Privacy Policy
Last updated: January 1, 2014
At HD Vest Financial Advisors, we are committed to protecting the privacy and security of your personal and financial information. This privacy policy describes the types of information we collect, how we use and safeguard that information, and the circumstances under which we may share it with third parties. This policy applies to all current, former, and prospective clients.
Information We Collect
In the course of providing financial advisory, investment management, and tax services, we may collect the following types of nonpublic personal information:
- Information you provide directly: Name, address, telephone number, email address, date of birth, Social Security number, employment information, income, net worth, investment experience, risk tolerance, financial goals, tax returns, and account statements.
- Information from account activity: Transaction history, account balances, investment holdings, contributions, withdrawals, and distribution records.
- Information from third parties: Credit reports, information from other financial institutions involved in transferring accounts, and information from clearing firms and custodians that hold your assets.
- Information from website usage: When you visit our website, we may collect standard web server log information including your IP address, browser type, pages visited, and the date and time of your visit. We may also use cookies to enhance your browsing experience.
How We Use Your Information
We use the personal information we collect for the following purposes:
- To provide financial planning, investment advisory, and tax preparation services
- To open and maintain your accounts with clearing firms and custodians
- To process transactions and manage your investment portfolio
- To prepare your tax returns and provide tax planning advice
- To communicate with you about your accounts, financial plan, and relevant market developments
- To comply with legal and regulatory requirements
- To protect against fraud and unauthorized transactions
Information Sharing
We do not sell your personal information to third parties. We may share your nonpublic personal information only in the following limited circumstances:
- With service providers: We may share information with companies that perform services on our behalf, such as clearing firms, custodians, account administrators, and technology providers. These service providers are contractually obligated to keep your information confidential and to use it only for the purposes for which it was disclosed.
- With affiliated companies: We may share information within the HD Vest Financial Services family of companies, including HD Vest Investment Services and HD Vest Advisory Services, to the extent permitted by law and necessary to provide our services.
- As required by law: We may disclose information in response to a court order, subpoena, regulatory inquiry, or other legal process, or as otherwise required by federal or state law.
- With your consent: We may share information with other parties when you have provided your express written authorization to do so, such as when you direct us to coordinate with your attorney, accountant, or other professional advisor.
Opting Out
Federal law gives you the right to limit some but not all sharing of your personal information. You may opt out of the sharing of your nonpublic personal information with non-affiliated third parties for marketing purposes (to the extent such sharing occurs) by contacting our office. Please note that you cannot opt out of information sharing that is necessary to service your accounts or comply with legal requirements.
Safeguarding Your Information
We maintain physical, electronic, and procedural safeguards to protect your nonpublic personal information, including:
- Restricting access to personal information to employees and authorized personnel who need it to perform their job functions
- Maintaining secure computer systems with firewalls, encryption, and access controls
- Requiring employees to complete privacy and security training
- Storing physical documents containing personal information in locked facilities
- Properly disposing of personal information that is no longer needed through shredding of paper documents and secure deletion of electronic records
Regulation S-P Compliance
This privacy policy is provided in accordance with Regulation S-P, adopted by the Securities and Exchange Commission pursuant to the Gramm-Leach-Bliley Act. Regulation S-P requires financial institutions to provide customers with a clear and conspicuous notice of their privacy policies and practices, and to provide customers with an opportunity to opt out of certain information-sharing arrangements.
Children's Privacy
Our services are not directed to individuals under the age of 18, and we do not knowingly collect personal information from children. If we become aware that a child under 18 has provided us with personal information, we will take steps to delete such information.
Changes to This Policy
We reserve the right to modify this privacy policy at any time. If we make material changes, we will notify you by mail or email and provide you with a revised copy of the policy. We encourage you to review this policy periodically to stay informed about how we are protecting your information.
Contact Us
If you have questions about this privacy policy, wish to opt out of certain information sharing, or would like to request a copy of the information we have on file for you, please contact us:
HD Vest Financial Advisors
Irving, Texas 75038
Phone: (972) 870-6000
Email: [email protected]
Securities offered through HD Vest Investment Services, member SIPC. Advisory services offered through HD Vest Advisory Services. HD Vest Financial Services is the holding company for the group of companies providing financial services through its broker-dealer and investment advisory subsidiaries.