At L&S Advisors, Inc., our relationship with our clients is our most important asset. We understand that you have entrusted us not only with your hard-earned assets, but also with your personal and financial data. We consider our clients’ data to be private and confidential, and we hold ourselves to the highest standards of trust and fiduciary duty in their safekeeping and use. The following describes our firm’s privacy policy.*
What does L&S Advisors, Inc. do with your personal information?
Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.
The types of personal information we collect and share depend on the product or service you have with us. This information can include:
- Social Security number and income
- account balances and transaction history
- assets and risk tolerance
When you are no longer our customer, we continue to share your information as described in this notice.
All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons L&S Advisors, Inc. chooses to share; and whether you can limit this sharing.
| REASONS WE CAN SHARE YOUR PERSONAL INFORMATION | DOES L&S ADVISORS, INC. SHARE? | CAN YOU LIMIT THIS SHARING? |
| For our everyday business purposes – as permitted by law | Yes | No |
| For our marketing purposes – to offer our products and services to you | No | We Don’t Share |
| For joint marketing with other financial companies | No | Yes or We Don’t Share |
| For our affiliates’ everyday business purposes – information about your transactions and experiences | No | We Don’t Share |
| For our affiliates’ everyday business purposes – information about your creditworthiness | No | We Don’t Share |
| For nonaffiliates to market to you | No | We Don’t Share |
How does L&S Advisors, Inc. protect my personal information?
To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.
How does L&S Advisors, Inc. collect my personal information?
We collect your personal information, for example, when you
- seek advice about your investments
- enter into an investment advisory contract
- tell us about your investment or retirement portfolio
- tell us about your investment or retirement earnings
- give us your contact information
We also collect your personal information from other companies.
Why can’t I limit all sharing?
Federal law gives you the right to limit only:
- sharing for affiliates’ everyday business purposes – information about your creditworthiness
- affiliates from using your information to market to you
- sharing for nonaffiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.
Definitions
- Affiliates: Companies related by common ownership or control. They can be financial and nonfinancial companies.
- L&S Advisors, Inc. has no affiliates
- Nonaffiliates: Companies not related by common ownership or control. They can be financial and non-financial companies.
- L&S Advisors, Inc. does not share with nonaffiliates so they can market to you
- Joint Marketing: A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
- L&S Advisors, Inc. does not jointly market
*Throughout the policy, we use “you” and “your” to include not only our existing clients, but also prospective clients. We refer to information that personally identifies you or your accounts as “personal information.”