Earlier quoted context omitted.
Then sounds like you're working with a diminished product that's less secure.
I am curious how managing secrets locally is less secure than a cloud based solution?
That being said it’s worth noting that behaviour can be as important as technology. For example if a cloud-centric solution is more convenient, its users are less likely to engage in security compromising behaviours such as copying and pasting passwords, or declining to use a password manager at all outside of their local device context.