Protecting Your Privacy

Website Privacy and Security

Beacon Wealthcare, LLC. respects your privacy and guards your data carefully.

We understand that privacy is very important to you. Details of our privacy pledge and how your personal information is collected and used are outlined in this brochure, the Beacon Wealthcare Privacy Policy. It also describes the instances where we share information with other parties and affiliates, and when and how you can “opt out” of sharing certain information about you with others. We recognize the important position of trust we hold with you, and take your privacy seriously.

Beacon Wealthcare’s Pledge to Our Customers:

When we talk of “personal information”, we refer to information that personally identifies you or your accounts, your nonpublic personal information. Our privacy policy applies to consumers who are current or former Beacon Wealthcare clients, or those that have requested information about our services.

Information we collect:

We collect nonpublic personal information about you on account applications and other forms. We limit the collection and use of personal information to that which is necessary to effectively manage your accounts and to meet regulatory requirements. We collect and maintain nonpublic personal information about you from the following sources:

Information that you provide, such as on applications or other forms, or any other documentation you may supply to us.
Information about your transactions with us and/or our custodian or an outside fiduciary. This information collected includes balances, positions, and history and may include your name or other data in an internal client list that reflects your activities, as well as social security number and birth date.

Information we share:

We do not disclose personal information to third parties, unless one of the following exceptions applies.

We disclose personal information to our custodian, Schwab Institutional through the forms highlighted above for the processing and servicing of your account’s transactions. The custodian delivers statements, confirmations, and 1099s. With your approval on the new account form, confirmations, statements and 1099 information are shared with us.
We may share some of your personal information with third parties that perform services for us, in order to service your accounts.
We may disclose or report personal information in limited circumstances where we believe in good faith that disclosure is required or permitted under law; to cooperate with regulators or law enforcement authorities, or to resolve consumer disputes.
We may share personal information with companies of those securities held in your account in order for you to receive financial reports directly, however, you can “opt out” on the account application, or at any time by writing your desire to withhold (“opt out” ) or to receive ( “opt in” ) information from companies.
Outside of these exceptions, we will not share your personal information with third parties such as attorneys or CPAs, unless you specifically authorize us to do so, that is, opted in.
Our privacy policies, described in this statement, continue even if your relationship with us is terminated.
We do not sell your personal information to anyone.
We limit the use of your personal information supplied to our custodian to the performance of the specific services you have requested.
Access to your information is restricted to our employees who need it in order to provide service to you. We maintain physical, electronic and procedural safeguards to ensure information security. We maintain and grant access to customer information only in accordance with our internal security standards.

We are committed to customer privacy on our websites

Beacon Wealthcare is equally committed to protecting the privacy of customer information on the Internet. In the public area of our web site, we do not collect any personal information. In the private area, we will only recognize you by your personal User ID and password.

How do we protect your Information?

Beacon maintains technical, physical, and procedural safeguards. We utilize a secure, encrypted network to keep your personal information is as safe from unauthorized access as possible as well as employee training and adhering to strict confidentiality policies. This approach helps ensure that your personal data remains safe and private. We will continue to implement security features in the future that will maintain the highest levels of security to safeguard both the storage and the transmission of private information.

Third Party Websites

We provide links for your convenience only. Beacon does not control such websites and is not responsible for their content or privacy. Reading these separate privacy policies is up to you.

Use of Cookies

The Beaconwc.com site, like most web sites, uses “cookies” (information stored on your computer by your browser at our request). Cookies enable the site to ‘remember’ who you are and your preferences making future visits faster and more efficient. We do not save or process beyond the web site any personal or sensitive information in these cookies.

Hyperlinks

Our Web site contains hyperlinks to other sites. Web sites we link to may have different privacy practices from the ones described here for www.beaconwc.com. Visitors and clients should read the privacy statements of other Web sites they visit. This privacy statement applies solely to information collected by this Web site.

Electronic Message and E-Mail Security

E-mail sent to Beacon Wealthcare from within our Web site is secured with the encrypting technology we use to transmit account reporting.

Consumers have been experiencing an increase in email-related fraud, often referred to as phishing. Because of this, it’s important that consumers make sure their personal computer’s own defenses are strong with up-to-date anti-virus and anti-spyware software.

Incident Response Program and Data Breach

Beacon Wealthcare LLC has policies and procedures including methods for detecting, responding to, and recovering from unauthorized access to or use of customer information in addition having written policies related to the oversight of service providers through due diligence and ongoing monitoring.

If there should be a data breach, we will provide written notification to our client’s and the appropriate state and governmental agencies within 30 days of the breach.

When a data security incident involves a client’s personal information, Beacon is required to provide an offer for complimentary credit monitoring.

If you have any questions regarding this privacy policy, please contact us at 919-821-5225.