planning spotlight
Tapping Into Retirement Accounts Earlier Than Anticipated The economic downturn and persistent high unemployment have led to an alarming, though perhaps inevitable, rise of people tapping into retirement funds before intended. During the second quarter, 62,000 of the 11 million workers using 401(k) plans provided through Fidelity began the process of taking out a hardship withdrawal, up from 45,000 during the first quarter...privacy policy
Trust is the foundation of any important relationship. After all, when you entrust your money to our care, you also entrust us with your goals, plans and perhaps even your dreams for your financial future. That's a responsibility we take very seriously, so we work hard to do the right thing for you by always striving to provide solid value, excellent investment management and the best service possible. We apply that same integrity to protecting your privacy.In recognition of this trust, it is important for you to understand the kinds of personal information collected, how it is used and, perhaps most importantly, what is done to protect it.
What kind of information is collected? All information collected generally falls into one of the following categories.
• Information, such as your address and Social Security number, which you provide on account applications and other forms, submitted by you
• Transactional information about your accounts, such as your investment choices, account balances and transaction history
• Information needed to develop financial plans and investment advisory recommendations
How is the information that is collected used? The information we collect is used primarily to maintain your accounts, process your transactions and insure that we are meeting the financial goals you have entrusted us with.
Is this information used for marketing? We do rely on the information we collect to help us better understand you and your investing needs, so that we can develop and offer investment products and services that may be of interest to you. But, we do not now, nor do we ever intend, to provide your personal data (with or without compensation) to any other organization or corporation other than required by domestic regulatory and/or law enforcement agencies with proper written authority for such disclosure. The only exception to the above policy would be if the information was needed for an affiliated third-party providing services necessary to administer your account(s), such as your accountant, attorney or broker/dealer.
How is your information protected? We have established physical, electronic and procedural safeguards to protect all information (both personal and public) that has been collected. In addition, you can be assured that we treat information about our former investors with the same care we take with our current investors' information. Any personal data provided by you remains solely with the firm, except in circumstances where we may be required to share it with an affiliated third-party, as mentioned above. However, the information shall be conveyed only with your knowledge and consent and consist of the minimum amount needed for the purpose of executing account-related activities. Moreover, most affiliated third-parties are governed by their own strict guidelines that oblige them to protect your information. We strongly recommend contacting any such party and inquiring about their privacy policy.
E-mail: info@financialperspectives.biz