Privacy Policy

VESTALYZE PRIVACY NOTICE

Effective January 1, 2020

Vestalyze, Inc. (“Vestalyze”) is committed to protecting personal data and respecting your privacy. Please take a moment to review this information to learn about the privacy policies implemented by Vestalyze and the rights available to you.

This Privacy Policy describes our information handling practices when you access our services, which include our content on the websites located at vestalyze.com, any other websites, pages, features, or content we own or operate (collectively, the “Site(s)”) or when youwpengine use the Vestalyze web or mobile app, (as defined below), any Vestalyze or Vestalyze API or third-party applications relying on such an API, and related services (referred to collectively hereinafter as “Services”).

This privacy statement describes how we collect, use, share, protect, and otherwise process any personal information about you. This statement applies to personal information that you provide to us:

  • as a visitor to our websites or as a user of our client portals;
  • when you send us personal information directly as a customer of one of our clients;
  • as a visitor to our premises; and
  • as a contact at one of our customers or their customers, potential customers, suppliers or other business partners.

Vestalyze considers the privacy of its clients to be of vital importance and has established strict measures to preserve the confidentiality of the data you share with us. You should understand how we protect your privacy when we collect and use information, and the measures we take to safeguard such information. To provide our tailored investment management services, we collect specific nonpublic information about you. Our policy is to keep this data confidential and strictly protected, and to use or disclose it only as required to render services to you, or as permitted or required by law. This policy applies to information for current and former clients. We include the details of our Privacy Policy in this document to help you understand how we collect data about you, the type of information we may receive and how we keep that data secure. Keeping consumer data secure and private is a top priority for Vestalyze.

We will not share nonpublic personal information about our clients with non-affiliated third parties without prior client consent, except for the specific purposes described below. It is our policy that no client information obtained by Vestalyze is sold or made available to third parties except that:

  • Third parties may be used by Vestalyze to assist in the management or maintenance of client accounts (such as the Custodian)
  • Client information may be released per applicable laws and regulations

This declaration explains our collection, use, safekeeping and the principles we follow regarding our client’s information.

Personal Information we Collect

Personal information is data that identifies an individual or relates to an identifiable individual. This includes information you provide to us, information which is collected about you automatically, and information we obtain from third parties.

To provide our financial services, we obtain nonpublic, personal information about you, which may include the following:

  • Information that you provide on applications, questionnaires, subscription documents, or other forms including name, address, social security number, assets, spending habits, investment objectives, financial goals, statements of account, and other records concerning your investment plan, wills, trusts, mortgages, tax returns, and income.
  • Information about your transactions with us, our affiliates, or others (e.g., broker/dealers, custodians, clearing firms, or other chosen investment providers, record keepers, and insurance providers) such as balances, payment history, parties to transactions, and account usage.
  • Information about you from other Vestalyze affiliates, credit reporting agencies, and other third parties such as your creditworthiness, credit history, and additional financial background.

Information we Share

Vestalyze shares information in a limited and rigorously controlled manner. We use or share your information to identify and protect you against fraud, allow us to execute our services promptly and efficiently, and prepare the services to meet your needs and to provide you with the most suitable customer experience. Parts of client information that we may share include:

  • Information that you provide on applications, questionnaires, subscription documents, or other forms including name, address, social security number, assets, spending habits, investment objectives, financial goals, statements of account, and other records concerning your investment plan, wills, trusts, mortgages, tax returns, and income.
  • Information about your transactions with us, our affiliates, or others (e.g., broker/dealers, custodians, clearing firms, or other chosen investment providers, record keepers, and insurance providers) such as balances, time stamps, payment history, parties to transactions, and account usage.
  • Information about you from other affiliates of Vestalyze, credit reporting agencies, and additional third parties such as your creditworthiness, credit history, and supplementary information.

Depending on the nature of your relationship with Vestalyze, our firm may share information with other Vestalyze affiliates as well as unaffiliated third parties.

Third Party Services

Vestalyze uses Plaid Inc. (“Plaid”) to gather your data from financial institutions. By using the Service, you grant Vestalyze and Plaid the right, power, and authority to act on your behalf to access and transmit your personal and financial information from your relevant financial institution. You agree to your personal and financial information being transferred, stored, and processed by Plaid in accordance with the Plaid end user privacy policy.

We share information to unaffiliated third parties as required or permitted by state and federal law. Please be assured that whatever the reason for sharing your personal information, we take steps to ensure that those parties respect your privacy by restricting the use of your information to the intention for which it was disclosed. These unaffiliated third parties may include:

  • Companies that offer services to your account that we do not provide ourselves. Such services may consist of account valuation, account statement preparation, computation of fees, and printing services.
  • Companies that will assist in defending your account from fraud.
  • Companies that render services required to perform a transaction you request or to service your account.
  • Government agencies, courts, parties to lawsuits, or regulators in response to subpoenas.

In such circumstances where your personal information may be shared, we only disclose the information that we are required or authorized to share.

Security and Confidentiality

The security of your account is essential to us. Only those persons who need your information to perform their job have access to it. Also, we maintain physical, electronic, and procedural security measures that comply with federal regulations to protect your information in the event of disasters, disruptions, or unforeseen circumstances. Our employees have restricted access to your personal information based on their responsibilities within the firm. All employees are trained to protect the confidentiality of your private information as described in these policies, which are heavily enforced at all times.

Former Clients

If you are no longer an active client of  Vestalyze, it is our practice to remain in compliance with the policies and procedures described in this Privacy Policy.

Privacy Policy Principles:

  • We do not sell our client’s information.
  • Vestalyze does not provide client information to persons or entities outside of our firm who are doing business for separate marketing purposes.
  • We offer prospective clients and former clients with the same protections as existing clients regarding the use of personal information.
  • If you are satisfied with the way that your personal information is managed you do not need to take any action at this time.

Privacy Policy Changes

We reserve the right to amend this Privacy Policy statement. The precedents included in this Privacy Policy are examples, and they are not intended to be restrictive. This notice replaces all previous remarks on our Consumer Privacy Policy and may be changed at any time. We will provide you with annual updates of our privacy policies and with revised policies if there are any modifications in how we handle your personal information.

If you have any questions about our Privacy Policy, contact Vestalyze by writing to 2622 Southern Blvd., Suite 100, Virginia Beach, VA 23452, or feel free to contact us at: support@vestalyze.com.