributable to your Smart Mix. To deliver a Smart Mix Reward to your Smart Portfolio, Stash Investments LLC will deposit the monetary amount of your Smart Mix Reward into your Smart Portfolio and automatically initiate a “buy” order for the underlying investments included in your Smart Mix in accordance with both the amount of your Smart Mix Reward and the asset allocations attributable to your Smart Mix. By accepting an offer to earn a Smart Mix Reward, you are authorizing Stash Investments LLC to direct, and Stash Capital LLC to execute, any orders to buy the specific investments offered to you consistent with your Smart Mix Reward. A Smart Mix Reward may take up to five (5) business days to be reflected in your Smart Portfolio. For the avoidance of doubt, you have the ability to decline the offer to earn any Smart Mix Reward, and the ability to sell any Smart Mix Reward earned under this Promotion after you receive it in your Smart Portfolio.
By participating in this Promotion, you grant Stash Investments LLC the limited discretionary authority required to complete the securities transactions necessary to fulfill the Smart Mix Reward. Specifically, Stash Investments LLC will have discretion over the cash credited to your Smart Portfolio pursuant to these Promotion Terms only to the limited extent necessary to fulfill your Smart Mix Reward. This discretionary authority is in addition to the limited discretionary authority you have already granted to Stash Investments LLC pursuant to your Advisory Agreement, as amended, that you agreed to when you opened your Smart Portfolio. Accordingly, your acceptance of these Promotion Terms and participation in this Promotion expressly amends and modifies your Advisory Agreement as of the date you initially accept these terms, and you are hereby notified of such amendment and modification by these terms.
Investing Involves Risk. Information shown is strictly for illustrative and educational purposes only and should not be considered a solicitation to buy, an offer to sell, or a recommendation for any security in any jurisdiction where such an offer, solicitation or recommendation would be unlawful or unauthorized. Any preliminary information provided to prospective clients prior to Stash Investments LLC accepting a signed Advisory Agreement does not constitute investment advice and should not be relied on as such. Investment products and services provided by Stash Investments LLC and are Not FDIC Insured, Not Bank Guaranteed, and May Lose Value.
These Promotion Terms are for informational purposes only, and you should not construe any such information or related materials, or the Smart Mix Reward or this Promotion itself, as legal, tax, investment, financial, or other advice. All content associated with this Promotion is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this Promotion constitutes investment advice, nor does any information in this Promotion constitute a comprehensive and complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information displayed through this Promotion before making any decisions based on such information. In exchange for participating in this Promotion, you agree not to hold Stash, or any third party service provider liable for any possible claim for damages arising from any decision you make based on information made available to you through this Promotion.
If, for any reason, this Promotion 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 Promotion, Stash reserves the right in its sole discretion, to disqualify any individual who tampers with this Promotion, and to cancel, terminate, modify or suspend this Promotion. In the event of termination, Stash may in its sole discretion award a Smart Mix Reward to those who have satisfied the eligibility criteria set forth herein up until the time of termination. 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 Promotion. Stash is not responsible for any problems or technical malfunction of any telephone network or lines, computer online systems, servers, or providers, computer equipment, software, failure of any e-mail or entry to be received by Stash on account of technical problems, human error or traffic congestion on the Internet or at any web site, or any combination thereof, including any injury or damage to any person’s computer related to or resulting from participation in this Promotion.