This is where standalone clients come into play: they provide resiliency of that company goes down or folds, because your vaults are not stored with them. They would be stored on your own devices. If 1Password folded, my data would still be considered safe because of my 1Password 6 vaults being in my Mac, and backed up to my NAS. If Enpass folded, the same would apply across my iPhone, iPad, PC, and Mac, as well as those vaults backed up to my NAS.
The problem is that people are now growing blindly dependent on SaaS, and storing that data with them. They are sacrificing autonomy for convenience.
BL.