Your Privacy is Important to Us
At Univest Securities, LLC we recognize the importance of protecting your privacy. We strive to maintain the privacy of your personal nonpublic information while we help you achieve your financial objectives. The following disclosure explains what nonpublic personal information we collect about you, why we collect it, what we do with that information, and the steps we have put in place to protect the nonpublic personal information you have entrusted to us.
The following describes how Univest Securities, LLC and its affiliates (collectively Univest Securities, LLC) handle your personal information and the steps it takes to protect your privacy.
Accessing Information
Access to customer information by employees is authorized for Univest Securities Inc. business only. Access is on a need-to-know basis, Univest Securities, LLC requires its employees who have access to customer information to protect it and to keep it confidential. The following describes how Univest Securities, LLC and its affiliates (collectively Univest Securities, LLC) handle your personal information and the steps it takes to protect your privacy.
Security Standards
Univest Securities, LLC continues to assess new technology to evaluate its ability to provide additional protection of your personal information. We safeguard this information in accordance with federal standards and established security standards and procedures. Measures we take in this regard including the implementation of physical, electronic, and procedural safeguards. The following describes how Univest Securities, LLC and its affiliates (collectively Univest Securities, LLC) handle your personal information and the steps it takes to protect your privacy.
Sharing Information
Univest Securities, LLC and its affiliates may share the information described above between the companies to provide customer service, offer new products, and ensure that your financial needs are met. In the course of conducting business, we may disclose some or all of the previously described information about you to our clearing firm, Velox Clearing, LLC, non-brokers, Univest Securities, LLC businesses, and other businesses including non-affiliated third parties, as allowed by law for the purpose of:
- Providing customer services and account maintenance;
- Responding to a subpoena, to prevent fraud and/or money laundering, or to comply with an inquiry of an authorized government agency or regulator, and;
- Performing services for us on our behalf in developing and maintaining information systems.
Univest Securities, LLC does not disclose any personal non-public information to any non-affiliated third party for purposes of marketing or any purpose other than stated above.
Information We Collect
To serve you better and to manage our business, it is important that we collect and maintain accurate information about you. We collect nonpublic personal information about you, including, your name, address, social security number, and financial information, from the following sources:
- From you on the telephone, in person, or through the mail;
- From you on applications or other forms you complete;
- Through transactions in your accounts with us, our affiliates, or others;
- From our internet website; and;
- From third parties with whom we deal, such as a consumer reporting agency, to verify the information we receive from you and your creditworthiness.
To the extent permitted by law, we may disclose the information we collect, as described above, to agents, brokers, and representatives who serve you.
Protecting Your Information
We restrict access to your nonpublic personal information to those employees and agents who need access to the information to perform their job functions or provide products or services to you. We protect your nonpublic personal information from access by third parties by maintaining physical, electronic, and procedural safeguards. We strive to ensure the protection of client personal information from receipt through destruction.