These Terms of Use (Terms) govern the use of all electronic and online content, tools, products and services (Online Services) made available by LPL Financial LLC (LPL), either on LPL websites (Sites) or by any other electronic devices or means, including mobile devices (Access Devices). Online Services offerings may vary depending on the Access Device and may be offered under different brand names. These Terms constitute a binding agreement between you (You) and LPL. LPL makes the Online Services available solely on the terms and conditions set forth herein and on the condition that You accept and comply with these Terms. These Terms are in addition to any other agreements between You and LPL, including any other agreements or terms that govern your use of information, content, tools, products and services made available by LPL.
BY CLICKING ON THE ACCEPT BUTTON, YOU HEREBY ACCEPT THIS AGREEMENT AND AGREE THAT YOU ARE LEGALLY BOUND BY ITS TERMS AND CONDITIONS. IF YOU DO NOT AGREE TO ALL OF THE TERMS AND CONDITIONS OF THIS AGREEMENT, LPL WILL NOT AND DOES NOT MAKE AVAILABLE THE ONLINE SERVICES TO YOU, YOU ARE NOT AUTHORIZED TO ACCESS OR USE THE ONLINE SERVICES, AND YOU SHOULD CLICK ON THE DO NOT ACCEPT BUTTON.
1. Right to Access and Use the Online Services. Subject to and conditioned upon your compliance with all the terms and conditions set forth herein, LPL hereby grants to You a limited, revocable, non-transferable right to access and use the Online Services for your personal, non-commercial use.
2. Consent to Electronic Delivery of Account Communications. You hereby authorize LPL to deliver documents, correspondence and other communications (Communications) including, account statements, performance reports, regulatory and other notices in connection with your LPL account to the e-mail address or mobile telephone number, in the case of text (SMS) messages or multimedia (MMS) messages, specified by You. Electronic delivery of Communications is subject your consent to LPL’s Account View Electronic Delivery Terms & Conditions, which are incorporated herein by reference.
3. Consent to Delivery Communications by Text (SMS) or Multimedia (MMS) Messaging. Communications may include text (SMS) or multimedia (MMS) messages, which may be informational, transactional or commercial (marketing) in nature from or on behalf of LPL or your financial representative. By providing a telephone number to LPL and/or your financial representative, You hereby authorize LPL and/or your financial representative to send Communications to You by text (SMS) or multimedia (MMS) message. To stop receipt of Communications by text (SMS) or multimedia (MMS) messages, please contact your financial representative. Use of text (SMS) or multimedia (MMS) messaging is approved by LPL for its registered representatives. To the extent LPL registered representatives are associated or affiliated with a third party investment adviser (i.e. Hybrid RIA), it is within that investment advisers sole discretion as to whether to allow its investment adviser representatives to communicate with You by text (SMS) or multimedia (MMS) messages LPL makes no representation with respect to any other investment advisers use of the service or such investment advisers compliance with applicable law, including the Investment Advisers Act of 1940 (IA40) and disclaims any and all liability with respect thereto.
4.1 Acceptable Use. You shall use the Online Services only in accordance with these Terms, in a manner consistent with applicable laws and in accordance with the rules, policies and procedures established by LPL for use of the Online Services. You are solely responsible for compliance with all legal and regulatory requirements with respect to your use of the Online Services. By using the Online Services, you hereby represent and warrant that all information provided to LPL in connection with the Online Services, including the information provided in the process of logging in to access and use the Online Services is true, accurate and complete.
4.2 Restrictions; No Reverse Engineering; No Unauthorized Use. You shall not and shall not permit any third party to sell, rent, lease, provide service bureau or timeshare services, transfer, transmit, distribute or otherwise make the Online Services or any component thereof or any data contained therein available to third parties. You shall not, and shall not permit any third party to access or use the Online Services in whole or in part for any purpose, except as expressly provided under these Terms. Without limiting the foregoing, You shall not and shall not permit any third party to (i) attempt to decompile, decode, disassemble, or otherwise reverse engineer the Online Services; (ii) attempt to gain unauthorized access to the Online Services or its related systems or networks; (iii) attempt to interfere with or disrupt the operation of the Online Services or its related systems or networks, including through, but not limited to, the use of methods such as viruses, Trojan horses, worms, time bombs, denial of service attacks, flooding or spamming; (iv) copy, in whole or in part, the Online Services or any component thereof; (v) modify, enhance, create derivative works of, combine with other programs, or otherwise change the Online Services; (vi) screen scrape, screen surf or employ any other data scraping method; (vii) provide access to the Online Services by framing the Online Services in a domain not supported by LPL; or (viii) develop or have developed any product or service using or based on any component of the Online Services.
Further, You shall not, and shall not permit any third party to use any communication feature of any of the Online Services: (1) for any purpose that is unlawful, fraudulent, tortious, abusive, intrusive on another's privacy, harassing, libelous, defamatory, embarrassing, obscene, pornographic, threatening or hateful; (2) to transmit any material that is facilitates, or encourages libelous, defamatory, discriminatory, or otherwise malicious or harmful speech or acts to any person or entity, including but not limited to hate speech, and any other material that degrades, intimidates, incites violence against, or encourages prejudicial action against anyone based on age, gender, race, ethnicity, national origin, religion, sexual orientation, disability, geographic location or other protected category; (3) in connection with unsolicited or harassing messages (commercial or otherwise), including unsolicited or unwanted phone calls, SMS or text messages, voice mail, or faxes; (4) in any manner that materially violates industry standards, policies and applicable guidelines published by (a) the CTIA (Cellular Telecommunications Industry Association), (b) the Mobile Marketing Association, or (c) any other generally recognized industry associations; (5) to engage in any unsolicited advertising, marketing or other activities prohibited by applicable law or regulation covering anti-spam, data protection, or privacy legislation in any applicable jurisdiction, including, but not limited to anti-spam laws and regulations such as the CAN SPAM Act of 2003, the Telephone Consumer Protection Act, and the Do-Not-Call Implementation Act; (6) to harvest or otherwise collect information about individuals, including email addresses or phone numbers, without their explicit consent or under false pretenses; (7) to transmit any material that infringes the intellectual property rights or other rights of third parties; or (8) to receive, send or otherwise process Protected Health Information as defined by the Health Insurance Portability and Accountability Act of 1996 as amended.
4.3 Customer Data. As between You and LPL, You are solely responsible for the accuracy, completeness, quality, validity, authorization for use and integrity of any and all data and information, that is provided to LPL under this Agreement or input into the Online Services by You or on your behalf (collectively, Customer Data) regardless of form and format, and whether or not Customer Data is used in conjunction with the Online Services. As between You and LPL, LPL has and shall retain sole and exclusive title and ownership of all Customer Data. You hereby represent and warrant that You have the right and authority necessary to provide or have provided the Customer Data to LPL as provided hereunder and that You will disclose or have disclosed to LPL on your behalf only such Customer Data as You are authorized to disclose or have disclosed to LPL. You are solely responsible for maintaining an appropriate backup of all Customer Data. LPL is not responsible for loss of any Customer Data in transmission or improper transmission of any Customer Data by You or any third party on your behalf. Use of Customer Data is governed by LPLs Online Privacy Policy.
4.4 Security. Access to the Online Services is enabled only by username and password. You shall maintain your username and password in strict confidence. In no event shall you share your username or password with any third party or allow another person to access the Online Services using your username and password. You shall immediately notify LPL if you have any reason to believe that your username or password has been lost or compromised or misused in any way and you shall inform LPL of the steps being taken to terminate such unauthorized use or misuse. You are fully and solely responsible for any and all use or misuse of the Online Services using the username and password assigned to you. LPL reserves the right to revoke or deactivate your username and password if you violate these Terms. You assume all risks associated with directing LPL to send messages to Access Devices that may not utilize personalized security codes or encryption.
4.5 Review of Your Use of Online Services. You acknowledge that LPL may have certain supervisory and regulatory responsibilities with regards to the activities of the financial professionals to which LPL provides Online Services as well as to such financial professionals end customers. You hereby confirm and acknowledge that LPL may, in LPLs sole discretion and to the extent permitted or required by applicable law: (a) access the Online Services and the Customer Data stored as a part of, or in connection with, the Online Services; and (b) retain backups of any Customer Data stored as a part of, or in connection with, the Online Services.
4.6 Additional Obligations. You are responsible for procuring, installing, and maintaining all computer hardware, software, communications interfaces and connectivity to the Online Services, applications, communications and office equipment necessary to access and use the Online Services, and for paying all associated charges.
4.7 Additional Terms. Your use of certain of the Online Services may be subject to additional or separate terms imposed by LPL or third parties (Additional Terms). When such Additional Terms are applicable to your use of an Online Service, LPL will give You an opportunity either to agree to such Additional Terms or elect not to use such Online Service. To the extent applicable, such terms are hereby incorporated into these Terms, to the extent such terms do not conflict with the terms of this Agreement. In the event of a conflict between Additional Terms and these Terms, the Additional Terms will prevail with respect to such specific Online Service. Additional Terms applicable to Account View are available and are hereby incorporated into these Terms.
4.8 Acknowledgment; Injunctive Relief. You hereby acknowledge that the provisions contained in this Section 2 are reasonable and necessary to protect LPLs legitimate interests and You hereby agree that the remedies at law for violation of this Section 2 may be inadequate, that such violation may cause irreparable injury to LPL within a short period of time, and that LPL shall be entitled to preliminary injunctive relief and other injunctive relief against such violation without the necessity of proving actual damages.
5. Termination; Effect of Termination. LPL may immediately suspend or terminate its provision of the Online Services without notice or liability in whole or in part if You violate any of these Terms. Upon such suspension or termination, your access to and use of the Online Services shall terminate. Notwithstanding termination of the Online Services, the following provisions shall survive and continue to apply: Section 4.2, Section 4.3, Section 4.8, this Section 5, Section 7, Section 9, Section 10, Section 11 and Section 12.
6.1 Changes to the Agreement. LPL may, from time to time, change these Terms. When the Terms are changed, LPL will give You an opportunity either to agree to such changed terms or terminate use of the Online Services. The most current version of these Terms can be accessed at any time by selecting the Terms of Use link on the Online Services sign-in page.
6.2 Changes to the Online Services. LPL reserves the right to alter, add or delete any part of the Online Services in whole or in part at any time without notice.
7. Reservation of Rights. As between You and LPL, title to, and ownership of the Online Services including all patents, copyrights and all other intellectual property rights applicable thereto and any derivative works, translations, customized versions, or other versions thereof, is and shall at all times remain solely and exclusively with LPL and its licensors, notwithstanding that You may contribute to the cost or design of such updates, translations, customized versions or other versions or derivative works. All rights not expressly granted to You herein are expressly reserved by LPL. Nothing in this Agreement will be deemed to grant, by implication, estoppel, or otherwise, a license under any of LPLs or its licensors existing or future rights in or to the Online Services. LPL trade names, trademarks, service marks, titles, and logos, and any goodwill appurtenant thereto, shall be owned exclusively by LPL and shall inure solely to the benefit of LPL. You will not, and will not permit any third party, to use the name, logo, trademark, trade name, or other marks of LPL or any of its affiliates directly or indirectly in any manner, including but not limited to any website, advertising or list of representative clients, without LPLs prior written consent which consent may be withheld at LPLs discretion.
8. Confidentiality. In using the Online Services, You will have access to confidential information of LPL and its licensors and suppliers that may include, but is not limited to, software, technology, logic, techniques, formats, tools, designs, concepts, methods, processes, ideas, technical materials and information, and related documentation (Confidential Information). You hereby agree that: (i) all Confidential Information shall remain the property of LPL and its licensors and suppliers; (ii) You will use Confidential Information solely as reasonably necessary to perform your obligations under this Agreement and to use the Online Services as permitted hereunder; (iii) You will not otherwise use and/or disclose Confidential Information to any third party, and (iv) You will maintain and safeguard vigilantly the privacy and security of all Confidential Information, including in accordance with security measures and controls that may be required from time to time by LPL and its licensors and suppliers. Without limiting the foregoing, You hereby agree to undertake all necessary measures to ensure the privacy and security of all Confidential Information including without limitation: (a) not to access, use or disclose any Confidential Information that You have no legitimate authorization to access, use or disclose; (b) not to access the Online Services or any Confidential Information for any other individual or any third party; and (c) to restrict physical and system access to the equipment which contains Confidential Information or which gives access to the Online Services.
9. Warranties; Disclaimers
9.1 Your Warranties. You hereby represent and warrant that on a continuing basis throughout the Term: (i) You will comply with all applicable laws with respect to your access and use of the Online Services; and (ii) You have and will have the right and authority necessary to provide the Customer Data to LPL and grant the rights to LPL to use the Customer Data as set forth in this Agreement.
9.2 Disclaimer of Warranties. NEITHER LPL, ITS AFFILIATES, PARTNERS, SUPPLIERS, OFFICERS, DIRECTORS, EMPLOYEES AND SUCCESSORS AND ASSIGNS, NOR ITS THIRD- PARTY DATA OR SERVICE PROVIDERS, LICENSORS, AND THEIR RESPECTIVE PARTNERS, SUPPLIERS AND AFFILIATES MAKE ANY REPRESENTATION OR WARRANTY, EXPRESSED OR IMPLIED, AS TO THE PERFORMANCE OR RELIABILITY OF THE ONLINE SERVICES OR ANY DATA OR INFORMATION OBTAINED FROM THE ONLINE SERVICES OR WITH RESPECT TO YOUR USE OF THE ONLINE SERVICES OR SUCH DATA OR INFORMATION. YOU EXPRESSLY UNDERSTAND AND AGREE THAT USE OF THE ONLINE SERVICES OR ANY DATA OR INFORMATION OBTAINED FROM THE ONLINE SERVICES IS AT YOUR SOLE RISK. THE ONLINE SERVICES AND ANY DATA AND INFORMATION OBTAINED FROM THE ONLINE SERVICES ARE PROVIDED ON AN AS IS AND AS AVAILABLE BASIS AND LPL DISCLAIMS ALL WARRANTIES OF ANY KIND AS TO THE ONLINE SERVICES AND SUCH DATA AND INFORMATION WHETHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. FURTHER, LPL DOES NOT WARRANT THAT THE ONLINE SERVICES WILL BE ERROR-FREE OR BE PROVIDED (OR BE AVAILABLE) WITHOUT INTERRUPTION OR MEET YOUR BUSINESS OR OPERATIONAL PURPOSES. YOU ARE SOLELY RESPONSIBLE FOR THE USE OF THE ONLINE SERVICES AND ANY OUTCOME OF SUCH USE AND FOR ANY ACTS OR OMISSIONS ASSOCIATED WITH DATA ENTRIES OR SUBMISSIONS MADE BY YOU. FURTHER, YOU ARE SOLELY RESPONSIBLE FOR PROTECTING THE SECURITY OF YOUR DATA AND PROGRAMS ON YOUR SYSTEMS AND FOR PERFORMING REGULAR INDUSTRY STANDARD BACKUPS OF YOUR DATA AND PROGRAMS.
9.3 Blocked Locations. The Online Services are intended for use only in the United States and only in those specific states where LPL is registered notwithstanding that the Online Services may be accessible from anywhere in the world. You acknowledge that it is unlawful to cause LPL to provide services or facilitate transactions for You while You are located in a country or territory where LPL is not registered or where applicable U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury (OFAC) prohibit U.S. persons from providing products or services (each, a Blocked Location). You agree not to use the Online Services to request or obtain any product or service or to order or conduct any transaction at any time when You are located in a Blocked Location. Without limiting any other right of LPL under these Terms, You agree that: (i) LPL shall have the right to reject, refuse, cancel, unwind, delay or postpone the provision of any product or service or transaction requested, obtained, ordered or conducted from a Blocked Location; and (ii) LPL shall not be responsible for any resulting losses, costs, delays or other damages. You acknowledge that, depending on the circumstances, LPL may be required to block property in a transaction involving a Blocked Location and/or report to the U.S. government any transaction rejected or any property blocked when the rejection or blocking relates to a Blocked Location. You agree that LPL shall have the right to block property or to report the blocking of property or rejection of transactions to the U.S. government if it deems in its discretion that it is required to do so.
9.4 No Guarantee of Funds. LPL is not FDIC insured. No bank, state, or Federal guarantee or insurance of funds is provided. LPL does not guarantee any specific future financial results or provide any warranty against financial loss.
9.5 Forward-Looking Statements. The Online Services may contain some forward- looking statements. Certain words, including, without limitation, the words "believe," "anticipate," "expect," "will," or similar words can be used to identify these statements. Users of the Online Services should beware that LPL is not obliged to update or revise these forward-looking statements and, thus, should not rely on the accuracy or validity of these statements. Such information should not be relied upon for the purpose of making any investment decision without the direct guidance of a properly credentialed financial professional.
9.6 Third Party Data, Information, Services, Products, and Technology. The Online Services may allow access to data, information, services, products, and/or technology disseminated by third parties and You hereby acknowledge that LPL and its suppliers and licensors disclaim responsibility for the use, content, accuracy, timeliness, completeness or availability of such third party data, information, services, products, and/or technology and make no warranty concerning such data, information, services, products and/or technology. YOU USE SUCH THIRD PARTY DATA, INFORMATION, SERVICES, PRODUCTS, AND TECHNOLOGY AT YOUR OWN RISK.
9.7 No Advice Provided.The Online Services are provided for informational and/or educational purposes and are not intended to provide tax, legal, investment or other advice, and should not be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security. LPL disclaims and You hereby acknowledge that LPL is not providing investment, tax, legal or other advice through or by providing the Online Services to You.
10. Limitations of Liability. THE MAXIMUM AGGREGATE LIABILITY OF LPL AND ITS SUPPLIERS AND LICENSORS TO YOU OR ANY THIRD PARTY FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THIS AGREEMENT, REGARDLESS OF THE FORM OF SUCH CLAIM, SHALL BE $1,000.00. IN NO EVENT WILL LPL OR ITS SUPPLIERS AND LICENSORS BE LIABLE FOR ANY CONSEQUENTIAL, SPECIAL, INCIDENTAL, INDIRECT OR PUNITIVE DAMAGES, SUCH AS, BUT NOT LIMITED TO, LOSS OF DATA, LOSS OF ANTICIPATED PROFITS OR BENEFITS ARISING OUT OF THE USE, RESULTS OF USE, OR INABILITY TO USE THE ONLINE SERVICES, WHETHER IN CONTRACT, TORT (INCLUDING NEGLIGENCE) OR OTHERWISE, EVEN IF LPL AND ITS SUPPLIERS AND LICENSORS HAVE BEEN ADVISED OF OR OTHERWISE MIGHT HAVE ANTICIPATED THE POSSIBILITY OF SUCH DAMAGES.
11. Indemnification. You shall indemnify, defend and hold LPL and its officers, directors, managers, members, shareholders, employees, licensors, service providers, suppliers, contractors and agents and their successors and assigns (the LPL Indemnitees) harmless from and against any and all losses, liabilities, expenses, damages and costs, including reasonable attorneys fees and expenses, expert witness fees and expenses and court costs, that arise out of your use of the Online Services or any portion thereof, or any information or data derived therefrom. LPL reserves the right at its own expense to assume exclusive defense and control of any matter otherwise subject to indemnification by You and in such case You agree to cooperate with LPL in the defense and/or settlement of such matter.
12.1 No Third Party Beneficiaries; Assignment. These Agreement is made and entered into for the sole protection and benefit of the parties hereto and no other person or entity shall be a direct or indirect beneficiary of, or shall have any direct or indirect cause of action or claim in connection with these Terms. These Terms and the rights and obligations hereunder may not be assigned, delegated or otherwise transferred by You to any third party, by operation of law or otherwise, without the prior written consent of LPL.
12.2 Governing Law. The construction and performance of these Terms will be governed by the internal, substantive laws of the State of California without regard to its choice of law rules.
12.3 Arbitration. The parties agree as follows: (i) all parties to this Agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which a claim is filed; (ii) arbitration awards are generally final and binding; a partys ability to have a court reverse or modify an arbitration award is very limited; (iii) the ability of the parties to obtain documents, witness statements and other discovery is generally more limited in arbitration than in court proceedings; (iv) the arbitrators do not have to explain the reason(s) for their award, unless, in an eligible case, a joint request for an explained decision has been submitted by all parties to the panel at least 20 days prior to the first hearing date; (v) the Panel of Arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry; (vi) the rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases, a claim that is ineligible for arbitration may be brought in court; and (vii) the rules of the arbitration forum in which the claim is filed, and any amendments thereto, shall be incorporated into this Agreement. In consideration of opening one or more accounts for You, You agree that any controversy between You and LPL and/or your representative(s), arising out of or relating to your account, transactions with or for You, or the construction, performance, or breach of this Agreement whether entered into prior, on or subsequent to the date hereof, shall be settled by arbitration in accordance with the rules, then in effect of the Financial Industry Regulatory Authority. Any arbitration award hereunder shall be final, and judgment upon the award rendered may be entered in any court, state or federal, having jurisdiction. You understand that You cannot be required to arbitrate any dispute or controversy nonarbitrable under federal law.
12.4 Injunctive Relief; Jury Trial Waiver. Notwithstanding the foregoing Section 12.3, nothing in these Terms shall prevent either party from applying for and obtaining from a court a temporary restraining order and/or other injunctive relief. Exclusive jurisdiction and venue for any such action is in the [federal and state courts located in California], and both parties hereby consent to such jurisdiction and venue for this purpose. EACH OF THE PARTIES HERETO IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED THEREBY.
12.5 Relationship of the Parties. Each party hereto shall remain an independent contractor and nothing herein shall be deemed to constitute the parties as partners, agents or joint ventures. Further, neither party shall have the authority to act, or attempt to act, or represent itself, directly or by implication, as an agent of the other or in any manner assume or create, or attempt to assume or create, any obligation on behalf of or in the name of the other, nor shall either be deemed the agent or employee of the other.
12.6 Notices; Consent to Electronic Delivery. To the extent permitted by applicable law, notices delivered pursuant to these Terms (Notices) may be sent to You through mail, overnight express delivery, or electronically, at LPLs discretion. Notices will be sent to the postal or electronic address, including without limitation e-mail address or mobile phone number in the case of text (SMS) or multimedia (MMS) messages as applicable (E-Address) shown on your account agreement or at such other postal or E-Address as You may hereafter provide to LPL or your financial representative in accordance with LPL procedures. By providing a telephone number to LPL or to your financial representative, You thereby authorize the receipt of Notices by text (SMS) or multimedia (MMS) messages, which may be sent by your financial representative or by LPL administrative personnel on your financial representatives behalf. If sent electronically, LPL may, at its option, send Notices to You either to your E-Address, or by posting the information on the Online Services and sending a notice to your postal address or E-Address providing instructions for viewing. To the extent permitted by applicable law, Notices will be deemed delivered when sent, whether actually received or not, even if LPL has notice of non-delivery. Notices posted to an online location by LPL will be deemed to be delivered to, and received by, You at the time that the Notice is posted online and available for review. All Notices to LPL must be provided in writing at LPLs postal address and will not be effective until actually received.
12.7 General. These Terms constitute the entire agreement, and supersede all prior negotiations, understandings or agreements (oral or written), between the parties concerning the subject matter hereof (and all past dealing or industry custom). Headings are for convenience of reference only and shall in no way affect interpretation of the Terms. The failure of a party to enforce its rights under these Terms at any time for any period will not be construed as a waiver of such rights. Unless expressly provided otherwise, each right and remedy in these Terms is in addition to any other right or remedy, at law or in equity, and the exercise of one right or remedy will not be deemed a waiver of any other right or remedy. In the event that any provision of these Terms is determined to be illegal or unenforceable, that provision will be limited or eliminated to the minimum extent necessary so that these Terms will otherwise remain in full force and effect and enforceable.
Account View is the easy and effective on-line access to your account information. From within Account View you can view your account balances, positions and transactions.
As a condition to activating Account View services, please read the following and indicate your acceptance below. By indicating acceptance, you agree to follow these Account View Additional Terms and hereby understand, acknowledge and agree:
With the exception of Communications provided pursuant to the Account View Electronic Delivery Terms & Conditions, the account balances, positions and transaction information shown to you by LPL on Account View are for informational purposes only. This data is not intended to replace the LPL periodic statement of activity you receive.
This amount represents the total market value of the priced securities listed in your portfolio. While we make every attempt to gather the most reliable pricing data available, we cannot guarantee the accuracy of such prices. Pricing vendors provide securities prices that they believe to be accurate and reliable. Prices on securities are updated either daily, weekly or monthly, depending on the security type. Since each vendor prices securities at different times of the month, discrepancies may occur. Vendors do not price all securities; therefore, information on certain securities may not be available. Prices are intended as estimates of portfolio value only. Securities which have not been priced are not included in the portfolio value amount. We believe these estimated prices are satisfactory for most portfolio valuation needs. If you require an up-to-the-minute market value, please contact your Financial Representative.
Additional activity may be displayed, reflecting our effort to reverse incorrect information received from vendors, mutual funds, and other investment companies we use for statement information. Access to some information may be limited. As always, please refer to your periodic account statement provided by LPL for accurate information.
Past performance is no guarantee of future results. The market for investments is subject to fluctuation, such that, upon sale an investor may lose a portion of their original investment. Prior to additional investments in funds, please obtain a copy of the prospectus from your adviser. Read it carefully to make sure that the fund is appropriate for your specific investment objectives.
Sales charges and or fees may not be reflected in performance calculations. Indices, such as the S & P 500 may not be invested into directly. Cash equivalents may include money market funds that seek to maintain a $1.00 per share price. There is no assurance that these funds will be able to maintain a stable net asset value of $1.00 per share price.
There may be special risks involved in investing in international securities such as political and economic instability, currency exchange rates and accounting standards. The prices of small company stocks are generally more volatile than those of large company stocks.
Projected interest and dividend amounts, while believed to be accurate, are supplied by outside vendors and are intended to be used only as an estimate of future annual earnings.
"Cost Basis", "Unit Cost", and "Unrealized Gain/Loss" are calculated and displayed on the Portfolio screens when cost basis data is supplied for each tax lot of the position. Unrealized Gain/Loss is calculated using prices which are provided by pricing vendors. We cannot guarantee the accuracy of such prices. This information is not intended to replace the periodic account statement you receive from LPL and should not be used for tax reporting purposes. If you require further information, please contact your Financial Representative.
We may make available to you through Account View a broad range of financial information that we obtain from our agents, vendors, or partners (Third Party Providers). This includes financial market data, quotes, news, analyst opinions, and research reports. Collectively, we refer to this as "Market Information." LPL does not endorse or approve the Market Information, and we make it available to you only as a service and convenience. LPL and our third Party providers do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the Market Information, or (2) warrant any results from your use or reliance on the Market Information. Market Information may quickly become unreliable for various reasons including, for example, changes in market conditions or economic circumstances. Neither LPL nor the Third Party Providers are obligated to update any information or opinions contained in any Market Information, and we may discontinue offering Market Information at any time without notice. You agree that neither LPL nor the Third Party Providers will be liable in any way for the termination, interruption, delay, or inaccuracy of any Market Information. You will not redistribute or facilitate the redistribution of Market Information, nor will you provide access to Market Information to anyone who is not authorized by LPL to receive Market Information. If you are a securities broker, dealer, banker, or investment advisor, you agree not to use the Market Information provided by LPL for any purpose related to your business.
When you use various calculators, planners or questionnaires on our web site, you may be asked for Personal Information in order to complete the requested analysis or evaluation. This information may be retained by the provider of the calculator, planner or questionnaire. Use of such functionality may be subject to additional or separate terms imposed by LPL or third parties.