Global Wealth Advisors Privacy Policy

Reasons why we can share your personal information

Does Commonwealth share?

Can you limit this sharing?

For our everyday business purposes—to process transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus

Yes

No

For our marketing purposes—to offer new products or services to you

Yes

No

For joint marketing with other financial companies

Yes

No

For our affiliates’ everyday business purposes—we may share information about our customers with our affiliated insurance company to process transactions, maintain your account(s), or respond to court orders and legal investigations

Yes

No

For our affiliates’ everyday business purposes—information about your creditworthiness

No

No

For nonaffiliates’ everyday business purposes—to assist us in obtaining business or providing account maintenance or customer service to your account(s)

Yes

No

For our affiliates to market to you—to offer new products or services to you

No

No

For nonaffiliates to market to you—we do not sell, share, or disclose your nonpublic personal information to nonaffiliated third-party marketing companies

No

No

For advisors who leave Commonwealth—if you have a Commonwealth advisor servicing your account(s) who leaves Commonwealth to join another financial institution, the advisor may retain copies of your personal information so that he or she can continue to serve you at the new firm. In doing so, your advisor may share your information with the new firm but is otherwise required to keep confidential the personal information obtained from you while the advisor was affiliated with Commonwealth, and he or she may use it only to service your account(s). Please note: Certain states require affirmative consent to allow sharing. See below for more on your rights under state law.

In the event that a Commonwealth advisor terminates his or her relationship with Commonwealth, and you want to follow your advisor to his or her new firm, please do not request to limit our sharing.

Yes

Yes

Who is providing this notice?

Commonwealth Equity Services, LLC, doing business as Commonwealth Financial Network®, a dually registered investment adviser and broker/dealer, and its affiliate, CES Insurance, LLC (collectively, “Commonwealth”), distribute a variety of financial products and services to you through our network of financial professionals who are independent registered representatives, investment adviser representatives, and insurance agents (collectively, “advisors”). Securities are not offered or provided by Commonwealth on behalf of the federal government, and the offer of such securities is not sanctioned, recommended, or encouraged by the federal government.

How does Commonwealth protect my personal information?

Commonwealth recognizes the need to prevent unauthorized access to the information we collect, including information held in electronic format, and we protect your personal information in the following ways:

• • *We only grant access to your personal information to parties with whom we have executed confidentiality/nondisclosure agreements and who need that information to serve you or to assist us in conducting our operations.
  • *We have physical and electronic safeguards in place to ensure that we comply with our own policy, industry practices, and federal and state regulations.
  • *Our employees are trained in the proper handling of sensitive information
  • *If you decide to close your account(s) or become an inactive customer, we will adhere to the privacy policies and practices as described in this notice.

How does Commonwealth collect my personal information?

Commonwealth collects nonpublic personal information from you, as well as from other sources. The sources and the information collected may include:

• • *Information you provide to us, to our affiliated entities, or to your advisor on applications and related forms, through discussions with our customer service staff, or on our website
  • *Information regarding your transaction history with us
  • *Information from other nonaffiliated third parties, including employers, associations, benefit plan sponsors, and other institutions, if you transfer positions or funds to Commonwealth

Why can’t I limit all sharing?

Federal law gives you the right to limit only:

• • *Sharing for affiliates’ everyday business purposes—information about your creditworthiness
  • *Affiliates from using your information to market to you
  • *Sharing for nonaffiliates to market to you

State laws and individual companies may give you additional rights to limit sharing. (See below for more on your rights under state law.)

What happens when I limit sharing for an account I hold jointly with someone else?

If you have a joint account, we will treat an opt-out direction by a joint customer as applying to all associated joint customers.

Affiliates:

Companies related by common ownership or control. They can be financial and nonfinancial companies.

• • *CES Insurance, LLC

Nonaffiliates:

Companies not related by common ownership or control. They can be financial and nonfinancial companies.

• • *This may include insurance companies, broker/dealers, investment advisers, mutual fund companies, banks, investment firms, third-party administrators, clearing firms, retirement plan sponsors, and other third parties

Joint Marketing:

A formal agreement between nonaffiliated financial companies that together market financial products or services to you.

• • *This may include banks, credit unions, or other financial institutions with which we have a joint marketing agreement.