SoFi Wealth Customer Agreement
1/31/2023
Customer Agreement for Single Online Session
This SoFi Wealth Customer Agreement for Single Online Session (the “Agreement”) is entered by and
between You (“You” or “Your”) and SoFi Wealth, LLC, a Delaware limited liability company (“SoFi
Wealth”) and a registered investment adviser located at 234 1st Street, San Francisco, CA 94105.
This Agreement sets forth the terms and conditions governing Your access to and use of SoFi Wealth’s
website, the educational information, tools for financial planning, and all services we provide and
that are available to you online or in the SoFi application (collectively, “the Tools”). When You accept
this Agreement, You agree You have read this document carefully and understand its terms.
The SoFi Wealth services available on the website and mobile application are automated,
provide limited insights, do not consider Your complete financial situation, and therefore may
not be suitable for You. You should not accept this agreement if You have any questions about
the limited services SoFi provides or if You have a question or decision or financial situation that
requires consideration of Your personal circumstances.
1. Purpose. This Agreement is intended to help You understand what You can expect when using SoFi
Wealth and to provide to You information required by Section 205 of the Investment Advisor’s Act.
2. Single session. This Agreement applies to your use of the SoFi Wealth Tools only during the time
you are using the Tools online. It is a single user session agreement. This Agreement terminates
automatically at the end of your user session. SoFi Wealth will have no ongoing obligations to you
under this Agreement after you end your online session.
3. Overview of SoFi Wealth Online Services. SoFi Wealth offers users different types of information
and services on its website and App:
a. Educational information. SoFi Wealth offers users general educational information such
as articles on investing, stock market quotes and price indicators. It is not personal
financial advice for You. SoFi makes no attempt to assure that any such information is
suitable or appropriate for You.
b. Automated Online Tools. The tools, features, and functions that SoFi Wealth makes
available to users of its website (“Tools”) are automated, limited, and provide users with
pre-figured recommendations suited to persons with certain pre-defined attributes and
circumstances. If You elect to use any of these Tools, You accept that the limitations and
agree any recommendations are NOT personalized for You. You agree that:
i. The tools depend on information You provide about Your assets, liabilities and Your
financial goals using simplified strategies such as “aggressive” or “conservative.”
The Tools rely upon pre-figured questions to generally tailor advice to common
scenarios, and will not account for Your unique circumstances.
ii. Using pre-defined algorithms, the tools generate limited financial planning
recommendations designed to help You achieve Your stated financial goals.
iii. The guidance is automated and based upon general financial planning principles.
The guidance is not based upon a complete picture of Your assets, income, and
other important factors that should be part of any full financial plan. To obtain more
robust guidance, You should consult a financial planner who can obtain a full picture
of Your financial situation.
vi. TThe limitations above apply to You if You elect to use any feature of SoFi Wealth’s website that
provides recommendations, including: (a) to explore and develop portfolios of investments for
automated investing, (b) Debt Navigator that offers suggestions to consider for debt management,
and (c) the 529 Selection Tool that assists you connecting with a college savings plan, and (d) the
College Cost Estimator
vii. If You elect to become a client of SoFi Wealth for purposes of making investments or providing funds
into any automated investment account, SoFi will present to You and You must accept the SoFi
Wealth Advisory Agreement which governs SoFi Wealth’s obligations to You as a client.
viii. SoFi Wealth may present certain offers, promotions, and advertisements to users of the SoFi Site.
Such advertisements may be for other SoFi products and for products and services of third- parties
that SoFi believes may be useful to many site users. SoFi makes no attempt to assure these
promotions promote products or services that are suitable for You.
4. E-Sign. SoFi Wealth is owned by Social Fiance, Inc. which operates its website and application
that runs on mobile devices. When You registered with Social Finance, LLC You accepted an
E-sign Agreement. By accepting the E-Sign agreement, You are agreed to accepting other terms,
including this Customer Agreement, with an electronic acknowledgement as if You signed it
with ink and paper.
5. Arbitration. When You registered with SoFi, You accepted an Arbitration Agreement and this
Agreement also contains an arbitration provision at Section 36. This Customer Agreement is
subject to the Arbitration Agreement, except that you do not waive or limit your rights under the
Investment Advisers Act or any other federal or state securities laws. This means You and SoFi
both may give-up the right to sue in court, the right to a jury trial, and the right to litigate or
arbitrate as a class related to the terms of this Agreement.
6. Custody. This Agreement does not authorize SoFi Wealth to have custody of your assets,
to withdraw cash, or make payments to any third-parties on your behalf.
7. You Must Provide Accurate Financial Information. SoFi Wealth’s tools require You to provide
information about Your situation in order to produce useful guidance. For example, SoFi’s
automated tools may ask for Your financial assets, income, expenses, and liabilities. You must
provide accurate information. SoFi Wealth will not attempt to verify any of the information or
documentation provided by You or by anyone on Your behalf.
8. Recommendations are Limited to Information You Provide. Any financial planning
recommendations SoFi Wealth offers will consider only: (i) the financial information provided
by You; and (ii) Your stated financial goals. Because the limited financial planning
recommendations generated by SoFi Wealth are dependent on the accuracy and quality of
information provided by You, You must input complete and accurate information in response to
SoFi Wealth’s questions.
9. Recommendations are Not a Substitute for Full Financial Planning. SoFi Wealth provides
limited digital financial planning advice and the recommendations generated are not a
substitute for developing a comprehensive financial plan with a financial planning advisor
10. Many Factors Excluded. SoFi Wealth will not provide You with tax, accounting, or legal advice
that could be relevant to Your financial planning. SoFi Wealth will not prepare any accounting,
tax, or legal documents related to the implementation of any recommendations made through
SoFi Wealth. SoFi Wealth will not consider estate or tax planning issues, certain family or
spousal assets, family planning, retirement income, self-employment plans and other factors
that might be considered in developing a complete financial plan. SoFi Wealth encourages You
to work closely with Your attorney, accountant, and other appropriate professionals to review
and implement any financial decisions, including any SoFi Wealth recommendations. If you
believe you need financial planning advice or a more tailored financial plan based upon a more
full review of your circumstances, SoFi Wealth may be able to refer You to an affiliated financial
planner. It is Your responsibility to monitor your circumstances and to see additional advisory
services when needed. SoFi Wealth is NOT monitoring Your circumstances or accounts to
determine when you need additional advice.
11. Use of Your information from other SoFi Tools. As a user of SoFi Wealth, You will have access
to SoFi products, services, and tools through links to the SoFi website or App pages. If You use
other SoFi products and services, You provide permission for SoFi Wealth to obtain and use
information about You obtained by SoFi or any SoFi affiliate, including but not limited to:
a. External Account Information. SoFi’s Relay tool can compile and present Your
account information from multiple different accounts, including accounts held at
external financial institutions. When you use Relay or apply for a SoFi loan, You give
SoFi permission to obtain information from Your accounts at SoFi (such as an
automated investment account of SoFi Wealth) and from Your accounts held in external
financial institutions, SoFi obtains the information as Your agent using a third-party
service operate by Plaid, Inc.
b.If You elect to use SoFi’s Relay tools, You give SoFi Wealth permission to obtain all
information used in the Relay tools for purposes of identifying products and
services You might be interested in and for purpose of tailoring recommendations in
SoFi Wealth Tools.
c. Credit Score Information. If You use SoFi’s Credit Score Monitoring tool (available on
the Social Finance website and App), You give SoFi Wealth permission to obtain all
credit information used in the Credit Monitoring tool for purposes of identifying
products and services You might be interested in and for purpose of tailoring
recommendations in SoFi Wealth Tools.
12. You are Responsible for Providing Accurate Information. It is Your responsibility to confirm
the accuracy of all information used in SoFi Wealth’s Tools. SoFi Wealth is not responsible for
and cannot guarantee the accuracy of information about You or any of Your accounts that SoFi
Wealth receives from external accounts. SoFi Wealth assumes no responsibility for the
timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data,
communications, or personalization settings.
13. Your Acknowledgements. You understand that: (a) services provided through SoFi Wealth are
provided exclusively through a digital platform and do not include consulting with any financial
planning professionals or any in person meetings; (b) any financial planning provided through SoFi Wealth is limited and not comprehensive in nature; (c) the use of SoFi Wealth is not a substitute for a full, comprehensive, written financial plan; (d) SoFi Wealth may from time to time recommend the services and products of SoFi Wealth, its parent company or its affiliates (e.g., student loans, personal loans, brokerage accounts, and managed investment accounts), which is a conflict of interest; provided, that with respect to each such recommendation, You are under no obligation to use services or products sponsored or sold by SoFi Wealth, its parent company or its affiliates; and (e) You are solely responsible for implementing any of the recommendations of SoFi Wealth and may choose to implement recommendations through SoFi or any third-party service provider.
14. No SoFi Wealth Fees for Use of SoFi Wealth Website. There will be no direct charge for use
of SoFi Wealth website or for services provided through SoFi Wealth through the website.
Although SoFi Wealth does not charge an investment advisory fee for the financial planning
services provided through SoFi Wealth, recommendations suggested by it may include
investment strategies, insurance products, loans or other financial products which are subject
to commissions and other fees and expenses charged by the sponsor(s) of such products.
Certain of these recommended products may be provided or sponsored by SoFi Wealth or
affiliated companies.
15. You Are Responsible for Acting on Recommendations. You are solely responsible for
determining whether to implement the financial planning recommendations provided by or
through SoFi Wealth. You acknowledge that SoFi Wealth does not provide any ongoing
monitoring and review of Your assets through SoFi Wealth. Should You choose to implement the
financial planning recommendations provided through SoFi Wealth, SoFi Wealth recommends
that You work closely with a financial planner, attorney, accountant, insurance agent,
broker-dealer, or investment adviser to assure the actions remain.
16. Conflicts of Interest. SoFi Wealth is owned by Social Finance, LLC and SoFi Technologies, Inc.
(collectively, “SoFi”) which own and operate and has interests in multiple companies providing
consumer financial services and products such as bank accounts, loans, and investment
accounts. SoFi Wealth therefore has interests that present conflicts with Your interests as
a customer. These conflicts are presented more fully in SoFi’s ADV Part 3. SoFi Wealth’s
conflicts include, but are not limited to:
● SoFi is the sponsor of various exchange traded funds operated through Toroso
Investments.
● SoFi also holds an investment in Apex Clearing Holdings LLC (“Apex”), a third-party
provider of securities clearance services, which is the clearing broker for all trades conducted by
SoFi Securities LLC.
● SoFi Securities, LLC is a registered broker-dealer. SoFi Securities: (i) is introducing
broker-dealer for SoFi Wealth, and operates self-directed and “robo” trading platforms
through an Investment Advisor Service Agreement with SoFi Wealth LLC. (ii) serves as
the broker dealer for trading through SoFi Wealth’s managed accounts. (iii) offers a
cash management account under the trade name “SoFi Checking and Savings”; (vi) SoFi
Capital Advisors LLC, a registered investment adviser;
● SoFi’s ownership or interest companies that provide financial services present conflicts of
interest for SoFi Wealth if it recommends those services to You. For example, if SoFi Weatlh’s tools
indicate it could be useful to refinance your mortgage, you should know that SoFi Bank offers
mortgage loans, or if its tools indicate you should not refinance a loan, you know know that SoFi
earns income from servicing loans. SoFi Lending Corp. and SoFi Bank originate and service student,
personal, and mortgage loans.
● Social Finance Life Insurance Agency, LLC sells life insurance and other insurance
products under the brand name “SoFi Protect.”
● SoFi Digital Assets, LLC, a registered money transmitter, offers digital currency trading
services.
● SoFi or its affiliates may currently hold, or in the future may acquire, minority
investments in other companies not listed above, which are engaged in providing
consumer financial services, some of which may be recommended by SoFi Wealth.
17. SoFi earns revenue from Your use of SoFi affiliates’ services. You have no obligation to use
SoFi’s services or products and services of affiliates. Any recommendation by SoFi Wealth that
you use or purchase any product or service offered by any SoFi affiliate is subject to the conflicts
we have described above. You are not obligated in any way to implement any of the
recommendations made by SoFi Wealth and You are not obligated to acquire any recommended
product or service through SoFi or any related company. You are at all times free to work with
the investment professional(s) of Your choosing and free to acquire any products and/or
services through the providers of Your choice.
18. Other Conflicts. The following disclosures are provided regarding the background and business
practices of SoFi Wealth:
● There are intercompany agreements among SoFi, SoFi Wealth and each other SoFi
subsidiary related to the provision of administrative support, office space, personnel
services, regulatory support and other required resources.
● Many of SoFi Wealth’s advisory personnel are also registered representatives with SoFi
Securities, LLC. SoFi Securities, LLC does not provide commission-based brokerage
services for securities to SoFi Wealth clients except as described in the following
paragraph.
● SoFi Wealth refers all of its trading activity through SoFi Securities, LLC, which uses
Apex as its clearing broker.
19. No Discretionary Authority. Nothing in this Agreement will give SoFi Wealth discretionary
authority to direct any of Your cash or securities, or to take possession of any of Your assets.
To the extent You desire to implement any recommendations made by SoFi Wealth, You shall
be solely responsible for implementing those recommendations. SoFi Wealth will not move
funds or direct any trades for You.
20. SoFi Wealth does not have the authority to vote proxies on your behalf, as disclosed in Part
2 of Form ADV. If SoFi Wealth inadvertently receives any proxy materials on behalf of you,
the firm will forward such materials to you.
21. Non-Exclusive Relationship. You acknowledge and agree that SoFi Wealth may provide
services to other clients and receive fees for such services. Since each client’s circumstances
are different, the advice provided to other clients of SoFi Wealth may differ from advice given
with respect to You.
22. Basis of Advice. The recommendations developed by SoFi Wealth are based upon an
automated analysis performed by SoFi Wealth as informed and guided by information provided
by You, the data collected from third party financial institutions, and the planning algorithms
designed by SoFi Securities, LLC. SoFi Wealth cannot guarantee the results of its
recommendations. You can elect at any time to follow or ignore all, or any part of the
information, recommendation, or advice given under this Agreement.
23. Limitation of Liability. In making investment recommendations for You, SoFi Wealth will only
consider the information provided by You in the Tools. Except as may otherwise be provided by
law, SoFi Wealth will not be liable to You for: (a) any loss that You may suffer by reason of any
recommendation made by SoFi Wealth or SoFi Wealth’s tools; (b) any loss arising from any
investment implement by SoFi Wealth on your behalf in accord with instructions; (c) any act or
failure to act by Your custodian, broker-dealer, or other third party; (d) any loss resulting from
Your failure to provide SoFi Wealth with current, updated, and accurate information as
requested by SoFi Wealth; or (g) any loss caused by conditions and events beyond SoFi
Wealth’s control including without limitation, electrical, mechanical or equipment
breakdowns, computer system failures and malfunctions, system access issues, system
capacity issues, delays by third party vendors or communications carriers.
24. Risks.
a. SoFi Wealth cannot guarantee that its financial planning recommendations, strategies
or investment recommendations will be successful. Investments are subject to various
market, interest rate, currency, economic, political, and business risks. SoFi Wealth
cannot guarantee or promise any future performance or any particular return on any
of Your investments. You represent that SoFi Wealth has made no guarantee, either
oral or written, with respect to the success or performance of any investment,
investment strategy, or recommendation made by SoFi Wealth, or the success of Your
investment objectives.
b. You recognize that the financial planning advice provided by SoFi Wealth is based on
programs and algorithms designed by SoFi Wealth, which are based in part on
assumptions and judgments made by SoFi Wealth regarding the economy, securities
markets, and other factors which cannot be guaranteed to be accurate.
c. SoFi Wealth will not be held liable for any action performed or omitted, or for any
errors of judgment or mistakes in preparing any financial plan in the absence of
malfeasance or violation of applicable law. Nothing in this Agreement will constitute a
waiver or limitation of any rights which You may have under applicable state or
federal law, including without limitation the state and federal securities laws.
25. Links from Employers. You might have reached SoFi wealth through a link on your
employer’s site. SoFi does NOT provide services to employers or employees in connection
with an employer-sponsored retirement plan. SoFi is NOT a fiduciary to employees under any
employer-sponsored retirement benefits plan.
26. ERISA Accounts. If the services provided by SoFi Wealth involve an account that is maintained
on behalf of a plan subject to the Employee Retirement Income Security Act of 1974
(“ERISA”), the Pension Protection Act of 2006, or similar government regulation, SoFi Wealth
may be deemed a fiduciary as such term is defined under Section 3(21)(A)(ii) of ERISA. SoFi
Wealth will act in a manner consistent with the requirements of a fiduciary under ERISA. SoFi
Wealth is not an “investment manager” as defined in Section 3(38) of ERISA and does not have
the power to manage, acquire or dispose of any plan assets, and is not the “Administrator” of
Your retirement plan, as defined in ERISA.
27. Standard of Liability. Except as may otherwise be provided by law, SoFi Wealth will not be
liable to You for any loss that You may suffer as a result of good faith decisions made by SoFi
Wealth, or for recommendations made by SoFi Wealth based upon the information provided by
You. In connection with the financial planning recommendations delivered through SoFi
Wealth, SoFi Wealth agrees to act with the care, prudence, and diligence of a prudent
investment manager provided with similar information, having due regard for applicable legal
requirements. Federal and state securities laws may still impose liabilities under certain
circumstances on persons who act in good faith, and this Agreement does not waive or limit
Your rights under those laws.
28. Confidentiality. Any non-public information about You will be treated as confidential and will
not be disclosed to third parties except as required by law, or to the extent required to
effectuate the services under this Agreement. Any disclosure by SoFi Wealth to third parties of
non-public information provided by You, will be made in accordance with applicable law and
the SoFi Privacy Policies available at https://www.sofi.com/privacy-policy, as may be
amended, modified, or supplemented from time to time. If you are using services such as
Plaid to connect external accounts, your information will be used in accord with Plaid’s
Privacy Policy https://plaid.com/legal/.
29. Support. For questions regarding Your credit score or credit report, please contact the
processing agent directly at (800) 916-8800. You understand and agree that the services do not
include the placing of fraud alerts with any consumer reporting agencies. You must contact the
consumer reporting agencies directly if You suspect any fraud activity.
30. Notices. All notices or communications to be delivered to SoFi Wealth or You should be made
through the SoFi Wealth website or chat with us https://sofi.app.link/investchat, and to
You at Your current email address as listed in Your account’s contact information.
31. Assignment. You may not transfer or assign this Agreement without the consent of SoFi
Wealth. SoFi will not assign this Agreement to any other company without your consent.
32. Applicable Law. This Agreement will be construed under the laws of the State of California.
Nothing in this Agreement will be construed contrary to the Investment Advisers Act, or any
rule thereunder. To the extent consistent with applicable law, the venue for the resolution of
any dispute or controversy between SoFi Wealth and You will be in the State of California.
33. Entire Agreement. Your agreement with SoFi includes this Agreement, the SoFi Terms of Use,
SoFi Privacy Policies, any disclosures and terms and conditions presented to You on product
pages, all as amended from time to time, represent the entire understanding between the
parties with regard to the SoFi Wealth services. No other agreements, covenants,
representations shall apply.
34. Severability. If any clause in this Agreement is rendered invalid or unenforceable under law,
the parties agree to find a mutually agreeable, legally valid, and enforceable equivalent, as
closely approximately the original intent as the law allows. If any clause is found to be invalid
or unenforceable under law, the remaining clauses hereunder shall remain in full force and
effect.
35. Amendments. SoFi Wealth shall have the right to amend this Agreement by providing You with
a written notice delivered electronically (each a “Disclosure”). In order for SoFi Wealth to
amend this Agreement by electronic notice, SoFi Wealth will provide You with a Disclosure
describing such amendment or change at least ten (10) days prior to the effective date of the
Disclosure, or a longer or shorter period of time as may be required by law. The Disclosure
will: (i) be sent by SoFi Wealth to Your email address of record or through Your mailbox at SoFi
Wealth’s website to You; (ii) explain the proposed amendment to the Agreement; (iii) state the
scheduled effective date for the proposed amendment; and (iv) disclose Your right to reject
the proposed amendment and terminate the Agreement.
If You fail to object in writing to SoFi Wealth (via email to SoFi Wealth or through Your mailbox on
SoFi Wealth’s website) to the proposed amendment before the date that the Disclosure is scheduled
to become effective, You will be deemed to have consented to the proposed amendment.
If You reject a proposed amendment described in a Disclosure, SoFi Wealth will terminate the
Agreement and the account relationship. In that event, SoFi Wealth will provide You with an
electronic termination notice.
36. Representations. SoFi Wealth represents that it is registered as an investment adviser and is
authorized and empowered to enter into this Agreement. You represent that You are legally
competent and have capacity to enter into this Agreement of Your free will. If this
Agreement is being signed on behalf of a corporation, partnership, trust or other business or
legal entity, You represent that applicable law and governing documents authorize and
permit this Agreement.
37. Client Conflicts. If this Agreement is between SoFi Wealth and related or joint clients (i.e.
husband and wife, partners, etc.), SoFi Wealth’s services will be based upon the joint goals
communicated by You to SoFi Wealth. SoFi Wealth will be permitted to rely upon instructions
from either party, unless and until such reliance is revoked in writing to SoFi Wealth. SoFi
Wealth will not be responsible for any claims or damages resulting from such reliance or from
any change in the status of the relationship between the clients.
38. Electronic Delivery. By initialing below, You authorize SoFi Wealth to deliver, and agree to
accept all required regulatory notices and disclosures, as well as all other correspondence
from SoFi Wealth via electronic mail. Information and documents provided by SoFi Wealth
will include, but are not limited to: (i) Form ADV updates; (ii) account reports prepared by
SoFi Wealth. You agree to receive all such information by electronic delivery from SoFi.
When using electronic delivery, SoFi Wealth will have completed all delivery requirements
upon the forwarding of such document, disclosure, notice or correspondence to the email
address You provided. You may notify SoFi Wealth in the event You do not want electronic
delivery of information. You have the right to withdraw consent to electronic delivery
without the imposition of any fee or condition. For purposes of this Agreement, SoFi Wealth
will communicate with You using the email address associated with Your SoFi Wealth
Account. You may update Your email address by notifying SoFi Wealth, and SoFi Wealth will
verify such a change with You. For purposes of communicating over the Internet with SoFi
Wealth, You will immediately notify SoFi Wealth in writing if any computer (or network
connected to such computer), electronic device or email account utilized by You to
communicate over the Internet with SoFi Wealth has been or is suspected of being hacked by
a third party. In order to protect against unauthorized access, SoFi Wealth strongly
recommends that You refrain from sending via email any document with a full social security
number or account number to SoFi Wealth via email.
39. Electronic Signature. Your electronic signature on this Agreement is valid evidence of Your
consent and intention to be legally bound by its terms and any other documents governing
Your relationship with SoFi Wealth. The electronically stored copy of this Agreement shall be
deemed to be an original, and admissible in judicial or administrative proceedings. If You and
Your spouse have electronically signed this Agreement, the representations under this
Agreement with respect to You will be joint and several.
40. Acknowledgement of Receipt of Disclosure Documents and Privacy Policy Notice. You
acknowledge receipt of the Form ADV Part 2A Disclosure Brochure of SoFi Wealth and the
Form ADV Part 2B Brochure Supplement from Your investment advisor representative. You
acknowledge receipt of Form ADV Part 3 and understand the relationship and services that
SoFi Wealth offers. The Form ADV Part 2A and any applicable Form ADV Part 2B Supplements are
also available publicly at www.sofi.com/legal/adv. The Form ADV Part 3 is also available
at the following URL: https://www.sofi.com/legal/formcrs/. You acknowledge receipt of the
SoFi’s GLBA Privacy Notice as required by the Gramm-Leach-Bliley Act of 1999. SoFi’s GLBA
Privacy Notice is also available at: https://www.sofi.com/privacy-policy.
41. Arbitration. To the extent permitted by law, any controversy or dispute which may arise
between You and SoFi Wealth concerning any transaction or the construction, performance or
breach of this Agreement will be settled by arbitration. Any arbitration will be pursuant to
the rules then applying of the American Arbitration Association, except to the extent set
forth herein. The arbitration panel will consist of at least three individuals, with at least one
panelist having knowledge of investment advisory activities. The parties agree that any
arbitration proceeding pursuant to this provision will be held in California, unless a different
location is required by the rules having jurisdiction. You acknowledge and agree to the
following provisions of arbitration:
● Arbitration is final and binding on all parties.
● The parties are waiving their right to seek remedies in court, including the right to a jury trial,
except to the extent such waiver would violate applicable law.
● Pre-arbitration discovery is generally more limited than and different from court proceedings.
● The arbitrators’ award is not required to include factual findings or legal reasoning, and any
party’s right to appeal or to seek modification of rulings by the arbitrators is strictly limited.
● The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated
with the securities industry.
The agreement to arbitrate does not entitle You to obtain arbitration of claims that would be barred
by the relevant statute of limitations if such claims were brought in a court of competent jurisdiction.
If at the time a demand for arbitration is made or an election or notice of intention to arbitrate is
served, the claims sought to be arbitrated would have been barred by the relevant statute of
limitations or other time bar, any party to this Agreement may assert the limitations as a bar to the
arbitration by applying to any court of competent jurisdiction, and You expressly agree that any issues
relating to the application of a statute of limitations or other time bar are referable to such court.
The failure to assert such bar by application to a court, however, will not preclude its assertion before
the arbitrators. You understand that this agreement to arbitrate does not constitute a waiver of the
right to seek a judicial forum where such waiver would be void under the state or federal securities
laws.
Sofi Wealth Customer Confirmation, Consent, and Acknowledgement.
NOTICE: THIS AGREEMENT CONTAINS A PRE-DISPUTE ARBITRATION CLAUSE
By acknowledgement below:
● I confirm the truth and accuracy of the information provided by me in the related
account application form.
● I confirm that I have read, understand, consent to, and agree to be bound by the terms
and conditions of this Agreement.
● I confirm the truth and accuracy of each acknowledgement and representation made by me in
this Agreement.
BY SELECTING THE “I ACCEPT” BUTTON, I AM SIGNING THIS AGREEMENT ELECTRONICALLY AND AGREE
THAT MY ELECTRONIC SIGNATURE IS THE LEGAL EQUIVALENT OF MY MANUAL SIGNATURE ON THIS
AGREEMENT
