EFFECTIVE DATE: March 29, 2022
This privacy statement applies to this Site and other Sites on servers owned by Andina Capital Management, LLC (Andina).
At Andina Capital Management, LLC protecting our clients’ privacy is paramount; we recognize that an individual’s financial matters are extremely private and sensitive in nature. Our commitment is to maintain strict standards to always safeguard your personal financial information, while diligently seeking to continue to bring you valuable products and services.
This information is being provided to you as required by Regulation S-P that was adopted in the year 2000 by the Securities and Exchange Commission to modernize the laws governing the financial services industry.
Information We Collect and Share
The personal financial information we collect directly from you includes information required to communicate with you and to assist us effectively address your financial needs, as well as to operate prudently in complying with the legal and regulatory requirements imposed by federal and state regulations.
Such personal financial information we may collect and share is made available to us from the following sources:
- Information received on applications and other forms, such as your name, mailing address, telephone number, e-mail address, fax number; and to identify who you are, your Social Security number.
- Information about your financial transactions with us, our affiliates, or others, such as account balance, securities trading activity, fund transfers, and checking transactions
- Information as required by law to ascertain your experience in margin use and trading, such as your approximate annual income and net worth
- Information we may obtain about you from a consumer reporting agency, such as your creditworthiness and credit history
In all cases, we collect and share only personal financial information that is either required by law or necessary to provide personalized financial services to you.
Standing alone, cookies, GIFs and other Web tools, as well as data derived from them, do not identify you personally - they merely recognize your browser. Unless you choose to identify yourself to us by requesting additional information through our Web site about our service, you will remain anonymous.
Other Use of Your Personal Information
In the course of conducting investment advisory services on your behalf, there are occasions where we may engage affiliated and/or nonaffiliated companies to (i) service or process a financial product or service requested by you or, (ii) to maintain or service your account(s). These companies may be engaged in a related business such as mutual funds, annuities or other insurance product, consumer banking, mortgage lending, securities brokerage, investment advisory or tax, estate or financial planning. Or they may be engaged in some service such as a transfer agent, clearing or custodial firm, accounting or reporting, systems operation or marketing. In such cases, the personal financial information we may share about you with these companies is necessary and permissible by law to administer, process, service, and enforce a transaction that you requested or authorized.
We may also share some or all your personal financial information with your legal representative, trustee or other fiduciary, or where we need to protect the confidentiality and security or our records, or to prevent potential or actual fraud unauthorized transactions, claims or other liability, for institutional risk control or resolving customer disputes or inquiries.
Also, as permissible by law, we may provide your personal financial information on request, for example, to insurance rate advisory organizations; funds guaranty agencies; agencies rating our compliance with industry standards; and our attorneys, accountants and auditors. In addition, subject to the Right to Financial Privacy Act, sharing of your personal financial information is permitted on request by a law enforcement agency, regulator, self-regulatory agency or in a public safety investigation. Such sharing of your personal financial information is also permitted on request by a consumer reporting agency in accordance with the Fair Credit Reporting Act, or to comply with federal, state or local laws, rules or regulations, including requirements of self-regulatory organizations or a subpoena or judicial process.
Outside of the exceptions mentioned above and as permitted by law, we will not share your personal financial information with anyone, unless you specifically ask us in writing to do so.
Confidentiality and Security
When we share your personal financial information with affiliated and/or nonaffiliated companies, they are not allowed to use your personal financial information for their own purposes and are contractually obligated to maintain strict confidentiality. We limit their use of your personal financial information to the performance of the specific service we have requested.
We restrict access to your personal financial information to employees who need to know such information in providing products or services to you. We maintain physical, electronic, and procedural safeguards that comply with applicable federal regulations to guard your personal financial information. Of course, even with these safeguards, we cannot guarantee that your personal financial information will always be safe from unauthorized sharing, and we assume no responsibility or liability in that event, except as and to the extent that may be imposed by law.
- We reserve the right to change this Privacy Notice at any time. In that event, we will inform you of any material changes as required by law
- If you decide to close your account(s) or become an inactive customer, we will adhere to the privacy policies and practices described in this notice
- Please keep this Privacy Notice for your records. Download it here.
- This Privacy Notice has been established and is given in accordance with applicable federal law. It is not intended and in no event shall it be deemed to constitute an offer or agreement of any kind on our part or to impose any duty or obligation of any kind upon us except as and to the extent expressly required by law
We log all connections to our web servers. Those log files include your IP address. An IP address is NOT personally identifiable information, but general information about your location, connection to the Internet, and your Internet Service Provider. We use your IP address to help diagnose problems with our server and to administer the Sites.
The Sites' contact forms may request that users provide contact information (such as their name, mailing address, telephone number and e-mail address). We use this contact information to send the user additional information. A user's contact information may also be used by us to contact the user directly. We do not disclose, sell or rent your contact information to third parties except when required to disclose such information by law or in response to a request from a law enforcement agency or authority.
In compliance with the Children's Online Privacy Protection
Act, 15 U.S.C. §§ 6501-06 and 16 C.F.R.,
§§ 312.1-312.12, our Sites do not permit children under
13 years of age to become users, and we do not collect personally
identifiable information from children. By using our Sites,
you represent that you are not under 13 years of age.
Except with regard to any contact information you may
provide us via the Site, all comments, feedback, information or materials
submitted to Andina through or in association with this website (collectively, "Feedback")
will be considered non-confidential and the property of Andina. By
submitting such Feedback to Andina, you agree that you assign to Andina,
without charge, all worldwide rights, title and interest, including
copyrights and other intellectual property rights, in and to the
Feedback. Andina shall be free to use such Feedback on an unrestricted
The Sites have security measures in place to protect against the loss, misuse and alteration of the information under our control; however, Andina does not guarantee the performance or adequacy of such security measures.
Links to Other Websites
The Site may contain links to other web sites that are not owned or operated by Andina. Andina is not responsible for the privacy policies or practices of third parties or the content or security of such web sites.
To remove or change your contact information in our database, or to not receive future mailings or other communications, as well as for all other inquiries, please contact us at any time.