Who We Are
Why We Collect Information
We collect and use information about you in order to provide you with our financial products and services. For example, we use your information to determine if the investment recommendation is appropriate for you and to process transactions for your account.
What Information We Collect
The information we collect may include information such as your name, address, social security number, assets, income, net worth, investment experience, risk tolerance, investment objective, beneficiary designations and other information from your application.
How We Collect Information
We obtain most information directly from you when you open an account or purchase financial products or services from us. For example, we may collect your personal information directly from you when you seek financial advice or advice about your investments, direct us to buy or sell securities, provide employment information, or show us your government-issued ID. We may also obtain information about you from our Financial Professionals and their affiliated businesses, and from third parties such as retirement plan sponsors or third-party administrators, mutual fund companies, insurance companies, your former broker-dealer or its registered representative, clearing firms, or others who provide you with financial products or services.
Information We Disclose
"Opting-out" of Third-Party Disclosures
Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all information sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. We need to share personal information to provide services to you and run our everyday business. If the Financial Professional servicing your account(s) leaves to join another financial institution, the Financial Professional may retain copies of your personal information so that he or she can continue to serve you at their new firm. In doing so, your Financial Professional may share your information with the new firm for purposes of establishing an account with that firm, but is otherwise required to keep confidential the personal information obtained from you while the Financial Professional was affiliated with H. Beck, and he or she may use your information only to service your account(s). If you wish to limit this sharing please contact the H. Beck Compliance Department at 301.944.5900.
Securing Your Information
Our staff, affiliates, and Financial Professionals who have access to your information are required to follow our procedures reasonably designed to keep your information secure and confidential. Our physical, electronic, and procedural safeguards have been reasonably designed to protect your information.
Other Applicable Laws
The practices described are in accordance with Federal Law. We also follow privacy requirements under applicable state law. If a state’s privacy laws are more restrictive than those stated in this policy, we comply with those laws.
Investor information about the Securities Investor Protection Corporation (SIPC) may be obtained at their website (www.sipc.org) or by contacting SIPC at 202.371.8300 to request a SIPC brochure.
Investor information may be obtained at the FINRA website (www.finra.org) or by contacting FINRA at 301-590-6500. For information regarding FINRA BrokerCheck, a free tool to help investors research the professional backgrounds of current and former FINRA-registered brokerage firms and brokers, please visit www.finra.org/BrokerCheck, or call the FINRA BrokerCheck Help Line at 800.289.9999.