... and here is the legal information that you can walk through
=====================================
Through the Betterment (for the purposes of these Terms and Conditions, "Betterment" refers to Betterment LLC and Betterment Financial LLC collectively) Refer a Friend Program you can invite friends through the Betterment online interface to sign up for a Betterment LLC account or a checking account provided by nbkc bank and made available through Betterment Financial LLC (a "Checking Account").
Please send invites only to people you know personally who will be glad to get them. Betterment will send one invite and up to two reminders to each friend you invite: (1) in your name; and/or (2) with your name. The reminders may be different from the original invite and can be canceled by emailing support@betterment.com.
For each "Qualifying New Account" (as defined below) Betterment LLC will waive its investment management fees that would otherwise apply to up to $5,000 of your investment account balance for a period of 365 days. Betterment LLC will also waive its management fees that would otherwise apply to up to $5,000 of your Betterment referee friend's investment account balance (if any) for a period of 365 days, both such periods as determined by Betterment LLC. This fee waiver will only apply to investment accounts in the first Betterment legal account that you funded. This fee waiver will run concurrently with any other fee waivers you have received, or subsequently receive, from Betterment LLC, whether through the Refer a Friend program or from any other offers. The fee waiver only applies to Betterment LLC’s fees and does not apply to any fees charged by other entities, including Betterment LLC’s affiliates, on cash in Betterment Everyday™ Cash Reserve or Betterment Everyday™ Checking. For the avoidance of doubt, the fee waiver does not apply to any fees charged in connection with Advice Packages offered by Betterment LLC.
Once you have referred five Qualifying New Accounts (and received the associated fee waivers), you will no longer be eligible for future fee waivers. Even when you are not eligible to receive a fee waiver, you will be permitted to send invites to friends and they will be eligible to receive fee waivers through the Betterment Refer a Friend Program.
Subject to the limitations above, a "Qualifying New Account" is either (1) a new Betterment LLC account, or (2) a new Checking Account. To be a Qualifying New Account, the account must also be opened by your referee friend using the special designated link from your invitation and must be funded with an initial deposit within 45 days of your referee friend’s signup. There can only be a single Qualifying New Account per referred friend, and you cannot separately receive fee waivers for Betterment LLC accounts and Checking Accounts opened by the same individual. Betterment is not responsible for incorrect entry or other failure on the part of your referee to meet the standards of a Qualifying New Account.
TurboTax Premier Offer: For a Qualifying New Account that is funded between February 20th, 2020 and April 7th, 2020, you will also qualify for a TurboTax® service code that is redeemable by any individual for a one-time, full discount on TurboTax® Online Premier 2019 (approximate retail value $90) or TurboTax® Online Deluxe 2019 (approximate retail value $60). You are only eligible to receive a single TurboTax® service code, and the code will expire at 11:59PM, Pacific Standard Time, on October 15, 2020. Other TurboTax® offerings, including TurboTax® Live Premier and TurboTax® Premier CD/Download are not eligible for the service code. Betterment, may in its sole discretion, discontinue offering the TurboTax® service code at any time without notice, which will not impact the other terms set forth herein, including the availability of other benefits for referrals. Offer limited to active Betterment customers as of February 20, 2020.
Employer-sponsored retirement accounts provided through Betterment for Business are not Qualifying New Accounts. If you are a participant in your employer's retirement plan through Betterment for Business, and also have a personal Betterment LLC account, only your personal account will receive fee waivers under the Betterment Refer a Friend Program. Accounts advised through the Betterment for Advisors platform are also not Qualifying New Accounts or eligible for fee waivers through this program, and if you become advised through the Betterment for Advisors platform during a period in which Betterment LLC is waiving the fees applicable to your account under the Refer a Friend program, Betterment LLC will not waive any fees following such date. This promotion does not apply to any fees charged by an advisor you are matched with through the Betterment Advisor Network. Free time applies only to management fees charged by Betterment LLC for investment advisory services and does not include any fees and expenses charged to shareholders by the securities held in your Betterment LLC account.
This promotion is not valid with any other offers and is non-transferrable. Offer available to U.S. residents only. Betterment reserves the right to terminate this offer at any time for any reason, to limit the amount of fee waivers or other benefits you are eligible to receive, and to refuse or recover any promotion award if Betterment determines that it was obtained under wrongful or fraudulent circumstances, that inaccurate or incomplete information was provided in opening the account, that any rules or regulations would be violated, or that any terms of the Betterment Account Agreements or the Betterment Financial Terms and Conditions have been violated.
In referring friends to open a Betterment LLC account you are acting on behalf of Betterment LLC and under the supervision and control of Betterment LLC. You agree to limit the information you provide in connection with the referral to the prewritten email or the referral link provided by Betterment and further agree that you will not provide individuals with recommendations regarding their specific needs or investment decisions. You agree that your participation in the Betterment Refer a Friend Program will conform to the terms contained herein as well as the provisions of the Investment Advisers Act of 1940, 15 U.S.C. 80b-1, the Employment Retirement Income Security Act of 1974, 29 U.S.C. 18, and the rules thereunder. You hereby represent that: (1) you are not subject to any statutory disqualification set forth in Sections 203(e) and 203(f) of the Investment Advisers Act (or any amended or replacement regulatory provision(s)); (2) you are not currently the subject of any investigation or proceeding which could result in statutory disqualification; and (3) you do not have a "place of business" at which you regularly provide investment advisory services, solicit, meet with, or otherwise communicate with clients, or any other location that is held out to the general public as a location at which you provide investment advisory services, solicit, meet with, or otherwise communicate with clients in any U.S. state. If you cannot accurately make the preceding representations, you may not participate in the Refer a Friend Program. If you are currently participating in the Refer a Friend Program and the preceding representations become inaccurate, you agree to immediately inform Betterment at support@betterment.com.
