As a Registered Investment Advisory (RIA) Firm, Main Avenue Financial Services, LLC (MAFS) is committed to safeguarding the confidential information of all current, former and potential clients.
MAFS holds all personal information collected in connection with any potential or actual services provided by the firm in the strictest confidence. MAFS only uses personal information to help clients meet personal financial goals while guarding against any real or perceived infringements of client privacy rights.
Mandated Access Only to Personal Information
Only MAFS employees and agents with a professional reason can access personal information. MAFS does not disclose any personal information to nonaffiliated third parties, except as required by law or the client. For example, federal and state regulators may review firm records as permitted by law. Federal regulation also permits MAFS to use limited information to discuss the client’s financial situation with the client’s accountant or lawyer.
If required by nonaffiliated third parties such as financial service companies, consultants and auditors, MAFS agreements demand strict confidentiality. MAFS does not provide personal information to mailing list vendors or solicitors.
If this policy is anticipated to change, MAFS is prohibited to enforce the updated policy until after the client has been notified.
MAFS maintains a secure office and computer environment to eliminate unreasonable access to personal information.
Categories of Information Collected
The categories of nonpublic personal information that MAFS collects from the client depend on the scope of the client engagement.
These categories may include information:
- about the client’s personal finances and insurance
- about the client’s personal goals and needs to the extent needed for the financial planning process
- about transactions between the client and third parties
- from consumer reporting agencies
Maintenance of Information
MAFS maintains personal information during the client’s term with the firm, as required by federal and state securities laws and to comply with the CFP Board Code of Ethics and Professional Responsibility.