7100 West Center Road, Suite 500

Omaha, NE 68106 • 800-747-6111

Securities America, Inc. • Member FINRA/SIPC

Securities America Advisors, Inc. • An SEC Registered Investment Advisory Firm • 10/08

 

This Privacy Notice is from Securities America, Inc. (SAI) and

Securities America Advisors, Inc. (SAA). SAI is a broker-dealer

and an insurance agency and is in the business of providing

brokerage services and insurance products to customers. SAA

is an investment advisor and is in the business of providing

financial planning and investment advisory services to customers.

In this Notice, SAI and SAA may be collectively referred

to as the “Securities America Companies.”

SAI and SAA are owned by Securities America Financial

Corporation. While each of the Securities America Companies

operates as a separate company, SAI and SAA share personnel

and facilities to provide coordinated administrative and support

services for clients. The Securities America Companies are committed

to safeguarding your confidential information. Except as

is described in this Notice and as may be required or permitted

by law, the Securities America Companies do not share your

Customer Information with nonaffiliated third parties.

CUSTOMER INFORMATION WE COLLECT. SAI and SAA collect

and develop personal information about you. The term

“Customer Information” means any type of personally identifiable

information provided by you or gathered about you that is

not generally publicly known. The essential purpose for collecting

Customer Information is to provide and support the financial

products and services you obtain from the Securities America

Companies. The categories of Customer Information collected

by the Securities America Companies depend upon the scope of

the engagement with your Securities America Investment

Representative, and are generally described below.

As a broker-dealer and insurance agency, SAI collects and

develops Customer Information in order to provide brokerage

and insurance products and services. Customer information SAI

collects includes:

• Information we receive from you on applications or

other forms and specifically including your name,

address, Social Security number, income, income tax

rate, net worth, financial objectives, risk tolerance and

the names of beneficiaries.

• Information we receive or obtain from other sources,

including:

> Information collected and developed by issuers of

securities, insurance products or services you own,

in order to issue, administer and process transactions

relating to these products or services.

> For products involving the extension of credit, information

about your creditworthiness and credit history

that we may obtain from unaffiliated consumer

reporting agencies.

> Information about your financial products and services

transactions with SAA.

• If you apply for insurance products through SAI, we may

collect health information that you provide to us.

As a financial planner and an investment advisor, SAA collects

and develops Customer Information about you in order to provide

investment advisory services. Customer Information SAA

collects includes:

• Information the Securities America Companies receive

from you on financial inventories through consultation

with your SAA Representative. This Customer

Information may include personal and household information

such as income, spending habits, investment

objectives, financial goals, statements of account, and

other records concerning your financial condition and

assets, together with information concerning employee

benefits and retirement plan interests, wills, trusts,

mortgages and tax returns.

• Information developed as part of financial plans, analyses

or investment advisory services.

• Information concerning investment advisory account

transactions, such as wrap account transactions.

• Information about your financial products and services

transactions with SAI.

The Securities America Companies restrict access to

Customer Information to our Representatives and employees

who need the information to perform their job responsibilities.

The Securities America Companies maintain agreements, as

well as physical, electronic and procedural security measures

that comply with federal regulations to safeguard your

Customer Information.

To administer, manage and service customer accounts,

process transactions and provide related services for your

accounts, it is necessary for us to provide access to

Customer Information within the Securities America

Companies and to certain nonaffiliated companies. We may

share Customer Information we gather with:

• Independent registered investment advisor firms and

insurance agencies affiliated with your Representative.

• Companies related under common ownership

(Securities America Financial Corporation is a wholly

owned subsidiary of Ameriprise Financial, Inc.)

• Entities that perform services for us or function on our

behalf (including check printing services, clearing broker-

dealers, investment companies and insurance

companies).

• Third-party administrators and vendors for the purposes

of providing current and future information on your

account (such as transaction history, tax information

and performance reporting).

• Companies that market services on our behalf, or financial

institutions with whom we have entered into a joint

marketing or networking agreement in order to provide

you with valuable financial products or services.

• Others as permitted or required by law (such as government

entities, consumer reporting agencies or other

third parties in response to subpoenas, arbitration or

litigation actions, or regulatory inquiries).

• Other organizations, with your consent.

• The Securities America Companies recognize the right

of each customer to select a representative (or advisor)

to provide brokerage, investment advisory and

insurance products and services. In connection with

the transfer of your representative’s securities or advisory

registration to another firm, your Customer

Information may be shared with your representative

and his (or her) new firm. The Information to be

shared may include Confidential Information in the

custody of your representative as well as other information

in our possession or in the possession of certain

nonaffiliated third parties who perform services

for your account that we believe are necessary to

transfer your account, including your address, telephone

number, email address, account number and

type, transaction history, tax reporting information and

other information relating to your account.

• In addition, in the event your representative (or his/her

estate) agrees with an unaffiliated representative to

sell all or some portion of his/her securities, advisory

or insurance business, your confidential Customer

Information may be shared with the acquiring representative

and his/her firm.

You may prevent disclosure of your Customer Information by

instructing the Securities America Companies not to provide

your Customer Information in these instances by calling

Securities America at 800-747-6111 and pressing “1” to be

directed to the Regional Customer Service Support Unit. You

may prevent this disclosure now or at any later time. In addition,

you may call this same number to revoke or withdraw

your instruction to not share your Customer Information.

To the extent you provide health information to SAI for the

purpose of making application for insurance products, such

information will not be disclosed to nonaffiliated companies

for any purpose, except:

• to underwrite or administer your insurance policy or

related claims;

• as required by law; or

• as authorized by you.

If you close an account with either of the Securities America

Companies, we will continue to operate in accordance with

the principles stated in this Notice.

In November 1999, Congress enacted the Gramm-Leach-

Bliley Act (GLBA). GLBA requires financial institutions,

including broker-dealers, investment advisers and investment

companies to adopt policies and procedures designed

to protect the privacy of Customer Information. To the extent

a financial institution discloses Customer Information to

nonaffiliated third parties other than as permitted or required

by law, customers must be given the opportunity and means

to opt out (or, prevent) such disclosure.

• Opt out states. If you live in a state that permits you to

opt out (or, prevent) disclosure of your Customer

Information, and you do not wish for us to share your

Customer Information with your representative should

he/she sell his/her securities business to an unaffiliated

representative or transfer her/his securities registration

to another firm, you have the right to opt out of such disclosure.

If you wish to prevent sharing of your Customer

Information, please call the Securities America

Companies at 800-747-6111 and press “1” to be

directed to the Regional Customer Service Support Unit.

• Opt in states. If you live in a state which requires a

financial institution to obtain your affirmative consent to

authorize sharing your Customer Information, the

Securities America Companies will seek your written

instruction to authorize disclosure of your confidential

Customer Information before that data is shared. The

current opt in states are:

> California

> Maine

> Massachusetts

> New Mexico

> North Dakota

> Vermont

We may make changes to this policy at any time and will

inform you of changes, as required by law. To receive the

most up-to-date Privacy Notice, you can visit our website at

www.securitiesamerica.com (under the Investors > Investor

Information section) or call us at (800) 747-6111.

 

Our Commitment to Protecting Your Privacy