TERMS OF SERVICE

IMPORTANT NOTICE: PLEASE READ THESE TERMS OF SERVICE CAREFULLY BEFORE USING THIS WEBSITE. BY ACCESSING OR USING THIS WEBSITE, YOU AGREE TO BE BOUND BY THESE TERMS. IF YOU DO NOT AGREE TO THESE TERMS, DO NOT USE THIS WEBSITE. THESE TERMS INCLUDE A MANDATORY ARBITRATION PROVISION AND CLASS ACTION WAIVER THAT AFFECT YOUR LEGAL RIGHTS.

 

1. ACCEPTANCE OF TERMS

These Terms of Service ("Terms") constitute a legally binding agreement between you ("you", "your", or "User") and Goldman Fischer Development Co. LLC ("we", "us", "our", or "Company"), a Pennsylvania limited liability company and registered investment adviser, governing your access to and use of the website located at www.goldmanfischer.com (the "Site") and all related content, features, and services. By accessing, browsing, or using the Site in any manner, you acknowledge that you have read, understood, and agree to be bound by these Terms and all applicable laws and regulations. If you do not agree to these Terms, you must immediately cease all use of the Site.

You represent and warrant that you are at least 18 years of age and have the legal capacity to enter into these Terms. If you are accessing the Site on behalf of an entity, you represent and warrant that you have the authority to bind that entity to these Terms. We reserve the right to modify, amend, or update these Terms at any time without prior notice. Your continued use of the Site following any changes constitutes your acceptance of the revised Terms. The "Effective Date" above indicates the date these Terms were last updated.

2. DEFINITIONS

For purposes of these Terms: "Site" means the website www.goldmanfischer.com and all subdomains, pages, content, and services accessible through it. "Content" means all text, graphics, images, logos, data, information, software, and other materials available on or through the Site. "Services" means any information, tools, calculators, newsletters, or other features provided through the Site. "User", "you", or "your" means any individual or entity that accesses or uses the Site. "Company", "we", "us", or "our" means Goldman Fischer Development Co. LLC, a registered investment adviser.

3. NO ADVISORY RELATIONSHIP CREATED BY WEBSITE USE

You acknowledge and agree that merely accessing, browsing, or using the Site does NOT create an investment advisory relationship between you and Goldman Fischer Development Co. LLC. The Site is provided for informational and educational purposes only. An investment advisory relationship can ONLY be established after ALL of the following conditions are met: (1) you have received and reviewed our Form ADV Part 2A (Firm Brochure) in accordance with SEC regulations; (2) you have executed a written investment advisory agreement with us; and (3) you have made payment for advisory services as specified in the agreement.

Until and unless an investment advisory relationship is formally established through the process described above, you are NOT our client, we are NOT your investment adviser, and we owe you NO fiduciary duties. Any information, content, or materials on the Site are provided solely for general informational purposes and do NOT constitute investment advice, financial planning advice, tax advice, legal advice, or any other type of professional advice tailored to your individual circumstances.

4. DISCLAIMERS

A. NO INVESTMENT ADVICE: Nothing on the Site constitutes personalized investment advice or a recommendation to buy, sell, or hold any security, investment product, or strategy. All Content on the Site is generic, educational, and informational in nature and is NOT tailored to your individual financial situation, investment objectives, risk tolerance, time horizon, tax circumstances, or any other personal factors. We do NOT know your personal financial situation unless you become a client through the formal process described in Section 3. You should NOT make any investment decisions based solely on information found on the Site. Before making any investment decision, you should consult with a qualified financial adviser who can provide personalized advice based on your specific circumstances.

B. NO GUARANTEES OR WARRANTIES: We make NO guarantees, representations, or warranties regarding investment performance, returns, or outcomes. Past performance is NOT indicative of future results. All investing involves risk, including the risk of loss of principal. Market conditions, economic factors, and individual circumstances can significantly impact investment results. Any hypothetical performance data, backtested results, or model portfolios presented on the Site are for illustrative purposes only and may NOT reflect actual trading results or account for all costs, fees, taxes, and market conditions. Actual results may differ materially from any projections, estimates, or examples shown.

C. "AS IS" AND "AS AVAILABLE": THE SITE AND ALL CONTENT ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, ACCURACY, COMPLETENESS, TIMELINESS, RELIABILITY, AND AVAILABILITY. We do NOT warrant that the Site will be uninterrupted, error-free, secure, or free from viruses or other harmful components. We do NOT warrant that any information on the Site is accurate, complete, current, or reliable.

D. INFORMATION MAY BE OUTDATED: Content on the Site may become outdated, and we have NO obligation to update it. Market conditions, laws, regulations, and our services may change without corresponding updates to the Site. You should NOT rely on the timeliness or accuracy of any information on the Site. Always verify information independently and consult current sources before making decisions.

E. THIRD-PARTY CONTENT AND LINKS: The Site may contain links to third-party websites, resources, or content. We do NOT control, endorse, sponsor, recommend, or assume responsibility for any third-party content, websites, products, or services. Your use of third-party websites is at your own risk and subject to the terms and conditions of those websites. We are NOT responsible for any loss or damage arising from your use of third-party content or websites.

5. INTELLECTUAL PROPERTY RIGHTS

All Content on the Site, including but not limited to text, graphics, logos, images, photographs, videos, audio, data compilations, software, and the overall design and "look and feel" of the Site, is the exclusive property of Goldman Fischer Development Co. LLC or its licensors and is protected by United States and international copyright, trademark, patent, trade secret, and other intellectual property laws. The trademarks, service marks, and logos displayed on the Site ("Marks") are registered and unregistered Marks of Goldman Fischer Development Co. LLC and others. Nothing on the Site grants you any license or right to use any Marks without our prior written permission.

Subject to your compliance with these Terms, we grant you a limited, non-exclusive, non-transferable, non-sublicensable, revocable license to access and use the Site and Content solely for your personal, non-commercial use. You may NOT: (a) copy, reproduce, distribute, publish, display, perform, modify, create derivative works from, transmit, or exploit any Content without our prior written consent; (b) use any Content for commercial purposes or for the benefit of any third party; (c) remove, alter, or obscure any copyright, trademark, or other proprietary notices from Content; (d) use any automated system (including robots, spiders, scrapers, or offline readers) to access the Site; or (e) frame, mirror, or otherwise incorporate the Site or Content into any other website or service.

6. USER CONDUCT AND PROHIBITED ACTIVITIES

You agree to use the Site only for lawful purposes and in accordance with these Terms. You agree NOT to: (a) violate any applicable federal, state, local, or international law or regulation; (b) infringe upon or violate our intellectual property rights or the intellectual property rights of others; (c) transmit or upload any viruses, malware, or other malicious code; (d) attempt to gain unauthorized access to the Site, servers, networks, or databases connected to the Site; (e) interfere with or disrupt the integrity or performance of the Site or the data contained therein; (f) attempt to decipher, decompile, disassemble, or reverse engineer any software comprising or making up the Site; (g) collect or harvest any personally identifiable information from the Site; (h) use the Site to transmit spam, chain letters, or other unsolicited communications; (i) impersonate any person or entity or falsely state or misrepresent your affiliation with any person or entity; (j) engage in any activity that could damage, disable, overburden, or impair the Site; or (k) use the Site in any manner that could interfere with any other party's use and enjoyment of the Site.

We reserve the right, but have no obligation, to monitor use of the Site, investigate violations of these Terms, take appropriate legal action against anyone who violates these Terms, and cooperate with law enforcement authorities in prosecuting violations. We may terminate or suspend your access to the Site immediately, without prior notice or liability, for any reason, including if you breach these Terms.

7. PRIVACY AND DATA COLLECTION

Your use of the Site is also governed by our Privacy Policy, which is incorporated into these Terms by reference. Our Privacy Policy describes how we collect, use, store, and disclose information about you when you use the Site. By using the Site, you consent to our collection and use of information as described in the Privacy Policy. The Privacy Policy is available at www.goldmanfischer.com/privacy-policy. We use cookies and similar tracking technologies to collect information about your use of the Site. By using the Site, you consent to our use of cookies in accordance with our Privacy Policy.

8. LIMITATION OF LIABILITY

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL GOLDMAN FISCHER DEVELOPMENT CO. LLC, ITS OFFICERS, DIRECTORS, MEMBERS, EMPLOYEES, AGENTS, AFFILIATES, SUCCESSORS, OR ASSIGNS (COLLECTIVELY, "COMPANY PARTIES") BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES, INCLUDING BUT NOT LIMITED TO DAMAGES FOR LOSS OF PROFITS, LOSS OF DATA, LOSS OF GOODWILL, BUSINESS INTERRUPTION, OR ANY OTHER COMMERCIAL DAMAGES OR LOSSES, ARISING OUT OF OR RELATED TO YOUR USE OF OR INABILITY TO USE THE SITE, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE COMPANY PARTIES SHALL NOT BE LIABLE FOR ANY DAMAGES ARISING FROM: (a) your use of or reliance on the Site or Content; (b) your inability to access or use the Site; (c) any investment decisions you make based on information from the Site; (d) any investment losses or financial damages you incur; (e) any errors, omissions, or inaccuracies in the Content; (f) any unauthorized access to or use of our servers or any personal information stored therein; (g) any interruption or cessation of transmission to or from the Site; (h) any bugs, viruses, or other harmful code transmitted to or through the Site by any third party; (i) any third-party content or links; or (j) any other matter relating to the Site.

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE TOTAL LIABILITY OF THE COMPANY PARTIES TO YOU FOR ALL CLAIMS ARISING OUT OF OR RELATED TO THESE TERMS OR YOUR USE OF THE SITE SHALL NOT EXCEED ONE HUNDRED DOLLARS ($100.00). THIS LIMITATION OF LIABILITY SHALL APPLY REGARDLESS OF THE FORM OF ACTION, WHETHER IN CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, OR OTHERWISE, AND SHALL SURVIVE ANY TERMINATION OR EXPIRATION OF THESE TERMS.

SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATIONS MAY NOT APPLY TO YOU. IN SUCH JURISDICTIONS, THE COMPANY PARTIES' LIABILITY SHALL BE LIMITED TO THE GREATEST EXTENT PERMITTED BY LAW.

9. INDEMNIFICATION

To the maximum extent permitted by applicable law, you agree to indemnify, defend, and hold harmless the Company Parties from and against any and all claims, liabilities, damages, losses, costs, expenses, fees (including reasonable attorneys' fees and court costs), demands, actions, or causes of action arising out of or related to: (a) your access to or use of the Site; (b) your violation of these Terms; (c) your violation of any applicable law, rule, or regulation; (d) your violation of any rights of any third party, including intellectual property rights, privacy rights, or publicity rights; (e) any investment decisions you make based on information from the Site; (f) any financial losses or damages you incur; (g) any content or information you submit, post, or transmit through the Site; or (h) your negligence, willful misconduct, or fraud.

We reserve the right, at our own expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you, in which event you shall cooperate with us in asserting any available defenses. You shall not settle any claim subject to indemnification without our prior written consent. This indemnification obligation shall survive the termination or expiration of these Terms and your use of the Site.

10. WAIVERS AND RELEASES

To the maximum extent permitted by applicable law, you hereby WAIVE, RELEASE, and DISCHARGE the Company Parties from any and all claims, demands, damages, losses, liabilities, actions, and causes of action of every kind and nature, whether known or unknown, suspected or unsuspected, disclosed or undisclosed, arising out of or in any way related to: (a) your use of the Site; (b) any information, content, or materials on the Site; (c) any investment decisions you make; (d) any financial losses or damages you incur; (e) any reliance you place on information from the Site; or (f) any disputes with other users of the Site.

IF YOU ARE A CALIFORNIA RESIDENT, YOU HEREBY WAIVE CALIFORNIA CIVIL CODE SECTION 1542, WHICH STATES: "A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS THAT THE CREDITOR OR RELEASING PARTY DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE AND THAT, IF KNOWN BY HIM OR HER, WOULD HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR OR RELEASED PARTY." You understand and acknowledge that you may later discover facts different from or in addition to those you now know or believe to be true, and you agree that this release shall be and remain effective notwithstanding any such different or additional facts.

This waiver and release does NOT apply to claims arising from our gross negligence, willful misconduct, fraud, or violations of federal or state securities laws that cannot be waived as a matter of law. You retain all rights provided by applicable securities laws and regulations.

11. ACKNOWLEDGMENTS AND ESTOPPEL

By using the Site, you acknowledge, represent, warrant, and agree to the following, and you are ESTOPPED from later claiming otherwise:

(a) You have carefully read and fully understand these Terms in their entirety, including all disclaimers, waivers, limitations of liability, and indemnification provisions.

(b) You understand that the Site provides general information only and does NOT provide personalized investment advice tailored to your individual circumstances.

(c) You understand that using the Site does NOT create an investment advisory relationship with Goldman Fischer Development Co. LLC.

(d) You understand that all investing involves risk, including the risk of loss of principal, and that past performance is not indicative of future results.

(e) You understand that you are solely responsible for any investment decisions you make and any financial consequences resulting therefrom.

(f) You have had adequate opportunity to ask questions about these Terms and have received satisfactory answers to any questions you have asked.

(g) You are entering into these Terms voluntarily and of your own free will, without coercion, duress, or undue influence.

(h) You are at least 18 years of age and have the legal capacity to enter into these Terms.

(i) You have been advised to consult with legal counsel before agreeing to these Terms and have either done so or voluntarily chosen not to do so.

(j) You acknowledge that these acknowledgments and representations are material inducements for us to allow you to use the Site, and that we would not allow you to use the Site without these acknowledgments.

12. ARBITRATION AND DISPUTE RESOLUTION

PLEASE READ THIS SECTION CAREFULLY. IT AFFECTS YOUR LEGAL RIGHTS, INCLUDING YOUR RIGHT TO FILE A LAWSUIT IN COURT AND YOUR RIGHT TO A JURY TRIAL.

A. Agreement to Arbitrate: Except as provided below, you and Goldman Fischer Development Co. LLC agree that any dispute, claim, or controversy arising out of or relating to these Terms, the Site, or your use of the Site (collectively, "Disputes") shall be resolved exclusively by binding arbitration administered by the American Arbitration Association ("AAA") under its Consumer Arbitration Rules, as modified by these Terms. The AAA Consumer Arbitration Rules are available at www.adr.org or by calling 1-800-778-7879. This arbitration agreement is made pursuant to a transaction involving interstate commerce and shall be governed by the Federal Arbitration Act (9 U.S.C. §§ 1-16).

B. Arbitration Procedures: The arbitration shall be conducted by a single neutral arbitrator selected in accordance with the AAA Consumer Arbitration Rules. The arbitration shall take place in Lycoming County, Pennsylvania, unless the parties agree otherwise. The arbitrator shall apply Pennsylvania substantive law and applicable federal securities laws. The arbitrator shall have the authority to award any relief that would be available in court, including monetary damages, injunctive relief, and declaratory relief. The arbitrator shall issue a written decision explaining the essential findings and conclusions on which the award is based. Judgment on the arbitration award may be entered in any court having jurisdiction thereof.

C. Class Action Waiver: YOU AND GOLDMAN FISCHER DEVELOPMENT CO. LLC AGREE THAT EACH PARTY MAY BRING CLAIMS AGAINST THE OTHER ONLY IN AN INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS, CONSOLIDATED, OR REPRESENTATIVE PROCEEDING. The arbitrator may NOT consolidate more than one person's claims and may NOT preside over any form of class, consolidated, or representative proceeding. If this class action waiver is found to be unenforceable, then the entirety of this arbitration provision shall be null and void.

D. Small Claims Court Exception: Notwithstanding the foregoing, either party may bring an individual action in small claims court if the claim qualifies for small claims court jurisdiction.

E. Injunctive Relief Exception: Either party may seek injunctive or other equitable relief in court to prevent the actual or threatened infringement, misappropriation, or violation of intellectual property rights.

F. Opt-Out Right: You have the right to opt out of this arbitration provision by sending written notice of your decision to opt out to Goldman Fischer Development Co. LLC, 1915 East 3rd Street, Williamsport, PA 17701, within thirty (30) days of first accessing the Site. Your opt-out notice must include your name, address, and a clear statement that you wish to opt out of this arbitration provision. If you opt out, you will not be bound by this arbitration provision, but all other provisions of these Terms will remain in effect.

G. Costs and Fees: Each party shall bear its own attorneys' fees and costs in arbitration unless the arbitrator awards attorneys' fees and costs to the prevailing party as permitted by applicable law. The AAA filing fees and arbitrator's fees shall be allocated in accordance with the AAA Consumer Arbitration Rules.

H. Waiver of Jury Trial: BY AGREEING TO ARBITRATION, YOU AND GOLDMAN FISCHER DEVELOPMENT CO. LLC ARE EACH WAIVING THE RIGHT TO A TRIAL BY JURY.

I. Waiver of Right to Appeal: The arbitrator's decision is final and binding, and judicial review of the arbitration award is very limited under the Federal Arbitration Act.

13. GOVERNING LAW AND VENUE

These Terms and any Disputes shall be governed by and construed in accordance with the laws of the Commonwealth of Pennsylvania, without regard to its conflict of law principles. Federal securities laws and regulations, including the Investment Advisers Act of 1940 and rules promulgated thereunder, shall also apply to the extent applicable. To the extent that any Dispute is not subject to arbitration under Section 12, you agree that such Dispute shall be brought exclusively in the state or federal courts located in Lycoming County, Pennsylvania, and you hereby consent to the personal jurisdiction and venue of such courts.

14. SEVERABILITY

If any provision of these Terms is found to be invalid, illegal, or unenforceable by a court of competent jurisdiction, such provision shall be modified to the minimum extent necessary to make it valid and enforceable while preserving its intent, or if such modification is not possible, such provision shall be severed from these Terms. The invalidity, illegality, or unenforceability of any provision shall not affect the validity, legality, or enforceability of the remaining provisions, which shall remain in full force and effect.

15. ENTIRE AGREEMENT AND MODIFICATIONS

These Terms, together with our Privacy Policy and any other policies or agreements referenced herein, constitute the entire agreement between you and Goldman Fischer Development Co. LLC regarding your use of the Site and supersede all prior or contemporaneous understandings, agreements, representations, and warranties, whether written or oral, regarding the Site. We reserve the right to modify, amend, or update these Terms at any time in our sole discretion by posting the revised Terms on the Site with a new "Effective Date." Your continued use of the Site following the posting of revised Terms constitutes your acceptance of such changes. Material changes will be conspicuously posted on the Site.

16. TERMINATION

We reserve the right to terminate or suspend your access to the Site, in whole or in part, at any time, for any reason or no reason, with or without notice, and without liability to you or any third party. You may terminate your use of the Site at any time by ceasing to access the Site. Upon termination, all licenses and rights granted to you under these Terms shall immediately cease, but all provisions of these Terms that by their nature should survive termination shall survive, including but not limited to Sections 4 (Disclaimers), 8 (Limitation of Liability), 9 (Indemnification), 10 (Waivers and Releases), 11 (Acknowledgments and Estoppel), 12 (Arbitration), and 13 (Governing Law).

17. NO WAIVER

Our failure to enforce any right or provision of these Terms shall not constitute a waiver of such right or provision. No waiver by us of any breach or default hereunder shall be deemed to be a waiver of any preceding or subsequent breach or default. Any waiver by us must be in writing and signed by an authorized representative of Goldman Fischer Development Co. LLC.

18. ASSIGNMENT

You may not assign, transfer, or delegate these Terms or your rights and obligations hereunder without our prior written consent. We may assign, transfer, or delegate these Terms and our rights and obligations hereunder to any third party without restriction. Any attempted assignment by you in violation of this provision shall be null and void. These Terms shall be binding upon and inure to the benefit of the parties and their respective successors and permitted assigns.

19. REGULATORY DISCLOSURES AND FORM ADV ACCESS

Goldman Fischer Development Co. LLC is a registered investment adviser with the Pennsylvania Department of Banking and Securities. Registration as an investment adviser does not imply any level of skill, training, or endorsement by the Commonwealth of Pennsylvania or any regulatory authority. Our Form ADV Part 2A (Firm Brochure), which contains important information about our services, fees, conflicts of interest, and disciplinary history, is available for your review at www.goldmanfischer.com/form-adv or upon request by contacting us at compliance@goldmanfischer.com. You can also obtain information about us and other investment advisers through the SEC's Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov or by calling the SEC at 1-800-SEC-0330.

Before entering into an investment advisory relationship with us, you are entitled to receive our Form ADV Part 2A at least 48 hours prior to executing an advisory agreement, or at the time of executing an advisory agreement if you have the right to terminate the agreement without penalty within five business days. If you have questions about our services, fees, or conflicts of interest, please contact us before becoming a client.

20. CONTACT INFORMATION

If you have any questions, concerns, or complaints about these Terms or the Site, please contact us at:

Goldman Fischer Development Co. LLC
1915 East 3rd Street
Williamsport, PA 17701
Email: compliance@goldmanfischer.com
Website: www.goldmanfischer.com

 

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BY USING THE SITE, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THESE TERMS OF SERVICE.

Document Version: 1.0 | Effective Date: November 7, 2025

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