PRIVACY POLICY NOTICE


Formation Wealth Management



Formation Wealth Management is committed to protecting the privacy and security of your personal information. We understand the importance of safeguarding your data and providing you with accurate and efficient service. This policy outlines the information we collect, how we use it, and the measures we take to protect it.

 

Information We Collect:

 

We collect   nonpublic personal information ("Customer Information") to provide you with advisory services. This may include:

 

  • Information You Provide:Data from applications and forms, such as income, spending habits, investment objectives, financial goals, account statements, financial condition, assets, employee benefits, retirement plan interests, wills, trusts, mortgages, and tax returns.
  • Identifying information like your name, age, address, and social security number.
  • Transaction Information:Details about your transactions with us and third parties (e.g., broker-dealers, clearing firms, investment sponsors).
  • Information from Other Sources:Data from consumer reporting agencies (e.g., credit bureaus) and other materials used to provide recommendations or fulfill service requests.


Security of Your Information:


  • Access to your nonpublic personal information is restricted to employees who require it to service your account.
  • We maintain physical, electronic, and procedural safeguards that comply with applicable federal and state standards to protect your information.


Information We Disclose:


We do not disclose your nonpublic personal information except:

  • To facilitate our business relationship with you, to necessary parties for transactions and authorized services (e.g., broker-dealers, custodians, independent managers).
  • To persons assessing our compliance with industry standards (e.g., licensing authorities, consultants).
  • To our attorneys, accountants, and auditors.
  • As required by law.


We are permitted by law to disclose your information to governmental agencies and third parties in certain circumstances (e.g., administrative or marketing services). These third parties are prohibited from using or sharing the information for any other purpose.


Former Clients:


  • If you close your account or become an inactive customer, we will continue to adhere to our privacy policies, which may be updated periodically.


Changes to Our Privacy Policy:


  • In the event of a material change to our privacy policy regarding the use of your confidential information, we will provide you with written notice. Where applicable, you will have the opportunity to limit or opt-out of such disclosures.


Questions:


If you have any questions about this privacy notice or the privacy of your information, please call us at 904-395-5636.