BCN Financial Privacy Statement

BCN Financial (BCN), an independent financial planning firm, recognizes that our clients have an expectation that BCN and its affiliates will maintain the confidentiality of our clients’ nonpublic personal information. As a result, BCN has adopted this Privacy Policy concerning information that you provide and information that is obtained in servicing your account.

BCN uses the health and financial information that you provide to assist you with attaining your personal financial goals, and for the purpose of administering your account or accounts with us. We collect information about you for specific business purposes and not for resale or transfer to unaffiliated parties. The information we collect, the source of the information, and the manner in which that information is used are explained below. If you close your account or your account becomes inactive, BCN will adhere to the privacy policies and practices described in this notice.

Nonpublic Personal Information that BCN Collects

The type of nonpublic information that we collect from a client depends upon the scope of the client engagement. We may collect identifying information (such as your name, address and Social Security Number), information about your personal finances and information about your health.

Nonpublic Personal Information that BCN Discloses

All information in your account may be disclosed to any person or entity that you have authorized pursuant to your account establishment documents. In addition, information may be disclosed to affiliated or nonaffiliated third parties to further your financial planning goals (such as the transfer of assets to a Family Trust), to fulfill requirements of underwriting life and health insurance policies, and to properly service securities or investment advisory accounts that you have established with us. BCN does not disclose nonpublic personal information about our clients to any party, except as permitted by law.

How BCN Protects the Confidentiality of Your Nonpublic Personal Information

BCN and its affiliates value the trust you place in us. To maintain that trust, we have safeguards in place to protect the privacy of your nonpublic personal information.

  • We do not sell or trade your personal information with nonaffiliated companies.
  • When information is provided to third party providers to service your account, we require strict confidentiality in our agreements with them stipulating that your information will only be used for the purpose it is provided.
  • We maintain your records in a secured office on a secured computer system. Our local area network does not permit outside access over phone or cable lines.
  • Prospective employees and contractors are screened for criminal convictions. Employees and contractors are advised of BCN privacy policies and of the confidential nature of the information they handle. Employees and contractors are limited to accessing only that client information that is necessary to perform their job functions.