Software License Agreement
"Software" is defined as the Intuit computer program with which this Software License Agreement ("Agreement") is included and any updates or maintenance releases thereto. "Trial Software" is defined as a version of the Software that is limited to an evaluation for a specified period of time as determined by Intuit. "Intuit Software" shall mean both Software and Trial Software. The use by you of any services or content accessible through the Intuit Software may be subject to your acceptance of separate agreements with Intuit or third parties. Do not use the Intuit Software until you have carefully read the following Agreement. This Agreement sets forth the terms and conditions for licensing of the Intuit Software from Intuit to you ("you" or "Licensee"), and installing the Intuit Software indicates that you have read and understand this Agreement and accept its terms and conditions. If you purchased this license for the Software or if you are evaluating the Trial Software and do not agree with the terms and conditions of this Agreement, promptly return the Software and accompanying items to the place of purchase within ten (10) days of purchase with a dated receipt for a full refund, or do not use the Trial Software. If the Intuit Software was pre-installed on your computer, CD-ROM disk(s) ("Disk(s)") came packaged with your computer at no extra charge, or you received the Intuit Software free of charge, and if you do not agree with this Agreement, do not use the Intuit Software.
License and Restrictions
A. License Grant for Software
Subject to the terms and conditions of this Agreement, you are granted a limited non-exclusive license to use a copy of the enclosed Software on one (1) computer used by a single household. You may make one (1) backup copy of the Software for your own use. You may transfer your rights in the Software to a third party, or sell the computer on which the Software is installed to a third party, provided you do not keep a copy of the Software for yourself and you or the subsequent Licensee obtain a copy of a Transfer Agreement from Intuit, which will allow the subsequent Licensee to assume your rights as a Licensee of the Software.
B. License Grant for Trial Software
Subject to the terms and conditions of this Agreement, you are granted a limited non-exclusive license to use a copy of the enclosed Trial Software for 30 days after you install the Trial Software on a computer used by a single individual. Thereafter, you may purchase the right to use the Software which license terms are specified herein, by contacting Intuit or your retailer. You may not copy the printed materials or user documentation accompanying the Trial Software if any. BY YOUR USE OF THE TRIAL SOFTWARE, YOU UNDERSTAND AND AGREE THAT AFTER 30 DAYS, YOU MAY NOT BE ABLE TO CONTINUE TO ACCESS AND/OR USE THE TRIAL SOFTWARE OR ANY DATA YOU HAVE ENTERED INTO SUCH TRIAL SOFTWARE UNLESS YOU PURCHASE THE RIGHT TO USE THE SOFTWARE.
You agree not to: (1) make additional copies of the Intuit Software except as provided above; (2) enable others to use your registration code(s) or serial numbers (of any); (3) give copies to another person who has not purchased a license for the Intuit Software from Intuit; (4) install the Intuit Software on computers used by individuals who have not purchased the appropriate licenses for the Software from Intuit; (5) duplicate the Intuit Software by any other means including electronic transmission; or (6) copy the printed materials or user documentation accompanying the Intuit Software, if any. The Intuit Software in its entirety is protected by copyright laws. The Intuit Software also contains the trade secrets of Intuit and third parties, and you may not decompile, reverse engineer, disassemble, or otherwise reduce the Intuit Software to human-perceivable form or disclose such trade secrets. You may not attempt to modify, adapt, translate, rent, sublicense, assign, loan, resell for profit, distribute, or network the Intuit Software, Disk(s), or related materials or create derivative works based upon the Intuit Software or any part thereof.
This Agreement may be terminated by Intuit immediately and without notice if you fail to comply with any term or condition of this Agreement. Upon such termination, you must immediately destroy all complete and partial copies of the Intuit Software, including all backup copies. Intuit shall have the right to change or add to the terms of this Agreement at any time, and to change, discontinue or impose conditions on any aspect of the Intuit Software. Such changes shall be effective upon notification by any means reasonable to give you actual or constructive notice, or upon posting such terms in the Intuit Software, and your continued use of the Intuit Software will indicate your agreement to any such change.
If you are not 100% satisfied with the Software, Intuit's entire liability and your exclusive remedy shall be as follows: (1) If you purchased the Software through a retail store or directly from Intuit, return of the Software within sixty (60) days of purchase to the retail store where purchased with a dated receipt for a full refund (If the retail store is unable to issue a refund, then return the Software with a dated receipt within sixty (60) days of purchase to Intuit Returns, 6060 Nancy Ridge Drive, Suite 100, San Diego, CA 92121-3290 for your refund); or (2) If the Intuit Software was pre-installed on your computer when you bought it, or if Disks came packaged with your computer at no extra charge, and the Intuit Software is defective or was installed improperly, you may be able to obtain replacement Disks from the company that manufactured your computer, by sending your request stating the nature of the problem, plus a copy of your dated receipt for the computer on which the Intuit Software was installed, to the manufacturer of such computer; or (3) If you obtained the Intuit Software by downloading it on your computer, and the Intuit Software did not install properly, contact the provider of the download site.
Disclaimer of Warranties
EXCEPT AS PROVIDED ABOVE, THE INTUIT SOFTWARE, DISK(S), RELATED MATERIALS, CONTENT, AND/OR RELATED SERVICES ARE PROVIDED "AS-IS," AND TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, INTUIT AND ITS SUBSIDIARIES, AFFILIATES, LICENSORS, PARTICIPATING FINANCIAL INSTITUTIONS, THIRD-PARTY CONTENT OR SERVICE PROVIDERS, DISTRIBUTORS, DEALERS OR SUPPLIERS ("REPRESENTATIVES") DISCLAIMS ALL OTHER REPRESENTATIONS AND WARRANTIES, EXPRESS OR IMPLIED, REGARDING THE INTUIT SOFTWARE, DISK(S), RELATED MATERIALS, CONTENT AND ANY SERVICES, INCLUDING THEIR FITNESS FOR A PARTICULAR PURPOSE, THEIR QUALITY, THEIR MERCHANTABILITY, OR THEIR NONINFRINGEMENT. INTUIT DOES NOT WARRANT THAT THE INTUIT SOFTWARE IS SECURE, OR IS FREE FROM BUGS, VIRUSES, ERRORS, OR OTHER PROGRAM LIMITATIONS, INCLUDING BUT NOT LIMITED TO ACCURATE OR UPDATED THIRDPARTY CONTENT, NOR DOES INTUIT WARRANT ACCESS TO THE INTERNET OR TO ANY OTHER SERVICE THROUGH THE INTUIT SOFTWARE. YOU ACKNOWLEDGE AND AGREE THAT YOU MUST: (A) PROVIDE YOUR OWN ACCESS TO THE WORLD WIDE WEB AND PAY ANY SERVICE FEES ASSOCIATED WITH SUCH ACCESS, AND (B) PROVIDE ALL EQUIPMENT NECESSARY FOR YOU TO MAKE SUCH CONNECTION TO THE WORLD WIDE WEB, INCLUDING A COMPUTER AND A MODEM. SOME STATES DO NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES, SO THE ABOVE EXCLUSIONS MAY NOT APPLY TO YOU. IN THAT EVENT, ANY IMPLIED WARRANTIES ARE LIMITED IN DURATION TO SIXTY (60) DAYS FROM THE DATE OF PURCHASE OF THE LICENSE FOR THE SOFTWARE. HOWEVER, SOME STATES DO NOT ALLOW LIMITATIONS ON HOW LONG AN IMPLIED WARRANTY LASTS, SO THE ABOVE LIMITATION MAY NOT APPLY TO YOU. THIS WARRANTY GIVES YOU SPECIFIC LEGAL RIGHTS, AND YOU MAY HAVE OTHER RIGHTS AS WELL, WHICH VARY FROM STATE TO STATE.
Limitation of Liability and Damages
THE ENTIRE LIABILITY OF INTUIT FOR ANY REASON SHALL BE LIMITED TO THE AMOUNT PAID BY THE CUSTOMER FOR THE INTUIT SOFTWARE LICENSED FROM INTUIT OR ITS AUTHORIZED RESELLER. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, INTUIT AND ITS REPRESENTATIVES ARE NOT LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO: DAMAGES FOR LOSS OF BUSINESS, LOSS OF PROFITS OR INVESTMENT, OR THE LIKE), WHETHER BASED ON BREACH OF CONTRACT, BREACH OF WARRANTY, TORT (INCLUDING NEGLIGENCE), PRODUCT LIABILITY OR OTHERWISE, EVEN IF INTUIT OR ITS REPRESENTATIVES HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, AND EVEN IF A REMEDY SET FORTH HEREIN IS FOUND TO HAVE FAILED OF ITS ESSENTIAL PURPOSE, INTUIT AND ITS REPRESENTATIVES' TOTAL LIABILITY TO YOU FOR ACTUAL DAMAGES FOR ANY CAUSE WHATSOEVER WILL BE LIMITED TO THE AMOUNT PAID BY YOU FOR THE INTUIT SOFTWARE. SOME STATES DO NOT ALLOW THE LIMITATION AND/OR EXCLUSION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATION OR EXCLUSION MAY NOT APPLY TO YOU.
Online Banking, Online Payment, Online Investment Account Download, Online Bill Pay, Online Trading, WebConnect, and any other online financial services available through the Internet and selected Intuit products ("Online Services") is provided by your financial institution or other third party, and not Intuit (excluding Quicken Bill Pay).
In the Quicken for Windows version of the Intuit Software, access to Online Services can be through the optional use of the PIN Vault. The PIN Vault allows you to store your designated PINs and Passwords for multiple financial institutions in one place with a Vault Password created by yourself to access your account information. The PIN Vault is designed for high security, but factors such as a well-chosen password, physical security for your computer and proper safeguards when you use a network or the Internet are all important. Because most of these factors are beyond Intuit's control, you agree that Intuit is not liable for safeguarding your PIN data.
You agree not to hold Intuit liable for any loss or damage of any sort incurred as a result of any such dealings with any services provided by your financial institution or other third party. Your access may be limited from time to time, depending on the service provided by your internet service provider or your financial institution or other third party. You may be billed for these Online Services by your financial institution or other third party, not Intuit, and such financial institution or other third party may have its own service agreement which will govern the Online Services it provides. You agree to be responsible for all telephone charges associated with your Internet and online service usage. You may be required to register with Intuit or a third party in order to use Online Services. Your use of Online Services may be subject to additional terms and conditions. All Online Services are subject to change.
The limitations of damages set forth above are fundamental elements of the basis of the bargain between Intuit and you. Intuit would not be able to have provided this product or services without such limitations.
The Intuit Software is a "commercial item," as that term is defined at 48 C.F.R. 2.101 (OCT 1995), consisting of "commercial computer software" and "commercial computer software documentation," as such terms are used in 48 C.F.R. 12.212 (SEPT 1995). Consistent with 48 C.F.R. 12.212 and 48 C.F.R. 227-7202-1 through 227-7202-4 (JUNE 1995), all U.S. Government End Users acquire the Intuit Software (or Licensed Product) with only those rights set forth herein. Intuit Inc., P.O. Box 7850, Mountain View, CA 94039-7850.
You acknowledge and agree that the Intuit Software is subject to restrictions and controls imposed by the Export Administration Act and the Export Administration Regulations ("the Acts"). You agree and certify that neither the Intuit Software nor any direct product thereof is being or will be used for any purpose prohibited by the Acts. You agree and certify that you are not a citizen or permanent resident of the following countries: Cuba, Iran, Iraq, North Korea, Libya, Sudan or Syria.
This Agreement sets forth Intuit's and its Representatives' entire liability and your exclusive remedy with respect to the Intuit Software. You acknowledge that this Agreement is a complete statement of the agreement between you and Intuit, and that there are no other prior or contemporaneous understandings, promises, representations, or descriptions regarding the Intuit Software or any related services. This Agreement does not limit any rights that Intuit may have under trade secret, copyright, patent, trademark or other laws. The Representatives of Intuit are not authorized to make modifications to this Agreement, or to make any additional representations, commitments, or warranties binding on Intuit, other than in writing signed by an officer of Intuit. Accordingly, such additional statements are not binding on Intuit and you should not rely upon such statements. If any provision of this Agreement is invalid or unenforceable under applicable law, then it is, to that extent, deemed omitted and the remaining provisions will continue in full force and effect. No delay or failure on the part of Intuit in the exercise of any right granted under this Agreement, or available at law or in equity, shall be construed as a waiver of such right. The validity and performance of this Agreement shall be governed by California law (without reference to choice of law principles), except as to copyright and trademark matters, which are covered by federal laws. You agree to submit to the jurisdiction of the federal and state courts of Santa Clara County, California and waive any objection to venue in such courts. This Agreement is deemed entered into at Mountain View, California, and shall be construed as to its fair meaning and not strictly for or against either party.
Consumer Information and Privacy
For details about Intuit's privacy policies, please refer to the Quicken Privacy Statement contained in the Intuit Software.
Information About Other Investment Products or Features
Various Intuit products may contain financial information or retirement, financial planning, or investment features. Such information or features are licensed by Quicken Investment Services, Inc. ("QISI"), which is a registered investment adviser and wholly-owned subsidiary of Intuit, or are provided by third parties. Neither Intuit nor QISI has any control over your use of the Intuit Software and related services or financial information. Neither Intuit, QISI nor their Representatives warrant the performance or results that may be obtained by its use. Intuit and QISI do not represent, warrant, or guarantee the accuracy or timeliness of the data contained in the Intuit Software or printed materials and neither Intuit, QISI nor their Representatives shall have any liability of any kind whatsoever to you, or to any other party, on account of any inaccuracies in or untimeliness of the data, or for any delay in reporting such data or corrections to such data contained in the Intuit Software or printed materials. Various information in the Intuit Software constantly changes, and the information in the Intuit Software may not be current or accurate. The Intuit Software should not be used without confirming research from other sources, obtaining up-to-date information, and separate analysis by the user of his or her own particular investment situation. Intuit and QISI do not recommend, guarantee, or represent that the Intuit Software will predict the future performance of investments or securities of any kind. Neither Intuit, QISI nor their Representatives specifically guarantee or represent that analysis of past investment performance can predict future investment performance. Moreover, the Intuit Software does not recommend or endorse any specific investment or any particular mutual fund, nor does the Intuit Software offer customized tax, legal, or investment advice or strategies. Prior to any investment, you should consult professional advisors such as your accountant, attorney, or broker for this advice. For more information regarding QISI, please read the disclosure brochure included below.
QUICKEN INVESTMENT SERVICES, INC. DISCLOSURE BROCHURE
Quicken Investment Services, Inc. ("QISI") is a registered investment adviser. This document provides certain information contained in Part II of QISI's Uniform Application for Investment Adviser Registration ("Form ADV") as of June 2002 and is qualified in its entirety by reference to the Form ADV, as it may be amended from time to time. Information in this Disclosure Brochure has not been approved or verified by any government authority. For a free copy of the current Disclosure Brochure or Form ADV, send a written request to QISI at 2632 Marine Way, P.O. Box 7850, Mountain View, CA 94039-7850, Attn.: QISI Legal Compliance Officer, or call 650-944-6000. In addition, the current Disclosure Brochure can be found at the website www.Quicken.com/support/termsofservice. QISI is a wholly owned subsidiary of Intuit Inc. ("Intuit"). Intuit licenses personal financial, tax and small business software products, including Quicken Basic, Quicken Deluxe, Quicken Premier and Quicken Home and Business software (collectively, "Quicken"). QISI offers personal financial software and tools, including certain features relating to investments and securities that are incorporated into Intuit's Quicken products and/or available through Intuit's Quicken.com personal finance website (the "QISI Features" and collectively with Quicken, the "Products"). In some instances there are several versions available for a particular Product (such as Quicken for Macintosh, Quicken Deluxe for Windows, etc.). The descriptions of features for any Product set forth below generally relate to the most comprehensive and most recent version of the Product unless otherwise indicated. Although some features of the Products might be considered to constitute investment advice in a general sense, the information in this Disclosure Brochure does not imply that QISI recommends any particular security or offers any advice regarding the potential value or merits of any particular security or investment transaction. The Products are made available to end users pursuant to license agreements that contain various disclaimers and limitations.
Advisory Services and Fees; Types of Clients.
Certain features of the Products provide charts, graphs, formulas and other devices (primarily information prepared by third-party sources) that may assist users in evaluating securities or categories of securities, and may furnish advice to users on matters not involving securities, in the manner described below. QISI has no basis for assigning percentages or allocating product revenues among the specific features or services provided by these Products because it has no information regarding the frequency of use by customers of any particular features of these Products. The Products are generally licensed to individual users.
The Products include various features and tools that allow users to access a broad range of investment-related and financial planning topics, including asset allocation, investment strategies, selecting stocks, bonds and mutual funds, investing for retirement, and college planning. For example, a user can create a personal financial and retirement plan, based on the user's current financial profile and the user's stated financial and retirement goals. As part of this process, users can access asset allocation guidelines and sample asset allocations created for QISI by third parties, along with historical statistical data, information and comparisons relating to various types of investment asset classes, to suggest a general asset allocation for the user (allocated among basic asset categories) based on the user's desired rate of return. Apart from services provided by QISI, Intuit may publish investment information and commentary, prepared internally or by third parties, not involving the presentation of personalized investment advice.
The Products also include mutual fund evaluation tools that provide current and historical data on specific funds and permit users to locate mutual funds that meet certain criteria (such as certain levels of risk and rates of return, loads and expenses) specified by the user. Users with Internet access also have the ability to view and track on-line news, research reports, stock price quotes and other information available from wire services, stock quotation services and other third parties. Some content provided through the Products is made available by Intuit and/or QISI, some is provided by third parties under a license to Intuit and/or QISI, and some is provided through links from Quicken.com to other web sites.
Quicken and Quicken.com provide a variety of information and services that do not involve securities. Quicken's primary function is to assist users in tracking and organizing income and expenses, assets and liabilities and other financial information, preparing budgets and forecasts, and paying bills electronically. Quicken and Quicken.com also have features that allow users to calculate and analyze their net worth, to develop a plan for reducing debt and to obtain generic advice on financial topics not involving securities, such as budgeting, mortgages and home ownership, taxes, college planning and planning for "life events" such as marriage, divorce and having children.
Quicken is licensed to end users (directly and through indirect distribution channels) at license fees which are currently under $100. Fees for Products licensed directly from QISI or Intuit are non-negotiable. QISI does not know whether license fees charged by retailers are negotiable. License fees are paid before the licensee uses a Product. If a user is not satisfied with a Product for any reason, the user may return the Product (along with a dated receipt) for a full refund within 60 days of purchase. Quicken.com users do not currently pay any fees to access Quicken.com (except for fees paid to phone companies and/or Internet service providers).
Types of Investments; Methods of Analysis, Sources of Information and Investment Strategies.
Certain features of the Products may provide information with respect to the following: exchange-listed and over-the-counter securities; foreign issuer; warrants; corporate debt securities; commercial paper; certificates of deposit; municipal securities; mutual fund shares; investment company securities (including variable life insurance, variable annuities and mutual fund shares); U.S. government securities; options contracts with respect to securities and commodities; futures contracts with respect to tangibles and intangibles; interests in partnerships investing in real estate, oil and gas interests and other interests; and other types of investments. As a method of analysis, certain features within the Products use asset allocation guidelines and sample asset allocations created for QISI by third parties, along with historical statistical data relating to various types of investment asset classes, to suggest a general asset allocation for the user (allocated among basic asset categories), based on the user's desired rate of return. As a method of analysis, the mutual fund evaluation tool uses selection criteria specified by the user (such as certain levels of risk and rates of return, loads and expenses), along with historical mutual fund data, to identify mutual funds in a third-party mutual fund database that meet the user's designated criteria. As part of implementing a financial plan prepared through use of the Products, a user might engage in securities purchases that are long term (held for at least a year) or short term (sold within a year).
Education and Business Standards; Education and Business Background.
QISI generally requires each of its principal executive officers (identified below) and directors to have a college degree from an accredited university and, depending on the individual's particular responsibilities, to have held relevant work experience.
Dasha Y. Grafil, born in 1951, has been President of QISI since December 1996 and was Vice President of QISI from March 1995 to December 1996. Ms. Grafil has been Director of Corporate Business Development for Intuit's Quicken.com site since November, 2000, Director of Partner Relationships for the site since January 1998, and was a Group Product Manager in Marketing for Intuit from March 1995 to January 1998. From November 1989 to February 1995, Ms. Grafil served as a Managing Director of Charles Schwab & Co. Ms. Grafil has an M.B.A. and a B.A. in business management from San Francisco State University.
Greg J. Santora, born in 1951, has been the Vice President of QISI since October 2000 and the Treasurer of QISI since January 1998. He also is director of Investment Solution Inc., an Intuit subsidiary. Mr. Santora has also been Intuit's Chief Financial Officer since July 1997 and has served as an Intuit Senior Vice President since March 1999. He was a Vice President of Intuit from November 1996 to March 1999. He joined Intuit as Corporate Controller in January 1996. From 1983 to 1995, Mr. Santora held a variety of senior financial positions at Apple Computer, Inc., including Senior Finance Director of Apple Americas from May 1992 to January 1996 and Director of Internal Audit from May 1991 to May 1992. Mr. Santora, who is a certified public accountant, holds a Bachelor of Science degree in accounting from the University of Illinois and a Masters in Business Administration from San Jose State University.
Virginia R. Coles, born in 1957, has been the Compliance Officer and an Assistant Secretary of QISI since August 1996. She has also been an Assistant General Counsel of Intuit since July 1996. Prior to joining Intuit, Ms. Coles was Assistant General Counsel (from January 1994 to July 1996) and Associate General Counsel (from December 1992 to December 1993) at Ampex Corporation, and from April 1988 to December 1992, she was a corporate and securities associate with the law firm of Fenwick & West. Ms. Coles has a J.D. from Stanford Law School and an A.B. in psychology from Stanford University.
Other Business Activities; Other Financial Industry Activities or Affiliations; Participation or Interest in Client Transactions.
The principal business of QISI and its principal executive officers is to develop, license, market and distribute software and to provide personal finance information on the Internet, and QISI's principal products are personal financial software products and services. It is estimated that QISI and its principal executive officers spend approximately 75% of their time involved in activities that are not related to investments.
Other than its registration as an investment adviser, QISI is not engaged in any financial industry activities and does not have material arrangements with related parties that are engaged in such activities. However, QISI is affiliated with Investment Solution Inc. ("ISI"), which is an Intuit subsidiary that currently has an application pending to register as a securities brokerdealer. Intuit and ISI have entered into an arrangement with Muriel Siebert & Co., Inc. ("Siebert") under which Siebert offers brokerage services under the "Quicken Brokerage powered by Siebert" name. In consideration for this arrangement, Siebert will pay, subject to ISI's registration as a broker-dealer, ISI compensation based on revenues Siebert receives for such brokerage services. Neither QISI, ISI nor Intuit will act as broker-dealer, or have any responsibility or liability, in connection with brokerage accounts or any customer transactions. Brokerage services will be provided by Siebert and its agents. QISI also is affiliated with Quicken Loans Inc., which is an Intuit subsidiary and is a licensed mortgage lender under the mortgage regulations in various jurisdictions ("QLI"). QLI provides mortgage lender products and services, including those available on its Quicken Loans Web site, and may receive compensation in connection with certain mortgage products and services. QISI may identify mortgages as a category of financial products for a user's consideration and, in this connection, may identify QLI as a source of information. In addition, QISI is affiliated with Title Source, Inc., which is an Intuit subsidiary and is a licensed insurance agent under the insurance regulations in various jurisdictions. Title Source makes title insurance and settlement services available to its customers, including QLI customers.
Although the features and tools made available through the Products are not designed to provide personalized recommendations, the Products may contain information about securities that related persons of QISI from time to time buy or sell or in which they have a position or financial interest. Trading in securities generally is subject to QISI and Intuit's policies and procedures with regard to personal securities transactions. In addition, Intuit has entered into an arrangement with the Principal Life Insurance Company ("Principal") to market certain of Principal's retirement plan products and services under the "QuickBooks Retirement Solutions" name. In consideration for this arrangement, and subject to applicable legal restrictions, Intuit or its affiliates receive compensation from Principal with regard to the retirement products and services made available. Neither QISI, ISI nor Intuit will act as broker-dealer, or have any responsibility or liability, in connection with the securities offered or any securities transactions relating to the QuickBooks Retirement Solutions. Securities are offered through Principal and its affiliates.
Conditions for Managing Accounts; Review of Accounts.
QISI does not manage investment accounts and does not impose any conditions, such as a minimum value of assets, on users of the Products. QISI does not generate or have access to any user accounts and, accordingly, does not review any such accounts or provide any reports to users with respect to any such accounts. QISI does not review, or provide reports with respect to, any financial plans prepared by users with the assistance of the Products.
Investment or Brokerage Discretion.
QISI does not have the authority to determine on behalf of users of the Products the timing and amount of securities purchases or sales, the broker or dealer to be used for such transactions or the commission rates to be paid. QISI does not recommend any broker, including Siebert, to a particular user. However, Quicken.com and Quicken will include advertising featuring the "Quicken Brokerage powered by Siebert" service and links to the Siebert website. In addition, many financial service providers, including but not limited to brokers, advertise on Quicken.com and within Quicken, and most advertisers provide direct links from Quicken.com or Quicken to their websites. Quicken.com and Quicken encourage their users to patronize their advertisers and sponsors, including Siebert, generally. Intuit has relationships with numerous brokers that give Quicken software users and Quicken.com users direct access to the participating brokers' web sites, and enable Quicken users to download brokerage account information into their desktop Quicken products.
QISI believes that neither QISI nor any related person have any arrangements, oral or in writing, where it (a) is paid cash by or receives some economic benefit (including commissions, equipment or non-research services) from a non-client in connection with giving advice to clients; or (b) directly or indirectly compensates any person for client referrals. However, Intuit or its affiliates, receive advertising, sponsorship and marketing or other fees from third parties, including brokers like Siebert, that have a presence on Quicken.com and/or in Quicken. Also, Intuit has relationships with numerous third parties pursuant to which Intuit pays such third parties to help increase traffic to the Quicken.com site. Depending on the particular arrangement, Intuit may pay a flat fee, a portion of advertising, payments based on page views or site visits by Quicken.com users and, subject to applicable legal restrictions, transaction-based revenues generated by the website. In addition, Intuit receives lead/referral fees from mutual fund companies participating in the mutual fund area of Quicken.com. QISI may, apart from its investment advisory services described in this document, refer persons to providers of investment advisory services that pay referral fees to QISI. The referral fees paid to QISI under these arrangements may be based on a percentage of the investment advisory fees paid by referred persons to these providers and will, to the extent required by applicable law, be described in detail at the time of any referral. QISI is not providing investment advice with regard to these referral arrangements.
Intuit, the Intuit Logo, Quicken, QuickBooks, TurboTax, Quicken Loans, and QuickBase, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries. Quicken.com, Quicken Brokerage, and QuickPayroll, among others, are trademarks and/or service marks of Intuit Inc. in the United States and other countries. Siebert is a trademark and/or service mark of Muriel Siebert & Co., Inc.
Microsoft and Microsoft Internet Explorer are trademarks or registered trademarks of Microsoft Corporation in the United States and other countries. KeyHelp ActiveX control copyright © 2002, Keyworks Software/Work Write, Inc. All rights reserved. Quicken contains the GAlib algorithm package by Matthew Wall. Copyright © 1995-1996 Massachusetts Institute of Technology and Copyright © 1996-1999 Matthew Wall. All rights reserved.
RSA Digital Signature and the RSA Logo are trademarks or registered trademarks of RSA Data Security, Inc. in the United States and other countries.
Quicken contains Macromedia Shockwave Player and Macromedia Flash Player software by Macromedia, Inc., copyright © 1995- 2001 Macromedia, Inc. All rights reserved. Macromedia, Shockwave, and Flash are trademarks or registered trademarks of Macromedia, Inc., in the United States and other countries.
All other product names, company names, trademarks and service marks are the property of their respective owners and should be treated as such. Some names, company names, and data used in examples and help content are fictitious and are used for illustration purposes only. Any resemblance of fictitious data to a real person or company is purely coincidental.
Features, Services, Terms, and Conditions
All features, services and any terms and conditions are subject to change without notice. Online financial services, including, but not limited to, online account services, online banking, online investing, transaction download, online payment, online bill presentment, and online tax preparation, whether offered by Intuit or third parties, are available only in the United States and require Internet access. These services may vary from participating financial institutions and may be subject to application approval, terms, conditions, and additional fees.