Policy on Privacy of Consumer/Customer Non-public Information

The Gramm-Leach-Bliley Act of 1999 requires certain financial institutions to establish appropriate standards and policies to safeguard client records and information and to advise their clients of these standards and policies. These safeguards are intended to insure the security and confidentiality of client information and to protect against any unauthorized access or use. At BLB&B, we highly value our client relationships and we do not disclose any nonpublic personal information about our clients to anyone, except as permitted by law. Set forth below is a notice, as required by the Gramm-Leach-Bliley Act, summarizing our privacy policy. If you would like more information regarding our privacy policy, contact your account representative.

Information We Collect

To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. Therefore, when you open an account, we will ask for information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents. In addition, as an investment advisor, we collect nonpublic personal information about you from the following sources:

  • Information we receive from you upon becoming a client or that is disclosed during the course of our relationship
  • Information about your transactions with us, our affiliates, and others

Information We Disclose

We do not disclose any nonpublic personal information about you or our former clients, except as permitted by law or as authorized by you. To assist us in offering you services, we share information with companies that act for us on your behalf, such as data processing companies or brokerage clearing firms. These companies assist us in providing a particular service and are obligated to keep the information that we provide to them confidential.

Who Has Access to Your Personal Information

As an investment advisor, we restrict access to your personal and account information to those employees who need to know that information in order to provide services to you. We maintain physical, electronic, and procedural safeguards that protect your nonpublic personal information.