Raskob Kambourian Financial Advisors Ltd. is committed to maintaining the confidentiality, integrity, and security of the personal information that is entrusted to us.
The categories of nonpublic information that we collect from you may include information about your personal finances, information about your health to the extent that is needed for the financial planning process, information about transactions between you and third parties, and information from consumer reporting agencies, e.g., credit reports. We use this information to help you meet your personal financial goals.
Only with your permission do we disclose information to attorneys, accountants, and mortgage lenders with whom you have established a relationship. You may opt-out from our sharing of information with these nonaffiliated third parties by notifying us at any time by telephone, mail, fax, email, or in person. With your permission, we share a limited amount of information about you with your brokerage firm in order to execute securities transactions on your behalf.
We maintain a secure office to ensure that your information is not placed at unreasonable risk. We employ a firewall barrier, secure data encryption techniques and authentication procedures in our computer environment.
We do not provide your personal information to mailing list vendors or solicitors.
We require strict confidentiality in our agreements with unaffiliated third parties that require access to your personal information, including financial service companies, consultants, and auditors. Federal and state securities regulators may review our Company records and your personal records as permitted by law.
Personally identifiable information about you will be maintained while you are a client, and for the required period thereafter that the records are required to be maintained by federal and state securities laws. After that time, information may be destroyed.
FINANCIAL PLANNING BILL OF RIGHTS
A financial planner works with you to shape your financial future. You share your dreams with the planner and together work to make them a reality. The results are peace of mind and financial security. With such a demanding agenda before you, you have a right to expect the following from your financial planner.
- You have the right to feel comfortable with your planner. Planners set up criteria for the kind of clients with whom they will work. You have a right to work with someone whose approach and personality allow you to participate fully and comfortably. Keep in mind, that the planner is working for you and you have the right to require certain standards.
- You have a right to have your goals and concerns treated with respect, without your planner making value judgments about them.
- You have a right to confidentiality concerning all of the information provided to your planner. This is vital since you will be sharing personal, private information that you may never have told to anyone else.
- You are entitled to written recommendations specifically related to you goals. You have a right to a customized plan that takes into account the uniqueness of your individual situation.
- You have a right to full disclosure, by the planner, of fees and commission charges so that you are fully aware of any potential loss of objectivity. As a consumer, you have a right to know exactly what services you will be receiving and the full costs of the services you are purchasing.
- You have a right to clear explanations for all recommendations and to thorough answers to all of your questions. The planner, who also has the responsibility to be an educator, should be sure that you understand the ramifications of any actions you are taking before you take them.
- You have a right to assistance in the implementation of your plan. Without the guidance of a professional financial advisor to help you determine strategies best suited to your needs, and to properly implement your plan, your expectations may never be realized.
- You have a right to a planner that is available to you. You and your needs are important, and you have a right to be treated accordingly. If you need information or just reassurance or support-while implementing your plan, your planner should be there for you.
- You have a right, and in fact, you should demand, a written contract that spells out the terms of your working relationship. Most importantly, the contract should contain a clause for either you or the planner to discontinue the relationship if you find it inappropriate or unsatisfactory.
- You have the right to obtain references from any planner you are considering. You should also request an initial exploratory meeting with the planner at little or no cost to you.
In exchange for having your Bill of Rights honored, you have the responsibility to work conscientiously with your planner, promptly providing all information requested. You must be prepared to discuss your personal feelings and concerns without withholding any information. You must be as clear as possible about your financial objectives. You must implement the agreed- upon actions in a timely fashion. And you must be open to learning about reasonable expectations, particularly for investment performance.
Together with the appropriate planner, you can make your dreams come true.