WE ASK OUR CLIENTS FOR NO MORE PERSONAL INFORMATION THAN NECESSARY
Riz International needs to collect personal information from our clients and prospective clients in order to provide services to you and fulfill our legal obligations. Riz International is committed to protecting our clients' privacy and the confidentiality of their personal information in our possession. This memorandum explains the measures we take to fulfill these commitments.
The "Know Your Client" information forms we ask clients to complete elicit only the information we need for contractual, regulatory and income tax requirements including: name, address, phone and fax numbers, email addresses, birth date, social insurance numbers (for tax reporting purposes), asset holdings and values, investment knowledge and objectives. We also collect your chequing account information and optional beneficiary information (e.g. spouse's name and occupation, children's and dependents' names and ages).
Our application forms for registered retirement accounts elicit only the information needed to register these accounts with the government including: social insurance number, spouse's or designated beneficiary's name and birth date. We do not disclose any non-public personal information to any third party except as required by law or as outlined in this Policy. We also collect your responses to a risk questionnaire and other regulatory questions that we are required by law to collect.
WE LIMIT THE USE OF YOUR PERSONAL INFORMATIO.
The personal information we collect when you subscribe to our services are used for the following purposes:
- Helping us give you the best possible service
- Verifying your identity (and other information you have provided to us)
- Adequately addressing your concerns and questions
- Meeting legal and regulatory requirements; and as otherwise required or permitted by applicable law.
OTHER WAYS WE COLLECT AND USE PERSONAL INFORMATION
Referral Program: If you participate in our referral program (or other "Invite a Friend" features that may be available on our Websites), we collect the email address of the individual(s) who you wish to refer to Wealthsimple. We use this information to send the recipient a one-time email containing information about the referral program. We do not use the email addresses submitted in these circumstances for any other purpose without the consent of the email recipient to do so. Please ensure that you only submit email addresses of individuals with whom you have a personal or family relationship and who would want to receive the email from you.
Marketing Communications: From time to time, we may obtain your consent to send you email, SMS text messages and other communications about Riz International products, services, or events that may be of interest to you. You can opt-out of receiving marketing and promotional email from us by following the unsubscribe instructions contained in each of our email communications. Please note that you will continue to receive email regarding your account and transactions with us. Alternatively, you can unsubscribe from any of our marketing communications by contacting us at firstname.lastname@example.org.
Riz International Agent: If you contact an agent with a comment, question or complaint by email, text message, telephone or video chat, you may be asked for information that identifies you (such as your name, address and a phone number) along with additional information we need to help us promptly answer your question or respond to your comment or complaint. We may retain this information to assist you in the future and to improve our customer service and, product and service offerings.
Employment: If you inquire about or apply for a job with Riz International, you may provide us with certain personal information about yourself (such as that contained in a resume, cover letter, or similar employment-related materials). We use this information for the purpose of processing and responding to your application for current and future career opportunities.
WE LIMIT ACCESS TO CLIENTS' PERSONAL INFORMATION.
We record clients' personal information electronically on computer servers to which only authorized persons have access, and only by means of secure passwords. We authorize employees and service providers to have access to clients' personal information only on a "need to know" basis in order to fulfill their job requirements.
WE IMPLEMENT SAFEGUARDS TO PROTECT PERSONAL INFORMATION.
Riz International maintains reasonable administrative, technical and physical safeguards in an effort to protect personal information in our custody and control against unauthorized access, use, modification and disclosure of. We train our employees to keep clients' personal information strictly private and confidential.
Your online access to certain of your personal information is protected with a password you select. We strongly recommend that you do not disclose your password to anyone. We will never ask you for your password in any unsolicited communication (such as letters, phone calls or email messages).
WE RESTRICT DISCLOSURE OF PERSONAL INFORMATION
Service Providers: We may transfer your personal information to our affiliates and other third party service providers who provide various services on our behalf such as identity verification, technology, administration, printing, marketing and advertising, hosting, data analysis, legal and accounting.
Business Transactions: We may transfer any information we have about you as an asset in connection with a prospective or completed merger or sale (including transfers made as part of insolvency or bankruptcy proceedings) involving all or part of Riz International or as part of a corporate reorganization or stock sale or other change in corporate control, including for the purpose of determining whether to proceed or continue with such transaction or business relationship.
Legal: We and our Canadian, US and other affiliate and third party service providers may provide your personal information in response to a search warrant or other legally valid inquiry or order, or to another organization for the purposes of investigating a breach of an agreement or contravention of law or detecting, suppressing or preventing fraud, or as otherwise required or permitted by applicable Canadian, US or other law (which may include lawful access requests by Canadian, US or other foreign courts, law enforcement or governmental authorities). We may also disclose personal information where necessary for the establishment, exercise or defence of legal claims and to investigate or prevent actual or suspect loss or harm to persons or property.
WE EXPECT SIMILAR SAFEGUARDS FROM OUR SERVICE PROVIDERS
Our service providers are given the information they need to perform their designated functions, and we do not authorize them to use or disclose personal information for their own marketing or other purposes. Your personal information may be maintained and processed by our affiliates and other third party service providers in the US or other jurisdictions. In the event personal information is transferred to the US or other foreign jurisdiction, it will be subject to the laws of that jurisdiction and may be disclosed to or accessed by the courts, law enforcement and governmental authorities in accordance with the laws of those jurisdictions.
WE TAKE PRIVACY SERIOUSLY
WE WILL PROVIDE YOU WITH ACCESS TO YOUR INFORMATION
Individuals have the right to access, update, and correct inaccuracies in his/her personal information in Riz International’s custody and control, subject to certain exceptions prescribed by law. You may update certain profile information you have provided to us by logging in to your account and clicking "Settings". Otherwise, an individual wishing to request access, updating and corrections of inaccuracies in other of his or her personal information in our possession or control may send a written request to this effect to Riz International's Chief Compliance Officer. We may request certain personal information for the purposes of verifying the identity of the individual seeking access to their personal information records.
WE COLLECT AND USE INFORMATION ABOUT YOUR VISIT TO OUR WEBSITE
In general, you can visit our Website without indicating who you are or submitting any personal information. However, we collect and/or maintain the IP (Internet protocol) addresses of all visitors to the Website and other related information such as page requests, browser type, operating system and average time spent on the Website. We use this information to help us understand Website activity and to monitor and improve the Website.
Tracer Tags & Web Beacons: The Website may also use a technology called "tracer tags" or "Web Beacons". This technology allows us to understand which pages you visit on the Website. These tracer tags are used to help us optimize and tailor the Website for you and other future visitors to the Website.
Website Analytics: We may use third parties to help us gather and analyze information about the areas visited on the Website in order to better understand, evaluate and improve the user experience and the convenience of the Website.
Social Media: We may offer you the opportunity to engage with our content on or through third-party social networking websites, plug-ins and applications. When you engage with our content on or through third-party social networking websites, plug-ins and applications, you may allow us to have access to certain information associated with your social media account (e.g., name, username, email address, profile picture, gender) to deliver the content or as part of the operation of the website, plug-in or application. When you provide information from your social media account, we may use this information to personalize your experience on the Website and on the third-party social networking websites, plug-ins and applications, and to provide you with other products or services you may request.
WE USE ONLINE ADVERTISING.
WE MAY PROVIDE LINKS TO THIRD PARTY WEBSITES