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| Dawn Webster Financial, Inc. Privacy Statement To Each of our Advisory Clients: Like many of our clients, you may be receiving a multitude of mailings from financial institutions that include privacy statements. These mass mailings are in response to the Federal Trade Commissions's Gramm- Leach-Bliley Act (the "Act"). As required by the Act, financial institutions must provide consumers with a notice of the Firm's privacy policies and practices, and must not disclose nonpublic personal information about a consumer to nonaffiliated third parties unless the institution provides certain information to the consumer and the consumer has not elected to opt out of the disclosure. The Act also requires the financial institutions to notify all clients of their policies and procedures and to develop appropriate standards designed to protect customer information. You will want to carefully review these privacy notices to understand which firms may be sharing or selling information about its clients and if desired, you will want to "opt out" of this process. In most cases, this can be accomplished with a signed and dated letter. The Act also revised the Federal definition of "financial institutions" to include investment advisers and that is why we have added this section to our website. Section 504 of the Act required the Securities and Exchange Commission (SEC) and other federal agencies to adopt rules implementing notice requirements and restrictions on a financial institution's ability to disclose nonpublic personal information about consumers. The Act also required the SEC to establish for financial institutions appropriate standards to protect customer information. In response, the SEC adopted a new "Privacy Rule" known as Regulation S-P, which was designed to implement the requirements of the Gramm-Leach-Bliley Act with respect to financial institutions subject to the Commission's jurisdiction under that Act. As a State-regulated Investment Adviser, Dawn Webster Financial, Inc., defers to and maintains compliance with the Privacy Rule. We at Dawn Webster Financial, Inc. value your trust and confidence and carefully handle the nonpublic personal information we possess. This information generally will include:
Here are some examples of when information may be provided according to the aforementioned: From time to time throughout the year, you may personally authorize us to share information with your personal accountant. You may desire to utilize investment or insurance services with an unaffiliated financial services firm (broker/dealer, custodian, trust department or insurance company) and in writing or by application, you will be directing us to share information in order to work with these firms on your behalf and only for the services you have requested. On the regulatory front, our associated broker/dealer is required by the National Association of Securities Dealers, Inc. (NASD) to supervise the activities of its related persons and firms. Additionally, since Dawn Webster Financial, Inc. is regulated by the State Securities Division, we may, from time to time expect regular audits by the State to ensure compliance with regulatory rules and regulations. Dawn Webster Financial, Inc. is required to open all of its required books and records for review by Regulators. Our internal procedure for handling your personal information also remains unaffected by the new Privacy Rule. Dawn Webster Financial, Inc. continues to restrict access to its records to only those persons who have a need to obtain information in order to deliver advisory or administrative services. If you should have any questions or concerns regarding our privacy policy and procedures, please do not hesitate to contact me directly. This communication gives us another opportunity to express our appreciation for your continued business. We are dedicated to providing you with personalized services and always want to know how you think we're doing. We always look forward to hearing from you. If you would like to reserve some time to review your financial and investment needs to determine if your assets are positioned to satisfy future needs, please give us a call. The value and usefulness of the asset management and planning services we provide are dependent upon availability of current information and upon your active, ongoing participation in your plan. Please do not hesitate to call on us if we can be of any further assistance. Best Regards,
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