Disclosures

Quick summary. Read the full policy below for the complete terms.

Document owner

FinSync LLC (operating as Raintree Technology) legal and compliance team.

Contact + response

Email hello@betteroff.finance with questions about these disclosures. We respond within 5 business days.

Is BetterOff a bank?

No. We don't hold, move, or manage your money. BetterOff has read-only access to external financial accounts.

Is this financial advice?

No. Everything in BetterOff — market data, analytics, AI insights — is informational only.

Who controls my accounts?

You do. BetterOff has read-only access. Your accounts stay with their providers.

Can I trust the AI?

Use it as a starting point. AI can make mistakes — always verify and consult a professional for decisions.

Last revised

June 3, 2026

BetterOff is a financial data aggregation, analysis, and reporting platform operated by FinSync LLC (operating as Raintree Technology). BetterOff is not a bank, broker-dealer, investment adviser, tax preparer, money transmitter, or crypto-asset service provider. To the extent privacy or security laws treat data aggregators as financial institutions for limited compliance purposes, those obligations are addressed in our Privacy Policy and Security Practices.

• BetterOff does not hold, custody, or transfer funds on behalf of users. All financial accounts remain with their respective institutions.
• BetterOff cannot initiate transfers, trades, deposits, withdrawals, or account changes at your connected institutions. In-product AI write tools are disabled for public launch. If later enabled with explicit user authorization, they can only update BetterOff records such as categories, notes, budgets, goals, and rules.
• Accounts and balances displayed in BetterOff are not insured by the FDIC, SIPC, or any government agency through BetterOff. Insurance coverage, if any, is provided by the underlying institution where your accounts are held.
• BetterOff does not endorse, recommend, or guarantee any financial institution, product, or investment strategy.
• Under the EU Markets in Crypto-Assets Regulation (MiCA), BetterOff is not a Crypto-Asset Service Provider (CASP). We do not offer custody, trading, exchange, transfer, or advisory services for crypto-assets. BetterOff is a read-only external-account data aggregation tool.

All financial activities involve risk, including the potential loss of principal. Cryptocurrency and digital assets are highly volatile and may lose all value. Past performance does not guarantee future results. You are solely responsible for your financial decisions.

Market quotes, asset prices, portfolio analytics, charts, and other financial data displayed within BetterOff are provided for informational purposes only and do not constitute financial, investment, tax, or legal advice.

• Market data may be delayed, estimated, or sourced from third-party providers. Equity and fund price timing depends on the connected provider or institution and may be delayed. Cryptocurrency prices may vary across providers. BetterOff does not guarantee the accuracy, completeness, or timeliness of any data displayed.
• Past performance of any asset, portfolio, or strategy is not indicative of future results. All investments carry risk, including the potential loss of principal.
• Tax calculations, cost basis reports, and deduction estimates are approximations based on available data. They are not a substitute for professional tax advice or preparation by a qualified tax professional.
• Brokerage tax lots, corporate actions, wash-sale treatment, and complex instruments such as options or futures may be incomplete unless a BetterOff screen explicitly marks that data as supported for your institution. Your brokerage statements and tax forms remain the source of truth.
• Users should independently verify any information before making financial decisions and consult with qualified professionals as appropriate.

Cryptocurrency Tax Information

BetterOff provides tools to help you organize and review cryptocurrency transaction data, including cost basis tracking and gain/loss estimates. These features are informational aids, not tax preparation services.

• Beginning with the 2025 tax year, centralized exchanges are required to issue IRS Form 1099-DA for certain digital asset transactions. BetterOff does not generate or file any IRS forms on your behalf.
• Under IRS Revenue Procedure 2024-28, taxpayers must track cost basis on a per-wallet and per-account basis. BetterOff's cost basis reports are estimates based on available data and may not reflect your complete tax position.
• BetterOff does not file taxes on behalf of users and is not a registered tax preparer or tax advisor.
• You should consult a qualified CPA or tax professional for cryptocurrency tax matters, especially for complex scenarios involving DeFi, staking rewards, airdrops, or cross-chain transactions.

BetterOff connects to external financial services to aggregate your data. These integrations include banking and brokerage connections (via Plaid and SnapTrade), cryptocurrency exchanges, public-wallet infrastructure such as Alchemy and Zerion, and blockchain networks.

• BetterOff does not control and is not responsible for the availability, accuracy, security practices, or terms of service of any third-party provider.
• Data retrieved from third-party services is presented as-is. Discrepancies betweenBetterOff and your institution's records should be resolved by referencing official account statements.
• By connecting an account through a third-party provider, you are also agreeing to that provider's terms of service and privacy policy (for example, Plaid's End User Privacy Policy; you can also review and manage Plaid-connected data through Plaid Portal).
• Brokerage connections through SnapTrade are requested in read mode. BetterOff does not request order-placement or transfer authority, and BetterOff does not provide trading, execution, investment advisory, or broker-dealer services.
• Crypto exchange API keys must be created with read-only/view-only permissions. Where an exchange supports it, withdrawal and trading permissions should be disabled and IP allowlisting should be enabled in the exchange account settings.
• Wallet connections are watch-only. BetterOff reads public address activity through infrastructure providers such as Alchemy, Zerion, Helius, and Blockstream and cannot sign blockchain transactions.
• Service interruptions, API changes, or provider outages may temporarily affect data availability within BetterOff. These events are outside of our control.
• Blockchain data (wallet addresses, transaction hashes, and on-chain balances) is inherently public and immutable. Connecting a wallet address to BetterOff does not change the public nature of that data on the blockchain. Deleting your BetterOff account removes the association within our systems but does not affect on-chain records.

For details on how we handle data from integrations, see our Privacy Policy and Security Practices.

BetterOff offers AI-powered analysis, insights, and a conversational assistant to help you understand your financial data. These features are tools for exploration and education, not professional advice.

• AI requests are routed through the Vercel AI Gateway to API-based LLM providers. The primary provider is Anthropic; OpenAI may be used for configured fallback routing or other provider-enabled features. The selected provider receives your prompt, a limited request-scoped context summary, any narrower tool results needed for the answer, and a one-way pseudonymous BetterOff user identifier as abuse-prevention metadata.
• If you connect BetterOff to a third-party AI client through MCP, that client receives the read-only tool outputs you request within the scopes you approve. The third-party client's own terms and privacy policy also apply.
• External MCP assistant tools are read-only. They cannot move money, change connected institution accounts, or modify BetterOff account state.
• AI outputs are probabilistic, not deterministic. Responses, insights, and suggestions may contain errors, omissions, hallucinations, or mathematically incorrect summaries. They should not be relied upon as the sole basis for any financial decision.
• The AI assistant is not a licensed financial adviser, tax professional, or legal counsel. Its outputs do not constitute a fiduciary relationship and should not be read as instructions to buy, sell, hold, trade, transfer, harvest losses, change insurance coverage, or take any other financial or tax action.
• AI features analyze data available within your BetterOff account and may not reflect your complete financial picture. Always verify AI-generated figures against your official account statements.
• Ask AI transcript history is not retained as a user-browsable archive. Prompts and outputs are processed for the current request, while persistent replay/export of prior chat transcripts is disabled.

Always consult a qualified professional for personalized financial, tax, or legal advice.

If you have questions about these disclosures, contact us at hello@betteroff.finance or visit our Contact page.