How and why we obtain personal information
Balentine may collect this nonpublic personal information about you in any of the following ways:
- Client Investment Questionnaire (e.g., Social Security number, date of birth, income and assets);
- Transaction activity (e.g., types of transactions, balances);
- Information about your transactions and account experience with Balentine;
- Information from consumer reporting agencies (e.g., to verify your identity, to assess your creditworthiness);
- Information from other outside sources regarding your employment, credit, or other relationship with them;
- Demographic and other general information we obtain that allows us to develop new services we can offer you but that will not be used in any way to determine your eligibility for services that you request.
Balentine limits the collection, use, and retention of your personal information to the extent of assisting us to properly administer our business, service your account, and continue to improve our services to you.
How we protect the collection of your information
Balentine recognizes the importance of protecting your personal information, and we take the responsibility of handling your personal information extremely seriously. Balentine does not sell client information to anyone. Balentine does not disclose any nonpublic personal information about you, whether you are a current client or a former client, to anyone, except as permitted by law or as authorized by you. We may share your personal information that we collect on a strictly limited, confidential basis with the following entities:
- Affiliates such as service providers;
- Unaffiliated third parties, such as your account custodians and brokers;
- Regulatory agencies, such as the SEC, along with federal and state law enforcement agencies;
- Governmental agencies, such as the IRS;
- Credit reporting and verification resources;
- In connection with a subpoena or similar legal process, a fraud investigation, or an audit.