Pursuant to applicable federal and/or state privacy regulations Regent Wealth Management Group (referred to as “Regent”) is a financial institution that has determined to keep confidential nonpublic personal information about each Regent client.
Nonpublic personal information is defined to mean personally identifiable financial information that is provided by a consumer to a financial institution, results from any transaction with the consumer or any service performed for the consumer, or is otherwise obtained by the financial institution.
Personally identifiable financial information means any information:
(1) a consumer provides to a financial institution to obtain a financial product or service;
(2) about a consumer resulting from any transaction involving a financial product or service between a financial institution and a consumer; or
(3) a financial institution otherwise obtains about a consumer in connection with providing a financial product or service to that consumer.
Attached hereto and made a part hereof is a copy of Regent’s Privacy Notice that is to be distributed by Regent:
(a) to each existing Regent client; and
(b) to each new client prior to or at the time of establishing a “customer relationship” with Regent; and
(2) annually thereafter for as long as the client maintains its relationship with Regent.
Regent Wealth Management Group (referred to as “Regent”) maintains physical, electronic, and procedural safeguards that comply with federal standards to protect its clients’ nonpublic personal information (“information”). Through this policy and its underlying procedures, Regent attempts to secure the confidentiality of customer records and information and protect against anticipated threats or hazards to the security or integrity of customer records and information.
It is the policy of Regent to restrict access to all current and former clients’ information (i.e., information and records pertaining to personal background, investment objectives, financial situation, tax information/returns, investment holdings, account numbers, account balances, etc.) to those employees and affiliated/nonaffiliated entities who need to know that information in order to provide products or services in furtherance of the client’s engagement of Regent. In that regard, Regent may disclose the client’s information:
(1) to individuals and/or entities not affiliated with Regent, including, but not limited to the client’s other professional advisors and/or certain service providers that may be recommended or engaged by Regent in furtherance of the client’s engagement of Regent (i.e., attorney, accountant, insurance agent, broker-dealer, investment adviser, account custodian, record keeper, etc.);
(2) required to do so by judicial or regulatory process; or
(3) otherwise permitted to do so in accordance with the parameters of applicable federal and/or state privacy regulations. The disclosure of information contained in any document completed by the client for processing and/or transmittal by Regent to facilitate the commencement/continuation/termination of a business relationship between the client and/or between Regent and a nonaffiliated third party service provider (i.e., broker-dealer, investment adviser, account custodian, record keeper, insurance company, etc.), including, but not limited to, information contained in any document completed and/or executed by the client in furtherance of the client’s engagement of Regent (i.e., advisory agreement, client information form, etc.), shall be deemed as having been automatically authorized by the client with respect to the corresponding nonaffiliated third party service provider.
Should you have any questions regarding the above, please contact Alan P. Weiss, Chief Compliance Officer.