As you know, in the financial industry we take privacy and identity verification very seriously (it’s part of our ongoing effort to best protect clients and their assets). In recent years, we’ve begun adding a “trusted contact person” to account information as a backup for clients in case we suspect attempted fraud, exploitation, or other risks that may affect your accounts and investments.
When you designate a trusted contact, you’re giving us permission to reach out to that person if we see signs of questionable activity on your accounts or if we cannot reach you directly for confirmation. A trusted contact person is not able to transact business, request trades or move money on your behalf. Still, they can help prevent or limit risks by verifying your wishes, helping us to connect with other professionals on your advice team (like your CPA or estate attorney), and letting us know if you’ve become sick or incapacitated. In addition, assigning a trusted account person helps us to react quickly to protect your assets should we believe they’re at risk from scammers or anyone else who may not have your best interests at heart.
If you’re interested in designating a trusted contact person for your accounts, let us know, or click here to download and fill out the Trusted Contact form. We’re happy to put that information on file and continue to help protect your assets, plans, and financial future. As always, don’t hesitate to reach out with any questions. We're here for you!