Revised as of August 2002
This Policy is issued on behalf of Summit Advisors, Inc. For
more information on us, please see our
We are always aware that when you are a client with Summit,
you entrust us with more than your information. You also share personal and
financial information. We take very seriously the obligation to keep that
information confidential and private. SAI is committed to maintaining the
privacy of the information you share with us. We want to assure you that
information about shared with us is not sold to any third party. In the
following statement, we describe what information is gathered from
www.summitadv.net and from certain other sources and how we use it. If you have
any questions, please call 281-980-1900 and we will be happy to assist you.
Information we gather from our customers.
SAI collects nonpublic personal information about you from applications or other
forms you complete and from your transactions with us or our affiliates. The
term "personal information" includes information such as your name,
address, telephone number, email address, Social Security number or other
national identification number, account number, income, assets information,
account balance, trade secrets, strategic plans, and investment history.
Information we gather on this web site.
We gather two types of information on this site: personal information about you
and general information about how the site is being used.
We gather personal information in phone calls, in person and
when you fill out a questionnaire forms. We also collect general web site
tracking information, such as which pages are viewed at which times,
automatically through our web server software.
What we do with the information we gather.
We do not disclose information about you, or our former customers, to our
affiliates or to service providers or other third parties except on the limited
basis permitted by law. For example, we use this information to administer your
accounts with us through such activities as sending you confirmations, annual
reports, feedback forms and assessments. Your personal information also lets us
know how to contact you so that we may answer your question or respond to your
request. Your Social Security number and account number help us protect your
privacy; they help us verify that you are authorized to access the account you
are requesting to view. To serve you better, we may combine information you give
us through this web site or through other communication channels.
The general web site tracking information is used to give us
a summary view of how our web site is used. Currently we do not track individual
users; but we may implement the capacity to do so in the future. In any case, we
currently analyze the data, and will analyze the data in the future, only to
determine how to make the web site better and more useful. This information is
and will be strictly for our internal use.
We may conduct surveys regarding our services, including the
operation of our web site. The information you provide is used only on an
aggregated basis and is analyzed only to improve our services and for company
management and planning purposes. You will not receive communications as a
result of your participation in one of our surveys if you notify us not to
Our policy on sharing site information with third parties.
Your privacy is one of our biggest priorities. Information about you and any
www.summitadv.net is not sold or rented to any third party. We do not
trade such information with any third party. Even within Summit, only people
involved with servicing your accounts have access to your personal information.
We do reserve the right to disclose or report personal
information in limited circumstances where we believe in good faith that
disclosure is required under law, to cooperate with regulators or law
enforcement authorities, and to protect our rights or property. We reserve the
right to use your email or other address to send you important information
relating to your account, including regulatory communications.
How we protect your information.
To ensure a high level of confidentiality and security, SAI maintains physical,
electronic and procedural safeguards that meet or exceed federal standards.
When we share personal information with our service
providers, we expect them to treat that information with strict confidentiality
and to retain your personal information no longer than is necessary to provide
the service or information.
We expect our employees with access to confidential customer
information not to use or disclose the information except for business purposes.
Personal information about you is normally used only by those employees who need
to know that information to provide our products or services to you. All
employees are expected to safeguard such information and employees who violate
these obligations will be subject to our normal disciplinary process.
Special security measures apply to your communications with
us on this web site. Detailed information is available at our
Security & Privacy FAQs. Internally, we employ encryption technologies,
user authentication systems (e.g., passwords and personal identification
numbers) and access control mechanisms to secure access to our computer systems
and files. We employ firewalls for our Internet-based systems.
How you can correct and update personal information.
If you need to update or correct any personal information, you may contact us at
How you can block access to your account information from
our web site.
We hope that you'll benefit from having 24-hour Internet access to your SAI account. However, we understand that you may prefer not to participate in this
service. If for any reason you wish to block access to your account information
from this web site, simply call 281-980-1900 and ask that your account be
blocked from the web site.
Communications with us.
Summit welcomes your email correspondence. Our associates are available during
normal business hours to address your general investment questions as well as
respond to your suggestions for improvement. At this time, however, in order to
ensure your protection and client confidentiality, our email responses will not
include any personal account information such as Social Security numbers,
account numbers, etc.
Changes to this Statement
We reserve the right to change or remove this Policy at our discretion. If we
decide to change it, we will post those changes here. We encourage you to visit
this area frequently to stay informed. If you access our web site after we have
posted changes to this Statement, you are agreeing to accept the changes.