Terms of Service

Agreement Effective Date: April 6, 2021

1. Introduction

Welcome to wealthX!

We hope you'll enjoy our website (https://wealthx.ai) and stock analysis platform which includes our web application (https://app.wealthx.ai) that delivers portfolio analysis tools, newsletter a.k.a "daily stock picks", stock valuations and portfolio analysis email reports (collectively, the "Services"). But first things first: By using the Services, you're agreeing to be bound by these Terms of Service (“Terms of Service” or “Terms”) INCLUDING THE BINDING ARBITRATION AND CLASS ACTION WAIVER DETAILED IN SECTION 10. These Terms govern your use and access to the website and all our Services. We may change these terms at any time, but we will make a notice via email of any material changes. Your continued use of wealthX and its Services means that you accept any new or modified terms of service. So please check back here from time to time.

Our unique service is made possible by combining value investing methodologies with some of the Silicon Valley’s best technology talent.

Some Services are works in progress. We reserve the right to change or even eliminate them with no notice, at our sole discretion.

2. Account creation

2.1 Eligibility

wealthX is intended solely for individuals who are 18 or older. Any access to or use of wealthX by anyone under 18 is unauthorized, unlicensed, and in violation of these Terms of Service. By accessing or using wealthX, you represent and warrant that you are 18 or older.

2.2 Account Access

In order to access certain features of wealthX, you must register to create an account ("User Account"). When you register, you will be asked to choose a password, which you will be required to use to access your User Account. wealthX has physical, electronic and procedural safeguards that comply with federal standards to guard Users' non-public personal information (see Privacy Policy).

You are responsible for safeguarding your password and other User Account information. You agree not to disclose your password to any third party and you will notify wealthX immediately if your password is lost or stolen or if you suspect any unauthorized use of your User Account. As a User you agree that you shall be solely responsible for any activities or actions under your User Account, whether or not you have authorized such activities or actions.

You agree that the information you provide to us on account registration through our website or mobile applications will be true, accurate, current, and complete.

3. Premium Services

3.1. Free Services

Certain Services, including hold and sell ratings for portfolio analysis as well as portfolio tracking, are provided to Users without a charge.

3.2 Paid Services

Users may subscribe to our “Personal Investor” plan subscriptions as set forth on the Pricing page.

The plan includes monthly newsletter (“daily stock picks”), extended stock portfolio analysis (including stocks with “buy” rating), stock valuations and scheduled portfolio analysis reports.

(a) General conditions. When subscribing to a Service, you will need to provide us with your name, email address, and billing and shipping addresses, as well as your credit card information. You agree to pay the applicable subscription fee as set forth on this site. BY PLACING YOUR ORDER, YOU PROVIDE YOUR ELECTRONIC AUTHORIZATION FOR FUTURE CHARGES AGAINST YOUR CREDIT CARD ON FILE UNLESS YOU CANCEL.

You certify that all information you provide is accurate. You also agree to maintain and update your information as necessary so that it remains accurate and current. In the event that any information you provide is inaccurate or not up to date, wealthX reserves the right to cancel your subscription.

We reserve the right to refuse or discontinue the supply of a Service to any user at any time at our sole discretion.

Unless stated otherwise, membership to any Service is for online and/or electronic access only.

(b) Fees and Invoicing. Users will be responsible for paying all Subscription Tier fees (“Fee” or “Fees”).

If required under applicable law, Users may be asked to provide authentication for online payments; failure to provide such authentication may result in delinquent payments. All invoices are due upon issuance.

Monthly Subscriptions. wealthX issues electronic invoices on the day User subscribed to Services. Users will be invoiced for future Subscription Fee Periods on the same date as its initial sign-up for subsequent months, until User cancels its monthly subscription.
Automatic renewal. All Subscriptions automatically renew at the end of the Subscription Fee Period, at which time the User will be automatically invoiced for the upcoming Subscription Fee Period. If User wishes to discontinue using wealthX, User must cancel Subscription before the start of the upcoming Subscription Fee Period. Users may cancel Subscription in the App at https://app.wealthx.ai/billing. BY ALLOWING FOR YOUR RENEWAL, YOU PROVIDE YOUR ELECTRONIC AUTHORIZATION FOR FUTURE CHARGES AGAINST YOUR CREDIT CARD ON FILE OR APPLE PAY

wealthX reserves the right to increase a Service's fees or institute new charges upon reasonable notice.

Downgrades / Cancellations. Users may downgrade or cancel the Services at any time, but such changes will not take effect until the end of the current Subscription Fee Period.

(d) Taxes.

User is responsible for any Taxes, and the User will pay wealthX for the Services without any reduction for Taxes. If wealthX is obligated to collect or pay Taxes, the Taxes will be invoiced to User, unless User provides wealthX with a timely and valid tax exemption certificate authorized by the appropriate taxing authority. In some states, the sales tax is due on the total purchase price at the time of sale and must be invoiced and collected at the time of the sale. If a User is required by law to withhold any Taxes from its payments to wealthX, User must provide wealthX with an official tax receipt or other appropriate documentation to support such withholding. If under the applicable tax legislation the Services are subject to local VAT, and the User is required to make a withholding of local VAT from amounts payable to wealthX, the value of Services calculated in accordance with the above procedure will be increased (grossed up) by the User for the respective amount of local VAT and the grossed up amount will be regarded as a VAT inclusive price. Local VAT amount withheld from the VAT-inclusive price will be remitted to the applicable local tax entity by the User and User will ensure that wealthX will receives payment for its services for the net amount as would otherwise be due (the VAT inclusive price less the local VAT withheld and remitted to applicable tax authority).
If required under applicable law, User will provide wealthX with tax identification information that wealthX may require to ensure its compliance with applicable tax regulations and authorities in applicable jurisdictions. Users will be liable to pay (or reimburse wealthX for) any taxes, interest, penalties, or fines arising out of any misdeclaration by the User.

(e) Invoice Disputes & Refunds. Any invoice disputes must be submitted within 30 days after an invoice is issued. If the parties determine that certain billing inaccuracies are attributable to wealthX, wealthX will not issue a corrected invoice, but will instead issue a credit notice specifying the incorrect amount in the affected invoice. To the fullest extent permitted by law, User waives all claims relating to Fees unless claimed within 30 days after being charged (this does not affect any User rights with its credit card issuer). Refunds (if any) are at the discretion of wealthX and will only be in the form of credit for the Services. Nothing in this Agreement obligates wealthX to extend credit to any party.

(f) Delinquent Payments; Suspension. Users will be responsible for all reasonable expenses (including attorneys’ fees) incurred by wealthX in collecting delinquent amounts. If User is late on payment for the Services, wealthX may Suspend the Services or terminate the Agreement.

(g) No Purchase Order Number Required. For clarity, User is obligated to pay all applicable Fees without any requirement for wealthX to provide a purchase order number on wealthX’s invoice (or otherwise).

4. Intellectual Property

All of the Content on our websites and any Service we provide is protected by U.S. and international copyright laws and is the property of wealthX and/or providers of the content under license. By "Content" we mean any information, mode of expression, or other materials and services found on wealthX. This includes blogs, stock picks, ratings, software, our writings, graphics, videos, and any and all other features. You can find out more information on copyright law and the Internet at www.templetons.com/brad/copymyths.html.

You may make one copy of the Content for your personal, non-commercial use, provided that any material copied remains intact and includes the following notice: "Copyright 2021 [or whatever the current year is] wealthX. All rights reserved." Any other copying, distribution, storing, or transmission of any kind, or any commercial use of our Content, is prohibited without wealthX's prior written permission. That means you may not sell, auction, transfer or barter your subscription.

You also may not republish, post, transmit, or distribute the Content to online bulletin and message boards, blogs, chat rooms, intranets, or anywhere else without our consent. You further agree not to create abstracts from or scrape our Content. In short, you may not post our Content anywhere else online. Aside from opening yourself up to liability, distributing our premium Services, stock picks, and performance data to other sites and forums is unfair to our members who pay good money to receive our Content. So please don't do it.

5. "Dos" and "Don'ts"

wealthX grants you a license to use our website and mobile applications so long as you comply with all our rules.

5.1 Dos.

You agree you will:

Comply with all applicable laws, including, without limitation, privacy laws, intellectual property laws, anti-spam laws, export control laws, tax laws, and regulatory requirements;
Provide accurate information to us, whether reported directly or through a third party who you authorize, and keep it updated;
Use the services solely for your personal, non-commercial use;
Use your real name on your profile and keep your password confidential;
Use the Services in a professional manner

5.2 Don'ts.

You agree you won't:

Circumvent, disable, or otherwise interfere with security-related features of wealthX or features that prevent or restrict use or copying of any content or User information;
Upload, email, transmit, provide, or otherwise make available:
- any User information which you do not have the lawful right to use, copy, transmit, display, or make available (including any User information that would violate any confidentiality or fiduciary obligations that you might have with respect to the User information); or
- any User information that infringes the intellectual property rights of, or violates the privacy rights of, any third-party (including without limitation copyright, trademark, patent, trade secret, or other intellectual property right, moral right, or right of publicity); or
- unsolicited or unauthorized advertising, promotional materials, junk mail, spam, chain letters, pyramid schemes, or any other form of solicitation; or
- any personal information that is unlawful, obscene, harmful, threatening, harassing, defamatory, or hateful, or that contain objects or symbols of hate, invade the privacy of any third-party, contain nudity, are deceptive, threatening, abusive, inciting of unlawful action, or are otherwise objectionable in the sole discretion of wealthX; or
- any personal information that contains software viruses or any other computer code, files, or programs designed to (i) interrupt, destroy, or limit the functionality of any computer software; or (ii) interfere with the access of any user, host or network, including without limitation overloading, flooding, spamming, mail-bombing, or sending a virus to wealthX; or
- any personal information that includes code that is hidden or otherwise surreptitiously contained within the User information;
Use any meta tags or other hidden text or metadata utilizing a wealthX name, trademark, URL or product name;
Forge any TCP/IP packet header or any part of the header information in any posting, or in any way use wealthX to send altered, deceptive, or false source- identifying information;
Interfere with or disrupt (or attempt to interfere with or disrupt) any wealthX web page, server, or network, or the technical delivery systems of wealthX's providers, or disobey any requirements, procedures, policies, or regulations of networks connected to wealthX.
Attempt to probe, scan, or test the vulnerability of any wealthX system or network or breach or impair or circumvent any security or authentication measures protecting wealthX;
Attempt to decipher, decompile, disassemble, or reverse-engineer any of the software used to provide wealthX;
Attempt to access, search, or meta-search wealthX or content thereon with any engine, software, tool, agent, device, or mechanism other than software and/or search agents provided by wealthX or other generally available third- party web browsers, including without limitation any software that sends queries to wealthX to determine how a website or web page ranks;
Violate the terms of service or any other rule or agreement applicable to you or wealthX's inclusion in, reference to, or relationship with any third party or third-party site or service, or your use of any such third-party site or service;
Collect or store personal information about other users without their express permission;
Impersonate or misrepresent your affiliation with any person or entity, through pretexting or some other form of social engineering, or commit fraud;
Solicit any User for any investment or other commercial or promotional transaction;
Violate any applicable law, regulation, or ordinance;
Scrape or copy information through any means (including crawlers, browser plugins and add-ons, and any other technology or manual work);
Use, launch, or permit to be used any automated system, including without limitation "robots," "crawlers," or "spiders"; or
Copy or use the information, content or data on wealthX in connection with a competitive service (as determined by wealthX);
Monitor wealthX's availability, performance or functionality for any competitive purposes
Use wealthX or content thereon in any manner not permitted by these Terms of Service
Copyrighted Materials: No Unauthorized Use. If you become aware of misuse of wealthX or content thereon by any person, please contact wealthX to report any abuse.

6. No Personalized Advice

wealthX is not in the business of rendering personalized investment advice. We can't know all the relevant facts about you and your individual needs, and we cannot claim or represent that any particular Services are suitable for you. Accordingly, you agree that any recommendation or action taken by a Service does not constitute a recommendation that a particular security, strategy, or action is suitable for you. You agree that no information that Services provide should be construed as an offer, recommendation, or solicitation to buy or sell any security. If you want personal advice, then you should seek a registered investment advisor.

We will not, and cannot, trade on your behalf at your brokerage. Only you can decide whether or not a stock is right for you and you agree to be liable for any trades you initiate at your brokerage.

7. You Bear Responsibility for Your Financial and Investment Decisions

wealthX believes that the best person to handle your finances is you. By your use of our Services, you're agreeing that you bear responsibility for your own investment research and investment decisions. You also agree that wealthX, its directors, its employees, and its agents will not be liable for any investment decision made or action taken by you and others based on news, information, opinion, or any other material published through our Services.

8. Disclaimer of Warranties and Liabilities

wealthX does not warrant the completeness or accuracy of the Content found in our Services or its usefulness for any particular purpose. And although we have the hardest-working, most talented techies in the business, wealthX makes no promises that our content or any of the Services will be delivered to you on an uninterrupted, timely, secure, or error-free basis. In fact, we're not making any promises or warranties except that we'll do our best to provide interesting and helpful information, education, and entertainment.

YOU AGREE THAT UNDER NO CIRCUMSTANCES SHALL WEALTHX OR ANY OF ITS OFFICERS, DIRECTORS OR EMPLOYEES BE LIABLE TO YOU FOR ANY DAMAGES WHATSOEVER, INCLUDING WITHOUT LIMITATION INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES, ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF WEALTHX, CONTENT AND/OR USER INFORMATION, INCLUDING BUT NOT LIMITED TO THE QUALITY, ACCURACY, OR UTILITY OF THE INFORMATION PROVIDED AS PART OF OR THROUGH WEALTHX OR FOR ANY INVESTMENT DECISIONS MADE ON THE BASIS OF SUCH INFORMATION, WHETHER THE DAMAGES ARE FORESEEABLE AND WHETHER OR NOT WEALTHX HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THE FOREGOING LIMITATION OF LIABILITY SHALL APPLY TO THE FULLEST EXTENT PERMITTED BY LAW IN THE APPLICABLE JURISDICTION AND IN NO EVENT SHALL WEALTHX'S CUMULATIVE LIABILITY TO YOU EXCEED U.S. $100.

wealthX relies on various sources of information that we believe to be accurate and reliable. But we can't and won't take responsibility for, or make any claims or representations about, the accuracy, completeness, or even the truth of every bit of data, information, and opinion provided through our Services. Remember: All information and content provided on or by wealthX is to be used on an "as is, with all faults, we're not perfect" basis.

Obligatory Capitalized Disclaimers of Liability:

EXCEPT WHERE OTHERWISE INAPPLICABLE OR PROHIBITED BY LAW, THE WEBSITE AND PRODUCTS AND SERVICES CONTAINED AND OFFERED ON THE WEBSITE ARE PROVIDED “AS IS” AND ON AN “AS AVAILABLE” BASIS. NEITHER WEALTHX NOR ANY OF OUR PARTNERS MAKES ANY WARRANTY THAT THE QUALITY OF ANY PRODUCTS, SERVICES, INFORMATION, OR OTHER MATERIAL THAT YOU PURCHASE OR OBTAIN FROM THE USE OF OUR SERVICES WILL MEET YOUR EXPECTATIONS OR THAT AND ANY ERRORS WILL BE IMMEDIATELY CORRECTED. NEITHER WE NOR ANY OF OUR PARTNERS MAKES ANY WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, WARRANTIES OF TITLE OR IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, WITH RESPECT TO OUR WEBSITES, ANY CONTENT, OR ANY OF OUR SERVICES, TOOLS, PRODUCTS, OR PROPERTIES. YOU EXPRESSLY AGREE THAT YOU WILL ASSUME THE ENTIRE RISK AS TO THE QUALITY AND THE PERFORMANCE OF OUR SERVICES AND THE ACCURACY OR COMPLETENESS OF THEIR CONTENT.

SOME STATES DO NOT ALLOW EXCLUSION OF IMPLIED WARRANTIES OR LIMITATION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATIONS OR EXCLUSIONS MAY NOT APPLY TO YOU. IN SUCH STATES, OUR LIABILITY AND THAT OF OUR THIRD-PARTY CONTENT PROVIDERS WILL BE LIMITED TO THE GREATEST EXTENT PERMITTED BY LAW.

9. Communication

Federal or state law may require that we notify you of certain events. You hereby acknowledge and consent that such notices will be effective upon our posting them on our websites or sending them to you via email. If you do not provide us with accurate information, we cannot be held liable if we fail to notify you. You may request that we provide such notices to you in paper format by writing to hello@wealthx.ai

10. Dispute Resolution by Binding Arbitration and Class Action Waiver

If a dispute arises in connection with your use of our Services or in relation to any of these Terms (collectively, “Disputes”) our hope is that we can resolve the matter informally. Accordingly, in the event of a Dispute, we agree to first contact each other via email with a description of the Dispute and any proposed resolution. You will email hello@wealthx.ai with your concern and wealthX will contact you via the email address we have on file for you.

If a Dispute cannot be resolved informally, we each agree that except as provided below, the Dispute will be submitted to final and binding arbitration before a panel of three arbitrators of the American Arbitration Association (“AAA”) in a location convenient to you. Either party may commence the arbitration process by submitting a written demand for arbitration with the AAA, and providing a copy to the other party. The arbitration will be conducted in accordance with the provisions of the AAA’s Commercial Dispute Resolutions Procedures, Supplementary Procedures for Consumer-Related Disputes, in effect at the time of submission of the demand for arbitration. We will pay all of the filing costs, including arbitrator fees. Judgment on the award rendered by the arbitrator may be entered in any court of competent jurisdiction. You expressly agree to refrain from bringing or joining any claims in any representative or class-wide capacity, including but not limited to bringing or joining any claims in any class action or any class-wide arbitration.

YOU UNDERSTAND THAT YOU ARE WAIVING YOUR RIGHT TO HAVE A JUDGE OR JURY DECIDE YOUR CASE AND TO BE PARTY TO A CLASS OR REPRESENTATIVE ACTION. YOU UNDERSTAND AND AGREE TO HAVE ANY CLAIMS DECIDED INDIVIDUALLY AND ONLY THROUGH ARBITRATION.

EXCEPTIONS

Notwithstanding the foregoing, the following will not be subject to arbitration and may be adjudicated only in the state and federal courts of California: (i) any dispute, controversy, or claim related to or contesting the validity of our proprietary rights, including without limitation, trademarks, service marks, copyrights, patents, or trade secrets; or (ii) an action by a party for temporary, preliminary, or permanent injunctive relief, whether prohibitive or mandatory, or other provisional relief. You may also file an individual action in a small claims court in lieu of arbitration.

11. Your Agreement to These Terms

You acknowledge and agree that by agreeing to these Terms electronically you are expressly agreeing to the terms set forth herein. You acknowledge that your electronic submission constitutes your agreement and intent to be bound by these Terms of Service.

12. Stock Quotes

U.S. intraday exchange quotes are provided by IEX Cloud and are delayed by 15 to 45 minutes. All quotes are believed to be correct, but wealthX does not warrant or guarantee the accuracy, completeness or timeliness of any such information. wealthX advises you to always confirm the price of a particular investment with a broker or other party executing its sale, purchase or redemption, as appropriate.

13. Everything Else

If any provision in these Terms of Service is found to be invalid, unenforceable, or nonsensical, the remaining provisions will continue in full force and effect. This agreement is and always will be governed by the laws of the United States of America and the State of California (except with respect to choice of law).You agree that the proper forum for any claim arising thereunder will be the U.S. Court for the courts located in San Francisco, California or the appropriate California court.

Our Services are directed at a U.S. audience. We cannot warrant that the Services are appropriate for users outside the United States or that use of the Services is permitted under the laws of other jurisdictions. All personal data is maintained in the United States under the terms of our Privacy Policy, which is also incorporated by reference.

Except as otherwise expressly stated in these Terms of Service, there are no third-party beneficiaries to this agreement.

These Terms of Service, including those that are incorporated by reference, constitute the entire and only agreement between you and wealthX and govern your use of our sites.

14. Questions

If you have questions about these Terms of Service or about wealthX or content thereon, please contact wealthX at hello@wealthx.ai.