My point wasn’t necessarily creating a false dichotomy, since I was highlighting the inconsistency in the argument about trusting banks but dismissing reputable third-party apps on the whole. Does this person distrust consumer protections set up to allow for such tools to exist in the first place?

So to make "false dichotomy" stick, you going to need to assert that if Quicken were breached and this lead to my Schwab account being accessed by a bad actor, I actually am shit out of luck. Will you do that?