Valicenti Advisory Services, Inc., (VASI) knows the foundation of its business is built on trust. To maintain that trust, VASI is committed to maintaining the privacy of its current and prospective clients. VASI would like to take this opportunity to inform you of how we are committed to protecting your nonpublic personal information (NPI).
Recent federal legislation requires that all financial institutions provide current and prospective clients with a statement outlining the policies and practices related to the sharing of NPI. At VASI, we have always been committed to protecting your privacy and are providing this notice to you to demonstrate our commitment to you. If you decide to end your relationship with us, we will continue to abide by the practices described in this notice.
Why we Collect Information
VASI collects information about you in order to protect your identity from unauthorized access, to better understand your needs as a client, and to provide you with the superior service you have come to expect from us. We use this information to develop, offer, and deliver products and services to process transactions in your account, to respond to inquiries from you or your representative, and to fulfill legal and regulatory requirements.
Information we Collect
We collect information about you from applications and other forms, from transactional activity in your account, from other interactions with VASI, such as through our Website, from verification services, and consumer reporting agencies, from companies providing marketing and demographic information, and information obtained to protect against fraud and identity theft.
How we Keep Information Secure
Your nonpublic personal information is only available to authorized individuals responsible for providing VASI products and services. We maintain physical, electronic, and procedural safeguards that comply with legal requirements to protect consumer information. We are not responsible for the data collection and use practices of nonaffiliated third parties to which our Website may link.
Who we Disclose Information to
VASI only discloses NPI collected about our current and prospective clients as permitted by law. We may disclose the NPI we collect to financial service affiliates such as investment companies and securities broker-dealers performing necessary services for VASI consumers. We may disclose information to companies that perform marketing or other services on our behalf, or to other financial institutions with which we have joint marketing agreements. We may disclose information to government agencies and law enforcement officials in response to subpoenas or to comply with laws. These disclosures will be made only to the extent permitted by law.
These third parties are required to maintain the confidentiality of information we share with them and to use it solely for the purpose for which it is disclosed.
Approved by the Compliance Committee of VASI December 2015