How do you feel about smart contract wallets like Zengo or Argent in terms of security versus a hardware wallet?

It feels like my seed phrase is a single point of failure.

Sure, I can split my assets into a few wallets...which means more failure points.

With Zengo or Argent, I have my device, a backup, my face, and email. (and trusted guardians)

This feels more secure in the big picture, ignoring trusting these companies.

But I also trust ledger and every Chinese manufacturer that touches it.

What are your thoughts?

edit: Also wallets like Argent don't support other chains...so I need to have multiple wallets anyways!