PRIVACY
POLICY FOR CUSTOMERS OF
WEDGEWOOD PARTNERS, INC.
Wedgewood recognizes that it
has a fiduciary obligation to you to keep information about you secure and
confidential.
As an introducing
broker/dealer, Wedgewood is obligated by law to forward information provided by
you to our clearing broker, Ridge Clearing and Outsourcing. This information is
necessary to meet IRS withholding laws, TEFRA, ERISA and other Federal regulations
regarding your investment account with us. It is also required by various
Securities Industry Rules.
Beyond that, Wedgewood does
not sell nor share client information with any other organization. And, even
our clearing broker is prohibited by contract from making your information
available to anyone else.
Wedgewood maintains physical,
electronic and procedural practices to safeguard your personal information. We
evaluate new technology for protecting information and upgrade our systems when
appropriate.
The only time Wedgewood will
release information to another party is when you specifically authorize such
release, or as directed by competent legal authority, (i.e. Subpoena), or
regulatory body, (S.E.C., F.I.N.R.A.). Your authorization to release information
may be in the form of a Deposit Verification, often required for the purchase
of property, a Power Of Attorney, should you grant such power, or information
you specifically direct us to provide to a tax preparation firm, Law Firm, etc.
Without your consent, or an order from competent legal and/or regulatory
authorities as described above, information will not be released.
We must collect a certain
amount of information to provide customer service, offer new products or
services, administer our products and fulfill legal and regulatory
requirements. Specific language and examples may not apply to all customers and
the information we collect varies accordingly.
Examples include:
information
on your application and related forms, such as name, address, date of birth,
Social Security number, gender, marital status, assets, income and investment
option elections;
information about your relationship with us, such as
products or services purchased and account balances;
information
provided by your accountant or attorney;
information
from visitors to our Web sites, such as that provided through online account
access, site visit data and online information collecting devices known as
"cookies". Cookies enable the site to "remember" who you
are so you can navigate the site easier. They also permit you to access secured
information. We do not record personal or sensitive information in our cookies.
We will continue to provide
this notice at the frequency required by law and will notify customers of any
modification at least annually.
We will continue to follow
the policies set forth in this notice even when a customer relationship no
longer exists. However, that party will no longer be entitled to an annual
notice.
This notice is being
provided to you in accordance with the Federal Financial Privacy Law. As
required by law, Wedgewood will provide you with an update of this policy
annually. If you have any questions, please contact us at (314) 567-6407, (800)
537-1252 or wedgewood@wedgewood-partners.com