In the course of doing business with clients, Permit Capital Advisors, LLC (the “Advisor”) collects nonpublic personal information about clients. "Nonpublic personal information" is personally identifiable financial information about clients. For example, it includes client name, address, social security number, assets and income, account balance, bank account information and purchase and redemption history. The SEC’s Regulation S-P (Privacy of Consumer Financial Information), which was adopted to comply with Section 504 of the Gramm-Leach-Bliley Act, requires investment advisors to disclose to clients their policies and procedures regarding the use and safekeeping of personal information.
The Advisor collects this information from the following sources:
Information we receive from clients on applications, agreements or other forms;
Information about client transactions with us and our service providers, or others;
The Advisor only discloses nonpublic personal information collected about clients as permitted by law. For example, the Advisor may disclose nonpublic personal information about shareholders:
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To government entities, in response to subpoenas or to comply with laws or regulations.
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When clients direct us to do so or consent to the disclosure.
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To companies that perform necessary services for the Advisor, such as custodial organizations, brokerage firms, data processing companies that the Advisor uses to process clients transactions or maintain client accounts.
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To protect against fraud, or to collect unpaid debts.
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We only collect client information that we need in order to perform our investment advisory service.
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We do not sell client information.
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We do not provide client information to persons or organizations outside our firm for their own marketing purposes.
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We require any person or organization providing services to clients on our behalf to protect the confidentiality of client information.
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We afford prospective and former clients the same protections as existing clients with respect to the use of personal information.
Within the Advisor, access to nonpublic personal information about clients is limited to our employees and in some cases to third parties (for example, the service providers described above) as permitted by law. The Advisor and its service providers maintain physical, electronic and procedural safeguards that comply with federal standards to guard shareholder nonpublic personal information.
This policy applies to Permit Capital Advisors, LLC and each investment vehicle to which Permit Capital Advisors, LLC serves as the general partner and/or investment advisor
When visiting our website, the only information we collect about you is your domain name, date and time of your visit, pages on our site that you visit, and the Internet address of the website through which you found us. We plan to use this information collectively and only to improve your online experience. We do not collect any non-public information when you access the website. |
