Advantage Asset Management, Inc DBA Family Wealth Leadership
Privacy Policy
General
The Firm is required by federal regulations under the Gramm-Leach-Bliley Act and applicable state rules to adopt certain procedures designed to maintain and secure the nonpublic personal information of its Clients from inappropriate disclosure to third parties. The following policy (this “Privacy Policy”) is designed to meet the standards set forth in state and federal regulations.
The Firm is committed to keeping personal information collected from potential, current and former Clients confidential and secure. The proper handling of personal information is one of our highest priorities. The Firm never sells information relating to its Clients to any outside third parties.
Investor Information
The Firm collects and keeps only information that is necessary for it to provide the services requested by its Clients and to administer Clients’ business with the Firm.
The Firm may collect nonpublic personal information from Clients or potential Clients:
- From Clients when they complete an application or other form. This includes information such as name, address, social security number, driver’s license number, assets, income, net worth, copies of financial documents and other information deemed necessary to evaluate the Investor’s financial situation.
- As a result of transactions with the Firm, its affiliates if any, or others. This could include transactions completed with the Firm or information received from outside vendors to complete transactions or to effect financial goals.
Sharing Information
The Firm only shares the nonpublic personal information of its Clients with non-affiliated companies or individuals (i) as permitted by law (which may vary by state) and as required to provide services to its Clients, such as with Employees within the Firm, securities clearing Firms, mutual fund companies, insurance companies and other financial services providers, or (ii) to comply with legal or regulatory requirements. Further, in the normal course of our business, the Firm may disclose information it collects about Clients to companies or individuals that contract with the Firm to perform servicing functions such as:
- Recordkeeping;
- Computer-related services; and
- Good faith disclosure to regulators who have regulatory authority over the Firm.
Companies hired to provide support services are not allowed to use personal information for their own purposes and are contractually obligated to maintain strict confidentiality. The Firm limits use of personal information to the performance of the specific service requested.
The Firm does not provide personally identifiable information to mailing list vendors or solicitors for any purpose.
When the Firm provides personal information to service providers, it requires these providers to agree to safeguard such information in a comparable level to that of the Firm or with the standard of reasonable care at a minimum, to use the information only for the intended purpose and to abide by applicable law.
Employee Access to Information
Only Employees with a valid business reason have access to Clients’ personal information. These Employees will be educated on the importance of maintaining the confidentiality and security of this information. They will be required to abide by our information handling practices.
Protection of Information
The Firm maintains security standards to protect Clients’ information, whether written, spoken, or electronic. The Firm updates and checks its systems to ensure the protection and integrity of information. This includes, but is not limited to, data encryption while data is transmitted or stored. The level of encryption and protection will be based on applicable law, industry standards and risk in light of the size and scope of the Firm’s business and available resources.
Maintaining Accurate Information
The Firm’s goal is to maintain accurate, up to date Investor records in accordance with industry standards. The Firm has procedures in place to keep information current and complete, including timely correction of inaccurate information.
Should Clients send the Firm questions and comments via e-mail, the Firm will share the Clients’ correspondence only with those Employees or agents most capable of addressing the Clients’ questions and concerns.
Text Message Utilizing the Company’s Office Telephone Lines
If you consent to receive SMS from Family Wealth Leadership, you agree to receive SMS from us. Reply STOP to opt-out; Reply HELP for support; Message & data rates may apply; Messaging frequency may vary. Visit https://familywealthleadership.com/privacy-policy/ to see our privacy policy and terms and conditions.
Should Clients send the Firm questions, comments, and attachments via text messages, the Firm will not provide the Clients’ correspondence to any third parties. Interchange of any information between a Client and the Firm via a text message will be limited to only the Client and the Firm.
Disclosure of our Privacy Policy
The Firm recognizes and respects the privacy concerns of its potential, current and former Clients. The Firm is committed to safeguarding this information. As an investment adviser registered under the Arizona Administrative Code, the California Code of Regulations, and the Texas Securities Act and a member of the financial services industry, the Firm is providing this Privacy Policy for informational purposes to Clients and Employees and will distribute and update it as required by law. It is also available upon request.