At Emerson Equity, maintaining the trust and confidence of our clients is a high priority. That is why we want you to understand how we protect your privacy when we collect and use information about you, and the steps we take to safeguard that information.

Information Collected:

In connection with providing investment products, financial advice, or other services, we obtain non-public personal information about you, including:

• Information we receive from you on account applications or other forms
• Information received from credit, service bureaus or other third parties
• Information about your transactions with us or others, including your financial adviser

Information Disclosed:

We will not disclose information regarding you or your account with us, except under the following circumstances:

• To your authorized Registered Representative and his or her manager
• To establish or maintain an account with an unaffiliated third party, such as a clearing broker providing services to you and/or Emerson Equity
• To government entities or other third parties in response to subpoenas or other legal process as required by law

Security Policy:

Only those individuals who need it to perform their jobs are authorized to have access to confidential client information. We maintain physical, electronic, and procedural security measures that comply with applicable state and federal regulations to safeguard confidential client information.

Closed or Inactive Accounts:

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 this notice.

Compliant Notification:

Your satisfaction is very important to us. Please direct any complaints to: Emerson Equity LLC, 155 Bovet Road, Suite 725, San Mateo, CA 94402, (650) 312-0200.

Privacy Policy Changes:

If we make substantial changes in the way we use or disseminate confidential information, we will notify you.