Legal
Effective June 4, 2026 · Last updated June 4, 2026
Welcome to Tactical Asset Allocation. These Terms of Service (the “Terms”) govern your access to and use of our website and the analytical tools we offer through it — including the Portfolio Backtester, Stress Tester, Factor Backtester, and Strategy Lab (together, the “Platform”).
By using the Platform, you agree to these Terms and to our Privacy Policy. Please read them carefully. If you do not agree, please do not use the Platform.
These Terms are a binding agreement between you and Tactical Asset Allocation, LLC (“we,” “us,” or the “Company”). By accessing the Platform, creating an account, or purchasing a subscription, you accept these Terms and any additional terms presented when you use a particular feature. If you are using the Platform on behalf of a company or other organization, you represent that you have authority to bind it to these Terms.
You must be at least 18 years old and able to enter into a binding contract. The Platform is intended for users in the United States and relies primarily on U.S. market data. If you access it from elsewhere, you do so on your own initiative and are responsible for complying with your local laws.
The Platform is a financial-analytics and research software product. It lets you build and backtest portfolios, run historical and hypothetical stress tests, analyze factor exposures, and test rules-based strategies, along with related visualization, reporting, and educational features.
The data we use is generally historical and periodic (for example, end-of-day or monthly) — it is not real-time, and the Platform is not a brokerage, trading, or order-execution system. We may add, change, limit, or discontinue any feature, dataset, or preset at any time.
This is the most important thing to understand about the Platform. We are a software tool, not an investment adviser, broker-dealer, or financial planner, and we are not registered as any of those. Everything on the Platform is provided on a general, impersonal basis for educational and research purposes only.
Nothing on the Platform is investment, legal, tax, or accounting advice, a recommendation, or an offer or solicitation to buy or sell any security. Presets, sample strategies, and named methodologies are illustrations, not recommendations. Using the Platform does not create any advisory, fiduciary, or other professional relationship between you and us.
Investing involves risk, including possible loss of principal. You are solely responsible for your own investment decisions, you should not rely on the Platform as the only basis for any decision, and you should consult your own qualified, licensed professionals before acting.
The Platform uses data from third-party providers and other sources that we do not independently verify. We do not warrant that any data or information is accurate, complete, current, or fit for any purpose. Financial and market data may be estimated, delayed, revised, restated, back-filled, or otherwise changed after publication, and may contain errors or gaps. Coverage and history vary by source and by tool.
Results generated by the Platform are hypothetical, simulated, backtested, or projected. They do not represent actual trading or actual accounts, are prepared with the benefit of hindsight, and have inherent limitations. Past performance — real or hypothetical — does not guarantee or indicate future results.
You should also understand the assumptions behind these results:
You are solely responsible for reviewing, validating, and deciding how to use any reports, charts, analyses, simulations, backtests, forecasts, or other outputs you generate. We do not review, approve, or endorse your outputs or how you use them.
Financial professionals and firms may use the Platform for research and analysis. If you do, you remain solely responsible for your own suitability and fiduciary determinations, regulatory compliance, recordkeeping, disclosures, advertising review, and client communications. If you include Platform outputs in materials for your own clients, you are the author of those materials and may not attribute them to us or imply our endorsement without our written consent.
If you create an account, you must provide accurate information, keep your login credentials secure, and not share your account. You are responsible for activity under your account and should tell us promptly about any unauthorized use. Each subscription is for a single named user unless your plan says otherwise.
Some features may be free, and we may change or end free access at any time. Some features may be offered as beta or pre-release; these are provided “as is,” may be incomplete or unreliable, and may change or be withdrawn at any time.
Paid subscriptions are billed in advance and renew automatically at the then-current price until you cancel. By subscribing, you authorize us and our payment processor to charge your payment method, plus any taxes, on each renewal. We may change prices with advance notice, effective at your next renewal. You can cancel as described on the Platform; cancellation takes effect at the end of your current term. Except where the law requires otherwise, fees are non-refundable.
You keep ownership of the inputs, allocations, assumptions, notes, and other content you create on the Platform (“Your Content”). You grant us a license to host, store, process, and display Your Content as needed to operate and improve the Platform and provide our services to you. If you choose to make content public or shareable, you grant us a broader license to display, distribute, and promote it in connection with operating and marketing the Platform. You confirm you have the rights to the content you provide.
If you send us feedback or suggestions, we may use them freely and without obligation to you.
When using the Platform, you agree not to:
The Platform and all of its software, databases, methodologies, presets, report templates, visualizations, trademarks, and content (other than Your Content and third-party data) belong to us or our licensors. We grant you a limited, non-exclusive, non-transferable, revocable license to use the Platform for your own permitted purposes under these Terms. All rights we do not expressly grant are reserved. Our names, marks, and branding may not be used without our written permission.
The Platform may include features that use artificial intelligence. These can produce inaccurate, incomplete, or misleading results and may return different answers to the same question. AI-generated output is not advice and should be independently verified. All of the disclaimers and limitations in these Terms apply fully to AI features.
Our Privacy Policy explains how we handle personal information and is part of these Terms. We use reasonable safeguards but cannot guarantee that data will never be subject to unauthorized access or loss. The Platform may link to or rely on third-party websites, data providers, and services that we do not control; your use of them is at your own risk and subject to their terms.
The Platform, all data, and all outputs are provided “as is” and “as available,” without warranty of any kind. To the maximum extent permitted by law, we disclaim all warranties, express or implied, including merchantability, fitness for a particular purpose, title, and non-infringement.
We do not warrant that the Platform will be uninterrupted, secure, or error-free, or that any data or output will be accurate or reliable.
To the maximum extent permitted by law, we and our affiliates, licensors, and service providers will not be liable for any indirect, incidental, special, consequential, or punitive damages, or for any lost profits, lost investment returns, trading or investment losses, or lost data, arising out of or relating to the Platform or these Terms.
Our total liability for any claim will not exceed the greater of one hundred U.S. dollars ($100) or the fees you paid us in the twelve months before the event giving rise to the claim.
Some jurisdictions do not allow certain limitations, so some of the above may not apply to you. Nothing in these Terms limits liability that cannot be limited under applicable law.
You agree to indemnify and hold harmless the Company and its affiliates, officers, employees, and licensors from any claims, losses, and expenses (including reasonable attorneys’ fees) arising from your use of the Platform, Your Content or outputs, materials you create or share using the Platform, or your violation of these Terms or any law or third-party right.
Before starting a formal dispute, you agree to first contact us and try to resolve it informally for at least 30 days. If that does not work, most disputes will be resolved by binding individual arbitration rather than in court, and you and we waive the right to a jury trial and to participate in any class or representative action, to the extent permitted by law. You may still bring an eligible claim in small-claims court, and either party may seek a court order to protect intellectual property. You may opt out of arbitration by written notice within 30 days of first accepting these Terms.
These Terms are governed by the laws of the State of California, without regard to its conflict-of-laws rules. Subject to the arbitration provisions above, any court proceedings will take place in Los Angeles County, California.
The arbitration, class-action waiver, and jury-trial waiver above affect your legal rights. Please read this section carefully.
We may update these Terms from time to time. When we do, we will change the “last updated” date and, for material changes, provide reasonable notice through the Platform or by email. Changes take effect when posted unless we say otherwise. If you keep using the Platform after that, you accept the updated Terms; if you do not agree, please stop using the Platform.
Questions about these Terms, cancellation requests, and legal notices can be sent to Tactical Asset Allocation, LLC at [email protected] or 3300 Highland Ave, Manhattan Beach, CA 90266.