What does Peerbackers Advisory, LLC (“PAL”) do with your personal information?
The types of personal information we collect and share depend on the service that we provide to you. This information can include, but would not be limited to:
your social security number and income;
your address and date of birth; and
your account balances and transactions.
We also gather automatic information such as your IP address, statistics on page views and traffic and may use third party analytics tools to help optimize our service but no personally identifiable information is collected about you unless you explicitly submit that information via our fill in forms.
Financial companies typically need to share customers’ personal information internally in order to run their everyday business – to process transactions and to maintain or service customer accounts. In the section below, we list the reasons many financial companies can share their customers’ personal information; the reasons PAL chooses to share your information; and whether you can limit this sharing.
Reasons we can use and share your personal information
For our everyday business purposes – To process your transactions, open and maintain accounts;
To deliver to you any administrative notices, financial alerts and communications relevant to your use of our Service;
To provide customer service, resolve disputes, collect fees and troubleshoot problems and to measure and improve our services;
For our marketing purposes – To offer our products and services to you
We do not and will not sell or rent your personal information to anyone, for any reason, at any time.
We may, from time to time, offer promotions with various businesses, websites, or third parties, which may include opportunities for you to earn deposits in your account. To the extent you elect to participate in any such promotion or otherwise make any purchase subject to a promotion, we may share personal information such as name,
We may also disclose your personal information as required by law, such as to comply with a subpoena, or similar legal process and when we believe in good faith that disclosure is necessary to protect our rights, protect your safety or the safety of others, investigate fraud, or respond to a government request.
What Does PAL Do With Your Personal Information?
How often does PAL notify me about their practices?
How does PAL protect my personal information?
To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and offices.
How does PAL collect my personal information?
We collect certain personal information from you, for example, when you open an account.
Why can’t I limit all sharing?
Federal law gives you the right to limit sharing only for:
affiliates’ everyday business purposes – information about your creditworthiness;
affiliates to market to you; and
non-affiliates to market to you.
State laws and individual companies may give you additional rights to limit sharing.
How does PAL treat my personal information once I am no longer a customer?
The firm will provide nonpublic information about former customers only if required to do so by law or regulation or to those parties who need such information in order for the firm to carry out any continued obligation with respect to the services covered by the former adviser/customer relationship.
Everyday business purposes
The actions necessary by financial companies to run their businesses and manage customer accounts, such as
processing transactions, mailing, and auditing services;
providing information to credit bureaus; and/or
responding to court orders and legal investigations.
Companies related by common ownership or control. They can be financial and non-financial companies.
Companies not related by common ownership or control. They can be financial and non-financial companies.
A formal agreement between non-affiliated financial companies that together market financial products or services to you.