BREAKWAVE ADVISORS LLC

 

PRIVACY NOTICE

 

UPDATED: December 1, 2022

 

This Privacy Notice describes our practices in connection with information that we collect through the website operated by Breakwave Advisors, LLC (“us” or “Breakwave”) from which you are accessing this Privacy Notice at www.breakwaveadvisors.com  (the “Website”), through the software applications made available by us for use on or through computers and mobile devices (the “Apps”), through our social media pages (collectively, our “Social Media Pages”) (collectively, including the Website, the Apps and our Social Media Pages, the “Services”). By using the Services, you agree to this Privacy Notice. The Privacy Notice also describes our practices in connection with information that we collect in person, over the phone, via email and from affiliates and third parties. Fund investors should refer to a fund’s privacy policy.

 

COLLECTION OF PERSONAL INFORMATION

  • We and our service providers may collect information from you in a variety of ways, including:

  • Through the Services: We may collect personal information through the Services.

  • Offline: We may collect personal information from you offline, such as when you attend one of our trade shows.

  • From Other Sources: We may receive your personal information from other sources, such as public databases, joint marketing partners, social media platforms (including from people with whom you are friends or otherwise connected) and from affiliates and third parties. In addition, if you elect to connect your social media account to your Website account, certain personal information from your social media account will be shared with us, which may include personal information that is part of your profile or your friends’ profiles.

If you disclose any personal information relating to other people to us or to our service providers in connection with the Services, you represent that you have the authority to do so and to permit us to use the information in accordance with this Privacy Notice.

 

USE OF PERSONAL INFORMATION

 We and our service providers may use personal information for our legitimate business interests, including the following:

  • To respond to your inquiries and fulfill your requests, complete your transactions, and provide you with related customer service.

  • To send administrative information to you, such as changes to our terms, conditions and policies, as well as marketing communications that we believe may be of interest.

  • To personalize your experience on the Services by presenting products and offers tailored to you, and to facilitate social sharing functionality.

  • For our business purposes, such as data analysis, audits, fraud monitoring and prevention, developing new products, enhancing, improving or modifying our Services, identifying usage trends, determining the effectiveness of our promotional campaigns, and operating and expanding our business activities.

 

DISCLOSURE OF PERSONAL INFORMATION

 Your personal information may be disclosed to our affiliates and may be shared by us with:

  • Third party service providers who provide services such as website hosting, data analysis, information technology and related infrastructure provision, customer service, email delivery, auditing and other services.

  • Third parties, to permit them to send you marketing communications, consistent with your choices.

  • By you, on message boards, chat, profile pages and blogs and other services to which you are able to post information and content (including, without limitation, our Social Media Pages). Please note that any information you post or disclose through these services will become public and may be available to other users and the general public.

  • To your friends associated with your social media account, to other website users and to your social media account provider, in connection with your social sharing activity. By connecting your Services account and your social media account, you authorize us to share information with your social media account provider, and you understand that the use of the information we share will be governed by the social media provider’s privacy policy.

 

OTHER USES AND DISCLOSURES

 We may also use and disclose your personal information as we believe to be necessary or appropriate: (a) to comply with applicable law, which may include laws outside your country of residence, to respond to requests from public and government authorities, which may include authorities outside your country of residence, to cooperate with law enforcement, or for other legal reasons; (b) to enforce our terms and conditions; and (c) to protect our rights, privacy, safety or property, and/or that of our affiliates, you or others.

In addition, we may use, disclose or transfer your information to a third party in the event of any reorganization, merger, sale, joint venture, assignment, transfer or other disposition of all or any portion of our business, assets or stock (including in connection with any bankruptcy or similar proceedings).

 

OTHER INFORMATION 

“Other Information” is any information that does not reveal your specific identity or does not directly relate to an identifiable individual, such as:

  • Browser and device information

  • App usage data

  • Information collected through cookies, pixel tags and other technologies

  • Demographic information and other information provided by you that does not reveal your specific identity

  • Information that has been aggregated in a manner that it no longer reveals your specific identity

  • If we are required to treat Other Information as personal information under applicable law, then we may use and disclose it for the purposes for which we use and disclose personal information as detailed in this Notice.

 

COLLECTION OF OTHER INFORMATION

  • Through your browser or device: Certain information is collected by most browsers or automatically through your device, such as your Media Access Control (MAC) address, computer type (Windows or Mac), screen resolution, operating system name and version, device manufacturer and model, language, Internet browser type and version and the name and version of the Services (such as the App) you are using. We use this information to ensure that the Services function properly.

  • Through your use of the App: When you download and use the App, we and our service providers may track and collect App usage data, such as the date and time the App on your device accesses our servers and what information and files have been downloaded to the App based on your device number.

  • Using cookies: Cookies are pieces of information stored directly on the computer that you are using. Cookies allow us to collect information such as browser type, time spent on the Services, pages visited, language preferences, and other anonymous traffic data. We and our service providers use the information for security purposes, to facilitate navigation, to display information more effectively, and to personalize your experience. We also gather statistical information about use of the Services in order to continually improve their design and functionality, understand how they are used and assist us with resolving questions regarding them. We do not currently respond to browser do-not-track signals. If you do not want information collected through the use of cookies, most browsers allow you to automatically decline cookies or be given the choice of declining or accepting a particular cookie (or cookies) from a particular website. You may also wish to refer to http://www.allaboutcookies.org/manage-cookies/index.html for general information about cookies, and to your browser’s help files for browser-specific directions related to cookies. If, however, you do not accept cookies, you may experience some inconvenience in your use of the Services. You also may not receive advertising or other offers from us that are relevant to your interests and needs.

  • Using pixel tags and other similar technologies: Pixel tags (also known as web beacons and clear GIFs) may be used to, among other things, track the actions of users of the Services (including email recipients), measure the success of our marketing campaigns and compile statistics about usage of the Services and response rates.

  • Analytics: We collect analytics, which uses cookies and similar technologies to collect and analyze information about use of the Services and report on activities and trends.

  • IP Address: Your IP address is automatically assigned to your computer by your Internet Service Provider. An IP address may be identified and logged automatically in our server log files whenever a user accesses the Services, along with the time of the visit and the page(s) that were visited. Collecting IP addresses is standard practice and is done automatically by many websites, applications and other services. We use IP addresses for purposes such as calculating usage levels, diagnosing server problems and administering the Services. We may also derive your approximate location from your IP address.

 

USES AND DISCLOSURES OF OTHER INFORMATION

 We may use and disclose Other Information for any purpose, except where we are required to do otherwise under applicable law. In some instances, we may combine Other Information with personal information. If we do, we will treat the combined information as personal information as long as it is combined.

 

THIRD PARTY SERVICES

 This Privacy Notice does not address, and we are not responsible for, the privacy, information or other practices of any third parties, including any third party operating any website or service to which the Services link. The inclusion of a link on the Services does not imply endorsement of the linked site or service by us or by our affiliates.

We are not responsible for the information collection, use, disclosure or security policies or practices of other organizations, such as LinkedIn or any other app developer, app provider, social media platform provider, operating system provider, wireless service provider or device manufacturer, including with respect to any personal information you disclose to other organizations through or in connection with the Apps or our Social Media Pages.

 

SECURITY

 We seek to use reasonable organizational, technical and administrative measures to protect personal information within our organization. Unfortunately, no data transmission or storage system can be guaranteed to be 100% secure. If you have reason to believe that your interaction with us is no longer secure, please immediately notify us in accordance with the “Contacting Us” section below.

 

CHOICES AND ACCESS

You have choices regarding our use and disclosure of your personal information. We give you choices regarding our use and disclosure of your personal information for marketing purposes. You may opt-out from:

 

  • Receiving electronic communications from us: If you no longer want to receive marketing-related emails from us on a going-forward basis, you may opt-out by clicking the applicable link provided within such marketing-related email and following the instructions for updating your preferences as provided therein.

  •  Our sharing of your personal information with affiliates for their direct marketing purposes: If you would prefer that we not share your personal information on a going-forward basis with our affiliates for their direct marketing purposes, you may opt-out of this sharing by clicking the applicable link provided within such marketing-related email and following the instructions for updating your preferences as provided therein.

 

We will try to comply with your request(s) as soon as reasonably practicable. Please note that if you opt-out of receiving marketing-related emails from us, we may still send you important administrative messages, from which you cannot opt-out.

If you would like to review, correct, update, suppress, restrict or delete personal information that you have previously provided to us, you may do so by contacting as set forth below.

 

RETENTION PERIOD

We will retain your personal information for as long as needed or permitted in light of the purpose(s) for which it was obtained. The criteria used to determine our retention periods include: (i) the length of time we have an ongoing relationship with you and provide the Services to you; (ii) whether there is a legal obligation to which we are subject; or (iii) whether retention is advisable in light of our legal position (such as in regard to applicable statutes of limitations, litigation or regulatory investigations).

 

USE OF SERVICES BY MINORS

The Services are not directed to individuals under the age of eighteen (18), and we do not knowingly collect personal information from individuals under 18.

 

JURISDICTION AND CROSS-BORDER TRANSFER

The Services are controlled and operated by us from the United States and are not intended to subject us to the laws or jurisdiction of any state, country or territory other than that of the United States. Your personal information may be stored and processed in any country where we have facilities or in which we engage service providers, and by using the Services you consent to the transfer of information to countries outside of your country of residence, including the United States, which may have data protection rules that are different from those of your country. You acknowledge the transfer to, and storing, or processing outside of the EEA, of your personal data as set out in this Privacy Notice.

 If you are located in the EEA, the UK or Switzerland, we comply with applicable laws to provide an adequate level of data protection for the transfer of your information to the US.  Where applicable law requires that a data transfer legal mechanism, we use one or more of the following: EU Standard Contractual Clauses.

  

SENSITIVE INFORMATION

We ask that you not send us, and you not disclose, any sensitive personal information (e.g., social security numbers, information related to racial or ethnic origin, political opinions, religion or other beliefs, health, biometrics or genetic characteristics, or criminal background) on or through the Services or otherwise to us.

 

UPDATES TO THIS PRIVACY POLICY

We may change this Privacy Notice. The “LAST UPDATED” legend at the top of this Privacy Notice indicates when this Privacy Notice was last revised. Any changes will become effective when we post the revised Privacy Notice on the Services. Your use of the Services following these changes means that you accept the revised Privacy Notice.

 

IMPORTANT INFORMATION FOR CALIFORNIA RESIDENTS 

This California Consumer Privacy Act Notice provides information for certain California residents in connection with the California Consumer Privacy Act of 2018 (“CCPA”). Under the CCPA, and for purposes of this California Consumer Privacy Act Notice, “personal information” generally means information that identifies, relates to, or describes a California resident or household and includes the categories listed below. Below are details about the categories of personal information of California residents that we have collected or disclosed during the last 12 months.

 

Categories of personal information Collected: We collected the following categories of personal information:

A.    Identifiers, such as name, contact information, and online identifiers;

B.     Personal information, as defined in the California customer records law,

C.     Internet or network activity information, such as browsing history and interactions with our website;

D.    Professional or employment-related information, such as company name; and

E.     Inferences are drawn from any of the personal information listed above to create a profile or summary about, for example, an individual’s preferences and characteristics.

 

Sources of personal information. We collected personal information directly from California residents themselves in person, over the phone, via email, via the Services and separately from affiliates and third parties.

 

Purposes. We may use this personal information to respond to your requests, provide our products and services, and to accomplish our business purposes and objectives, including, for example, to market our products and services and those of our clients, conduct analytics, comply with law, legal process, and internal policies, and maintain records.

 

Disclosures of personal information. We disclosed the following personal information to our affiliates and service providers for our operational business purposes:

 

A.    Identifiers, such as name, contact information, and online identifiers;

B.     Personal information, as defined in the California customer records law, such as employment and government-issued ID numbers;

C.     Internet or network activity information, such as browsing history and interactions with our website;

D.    Professional or employment-related information, such as company name; and

E.     Inferences are drawn from any of the personal information listed above to create a profile or summary about, for example, an individual’s preferences and characteristics.

 

“Sales” of personal information. The CCPA defines a “sale” as the disclosure of personal information in exchange for monetary or other valuable consideration. We have not “sold” personal information for purposes of the CCPA. The CCPA definition of “sale” does not include, for example, the transfer of personal information as an asset that is part of a merger, bankruptcy, or other disposition of all or any portion of our business.

 

If you are a California resident, you have the following rights:

 (1)    Right to Know. You have the right to request that we disclose to you the following information covering the 12 months preceding your request:

The categories of personal information we collected about you and the categories of sources from which we collected such personal information;

The specific pieces of personal information we collected about you;

The business or commercial purpose for collecting personal information about you; and

The categories of personal information about you that we otherwise shared or disclosed, and the categories of third parties with whom we shared or to whom we disclosed such personal information.

 

(2)    Right to Request Deletion. You have the right to request that we delete personal information we collected from you.

 To make a request for the disclosures or deletion described above, please contact us at info@breakwaveadvisors.com or call us at (844) 511-9635. We will respond to your request consistent with applicable law.

In order to verify your identity, Breakwave will provide you with a CCPA request document, which will include a request for information including your name, your home and work addresses, your home and work email addresses and your home (or cell) and work phone numbers. We will also ask you to provide information about your relationship with Breakwave.

If you are requesting disclosure of specific pieces of information maintained by Breakwave, we will ask you to provide a signed declaration under penalty of perjury that you are the “Consumer” whose personal information is the subject of the request.

If you are an “Authorized Agent” making a request on behalf of a Consumer, in addition to the above information regarding the Consumer, we will ask you to provide a copy of a document permitting you to act on behalf of the Consumer, signed by you and the Consumer. Breakwave will also require that the Consumer confirm directly to Breakwave that they provided you permission to submit the request.

 

(3)    Right to Be Free from Discrimination. You have the right to be free from unlawful discrimination for exercising your rights under the CCPA.

 

CONTACTING US

Breakwave Advisors LLC is located at:

17 State Street

Suite 400

New York, NY 10004

 

If you have any questions about this Privacy Notice, please contact us at info@breakwaveadvisors.com. Because email communications are not always secure, please do not include sensitive information in your emails to us.