Privacy Policy

Introduction

WealthTrac ("we," "our," or "us") is committed to protecting your privacy. This Privacy Policy explains how we collect, use, store, and protect your personal information when you use our mobile application, website, and related services (collectively, the "Service").

By using WealthTrac, you agree to the collection and use of information in accordance with this policy. If you have any questions, please contact us at privacy@wealthtrac.app.

Information We Collect

Account Information

• Email address and authentication credentials
• First and last name
• Profile photo
• Phone number (optional)
• Timezone and language preferences

Advisor Profile Information

• Professional bio and credentials
• Specializations and areas of expertise
• Years of experience
• Firm name and website
• CRD number (for verification)
• Fee structure
• Location (city and state)

Client Profile Information

• Date of birth
• Retirement age goals
• Risk tolerance (conservative, moderate, aggressive)
• Employment status and history
• Annual income and savings goals
• Investment goals
• Location (city and state)

Financial Data

When you connect your financial accounts, we collect:

• Account names and types (401(k), IRA, brokerage, etc.)
• Account balances (current and available)
• Investment holdings (stocks, bonds, ETFs, mutual funds)
• Institution names

Important: We only collect read-only access to your financial data. We cannot and do not initiate transactions, transfers, or changes to your accounts.

Communication Data

• Messages sent through our platform
• Meeting schedules and notes
• Task assignments and completion status
• Reviews and ratings (for advisors)

Technical Information

• Device information (type, operating system)
• Push notification tokens
• IP address and login timestamps
• App usage analytics

How We Use Your Information

• Provide Core Services: Display your financial accounts, track net worth, and connect you with financial advisors.
• Advisor Matching: Match clients with compatible advisors based on location, specialties, and needs.
• Communication: Facilitate messaging between clients and advisors.
• Insights: Provide financial insights (e.g., orphaned 401(k) detection) based on your connected accounts.
• Notifications: Send alerts about messages, meetings, tasks, and account activity.
• Security: Monitor for suspicious activity and protect your account.
• Improvement: Analyze usage patterns to improve our services.

Data Sharing and Disclosure

We do not sell your personal information. We only share data in the following circumstances:

• With Your Consent: We share your financial data with advisors only when you explicitly grant permission. You can revoke this access at any time.
• Service Providers: We work with third-party providers for financial data aggregation (SnapTrade, Quiltt), payment processing (RevenueCat), authentication (WorkOS), and cloud infrastructure. These providers only access data necessary to perform their services.
• Legal Requirements: We may disclose information if required by law, court order, or to protect our rights and safety.

Data Security

We implement industry-standard security measures to protect your data:

• Encryption in transit (TLS 1.2+) and at rest
• Read-only access to financial accounts
• Regular security audits and monitoring
• Access controls and authentication
• Audit logging for sensitive operations

Your Rights

You have the following rights regarding your personal information:

• Access: View the personal data we have about you.
• Correction: Update or correct inaccurate information.
• Deletion: Request deletion of your account and associated data.
• Data Portability: Export your data in a standard format.
• Revoke Consent: Withdraw permission for advisor data sharing at any time.

To exercise these rights, contact us at privacy@wealthtrac.app or use the settings in the mobile app.

Data Retention

We retain your personal information for as long as your account is active or as needed to provide you with services. If you delete your account, we will delete or anonymize your personal data within 30 days, except where we are required to retain it for legal or regulatory purposes.

Third-Party Services

We integrate with the following third-party services:

• SnapTrade: For connecting brokerage and investment accounts.
• Quiltt: For connecting retirement accounts and financial data.
• RevenueCat: For subscription management and payment processing.
• WorkOS: For secure authentication and identity management.

Each of these services has their own privacy policies and security practices.

Changes to This Policy

We may update this Privacy Policy from time to time. We will notify you of any significant changes via email or through the app. Your continued use of WealthTrac after changes constitutes acceptance of the updated policy.

Contact Us

If you have any questions about this Privacy Policy or our data practices, please contact us at:

Email: privacy@wealthtrac.app