Privacy Notice
Our Commitment to You
UX Wealth Partners ("UX", the "Adviser", "we", "our" or "us") is committed to safeguarding the use of personal information of our Clients (also referred to as "you" and "your") that we obtain as your Investment Adviser, as described here in our Privacy Notice ("Notice").
Our relationship with you is our most important asset. We understand that you have entrusted us with your private information, and we do everything that we can to maintain that trust.
UX protects the security and confidentiality of the personal information we have and implements controls to ensure that such information is used for proper business purposes in connection with the management or servicing of our relationship with you.
UX does not sell your non-public personal information to anyone. Nor do we provide such information to others except for discrete and reasonable business purposes in connection with the servicing and management of our relationship with you, as discussed below.
Why You Need to Know
Registered Investment Advisers ("RIAs") must share some of your personal information in the course of servicing your account. Federal and State laws give you the right to limit some of this sharing and require RIAs to disclose how we collect, share, and protect your personal information.
What Information Do We Collect From You?
- Social security or taxpayer identification number
- Assets and liabilities
- Name, address and phone number(s)
- Income and expenses
- Email address(es)
- Investment activity
- Account information (including other institutions)
- Investment experience and goals
We may also collect any other information you choose to provide to us or that is necessary to deliver our services and comply with regulatory requirements.
What Information Do We Collect From Other Sources?
- Custody, brokerage and advisory agreements
- Account applications and forms
- Other advisory agreements and legal documents
- Investment questionnaires and suitability documents
- Transactional information with us or others
- Other information needed to service account
We may also receive other information from third parties as needed to open, maintain, or service your accounts or to comply with regulatory obligations.
How Do We Use Your Information?
We use your personal information for one or more of the following business purposes:
- To provide investment advisory, financial planning and related services
- To open, maintain, service, and administer your accounts
- To process transactions and communicate with you about those transactions
- To respond to your inquiries and requests
- To perform due diligence, suitability, and know-your-client (KYC) obligations
- To manage our relationship with you, including account reviews and ongoing communications
- To comply with legal, regulatory, and compliance obligations (including recordkeeping, audits, and regulatory filings)
We may also use personal information for:
- Detecting and preventing security incidents, fraudulent or illegal activity, or misuse of our services
- Debugging to identify and repair errors that impair existing intended functionality
- Internal research, analytics, and service improvement, consistent with our obligations to safeguard client information
We do not use your personal information for purposes that are materially different, unrelated, or incompatible with those described in this Notice without providing you additional notice.
How Do We Protect Your Information?
To safeguard your personal information from unauthorized access and use we maintain physical, procedural and electronic security measures. These include such safeguards as secure passwords, encrypted file storage and a secure office environment.
Our technology vendors provide security and access control over personal information and have policies over the transmission of data. Our associates are trained on their responsibilities to protect Client's personal information.
We require third parties that assist in providing our services to you to protect the personal information they receive from us. We also maintain role-based access controls so that only those personnel who have a business need to access particular client information may do so.
How Do We Share Your Information?
An RIA shares Client personal information to effectively implement its services. In the section below, we list some reasons we may share your personal information.
| Basis for Sharing | Do we share? | Can you limit? |
|---|---|---|
| Servicing our Clients — We may share non-public personal information with non-affiliated third parties (such as administrators, brokers, custodians, regulators, credit agencies, other financial institutions) as necessary for us to provide agreed upon services to you, consistent with applicable law. | Yes | No |
| Marketing Purposes — UX does not disclose, and does not intend to disclose, personal information with non-affiliated third parties to offer you services. | No | Not Shared |
| Authorized Users — Your non-public personal information may be disclosed to you and persons that we believe to be your authorized agent(s) or representative(s). | Yes | Yes |
| Information About Former Clients — UX does not disclose and does not intend to disclose, non-public personal information to non-affiliated third parties with respect to persons who are no longer our Clients. | No | Not Shared |
Retention of Personal Information
We retain personal information for as long as reasonably necessary to:
- Provide advisory and related services
- Maintain business and financial records in accordance with applicable laws and regulations (including securities laws and recordkeeping obligations)
- Protect, defend, or enforce our rights and the rights of our Clients
Retention periods vary based on the type of information and our legal and regulatory obligations. The Firm retains personal information only for as long as necessary to fulfill the purposes described in this Notice, to comply with Rule 204-2 under the Advisers Act, or as otherwise permitted by law.
Children's Privacy
Our services are not directed at individuals below the legal age of majority. We do not knowingly collect data from children under 13 without parental consent.
Changes to Our Privacy Notice
We will send you a copy of this Notice annually for as long as you maintain an ongoing relationship with us. Periodically we may revise this Notice and will provide you with a revised notice if the changes materially alter the previous Privacy Notice.
We will not, however, revise our Privacy Notice to permit the sharing of non-public personal information other than as described in this notice unless we first notify you and provide you with an opportunity to prevent information sharing.
Questions?
You may ask questions or voice any concerns, as well as obtain a copy of our current Privacy Notice by contacting Jeffrey Smith at jsmith@lawvisory.com or by phone at (248) 376-1480.