Online Privacy Statement
PRIVACY NOTICE AND POLICY
You are receiving this privacy notice from Berthel Fisher & Company and its subsidiaries and affiliates, including but not limited to Berthel Fisher & Company Financial Services, Inc. (member FINRA/SIPC), Securities Management & Research, Inc. (member FINRA/SIPC), BFC Planning, Inc. and Commercial Power Finance, Inc. (collectively referred to as “Berthel Fisher”) and on behalf of the Registered Representatives and Investment Adviser Representatives who are associated with Berthel Fisher (“Representatives”) because you are either a customer or investor of Berthel Fisher or are considering becoming one. This notice describes our practice concerning the handling of your personal information.
SECURITY STANDARDS
Berthel Fisher is committed to protecting the personal data we obtain from you to help protect against disclosure of information to unauthorized parties. Only those persons who need to do so as part of their job responsibilities are authorized to have access to your information. We train our employees on privacy and information security and on their obligations to protect your information.
INFORMATION WE GATHER AND SHARE WITH OTHER COMPANIES
We do collect and retain nonpublic personal information about you, including information we receive from you or your Representative, such as your name and address, tax identification number, account balances, financial information, servicing information and brokerage activity.
While we do not sell information to third parties, we may disclose nonpublic personal information about you to affiliates, Representatives, regulators, or to third party firms we may retain for clearing, accounting, legal, computer and software services and as permitted by law. We are selective in choosing these companies and we restrict the information we provide them to only what they need to do their job. They are not permitted to use the information for any purpose other than to assist in the servicing of your accounts or as permitted by law and they are not permitted to release this information, use it for their own purposes or transfer it to any other party. If you close your Berthel Fisher account or if your Representative elects to change firms, your Representative will be permitted to retain copies of your non-public information to assist with the timely transfer of your account and to continue to serve you at the new firm. If you do not want your Representative to transfer this information, please notify us in writing at the address below to opt out of this information sharing.
MAINTAINING ACCURATE INFORMATION
We strive to maintain complete and accurate information about you and your accounts. If you believe that our records contain inaccurate or incomplete information about you, or you believe we have reported information about you, which we should not have done, please contact us immediately. We will investigate your concern and correct any inaccuracies we find and will confirm with you, any actions we take.
Berthel Fisher & Company
4201 42nd St. NE, Suite 100
Cedar Rapids, Iowa 52402
1-800-356-5234
June 2016
I. IMPORTANT PRIVACY POLICY INFORMATION
Planned Investment Co., Inc. considers the privacy of its customers nonpublic personal information, whether current or former, to be a matter of the utmost importance. We believe that any personal nonpublic customer data provided to us should be treated with the highest level of regard. This Privacy Policy is being provided to our customers to outline our current policy and practices with regard to how nonpublic personal information about individual customers is collected and used as well as secured and shared. Collecting Nonpublic Personal Information: We collect non-public personal information including your name, address, date of birth, social security number, financial and suitability information, government issued identification, and more, through the completion of applications and forms, in order to open, update and maintain accounts that are held through Planned Investment Co., Inc.. We also collect information about your transactions we process through our clearing firm and other fund and insurance companies we have an agreement with which may include your account balance, investment history and parties to transactions. We Do Not Sell Your Personal Informationhowever for our everyday business purposes,we must allow access to nonpublic personal information with companies that assist or perform services on our behalf, such as opening accounts, processing transfers, transactions, printing/mailing services and maintaining our IT systems. We require these companies to protect the confidentiality of your nonpublic personal information and to use it only for the intended purpose in which it was allowed. We do not however, share nonpublic personal information we collect about you or any of our former customers with anyone, except as required or permitted by law including responding to court orders and legal investigations, reporting to credit bureaus, law enforcement, or government or regulatory agencies, or as authorized by you in writing. This includes not sharing your nonpublic personal information with your registered representative when he/she leaves our firm. Security: Planned Investment Co., Inc. maintains physical and procedural safeguards that comply with Federal standards to guard customer information, and has procedures in place for its appropriate disposal and protection against its unauthorized access or use when we are no longer required to maintain the information. Planned Investment Co., Inc. recommends that you DO NOT provide your password to access your account information to anyone for any reason. If you are the subject of identity theft and/or a security breach, inform us right away. Accuracy: The accuracy of your personal information is important. If you need to correct or update information we have on record for you, let us know as soon as you’re aware. In some cases, a written note and supporting documentation may be necessary to facilitate your request. Employee Access To Information: All Planned Investment Co., Inc. employees must adhere to Planned Investment Co., Inc.’s confidentiality policy. Employee access to customer information is authorized for business purposes only while employed with Planned Investment Co., Inc.. Our Requirement: As your broker-dealer and/or Investment Adviser Firm, Planned Investment Co., Inc. provides an initial and subsequent annual privacy policy notice to all existing customers as required by the Gramm-Leach-Bliley Act. A copy of our Privacy Policy is available to all clients and prospective clients of Planned Investment Co., Inc. at any other time upon request. If you are receiving this notice but are no longer a client, please accept our apology for the inconvenience and let us know by calling 800-735-0368. Opting-Out: Companies that share customer information with other companies for the purpose of marketing their products to you must provide what’s called an Opt-Out Program – which allows you to have your contact information excluded from the sharing arrangement. Because we do not share your information with third parties for any reason not allowed by law, an opt-out program is not needed nor required.