Acorns Terms of Service

This document governs use of the Acorns platform and its suite of financial services, including brokerage, IRA, banking, and custodial accounts, on the basis of user acceptance constituting a binding contract. The agreement states that users must be at least 18 years old, are subject to mandatory binding arbitration administered by JAMS for all disputes, and waive the right to participate in class action lawsuits; the terms also authorize Acorns to modify services or fees with notice and to suspend or terminate accounts at its discretion. The arbitration and class action waiver provisions are broad in scope and represent a significant limitation on users' legal recourse, though applicable law and regulatory guidance (particularly from the CFPB and SEC) may constrain how these provisions apply in practice, especially for claims arising under federal securities or consumer financial protection statutes. The document engages FINRA and SEC regulatory frameworks given Acorns Securities LLC's registered broker-dealer status, as well as CFPB jurisdiction over the banking and payment products; the multi-product nature of the platform also raises considerations under the Investment Advisers Act, the Bank Secrecy Act, and applicable state money transmission laws. Compliance teams should note the compound structure of the document, which incorporates by reference numerous separate agreements covering specific products, meaning the full scope of user obligations requires review of the broader Acorns legal framework beyond this single terms page.