Privacy Policy and Practices
At Equitable Advisors, Inc. protecting the privacy of customer information is one of our most fundamental responsibilities. This summarizes our policy regarding the confidentiality and disclosure of customer information. We do not sell nonpublic personal information to anyone and only share such information with others as stated in this letter.
Confidentiality and security procedures
We take steps to safeguard customer information. We restrict access to your personal and account information to only those employees who need to know that information to provide products or services to you. We emphasize the importance of confidentiality through procedural safeguards that comply with federal standards to guard your Nonpublic Personal Information. For example, we employ encryption and multi-layer password protected applications. We also use locked file cabinets, password protected computer access, and vaults.
The information we collect
We may collect nonpublic personal information about you from the following sources: 1. your account opening documentation, applications, or other forms (e.g., name, address, phone number, security number, and date of birth); 2. Your transaction with us, our affiliates or others; 3. Information from non-affiliated third parties (e.g., credit history); and 4. Information for special services such as bill payment.
The information we disclose
We may disclose your nonpublic personal information, as described above, to an affiliated third party including investment advisors, banks, and broker-dealers. We also may disclose the above information to non-affiliated third parties to assist us in servicing your account with us: to securities regulators upon request; to others pursuant to subpoena; or as otherwise permitted by law. Even if you decide to close your account(s) or if your account becomes inactive, we will continue to adhere to the privacy policies and practices.
Key Terms
1. Nonpublic personal information is personally identifiable financial information that a customer provides to a financial institution. For example, nonpublic personal information includes information regarding your account value and investment history. 2. An affiliated third party is any corporate control or common corporate control, with another company. 3. A non-affiliated third party is an entity that is not part of our corporate family.