WHAT DOES DREXEL MORGAN DO WITH YOUR PERSONAL INFORMATION?
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.
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 and Income
Account Balances and Assets
Account Transactions and Transaction History
When you are no longer our client, we continue to share your information as described in this notice.
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 Drexel Morgan chooses to share; and whether you can limit this sharing.
Reasons we can share your personal information
What does Drexel Morgan share?
Can you limit this sharing?
For our everyday business purposes –
such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus.
For our marketing purposes –
We do not share
For joint marketing with other financial companies –
We do not share
For our affiliates’ everyday business purposes –
information about your transactions and experiences.
How does Drexel Morgan 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 secured files and buildings.
How does Drexel Morgan collect my personal information?
We collect your personal information, for example, when you:
enter into an investment advisory contract
provide account information or direct us to buy securities
seek advice about your investments or deposit money
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 non-affiliates to market to you
State laws and individuals companies may give you additional rights to limit sharing.
Companies related by common ownership or control. They can be financial and nonfinancial.
Our affiliates include financial companies such as The Haverford Trust Company, Haverford Financial Services, Haverford Trust Securities and Drexel Morgan Capital Advisers.
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
Drexel Morgan does not share with non- affiliates so they can market to you.
A formal agreement between nonaffiliated financial companies that together market financial products or services to you.