How and Why We Obtain Information

Benemark, Inc. collects information about you to help us serve your financial needs, provide customer service, offer new products or services, and fulfill legal and regulatory requirements.  Any collection of personal information is to support our normal business operations and service your account.

Some of the nonpublic personal, financial, and health information that Benemark, Inc. collects comes from you and other sources which may include:

  • information on applications and related forms, such as name, address, Social Security number, assets and income, and medical information if applying for insurance;
  • information regarding your transactions with us, such as products or services purchased, account balances, and payment history;
  • information from consumer reporting agencies, such as credit relationships;
  • information from your employer, association, or benefit plan sponsor, such as name, address, Social Security number, assets, and income.


Sharing Information

It is our intent to keep all nonpublic personal information completely confidential, private, and secure.  However, in the course of servicing your account, we may share information collected about our clients, as previously described above, with other unaffiliated service providers such as insurance companies, mutual fund companies, broker/dealers or investment firms to provide account maintenance or customer service to your account.  We may also disclose your information to other organizations as permitted by law such as government agencies and law enforcement officials (for example, tax reporting or under court order), or to other organizations and individuals with your consent (for example, an attorney or tax professional).

Data storage is now being kept at the Datto facility in Salt Lake City, UT (a facility based provider of data center infrastructure and managed services.)  This is the production facility for our technology consultant’s (Netology, LLC) cloud services, and their centers are compliant with the Service Organization Control (SOC1/SSAE16 and SOC2) reporting standards.  Data is AES-256 bit encrypted and contains redundant climate, power, and Internet services with security being maintained 24/7/365.


Protecting Your Information

Benemark, Inc. maintains physical, electronic, and procedural safeguards to guard your nonpublic personal information to ensure that we are complying with our own policy, industry practices, and federal or state regulations.  If you decide to close your account(s) or become an inactive customer, we will adhere to the privacy policies and practices as described in accordance with our current policy. 

Benemark, Inc. reserves the right to change this Privacy Policy at any time, without notice, and will notify customers of any modifications on an annual basis.