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The Oxford Private Client Group's Privacy Policy
We value the trust our customers have placed in us and we are committed to the responsible management, use, and protection of our customers’ personal information. Please take a moment to review our privacy policy on how we protect your information and use it to service your account(s).
Information We Collect From You
Oxford collects personal information about you to help us serve your financial needs, process transactions in your account(s), provide customer service, offer new products or services, and fulfill legal and regulatory requirements. Oxford collects "nonpublic personal information," which is defined as information provided from you and other sources, including:
• Information you provide to us, our affiliated entities, or your advisor on account applications, related forms, discussions with our employees and advisors, and on our website, such as address, social security number, birth date, net worth, assets, income, and medical information, if applying for insurance.
• Information regarding your transaction history with us, such as products or services purchased, account balances, trading history, and payment history, as well as information from information service companies and consumer reporting agencies, such as your transactions or credit relationships with unaffiliated third parties.
• Information from other unaffiliated third parties, including employers, associations, benefit plan sponsors, and other institutions, if you transfer positions or funds to Oxford, such as address, social security number, net worth, assets, and income.
• For retirement plans, Oxford additionally collects information about the Plan Sponsor, the Plan and participants of the Plan in order to provide investment products, employee benefit plan related advice, non-discrimination testing, other testing, or other services and to fulfill legal and regulatory requirements.
Sharing Information
We may disclose any of the nonpublic personal information that we collect about you, as required to conduct our business and as permitted or required by law. We may share information about our customers with our affiliated companies and/or with unaffiliated financial or non-financial services providers, such as insurance companies, mutual fund companies, banks, investment firms, third-party administrators, clearing firms, and other third parties who assist us in providing account maintenance or customer service to your account(s) or retirement plan(s). We also may share your information with regulators and law enforcement organizations, or in response to a subpoena or discovery request, as permitted or required by law.
We do not sell, share, or disclose your nonpublic personal information to unaffiliated third-party marketing companies. If the advisor servicing your account(s) leaves Oxford to join another broker/dealer, the advisor may retain copies of your personal information so that he or she can continue to serve you at the new firm under the following circumstances:
Opting In. If you live in an "opt-in" state, where we are required to obtain your affirmative consent to share your nonpublic personal information with unaffiliated third parties who do not currently assist us in servicing your account, we will obtain your consent before we allow your advisor to take your information with him or her should your advisor leave Oxford.
Outing Out. If you live in an "opt-out" state and do not want your advisor to take your information with him or her should your advisor decide to leave Oxford in the future, you have the right to opt out of such disclosure. If you have a joint account, we will treat an opt-out direction by a joint customer as applying to all associated joint customers.
Pursuant to the above, your representative may share your information with the new firm, but is otherwise required to keep confidential the personal information obtained from you while the advisor was affiliated with Oxford, and he or she may only use it to service your account(s).
Safeguarding Information
Oxford recognizes the need to prevent unauthorized access to the information we collect, including information held in electronic format. Oxford authorizes access to your nonpublic personal information only to personnel who need that information to serve you. We maintain physical, electronic, and procedural safeguards regarding your nonpublic personal information to ensure that we comply with our own policy, industry practices, and federal and state regulations. If you decide to close your account(s) or become an inactive customer, we will adhere to the privacy policies and practices as described in this notice.
Questions You do not have to contact us to benefit from Oxford's privacy protections; they apply automatically to all of our customers and former customers. If you have any questions after reading this privacy policy, however, we encourage you to contact your advisor or to write to Oxford PCG, 1900 LaSalle Ave., Minneapolis, MN 55403.
Last Updated: January 2008 |
