The following form is intended to document a trusted contact that Garrett Investment Advisors, LLC may communicate with under the following broad circumstances:
If, at any time, we are unable to reach you due to death, disability, extended absence, etc., we request your permission to contact and inform the trusted third-party listed below. The third-party will only be contacted if we are unable to reach or communicate directly with you.
If, at any time, we perceive mental impairment or cognitive decline, to the extent that we are no longer confident in your ability to make financial decisions that are in your own best interests, we request your permission to contact and inform the trusted third-party listed below. The third-party will only be contacted if we have serious concerns regarding mental impairment or cognitive decline.
If cognitive decline is suspected, by filling out and signing this form you are authorizing our firm, Garrett Investment Advisors, LLC, to discuss specific information with this trusted contact including but not limited to:
Under the following circumstances or as otherwise detailed by law:
Pursuant to privacy regulations and our firm policy (provided on the following page), we need to obtain your prior approval to share your personal and/or account data with certain third parties. By doing so, we are ensuring you are aware and approve of the sharing of your data, while minimizing the need for you to provide the same information again.
Please be advised that because you have selected 'Yes' to the previous question, our operations team will prepare and send you a DocuSign package in order to complete custodial paperwork and authorize the custodian to also contact this person as a Trusted Contact Person. We will assume that this designation as Trusted Contact Person applies to all accounts at the custodian.
PLEASE NOTE: Pursuant to custodial rules and governing bodies, this 'Trusted Contact Person' designation according to custodial paperwork applies specifically in the event of diminished capacity (mental impairment or cognitive decline). A power of attorney is instead recommended for any other scenario, including death, disability and/or extended absence.
We respect the privacy of all our clients and prospective clients, both past and present. We recognize that you have entrusted us with non-public personal information and it is important to us that all employees and clients of our firm know our policy concerning what we do with that information.
We collect personal information about our clients from the following sources:
We do not disclose non-public personal information about our clients to anyone, except in the following circumstances:
Within our firm, we restrict access to client information to staff that need to know that information. All personnel and service providers understand that everything handled in our offices is confidential and they are instructed to not discuss client information with someone else that may request information about an account unless they are specifically authorized in writing by the client to do so. This includes, for example, providing information about a spouse’s IRA account or to adult children about parents’ accounts, etc.
To ensure security and confidentiality, we maintain physical, electronic and procedural safeguards to protect the privacy of client information.
I understand that this authorization shall remain in effect unless and until I choose to revoke it in writing, which I may do at any time.
(For couples, both parties must sign.)