Privacy Matters
Your Privacy
Our firm is privately held, and we primarily serve private individuals, families and their businesses. Our highest priority is the privacy (and ultimately the security) of that information and your financial assets. In addition our firm does our best to update our clients on industry recommended practices for guarding personal information from cyber threats. Click here to open an Investor Protection Checklist. Use this checklist as a guide to mitigate your risk of cyber fraud. Ultimately, we know that our firm’s reputation depends on not only your satisfaction with our advisory work, but on the continuous security of your personal information as well.
Security of Client Assets
Investors should be concerned about how their money is handled and, more importantly, how it is secured. From time to time investment scandals make the news, though it should also be noted that many of these criminal acts were perpetrated by firms which also had the ability to custody their clients’ assets internally, giving them the unique ability to directly manipulate client account values without third party supervision.
Guidance Wealth does not retain or self-custody any client assets. All client assets are custodied in the client’s name at Fidelity, Schwab, Reliance Trust, and other large financial trust institutions. Neither our advisors nor staff can accept cash from a client for any reason, and deposit checks from clients are always required to be made payable directly to the respective custodians.
Our clients always have ultimate authority over disposition of their assets, and have direct access to their account via phone or internet. At no time can client assets be moved or transferred, either to or from client accounts, without client authorization and detailed oversight/tracking of such movement by the asset custodian. Any such movements will be recorded in the transaction history on client statements which come directly from the custodian.
Our firm is privately held, and we primarily serve private individuals, families and their businesses. Our highest priority is the privacy (and ultimately the security) of that information and your financial assets. In addition our firm does our best to update our clients on industry recommended practices for guarding personal information from cyber threats. Click here to open an Investor Protection Checklist. Use this checklist as a guide to mitigate your risk of cyber fraud. Ultimately, we know that our firm’s reputation depends on not only your satisfaction with our advisory work, but on the continuous security of your personal information as well.
Security of Client Assets
Investors should be concerned about how their money is handled and, more importantly, how it is secured. From time to time investment scandals make the news, though it should also be noted that many of these criminal acts were perpetrated by firms which also had the ability to custody their clients’ assets internally, giving them the unique ability to directly manipulate client account values without third party supervision.
Guidance Wealth does not retain or self-custody any client assets. All client assets are custodied in the client’s name at Fidelity, Schwab, Reliance Trust, and other large financial trust institutions. Neither our advisors nor staff can accept cash from a client for any reason, and deposit checks from clients are always required to be made payable directly to the respective custodians.
Our clients always have ultimate authority over disposition of their assets, and have direct access to their account via phone or internet. At no time can client assets be moved or transferred, either to or from client accounts, without client authorization and detailed oversight/tracking of such movement by the asset custodian. Any such movements will be recorded in the transaction history on client statements which come directly from the custodian.