Cole Wealth Management, LLC (“CWM”) shall mean and refer to any and all subsidiaries, parent or sister corporations, limited liability companies, partnerships or other entities or entity controlling, controlled by or under common control with said corporations or entities.
The Securities and Exchange Commission has adopted Regulation S-P, privacy rules promulgated under section 504 of the Gramm-Leach Bliley Act. Section 504 requires the Commission and other federal agencies to adopt rules implementing notice requirements and restrictions on a financial institution’s ability to disclose nonpublic personal information about consumers.
Under the Gramm-Leach-Bliley Act, a financial institution must provide its customers with a notice of its privacy policies and practices and must not disclose nonpublic personal information about a consumer to nonaffiliated third parties unless the institution provides certain information to the consumer and the consumer has not elected to opt-out of the disclosure.
This notice, in summary, form, is intended to tell you where we obtain information about you and who has access to it once it is received by CWM.
Where we get information. Most of the information we collect about you comes directly from you; for example, investment management agreements or forms that you complete in the process of engaging our services. In addition, we maintain records of each of your transactions and holdings at CWM.
How that information is shared with third parties. We do not sell information about our clients. We provide information about current or former clients from the sources described above to parties outside of CWM only as follows:
A) As necessary to process your business. For example, we transmit account and transactional information to your custodian. Third parties in this category are prohibited by agreement from using information about you except for the narrow purpose for which we gave it to them.
B) Where required or permitted by law or regulation. Examples include responses to a subpoena, court order or regulatory demand.
C) As authorized by you. You may direct us, for example, to send your account statements and confirms to a third party.
Privacy and security. We consider all the information we have about you to be confidential, including the fact that you are a CWM client (unless you tell us otherwise). Your information is only to be handled in the manner described in this notice. Within CWM, we restrict access to information about you to those employees and authorized agents who need to know that information in order to provide products or services to you. We maintain physical, electronic and procedural safeguards that comply with federal standards to maintain the confidentiality of your information.
You may have other questions about how we respect your financial privacy. Please feel free to call Cole Wealth Management at (480) 275-6354 or email firstname.lastname@example.org for additional information or assistance.