Privacy Policy
Deschutes Investment Advisors, Inc., an independent registered investment advisor, is committed to safeguarding the confidential information of our clients. Our firm collects personal non-public information in order to open and administer client accounts as well as provide client-specific investment advice. Examples of a client’s personal non-public information include (but are not limited to) age, annual household income and net worth, previous investment experience, existing investment portfolio, current income needs, short-term liquidity needs, long-term investment goals and investment time horizon. We hold all personal client information in the strictest confidence. If a client decides to terminate his/her relationship with our firm, we will continue to adhere to our Privacy Policy with respect to that client as described in this notice. Client financial information is necessary in order to construct an appropriate asset allocation and investment policy to achieve overall financial goals. In addition:• We limit the collection and use of client information only to the necessary amount required in order to service our clients.
• We limit employee and agent access only to those who have a business or professional reason for knowing, and only to nonaffiliated parties as permitted by law. For example, federal regulations permit us to share a limited amount of information with outside broke-dealers in order to execute securities transactions, in addition to sharing any pertinent data as needed with other client advisors (e.g. accountants and/or attorneys).
• We maintain a secure office and computer environment to ensure that client information is only made available to authorized Deschutes’ personnel.
• We do not reveal client information to any external organization unless we have previously informed the client via disclosures or agreements, have been authorized to do so by the client or are required to by law.
• Federal and state regulators also may review firm (and client) records as permitted by law.
• We do not sell client information to mailing list vendors or solicitors.
• Client records are maintained for as long as they maintain a relationship with our firm and for the necessary time thereafter that such records are required to be maintained by federal and state securities laws. After this required period of record retention, all such information will be destroyed.
• Our Privacy Policy as set forth applies to both current and former clients.
• All new clients are provided with a copy of our Privacy Policy.
• Our Privacy Policy is made available to each client on an annual basis or when it is amended, whichever is more frequent.
"It is not so much where we stand,
as in what direction we are moving.”
– Oliver Wendell Holmes
as in what direction we are moving.”
– Oliver Wendell Holmes