Not your investment adviser.

1. We’re not your investment adviser

We’re not registered with the SEC. We’re not registered with any state securities regulator. We’re not a broker-dealer. We don’t manage anyone’s money. We don’t execute trades. We don’t have your account credentials, your password, or any way to move dollars around. We’re software, not a person looking at your specific situation.

2. What GlidePath actually does

Same set of calculations, available to every customer, run against numbers you choose to enter. The math is the math; what changes is what you type in.

• Retirement projections — including the Monte Carlo simulator — are arithmetic on assumptions you provide: return rate, volatility, inflation, contribution amount, retirement age. We don’t know whether your assumptions match your real life.
• Roth conversion modeling shows the tax cost of an amount you might convert at a rate you pick. It’s a calculator, not a recommendation.
• Balance-transfer cascading simulator shows “if you cleared this BT, here’s the future-value impact on retirement.” Same arithmetic everyone gets.
• Holdings + asset allocation show the composition of positions you entered. Prices come from a public source (Yahoo Finance, proxied through our Worker so the lookup carries no identity data). We don’t pick what you should hold.
• Glide AI helper explains concepts (“what is a Roth conversion?”, “why is this Monte Carlo range so wide?”). It’s explicitly scoped away from personalized recommendations. It never sees your data.

3. What GlidePath deliberately doesn’t do

• Recommend specific stocks, funds, ETFs, or investment products
• Tell you what to do with your money beyond educational context
• Buy or sell anything for you
• Manage anyone’s portfolio — we have no discretionary authority over any account
• Owe you a fiduciary duty — we’re not in an advisory relationship with you

4. The legal version (for the curious or the lawyer reading this)

The main idea is the publisher’s exclusion. In Lowe v. SEC, 472 U.S. 181 (1985), the Supreme Court drew a line: publications that hand the same impersonal information to a broad audience aren’t “advising” anyone in the regulatory sense — they’re publishing. GlidePath sits on the publishing side of that line. Every customer gets the same calculations, the same logic, the same explanations; what comes out depends entirely on the assumptions and numbers you type in.

One thing we’re deliberately not doing: leaning on the SEC’s Internet Investment Adviser Exemption as a free pass. That rule is a registration framework for actual digital advisers — not a safe harbor for consumer software, and we don’t treat it as one. And if GlidePath ever crosses into real advice — personalized recommendations, managed portfolios, account-specific trade instructions, human advisor support, or anything that tells a specific person what to buy or sell — that feature doesn’t ship until a securities lawyer has signed off.

If anything in the app, the marketing site, or a support reply reads to you like it crossed the line into personalized advice, that wasn’t the intent and you shouldn’t treat it as such — tell us and we’ll fix it.

5. The decisions are yours

You’re responsible for what you do with the numbers. Specifically:

• Whether to invest, how much, in what
• How to allocate, when to rebalance, how much to contribute
• Whether to convert a Roth, and how much
• When to retire and how to draw down
• Whether to pay down debt or invest the cash
• Whether to take that balance-transfer promo

For decisions that genuinely move your future, talk to a real person: a CFP®, a fiduciary investment adviser (SEC- or state-registered), a CPA or enrolled agent for the tax side, an attorney for things like estate planning. We’re a tool. They give advice.

No reliance, no advisory relationship. By using GlidePath you agree not to treat its output as a substitute for personalized advice from a qualified professional, and you accept that using it doesn’t create an advisory or fiduciary relationship between you and us. Nothing the app shows you is a recommendation to take — or not take — any specific action with your money.

6. About the numbers

Past performance doesn’t predict future results. Projections are math on the assumptions you provide; actual outcomes will differ, sometimes a lot. The Monte Carlo range shows uncertainty in the model — not all the uncertainty in the world. Markets do things outside the modeled range. They have before; they will again.

7. Limits on our liability

To the maximum extent the law allows, we’re not on the hook for financial loss, missed opportunity, tax consequence, or other damage tied to decisions you make based on the app’s output. The full liability framework is in the EULA §9 and Terms §8.

Contact

Questions about this disclaimer or how it applies to a feature you’re using: [email protected] or [email protected].