Privacy Policy

Overview:
LAMCO Advisory Services, Inc. and its affiliated companies (together, “LAMCO”) treat our clients’ personal financial information with confidentiality and respect. Trust, privacy, and confidentiality are the guiding principles upon which LAMCO’s relationship with clients is built, and these principles form the basis for our Privacy Policy, in accordance with the SEC’s Regulation S-P. Because LAMCO is committed to servicing the needs of all who do business with us, we will take all reasonable steps to protect the privacy of all personal financial information that clients provide to us. LAMCO’s Privacy Policy is reasonably designed to: 1) insure the security and confidentiality of client records and information; 2) protect against any anticipated threats or hazards to the security or integrity of client records and information; and 3) protect against unauthorized access to or use of client records or information that could result in substantial harm or inconvenience to clients.

LAMCO employees are responsible for protecting your nonpublic, personal information:
LAMCO employees are informed of their responsibility to protect client confidential information and are bound by this Privacy Policy. We restrict access to clients’ nonpublic, personal information to those employees who need to know that information to provide LAMCO’s services.

Nonpublic, personal information is defined in Regulation S-P to include all information a consumer provides to obtain a financial product or service, or information resulting from any transaction or information otherwise obtained in providing a financial product or service, but does not include publicly available information except when such information is disclosed in a manner that indicates an individual is or has been a consumer of the financial institution.

Privacy on the Internet:

At LAMCO, we recognize the growing problem of electronic identity theft and have taken several important steps to insure our clients’ personal information is not compromised.  We feel that it is not only necessary to comply with the data protection standards of today, but that it is prudent to exceed them. 

In February 2005, LAMCO proactively launched an internal campaign to protect our clients’ personal information.   We have hired a full time data protection specialist with over 15 years of experience in the industry, installed new industry leading firewalls, and put our staff through an extensive training on protecting personal information. 

We are constantly evaluating our policies and procedures and looking for new ways to protect your electronic personal information.

Email Usage:

If clients choose to contact LAMCO via e-mail, we will use e-mail information only for the specific purpose of responding to requests or comments.  E-mail addresses will not be sold, nor will they be shared with others outside of LAMCO, unless we are compelled to do so by law. 

We collect nonpublic, personal information about you from the following sources:
We will limit the use and collection of information about clients to the extent which is necessary to administer our business, provide superior service and offer opportunities that we think will be in our clients’ best interest. 

Generally, we will collect the following:

Information we receive from clients on applications or other forms, including but not limited to, a client’s name, social security number, date of birth, mailing address, legal address, home phone number, business phone number, fax number, country of citizenship, occupation, place of employment, annual household income, net worth, tax bracket, investment experience, investment objectives, income needs, risk attitude, consultant information, and various information about a client’s spouse and immediate family; and

Information about a client we gather from a client’s transactions with us, our affiliates, or others, including but not limited to, your account balances, transaction reports, and parties to transactions.

Sharing information:

LAMCO is made up of a number of companies such as our investment adviser companies, our investment advisor Joint Ventures, and our record keeping companies. All of these companies work together to provide services to clients. By sharing information about clients among our LAMCO family of companies and LAMCO affiliates, we can serve clients more efficiently and make it easier for clients to do business with us. We are permitted to share information concerning client account history and experiences within and among the companies, which comprise LAMCO.

LAMCO may disclose information to non-affiliated parties for the purpose of providing service to your account.  This includes, but is not limited to, investment managers and custodians.

In general, LAMCO reserves the right to disclose all of the nonpublic, personal information we collect (as described in the section above) except as otherwise limited by other provisions of this Privacy Policy and applicable law and unless a client specifically requests that this information is not disclosed. LAMCO limits who receives nonpublic, personal information about clients and what type of information is shared.

Opt out:

If you, as a client of LAMCO, prefer that LAMCO not disclose nonpublic, personal information about you to nonaffiliated third parties, you may opt out of those disclosures. This, however, may restrict the service you receive.  If you wish to opt out of disclosures to nonaffiliated third parties, please send your name, address, social security or taxpayer identification number, telephone number and a specific description of your relationship with LAMCO to:

LAMCO Advisory Services, Inc.
1525 International Pkwy
Suite 2071
Lake Mary, FL 32746

Sharing information with the government:
The Right to Financial Privacy Act, the Welfare Reform Act, the Internal Revenue Code and various other laws and regulations sometimes require us or our contractors, under certain circumstances, to provide certain client information to government agencies. We will only disclose client information to the government or others when we are required to do so by such laws, regulations or by court order. Certain state and federal laws, with which LAMCO must comply, impose certain mandatory disclosures of client information by financial institutions.

Sharing information with third party litigants:
If a client is involved in a legal proceeding, both federal and state law provide parties to the litigation the right to compel the production of records and information from banks and other third party record keepers in certain situations. We will only disclose client information to third party litigants when we are required to do so by lawful judicial process or by court order.

Former customers:
We do not disclose any nonpublic, personal information about our former clients or customers to anyone, except as required by law.

Please note:
LAMCO reserves the right to change this policy at any time by distributing and / or posting a new privacy policy without notice. You should review the LAMCO Privacy Policy periodically to remain informed of any changes.