Privacy Policy & Notices

Privacy

Family Management Corporation values our customers and respects their right to privacy. We pledge our commitment to treating client information responsibly and we have established the following policy to assure you that we are protecting our customer’s privacy.
We hope you will take a moment to review the privacy policy of the Family Management. We are proud of our policy and practices, and we want you to know how we protect client information and how we use it to service client accounts.

How do we protect the confidentiality and security of client information?
Family Management maintains physical, electronic and procedural safeguards to ensure personal information is treated responsibly and in accordance with our privacy policy. Employees who have access to customer information may use it only for legitimate business purposes. In addition, we safeguard customer information in accordance with applicable data security regulations.

What personal information do we collect about customers?
Family Management collects personal information about clients from the following sources:
• Information we receive from customers on applications and other forms;
• Information about transactions with us through affiliates; and,
• Depending upon the product clients are utilizing, information we receive from consumer reporting agencies, attorneys, accountants, or others.

Family Management may disclose this information to entities that perform marketing (e.g. newsletter fulfillment center) and administrative services on our behalf or as required or permitted by law for legal, regulatory or other purposes.
Family Management has always considered the protection of sensitive information to be a sound business practice and a foundation of customer trust. Within Family Management and among our services providers (e.g. clearing firm), we restrict access to information to those that require that access in order to provide products and services to our clients.

We may share personal information with the following entities:
• Affiliates – Information collected from one affiliate may be shared with other affiliates for investment or advisory purposes. Please also see the Sharing of Information with Affiliates section below;
• Unaffiliated service providers (such as printing\mailing fulfillment services);
• Government agencies and law enforcement officials (for example, for tax reporting or under court order);
• Other organizations, with customer consent (such as credit agencies or banks);
• Other organizations, as permitted by the laws that protect customer privacy (such as for fraud prevention); and,
• We do not sell customer personal information to anyone.

The law allows clients to “opt out” of only certain kinds of information sharing with third parties. We do not share personal information about you with any third parties that triggers this opt-out clause.
If you are a former customer, your information is treated in the same manner as the information of current customers.

Sharing of Information with Affiliates (Regulation S-AM)
Federal law gives clients the right to limit some but not all marketing from Family Management.

Clients may limit Family Management from marketing their products or services to them based on their personal information that they collect and share with each other. This information includes their income, account history, and credit score.

Federal law also requires us to give clients notice to tell them about their choice to limit marketing from Family Management. Family Management assumes clients have chosen to limit marketing offers from Family Management until clients tell us to change that choice.

It is important to understand that there is no requirement for Family Management to give clients notice or the ability to opt-out when an affiliate has a pre-existing business relationship with the client, or provides marketing material in response to an affirmative request by the client, or in response to a communication initiated by the client.