Terms of Use

Last Updated: March 3, 2026

1. Acceptance of Terms

By accessing or using Pierce Finance (the "Service"), you agree to be bound by these Terms of Use and all applicable laws and regulations. If you do not agree with any of these terms, you are prohibited from using or accessing this site.

2. No Investment Advice

PIERCE FINANCE IS NOT A REGISTERED INVESTMENT ADVISOR, BROKER-DEALER, OR FINANCIAL PLANNER.

The Service provides a technology interface for financial research and data synthesis. All outputs, research, and analysis provided by the Service are for informational and educational purposes only. Nothing on the Service constitutes a recommendation to buy, sell, or hold any security or financial instrument. You are solely responsible for your own investment decisions and should consult with a qualified professional before making any financial commitments.

3. AI Accuracy and "Hallucinations"

The Service utilizes Large Language Models (LLMs) and agentic AI to synthesize financial data.

  • Disclaimer: AI models can and do produce "hallucinations"—outputs that are factually incorrect, misleading, or logically flawed.
  • Verification: You are required to verify any AI-generated fact, figure, or analysis against official SEC filings, company press releases, or other primary data sources before taking any action.
  • Limitation: Pierce Finance does not warrant the accuracy, completeness, or usefulness of the information provided and is not liable for losses incurred due to AI errors, data delays, or model inaccuracies.

4. Pierce Points and Billing

The Service operating model is based on compute usage tracked via "Pierce Points."

  • Point Consumption: Points are deducted from your balance at the time of execution based on the complexity and data requirements of your query.
  • No Refunds: All sales of Pierce Points and subscriptions are final. No partial refunds are provided for unused points or mid-month cancellations.
  • Fair Use: We reserve the right to throttle, suspend, or terminate accounts that engage in automated scraping, reverse engineering, or abuse of the agentic orchestration system.

5. Intellectual Property

All content, features, and functionality of the Service (including but not limited to the "Pierce" brand, user interface, and proprietary orchestration logic) are the exclusive property of Pierce Finance and its licensors. You may use outputs for personal or internal business research, but redistribution for commercial gain is prohibited without explicit consent.

6. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, PIERCE FINANCE AND ITS AFFILIATES SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING WITHOUT LIMITATION, LOSS OF PROFITS, DATA, USE, GOODWILL, OR OTHER INTANGIBLE LOSSES, RESULTING FROM (I) YOUR ACCESS TO OR USE OF OR INABILITY TO ACCESS OR USE THE SERVICE; (II) ANY CONDUCT OR CONTENT OF ANY THIRD PARTY ON THE SERVICE; OR (III) ANY CONTENT OBTAINED FROM THE SERVICE.

OUR TOTAL LIABILITY FOR ANY CLAIM UNDER THESE TERMS IS LIMITED TO THE AMOUNT PAID BY YOU TO PIERCE FINANCE IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM.

7. Changes to Terms

We reserve the right to modify or replace these Terms at any time. We will provide notice of significant changes by posting the new Terms on this page. Your continued use of the Service after such changes constitutes acceptance of the new Terms.

8. Governing Law

These Terms shall be governed by and defined following the laws of the jurisdiction in which Pierce Finance operates, without regard to its conflict of law provisions.