Investment advisors, like all providers of personal financial services, are now required by law to inform their clients of their policies regarding privacy of client information. At Levitt Capital Management LLC, we work hard to respect the privacy of your personal and financial data.
The Information We Collect About You
We collect information at the inception of a new client relationship such as portfolio value, income, liquidity needs, investment experience, effective tax rates, dependents, name, address, and social security number.
Using Your Personal Data for our Financial Gain
Levitt Capital Management, LLC has never sold client information to any other party, nor have we exchanged such data with any other organization. We have no plans to do so in the future. We will notify you prior to making any change in this policy. As a client, you compensate the Advisor, Levitt Capital Management, LLC, through a management fee; this is how we earn our money for managing yours.
How We Use Your Personal and Financial Data
We collect this information from direct discussions with you, the client, so that we may:
- Facilitate establishing accounts in your name with our custodian.
- Identify your annual income needs.
- Decide on an investment strategy that is most appropriately suited to your individual needs.
- Recommend other professionals who may provide you with services we may not offer at Levitt Capital Management, LLC.
We collect information directly from you, the client, or as permitted by you from other related persons such as your attorney, CPA, etc. We are continuously updating information about our clients so that we may ensure that client objectives, goals, and constraints are being met and circumstances have not dramatically changed.
Parties to Whom We Disclose Information
We take great care in safeguarding your client information by limiting employee access to nonpublic personal information to those who need to know this information in order to serve client relationships. We do not share nonpublic personal information about our current or former clients with outside parties unless we are given express permission to do so or as required or permitted by law.
How We Safeguard Your Personal Information
We strive to maintain complete, current and accurate information about you and your accounts so that we are better able to serve your professional needs and comply with professional guidelines. We restrict access to your information by maintaining physical, electronic, and procedural safeguards to protect your personal information.