At Arbogast Financial Center, protecting our clientsÕ
privacy is paramount; we recognize that an individualÕs financial matters are
extremely private and sensitive in nature. Our commitment is to maintain strict standards to safeguard
your personal financial information at all times, while diligently seeking to
continue to bring you valuable products and services.
This information is being provided to you as required by
Regulation S-P that was adopted last year by the Securities and Exchange
Commission to modernize the laws governing the financial services industry.
The personal financial information we collect directly from
you includes information required to communicate with you and to assist us
effectively address your financial needs, as well as, to operate prudently in
complying with the legal and regulatory requirements imposed by federal and
state regulations.
Such personal financial information we may collect and
share is made available to us from the following sources:
Information received on applications and other forms, such as your name, mailing address, telephone number, e-mail address, fax number; and to identify who you are, your Social Security number.
Information about your financial transactions with us, our
affiliates, or others, such as account balance, securities trading activity,
fund transfers, and checking transactions.
Information as required by law to ascertain your experience
in margin use and trading, such as your approximate annual income and net
worth.
Information we may obtain about you from a consumer
reporting agency, such as your
creditworthiness and credit history.
In all cases, we collect and share only personal financial information that is either required by law or necessary to provide personalized financial services to you.
Our Use of Your Personal Financial Information
In
the course of conducting investment advisory services on your behalf, there are
occasions where we may engage affiliated and/or nonaffiliated companies to (i)
service or process a financial product or service requested by you or, (ii) to
maintain or service your account(s).
These companies may be engaged in a related business such as mutual
funds, annuities or other insurance product, consumer banking, mortgage
lending, securities brokerage, investment advisory or tax, estate or financial
planning. Or they may be engaged
in some service such as a transfer agent, clearing or custodial firm,
accounting or reporting, systems operation or marketing. In such cases, the personal financial
information we may share about you with these companies is necessary and
permissible by law to administer, process, service, and enforce a transaction
that you requested or authorized.
We may also
share some or all your personal financial information with your legal
representative, trustee or other fiduciary, or where we need to protect the
confidentiality and security or our records, or to prevent potential or actual
fraud unauthorized transactions, claims or other liability, for institutional
risk control or resolving customer disputes or inquiries.
Also, as
permissible by law, we may provide your personal financial information on
request, for example, to insurance rate advisory organizations; funds guaranty
agencies; agencies rating our compliance with industry standards; and our
attorneys, accountants and auditors.
In addition, subject to the Right to Financial
Privacy Act, sharing of your personal financial information
is permitted on request by a law enforcement agency, regulator, self-regulatory
agency or in a public safety investigation. Such sharing of your personal financial information is also
permitted on request by a consumer reporting agency in accordance with the Fair
Credit Reporting Act, or to comply with federal, state or local laws, rules or
regulations, including requirements of self-regulatory organizations or a
subpoena or judicial process.
Outside of the exceptions mentioned above and as permitted
by law, we will not share your personal financial information with anyone,
unless you specifically ask us in writing to do so.
When we share your personal financial information with
affiliated and/or nonaffiliated companies, they are not allowed to use your
personal financial information for their own purposes and are contractually
obligated to maintain strict confidentiality. We limit their use of your personal financial information to
the performance of the specific service we have requested.
We restrict access to your personal financial information
to employees who need to know such information in providing products or
services to you. We maintain
physical, electronic, and procedural safeguards that comply with applicable
federal regulations to guard your personal financial information. Of course, even with these safeguards,
we cannot guarantee that your personal financial information will always be
safe from unauthorized sharing, and we assume no responsibility or liability in
that event, except as and to the extent that may be imposed by law.
We reserve the right to change this Privacy Notice at any
time. In that event, we will inform
you of any material changes as required by law.
If you decide to close your account(s) or become an
inactive customer, we will adhere to the privacy policies and practices
described in this notice.
Please keep this Privacy Notice for your records.
This Privacy Notice has been established and is given in
accordance with applicable federal law.
It is not intended and in no event shall it be deemed to constitute an
offer or agreement of any kind on our part or to impose any duty or obligation
of any kind upon us except as and to the extent
expressly required by law.