Protecting Your Clients’ Privacy

Your client’s privacy is a top priority at Pershing. Here are two initiatives that illustrate our commitment.

Masked Identification

Pershing masks your clients’ brokerage account numbers from all shareholder communications that we deliver electronically via ADP Investor Communication Services, including proxies and annual reports. Now, only the last four digits of their account numbers appear. For instance, if your client’s nine-digit account number is 123456789, it will appear as *****6789 on his or her electronic shareholder communications.

If your clients are not already enrolled in this convenient online service, please contact your financial organization to learn more.

Privacy Policy

According to the Gramm-Leach-Bliley Act and the Securities and Exchange Commission’s (SEC) Regulation S-P, all financial organizations, including custodians, are required to disclose privacy policies to clients on an annual basis. As such, Pershing notified your clients of our privacy policy in a brokerage account statement message.

In summary, the statement message highlighted the importance Pershing places on protecting the confidentiality of your clients’ nonpublic personal information that we collect in the process of opening their accounts and executing their transactions on your behalf.

There are two materials that are available with Pershing’s privacy policy language:

  1. Pershing’s Disclosure Statement, which is sent to every individual investor who opens a new account, includes the new language.
  2. A new Privacy Policy brokerage account statement insert is available.

These materials are available to you online in the Marketing Catalog within The Source section of NetX360®. Take the opportunity to talk to your clients about how much you value their business and reassure them that every effort is being taken to protect their privacy and earn their trust every day.

Trademark(s) of Pershing Investments LLC.

The information contained in these materials is believed accurate at the time of writing but is not guaranteed. Delta accepts no responsibility for its use whether in whole or in part.