Privacy Policy

Facts

WHAT DOES SEMITA ASSET MANAGEMENT (“SEMITA”) DO WITH YOUR PERSONAL INFORMATION?

WHY?

Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, but not all, sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.

WHAT?

The types of personal information we collect and share depend on the product or service you have with us. This information can include:

  • Social security number
  • Income
  • Assets
  • Risk tolerance
  • Wire transfer instructions
  • Transaction history

HOW?

All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons Semita chooses to share; and whether you can limit this sharing.

REASONS WE CAN SHARE YOUR INFORMATION

REASONS WE CAN SHARE YOUR INFORMATION Does Semita
Share?
Can you limit
this sharing?
For our everyday business purposes - such as to process your transactions, maintain your accounts(s) or respond to court orders and legal investigations. Yes No
For our marketing purposes - to offer our products and services to you Yes No
For our affiliates' everyday business purposes - information about your transactions and experiences Yes No
For joint marketing with other financial companies No We don't share
For our affiliates' everyday business purposes – information about your creditworthiness No We don't share
For non-affiliates to market to you No We don't share

Who we are

Who is providing this notice?

Semita Asset Management LLC

What we do

How does Semita protect my personal information?

To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and with secured files and storage facilities.

How does Semita collect my personal information?

We collect your personal information, for example, when you

  • Enter into an investment advisory contract
  • Enter into a financial planning contract
  • Seek financial advice
  • Develop a longer-term financial goal plan
  • Complete a risk tolerance questionnaire

Why can’t I limit all sharing?

Federal law gives you the right to limit only

  • sharing for affiliates’ everyday business purposes—information about your creditworthiness
  • affiliates from using your information to market to you
  • sharing for nonaffiliates to market to you

State laws and individual companies may give you additional rights to limit sharing.

Questions?

Definitions

Affiliates

Companies related by common ownership or control. They can be financial and nonfinancial companies.

  • Our affiliates include private funds for whom we act as an investment adviser, their general partners, and entities with which we share common control.

Non-affiliates

Companies not related by common ownership or control. They can be financial and nonfinancial companies.

  • Semita does not share with non-affiliates so they can market to you.

Joint Marketing

A formal agreement between nonaffiliated financial companies that together market financial products or services to you.

  • Semita does not jointly market.

Former Clients

If you no longer have a business relationship with Semita, we continue to adhere to the privacy policies described in this Notice.

Other Privacy Issues

Providing Personal Information

You do not have to provide personal information to access our website. If you choose to provide us with additional information through an e-mail message, form, survey, etc., that information is provided to our employees through an e-mail and is not collected in any other format.

Electronic Data Collected Automatically

We collect computer IP addresses of non-clients on an aggregate, anonymous basis in which no personal information is associated with this collected data. The data is gathered through use of web server log files where site activity is stored. This information is used to help diagnose problems with our server, to measure use of our website content and to administer our website. None of the information gathered by the web server is associated with you as an individual. Nevertheless, the IP address collected may be used to track an individual who is attacking or misusing our resources. Cookie files are used on our site to help visitors navigate the site more easily.

Cookies

“Cookies” are small amounts of data that a website can send to a web browser on a visitor’s computer. The cookie is stored on the visitor’s computer. Cookies enable the website owner to track how a visitor navigates through its website and the areas in which the visitor shows interest. This is like a traffic report; it tracks trends and behaviors, but does not identify individuals. Information gathered may include date and time of visits, pages viewed, time spent at the site, and the site visited just before and just after our website. Visitors may elect not to accept cookies. Your web browser may alert and allow you to refuse cookies. When you receive an alert, you may choose at that time to disallow that cookie. If the use of cookies is a concern to you, then please make sure your browser has the capability, and that you set your browser to alert you accordingly. Newer browser versions may allow you to be alerted or to automatically refuse cookies. You may need to download a more current version of your Web browser from your service provider.

Client’s Account Access

We offer online services via our Client Portal to our client base. To protect our clients’ information, users are required to log in using a unique user name and password. Our systems use encryption technology to secure client data as it is being transferred between computers and involves a combination of computer hardware and software to deter unauthorized users from accessing information on our computer networks. We do store information regarding actions taken by clients when they access their client accounts. This information may be provided to the client’s financial advisor and to other employees of our firm who provide services or products to clients.

Links

Our website contains hyperlinks to outside websites on servers not owned or controlled by us. We are not responsible for the data collected, privacy practices or the content of such websites. Furthermore, we do not endorse, approve or guarantee information, products, services or recommendation provided by a third-party website or service.

Children’s Online Access

Our website is directed at customers and potential customers, most of whom are of majority age or adults. However, minors or children might access our website and provide information [e.g., minors may request information concerning our services and products and apply for certain services and products. Should minors access our website, we are confident that parents will not judge any of the information provided as objectionable for viewing by minors or children. Parents can avail themselves of various software packages that are available to prevent their children from accessing websites which parents deem to be inappropriate. Parents may choose to utilize this and other methods to limit the websites to which their children have access.