Consumer Privacy Notice
Last updated on October 3, 2024
WHAT DOES PROMETHEUS DO WITH YOUR PERSONAL INFORMATION?
Why?
Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.
What?
The types of personal information we collect and share depend on the product or service you have with us. This information can include:
Name and email address
Income and net worth
Investment experience and assets
Social Security number, date of birth, and address
How?
All financial companies need to share customers’ personal information to run their everyday business. Below are the reasons Prometheus can share your personal information and whether you can limit this sharing:
For our everyday business purposes
This includes processing transactions in private placements, responding to court orders and legal investigations, or reporting to credit bureaus.
Does Prometheus share? Yes
Can you limit this sharing? No
For our marketing purposes
To offer our products and services to you.
Does Prometheus share? Yes
Can you limit this sharing? No
For joint marketing with other financial companies
Does Prometheus share? No
Can you limit this sharing? We don’t share
For our affiliates’ everyday business purposes
Information about your transactions and experiences.
Does Prometheus share? Yes
Can you limit this sharing? No
For our affiliates’ everyday business purposes
Information about your creditworthiness.
Does Prometheus share? Yes
Can you limit this sharing? Yes
For our affiliates to market to you
Does Prometheus share? Yes
Can you limit this sharing? Yes
For non-affiliates to market to you
Does Prometheus share? No
Can you limit this sharing? We don’t share
To limit our sharing
Email us at compliance@prometheusalts.com. Please include “Limit Sharing” in the subject line of the email and include any/all opt-out statements in the body of the email to indicate your choices.
Please note:
If you are a new customer, we can begin sharing your information 30 days from the date we sent this notice.
When you are no longer our customer, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing.
Questions?
Email us at compliance@prometheusalts.com.
Who We Are
Who is providing this notice?
Prometheus Alternative Investments, Inc., and its affiliates. See list of affiliates below.
What We Do
How does Prometheus protect my personal information?
We use security measures that comply with federal law to protect your personal information from unauthorized access and use. These measures include computer safeguards and secured files and buildings.
How does Prometheus collect my personal information?
We collect your personal information when you:
Sign-up for the Prometheus app
Transact in a private placement
Provide income, net worth, or asset information
We also collect personal information from others, such as credit bureaus, affiliates, or other companies.
Why can’t I limit all sharing?
Federal law gives you the right to limit only:
Sharing for affiliates’ everyday business purposes—information about your creditworthiness
Affiliates from using your information to market to you
Sharing for non-affiliates to market to you
State laws and individual companies may give you additional rights to limit sharing. See below for more on your rights under state law.
What happens when I limit sharing for an account I hold jointly with someone else?
Your choices will apply to everyone on your account.
Definitions
Affiliates
Companies related by common ownership or control. They can be financial and non-financial companies.
Prometheus Financial, LLC, Prometheus Financial Advisors, LLC, Prometheus Access Administrator, LLC, and Studio Prometheus, LLC.
Non-affiliates
Companies not related by common ownership or control. They can be financial and non-financial companies.
Non-affiliates we share with can include service providers such as data processors. Prometheus does not share with non-affiliates so they can market to you.
Joint marketing
A formal agreement between non-affiliated financial companies that together market financial products or services to you.
Prometheus does not jointly market.
Other important information
Additional information can be found in our Privacy Policy.
California Residents: Please also see the “Notice to California Residents” section of our Privacy Policy.