The Partner Referral Program Disclosure

Thank you for your interest in Acorns!  Below you will find important information about the Acorns partner referral  program for your review and acceptance.  

Acorns Advisers, LLC (“Acorns”) is an investment adviser registered with the U.S. Securities and Exchange Commission (“SEC”). Throughout this Referral Program Disclosure, “Referral Partner” means the Acorns partner whose referral link you accessed, with whom Acorns has a marketing agreement whereby the Referral Partner is compensated for each referral that results in the opening of an investment advisory account with Acorns (“Acorns Account”). This invitation does not constitute a statement of the Referral Partner’s experience with, or endorsement of, Acorns. “Potential New Client” means an individual who has used a link provided by a Referral Partner to open an Acorns Account and who has never opened an Acorns Account before being invited by the Referral Partner to do so.  In addition, this Partner Referral Program Disclosure uses the terms “you,” “your” or “yours” to refer to you in your capacity as a Potential New Client and “we,” “us,” “our” and “ours” to refer to Acorns. As a Potential New Client, you have accessed a link, provided by a Referral Partner, to open an Acorns Account (the “Referral”). “Reward Shares” means ETF Shares or Stocks bought in a purchase in your Acorns Account and funded by Acorns or Acorns Securities, LLC.  Program Agreement means this Acorns Program Client Agreement between Acorns, Acorns Securities, Acorns Pay, and you.


The Acorns Partner Referral Program (the “Partner Referral Program”) is open to all United States legal residents or citizens that currently reside in the United States. Exceptions are made for active Armed Services personnel that maintain a U.S. address and are temporarily overseas in connection with their service.

To open your Acorns Account, use the link provided by the Referral Partner and be sure to also review and accept the terms of the Acorns Program Agreement (the “Program Agreement”), specifically the Investment Advisory Agreement that is set forth in Attachment A thereto. The Program Agreement highlights the fees associated with opening specific tiers of Acorns Accounts, as well as other terms and conditions of the available Acorns Accounts, and should be reviewed carefully. 

Acorns will credit your Acorns Invest Account with Reward Shares only after you have met all eligibility criteria under the terms and conditions, including specific time bound requirements, for the applicable referral promotion, which will vary by promotion.  Please refer to the applicable landing page for the eligibility criteria for this promotion.  

For the avoidance of doubt, in the event you do not otherwise complete the designated registration process for opening an Acorns Invest Account, or such other type of account required (if you are eligible for special promotion containing “Promotion Terms”), in accordance with this Partner Referral Program Disclosure, you will not be eligible to participate in this program or receive a Reward. For purposes of the Partner Referral Program, a deposit of funds shall be considered “complete” once the transaction has fully settled in your account.


Provided all eligibility criteria are met, Acorns will credit your Acorns Account with the amounts and types of Reward Shares that correspond to the portfolio you select during registration and are collectively worth the amount corresponding with terms of the promotional link you accessed.  

Acorns, at its sole discretion, may make available certain promotions, through this Referral Partner or other referral partners, with different Reward Amounts to other Potential New Clients. These promotions, unless offered to you, shall have no bearing whatsoever on your Agreement or relationship with Acorns.

The Referral Partner may receive cash compensation from Acorns. Please note that the compensation paid to the Referral Partner is paid by Acorns and is not paid by you. As a result of the compensation structure, the Referral Partner has an incentive to refer more Referred Clients like you because they may receive more compensation when they do so.

Other Information

Acorns is not responsible for incorrect entry or other failure on your part to meet standards for qualifying for the reward specified hereunder. Acorns reserves the right to either decline to grant the Reward, or to claw back the Reward or any related proceeds in the event that Acorns determines in its sole discretion that there may have been wrongful or fraudulent activity, gaming of the Partner Referral Program, a violation of this Agreement in connection with the referral or the Referral Partner or your Acorns Account, or a violation of the Program Agreement or applicable law.

Offer available to U.S. residents only. Acorns reserves the right to terminate or amend this offer or the Partner Referral Program at any time and to refuse or recover any Reward hereunder if Acorns determines that such Reward was obtained under wrongful or fraudulent circumstances, or you participated in gaming of the Partner Referral Program, or was awarded to you in error, or that you received this offer from Acorns in error, or that inaccurate or incomplete information was provided in opening your account, or that any terms of your Program Agreement, Advisory Agreement, Terms of Use, these terms and conditions, or any other Partner Referral Program terms have been violated. The opening of, and deposits into, Acorns Later, Acorns Early and/or Acorns Checking are not eligible for this rewards program and do not constitute a  new account hereunder.

Acorns reserves the right to determine in its sole discretion whether an account is closed and/or in good standing. An account in good standing for purposes of this rewards program is an account for which all required account opening documentation has been completed and verified, and is not locked, or restricted, or otherwise flagged in any way. If any of your accounts are closed or not in good standing for any reason at any time, any rewards will be forfeited.

The fees associated with your Acorns Account are defined in the Acorns Program Agreement, which you will be required to review and agree to before signing up for an Acorns Account.

Important Risk Disclosures

Investing involves risk including the loss of principal. Please consider your objectives, risk tolerance, and Acorns’ fees before investing. This material has been distributed for informational purposes only and not intended as investment advice.  Investment advisory services offered by Acorns, an SEC-registered investment advisor. Brokerage services are provided to clients of Acorns by Acorns Securities, LLC, an SEC-registered broker-dealer and member FINRA/SIPC.  For more information, visit

Consult with your tax advisor about the appropriate tax treatment for this Reward and any tax implications associated with receipt of the Reward. For taxable accounts, the value of all Acorns offers received may be reported as Other Income on a Form 1099-MISC where required by applicable rules and regulations. Any gains or losses on the sale of the Reward are reported as capital gains or losses. Acorns does not take responsibility for any tax related to this Reward.

Please review a current copy of Acorns’ Form ADV, Wrap Fee Program Brochure, pursuant to Rule 204-3. 

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