Our most important asset is our relationship with you. We are honored that you have entrusted us with your financial affairs and are committed to safeguarding the privacy of information we maintain about you. Establishing and adhering to an effective privacy policy is an important part of that dedication.
This webpage provides details about Evercore Wealth Management, LLC's ("EWM") commitment to protecting your privacy, including the types of information we collect about you in order to service your account, how we use and share that information both within and outside the Evercore family of companies, and how you can instruct us to limit certain types of information sharing.
Our privacy policy applies to all clients with whom we have a relationship and is also extended to each of our former clients.
Simply put, we do not and will not sell your personal information to anyone, for any reason, at any time.
We collect various types of information in a number of ways.
We collect information when you open an account or register for one of our services, or use one of our wealth consulting services, such as financial or estate planning. We may also collect information from consumer reporting agencies to verify your identity in the account-opening process, include your name, address, phone number, email address, Social Security number and date of birth, as well as details about your investments and investment experience.
Once you have opened an account with us, we collect and maintain information about your account activity, including your transactions, balances, account positions and account history. This information allows us to administer your account and provide the services you have requested.
We may collect information from information services and consumer reporting agencies to verify your identity, employment or creditworthiness, or to better understand your financial needs.
The Evercore family of companies consists of a number brokerage, investment advisory and related companies ("affiliates"). Many clients do business or have relationships with more than one Evercore affiliate, creating an efficient, comprehensive wealth management relationship to meet individual client needs. We may share client information among Evercore affiliates to:
You may instruct us not to share information about you with other Evercore affiliates for certain purposes, as explained under "How to Limit the Sharing of Information."
EWM provides access to information about you to outside companies and other third parties in certain limited circumstances, including:
EWM is an indirect subsidiary of Evercore Partners, Inc. EWM does not share information about you with its affiliates for marketing purposes, unless you express interest in specific products or services, and instruct us to do so.
If you prefer, you may choose to limit the information we share about you with affiliates. Specifically, you may instruct us not to share with our affiliates consumer reports and other personal information about you that may be used to determine your eligibility for credit (for example, information about your income, profession, or employment status).
You may exercise this choice by contacting your client relationship officer.
Your choice will be applied to you as an individual and will automatically be extended to all of your accounts with us, as well as any accounts you may have with any other affiliate with whom you have a relationship.
Joint account holders may instruct us on behalf of another account holder, and you may make your privacy choice at any time and it will remain in effect until you change it.
If you choose to limit these types of information sharing, we may continue to share information with our affiliates that identifies you (such as your name and Social Security number), as well as information about your transactions and experiences with us. In addition, our affiliates may continue to use information they receive from us to perform services on our behalf, to respond to communications from you, as you authorize or request, or, if you are their customer, to offer you products or services. We may also continue to share information about you with outside companies as permitted or required by law.
We will comply with state laws that apply to the disclosure or use of information about you. For example, if your address is in Vermont, we will automatically limit information sharing as described in "How to Limit the Sharing of Information" without your having to advise us of this privacy choice.
The following notice is required to be made under Nevada law to all clients with a Nevada mailing address. At any time, you may request to be placed on our internal "do not call" list. You may do so by calling or emailing your client relationship officer or mailing your request to the General Counsel, Evercore Wealth Management, 55 East 52nd Street, New York, NY 10055. Clients from any state may also request to be placed on EWM's "do not call" list by calling or emailing their client relationship officer or mailing their request to the Privacy Officer at the above address. For more information about the Nevada "do not call" notice requirement, you may also contact the Nevada Attorney General, 555 E. Washington St., Suite 3900, Las Vegas, NV 89101; Phone: 702-486-3132; Email BCPINFO@ag.state.nv.us
We take precautions to ensure the information we collect about you is protected and is accessed only by authorized individuals or organizations.
Companies we use to provide support services are not allowed to use information about our clients for their own purposes and are contractually obligated to maintain strict confidentiality. We limit their use of information to the performance of the specific services we have requested.
We restrict access to personal information by our employees and agents. Our employees are trained about privacy and are required to safeguard personal information.
We maintain physical, electronic and procedural safeguards to protect non-public personal information.
Identity theft is a serious concern to all of us. Safeguarding information to help protect you from identity theft is our priority. EWM takes steps to protect you from identity theft by:
You can also help protect your identity and accounts. Here are a few steps to remember:
We are committed to keeping accurate, up-to-date records to help ensure the integrity of the information we maintain about you. If you identify an inaccuracy in this information, or you need to make a change to it, please contact your client relationship officer.
We will provide you with advance notice of important changes to our information-sharing practices.
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each non-exempt person who becomes a client of EWM and in some cases to verify the identity of individuals associated with a prospective client of EWM.
What this means for you: Before you enter into a relationship with us, we will ask for your name, address, taxpayer identification number and other information that will allow us to identify you. We may also ask to see identifying documents or request further documentation from you and may verify your information through other means.
If you cannot provide us with documentation that is acceptable to us, or if we desire to independently verify any of the information you provide to us, we may request information about you from credit bureaus, public databases, or other sources, and by checking references with other financial institutions.
We must keep a copy of the documents you provide to us, or that we receive from outside sources, in our files. We will take care to preserve the confidentiality of all information and documentation we receive from you or concerning you in accordance with applicable law; however, we are obligated to provide a copy of such documentation to regulatory authorities upon request. This applies whether you become a client of EWM or not, and applies after you are no longer a client of EWM.
If you have any questions or concerns, please contact your client relationship officer.