Financial Economics Consulting Group, Inc. (FECG), an independent fee-only financial services firm, is committed to safeguarding the confidential information of our clients.  We hold all personal information provided to our firm in the strictest confidence.  These records include all personal information that we collect from you in connection with any of the services provided by FECG. Our policy  with respect to personal information about you is listed below:

 

·    We do not sell your personal information to anyone.

 

·    We collect personal information (public and nonpublic) from clients based on the scope of the client engagement.  This information may also include details about your health to the extent that it is needed for the planning process in addition to information about transactions between you and third parties.

 

·    We limit employee access to information only to those who have a business or professional reason for knowing, and only to nonaffiliated parties as permitted by law. 

 

(For example, federal regulations permit us to share a limited amount of information about you with a brokerage firm in order to execute securities transactions on your behalf, or so that our firm can discuss your financial situation with your accountant or lawyer). 

 

·    For unaffiliated third parties that require access to your personal information, including financial service companies, consultants, and auditors, we also require strict confidentiality in our agreements with them and expect to keep this information private.  Federal and state regulators also may review firm records as permitted under law.

 

·    We do not provide your personally identifiable information to mailing list vendors or solicitors for any purpose.

 

·    Personally identifiable information about you will be maintained during the time you are a client, and for the required time thereafter that such records are required to be maintained by federal and state securities laws, and consistent with the CFP Board of Ethics and Professional Responsibility.  After this required period of record retention, all such information will be destroyed.

·    We continue to evaluate our efforts to protect personal and financial information and make every effort to keep your personal and financial information accurate and up to date.

We will provide notice of changes in our information-sharing practices.

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Here are some tips that you can use to minimize your risk of identity theft or account fraud:  

·         Do not give out your  checking account, credit card or Social Security number over the phone unless you initiate the call  and know  with whom  you’re dealing .

·         Report lost or stolen checks and credit cards immediately.

·         Store cancelled and new checks in a safe place.

·         Do not put outgoing mail in your mailbox. Drop it in a secure postal service collection box. Thieves may use your mail to steal your identity information.

·         If regular bills fail to reach you, call the companies and determine the reason. Someone may have filed a false change of address form to divert your information. 

You may now access your credit reports via email once a year for free. Just contact Equifax, Experian, and Trans Union through their websites to request your copy of your credit report.  This is a result of a new federal law.

·         Periodically contact the major credit bureaus to review your file and be sure the information is correct. The three major credit bureaus are:

            Equifax               800-685-1111

            Experian             888-397-3742

            Trans Union        800-916-8800

Be informed and take the right precautions to avoid being a victim of identity theft and account fraud.

 

Financial Economics Consulting Group, Inc.   -   2316 University Blvd., Suite 100   -   Tuscaloosa, AL  35401

Phone: 205-345-0934   -   Fax: 205-391-0927   -   Email: info@fecg.com