Privacy Policy for Innovative Asset Advisors Group
Effective Date: June 1, 2025
At Innovative Asset Advisors Group, we are committed to protecting the privacy and security of your personal and financial information. This Privacy Policy outlines how we collect, use, disclose, and safeguard your information, whether in printed or electronic form, in compliance with applicable federal and state laws, including the Gramm-Leach-Bliley Act (GLBA) and Regulation S-P.
Information We Collect
We collect information that helps us provide investment advisory services tailored to your needs. This includes:
Personal Information: Name, address, phone number, email address, Social Security number, date of birth, and other identifiers.
Financial Information: Income, net worth, investment goals, account numbers, transaction history, and other financial details.
Other Information: Employment history, marital status, beneficiary information, and any other data you provide or that we obtain through our services.
We collect this information when you:
Open an account or engage our services.
Provide information through applications, forms, or communications (written, electronic, or verbal).
Conduct transactions or interact with us or our service providers.
Visit our website or use our online portals (e.g., cookies, IP addresses, or browsing data).
How We Use Your Information
We use your information to:
Provide and manage investment advisory services, including portfolio management and financial planning.
Process transactions and maintain your accounts.
Comply with legal and regulatory requirements, such as tax reporting or anti-money laundering obligations.
Communicate with you about your accounts, services, or market updates.
Improve our services, including through aggregated and anonymized data analysis.
How We Protect Your Information
We maintain robust physical, electronic, and procedural safeguards to protect your information, whether stored in printed or electronic form. These safeguards include:
Physical Security: Secure storage of printed documents in locked facilities with restricted access.
Electronic Security: Use of encryption, firewalls, secure servers, and password-protected systems to safeguard electronic data.
Procedural Safeguards: Employee training on data protection, restricted access to sensitive information, and regular audits of our security practices.
Third-Party Oversight: Ensuring that service providers (e.g., custodians, technology vendors) adhere to strict confidentiality and security standards.
Mobile Opt-In, SMS consent, and phone numbers collected for SMS communication purposes will not be shared with third parties and affiliates for marketing purposes.
We regularly review and update our security measures to address evolving risks and comply with applicable laws.
How We Share Your Information
We do not sell your personal information. We may share your information only in the following circumstances:
With Your Consent: We may share your information with third parties beyond our typical business operations only with our explicit consent.
For Business Purposes: We may share information with service providers, such as custodians, brokers, or technology vendors, who assist in delivering our services. These parties are contractually obligated to protect your information and use it only for the purposes we specify.
For Legal or Regulatory Requirements: We may disclose information to comply with court orders, subpoenas, or regulatory obligations, such as reporting to the Securities and Exchange Commission or other authorities.
For Business Transitions: In the event of a merger, acquisition, or sale of assets, your information may be transferred to a successor entity, subject to equivalent privacy protections.
We limit the information shared to what is necessary for the specific purpose and ensure that recipients are bound by confidentiality obligations.
Your Choices and Rights
You have the following options regarding your information:
Opt-Out of Certain Sharing: You may opt out of information sharing with non-affiliated third parties for purposes not directly related to our services (where permitted by law). To opt out, contact us at compliance@innovativeaag.com.
Access and Correction: You may request access to or correction of your personal information by contacting us. We will respond promptly, subject to legal and operational limitations.
Marketing Communications: You may opt out of receiving marketing communications by following the unsubscribe instructions in our emails or contacting us directly at compliance@innovativeaag.com.
Safeguarding Printed Information
For physical records, we:
Store documents in secure, access-controlled environments.
Use shredding or other secure disposal methods for documents no longer needed.
Limit employee access to physical records to those with a legitimate business need.
Safeguarding Electronic Information
For electronic records, we:
Use encryption for data transmission and storage.
Implement multi-factor authentication and secure access controls.
Regularly update software and systems to address security vulnerabilities.
Monitor for unauthorized access or data breaches and maintain incident response protocols.
Website and Online Privacy
When you visit our website or use our online portals:
We may collect technical data (e.g., IP addresses, browser type, or usage patterns) via cookies or similar technologies to enhance your experience.
You can manage cookie preferences through your browser settings.
Our website may contain links to third-party sites, which are not governed by this Privacy Policy. We encourage you to review the privacy policies of those sites.
Data Retention and Disposal
We retain your information only for as long as necessary to provide our services, comply with legal obligations, or resolve disputes. When information is no longer needed, we dispose of it securely:
Printed records are shredded or destroyed using secure methods.
Electronic data is deleted or anonymized in accordance with industry standards.
Changes to This Privacy Policy
We may update this Privacy Policy to reflect changes in our practices, legal requirements, or industry standards. We will notify you of material changes by posting the updated policy on our website (www.innovativeaag.com) or contacting you directly. The effective date at the top of this policy indicates the last revision.
Contact Us
If you have questions about this Privacy Policy or our handling of your information, please contact us at:
Innovative Asset Advisors Group, LLC
1 Enterprise Drive, Suite 425, Shelton, CT 06484
475-256-0174
compliance@innovativeaag.com
www.innovativeaag.com
Additional Information for California Residents
Under the California Consumer Privacy Act (CCPA), California residents may have additional rights, including the right to know what personal information we collect, use, or disclose, and the right to request deletion of certain information. To exercise these rights, contact us using the information above. We will not discriminate against you for exercising your CCPA rights.