User Referral Program
Empower Personal Wealth, LLC (“Empower”), in its sole discretion, may offer a User Referral Program (the “User Referral Program”) that allows users (“Referring User(s)”) of the Empower Personal Dashboard (“Dashboard”) to receive benefits in the form of referral incentives (“User Incentive(s)”) by referring friends (“Referred Friend(s)”) to become new users of the Dashboard.
Eligibility
Eligible Referred Friends may also receive User Incentives. To the extent offered by Empower, to qualify for User Incentives, a Referred Friend must sign up for the Dashboard through the individualized referral link provided to the Referring User. The Referred Friend must connect at least one valid investment account (e.g., brokerage, 401k or IRA) containing a balance of more than $1,000 U.S. Dollars within 30 days of registering for the Dashboard. Referred Friends must agree to Empower’s Terms of Use and the terms and conditions of the User Referral Program as described in this Section. Accounts that do not qualify as valid investment accounts include bank, credit or debit card, Paypal, Stash, Acorns, Kapitall, Groundfloor, WageWorks HSA, Coinbase, digital currency exchanges, and manual investment accounts.
The User Referral Program is only available to friends who are first-time users of the Dashboard and link a valid investment account as described in this Section. Investment accounts that have previously been linked to any Empower user account are ineligible. Empower user accounts that have previously been closed or deleted are also ineligible.
User Incentives
If a Referred Friend successfully completes the required enrollment process as described in this Section, both the Referring User and the Referred Friend will qualify to receive User Incentives. User Incentives may include offers for gift cards, Empower Cash funds, physical goods, access to live or online events, or donations to organizations. The scope, variety, type, or amount of User Incentives may change and vary by promotion and will be disclosed in promotional materials. User Incentives may be delivered by physical mail or electronically to the registered emails of Referring Users and Referred Friends. Empower employees are not eligible to receive User Incentives.
Promotions offered through the User Referral Program are not valid with any other offers. Except as required by law, User Incentives cannot be transferred for value or redeemed for cash. The User Referral Program is available only to U.S. residents. User Incentives are void where prohibited. Unless otherwise specified, third parties, including those whose names may be associated with certain User Incentives, are not sponsors of the User Referral Program or any other Empower promotion or offer.
User Referral Program Additional Terms
Referring Users may not receive more than 30 User Incentives in 30 days and may not receive more than 100 total lifetime User Incentives.
Referring Users and Referred Friends may be issued IRS Form 1099-MISC tax forms for User Incentives that collectively exceed $600 in value. As a result of participating in the User Referral Program, Referring Users and Referred Friends may be subject to tax reporting and are responsible for tax obligations arising from the receipt of User Incentives.
Referring Users agree not to: use individualized referral links for commercial purposes; make individualized referral links available to the general public via commercial websites (e.g., blogs, Reddit, Craigslist, coupon websites, Wikipedia); use paid social media, paid searches, or any other paid advertising to distribute individualized referral links; send individualized referral links to any deals, coupon, bonus, or rewards email distribution lists; spam anyone with referral invitations, including mass emailing, texting, or messaging individuals that the Referring Users do not know; or use automated systems, bots, or programmed scripts to distribute, post, or share individualized referral links. To the extent a Referring User violates this paragraph, the User Referral Program is void and the Referring User and Referred Friend(s) are not eligible for User Incentives.
Empower is not responsible for incorrect entries of information, failure to use a Referring User’s individualized referral link, or any other failure on the part of Referred Friends to meet the standards for qualifying for User Incentives. Using an ad blocker may adversely affect Empower’s ability to determine account eligibility for the User Referral Program. Final determination of eligibility for promotions offered by the User Referral Program will be at the sole discretion of Empower.
Individuals who participate in Empower’s Affiliate Program may not participate in the User Referral Program.
Empower reserves the right to terminate any promotions associated with the User Referral Program at any time and to refuse or recover any User Incentive if Empower determines that the User Incentives were obtained under wrongful or fraudulent circumstances, that inaccurate or incomplete information was provided by the Referred Friend in opening an account with the Dashboard, that any rules or regulations have been or would be violated, or that any Terms of Use or Referral Program Terms have been violated. Empower reserves the right to review and investigate referral activities and suspend user accounts or modify referrals at Empower’s sole discretion.
Empower may update the terms of the User Referral Program at any time without prior notice. If Empower modifies the terms of the User Referral Program, it will post the modified Referral Program Terms on Empower’s website, which will become effective upon posting. Continued participation in the User Referral Program after any modification will constitute consent to such modification.
Client Referral Program
Empower Advisory Group, LLC (“EAG”), in its sole discretion, may offer a Client Referral Program (the “Client Referral Program”) that allows clients enrolled in EAG’s wealth management services (“Clients”) to receive benefits in the form of referral incentives (“Client Incentive(s)”) by referring new investment clients (“Referred Client(s)”) to become EAG Clients.
The Offer
EAG is offering three months of free advisory services to Clients who refer Referred Clients to EAG with an account balance of $250,000 or more (“minimum qualifying account balance”). Once the Referred Client is verified, signs up for EAG’s advisory services with the minimum qualifying account balance, and begins trading, the Client and Referred Client each receive the three free months’ Client Incentive, which begins the following calendar month and continues each of the 3 months thereafter.
Upon qualifying, Clients and Referred Client(s) will receive the Client Incentives through a promotional fee waiver applied to the EAG account each of the 3 consecutive months. The Client’s account will not be charged an advisory services fee during the entirety of the promotional period.
Eligibility and Qualifications
All cash, eligible securities, and/or margin debit balance transfers from external sources will be valued at the time those assets are received into the Referred Client’s account. Account holders must maintain the minimum qualifying account balance (minus any losses related to trading or market volatility, or margin debit balances) with EAG during the term of the three-month free period. Assets enrolled in Personal Strategy+ do not count towards the minimum qualifying account balance. Empower employees are not eligible to receive Client Incentives.
Client Referral Program Additional Terms
EAG reserves the right to modify these terms and conditions or terminate this Client Referral Program at any time. This offer is not transferable, not valid with internal transfers and may not be combined with other offers. You are encouraged to consult with your own professional tax advisor or other professional to discuss appropriate tax reporting requirements.
EAG is a registered investment adviser with the Securities and Exchange Commission (“SEC”). SEC registration does not imply a certain level of skill or training. Investing involves risk. Past performance is neither a guarantee nor indicative of future returns. The value of your investment will fluctuate, and you may lose money. Advisory services are offered for a fee by EAG, a wholly owned subsidiary of Empower Services Holdings US, LLC.
Disqualification:
Because you may be compensated with free months of advisory services in relation to this promotion, you must confirm that you are not disqualified from giving a paid Testimonial under standards set forth by the SEC. By participating in this promotion, you attest that you have never been the subject of any SEC opinion or order barring, suspending, or prohibiting you from acting in any capacity under federal securities laws nor subject to a finding, order, or conviction by a United States court, the SEC or any financial regulatory agency. You agree to notify EAG if you become disqualified by any of the above provisions at any time.