Privacy Policy
EFFECTIVE DATE: July 7, 2025
Privacy Policy
For customers and partners using portal.mystatementofnetworth.com
1. Our approach to privacy
MY Statement of Net Worth Inc. outlines its commitment to privacy and how it collects and uses personal data.
2. Personal information we collect and how we use it
Details the types of personal data collected, how it is gathered, and the purpose for its use.
3. Disclosure of your personal information
Explains when and how MY Statement of Net Worth Inc. shares personal information with others.
4. Marketing and advertising
Covers how MY Statement of Net Worth Inc. communicates with users for promotional and informational purposes.
5. Storing and transferring your personal information
Describes the security measures in place and how information may be transferred internationally.
6. Retaining your information
Outlines how long personal data is retained and the factors determining that duration.
7. Referral program
Provides information about how the referral program works and how referral data is handled.
8. Your rights in respect of your personal information
Explains users’ rights under data protection laws and how to exercise them.
9. Cookies and similar technologies
Details how cookies are used to track and personalize user experience.
10. Links to third-party sites
Cautions users about external links and third-party content.
11. Our policy toward children
Clarifies the service is not intended for children under 16 and how related data is handled.
12. Changes to this policy
Outlines the policy update process and how changes will be communicated.
13. Notice to you
Describes how MY Statement of Net Worth Inc. will notify users about legal or operational issues.
14. Contacting us
Provides contact details for privacy-related inquiries and data protection concerns.
- Our approach to privacy
1.1 MY Statement of Net Worth Inc. (“MY Statement of Net Worth“, “MY SNW”, “Powered by MY SNW”, “we“, “our“, or “us“) is committed to protecting your privacy. This privacy policy sets out how we collect, store, process, transfer, share and use data that identifies or is associated with you (“personal information“) and information regarding our use of cookies and similar technologies.
1.2 MY Statement of Net Worth operates a cloud-based financial disclosure and net worth management platform available via our websites (our “Websites”), including at mystatementofnetworth.com and our mobile application, as well as other products and services that we make available (the “MY Statement of Net Worth Service”).
1.3 This privacy policy applies to the MY Statement of Net Worth Service.
1.4 Before accessing or using the MY Statement of Net Worth Service, please ensure that you have read and understood our collection, storage, use, and disclosure of your personal information as described in this privacy policy. By accessing or using the MY Statement of Net Worth Service, you are accepting and consenting to the practices described herein.
- Personal information we collect and how we use it
2.1 Information you give to us. We collect personal information when you voluntarily submit it to us by filling in forms on our Website or by corresponding with us by phone, email, or other means. This includes information you provide when you register, subscribe, participate in discussions or promotions, or report a problem with the MY Statement of Net Worth Service.
2.2 If you choose not to provide personal information, we may be unable to provide the MY Statement of Net Worth Service to you.
2.3 Information we receive from other sources. We may receive information from Subscribers who add you as a user, or from our partners including analytics providers, credit agencies, and others, subject to your agreements with them.
2.4–2.6 Annex 1 and Annex 2 provide details about the types of personal data collected, legal bases for processing, and retention practices.
2.7 We may combine data collected directly with data collected automatically for personalization.
2.8 We may anonymize your data for testing, research, and service improvement.
- Disclosure of your personal information
3.1 We may share personal information with trusted vendors, partners, and service providers acting on our behalf. These include payment processors, analytics services, and subcontractors.
3.2 We may disclose data to comply with legal obligations, enforce our terms of service, or protect rights and safety.
3.3 Public blogs and forums: Information posted may be visible to others. To request removal, email privacy@mystatementofnetworth.com.
3.4 Testimonials: With consent, we may display your testimonial. You can update or remove it by contacting us.
3.5 Business transfers: Your information may be disclosed in the event of a merger, sale, or acquisition.
- Marketing and advertising
4.1 We may contact you with information about MY Statement of Net Worth and our services, using information we collect to tailor content.
4.2 You can manage your preferences by unsubscribing via links in our emails or by visiting our subscription center.
- Storing and transferring your personal information
5.1 Security: We maintain industry-standard security protocols to protect data. Users are responsible for safeguarding login credentials.
5.2 While no system is foolproof, we take reasonable steps to protect personal data during transmission and storage.
5.3 International Transfers: Data may be stored outside your jurisdiction. For EU/UK users, we apply safeguards aligned with GDPR or UK GDPR. Contact us for more information about subprocessors and protection measures.
- Retaining your information
6.1 We retain personal data only as long as necessary to meet business and legal obligations.
6.2 Retention depends on the type of data, its sensitivity, legal obligations, and the purpose for its collection.
- Referral program
7.1 If you refer someone to our services, we’ll store their contact information to track referrals. They may request deletion by contacting privacy@mystatementofnetworth.com.
7.2 You are responsible for obtaining consent from referred individuals and providing them access to this privacy policy.
- Your rights in respect of your personal information
8.1 Depending on your jurisdiction, you may have the right to:
- Access and portability
- Rectification
- Erasure
- Restriction
- Objection
- Non-discrimination
8.2 To exercise these rights, log into your account or contact us at privacy@mystatementofnetworth.com. We respond within 30 days.
8.3 MY Statement of Net Worth does not sell personal data. No sales have occurred in the past 12 months.
8.4 EU/UK residents may contact their local data protection authority or file a complaint with the appropriate agency (e.g., https://ico.org.uk).
- Cookies and similar technologies
9.1 We use cookies to enhance your experience and analyze site usage.
9.2 We use:
- Strictly necessary cookies
- Analytical/performance cookies
- Functionality cookies
- Targeting cookies
9.3 Some cookies are placed by third parties beyond our control.
9.4 You may opt out of targeted advertising via:
- Network Advertising Initiative
- Digital Advertising Alliance
- European Interactive Digital Advertising Alliance
9.5 You can block cookies via browser settings, but this may impact functionality.
9.6 Social media features may collect your IP and usage data. Their use is governed by the respective platform’s policy.
- Links to third-party sites
10.1 Our Website may link to external sites. Please review their privacy policies before submitting any information.
10.2 If we use framing to show third-party content, you are still submitting data directly to those parties.
- Our policy towards children
11.1 Our Service is not directed to individuals under 16. If you believe a child has submitted personal data, please contact us so we can address the situation.
- Changes to this policy
12.1 We may update this policy and will reflect the update date at the top. Material changes will be clearly communicated.
- Notice to you
13.1 We may contact you via email or notices on our Website. You may opt out of certain communications as described above.
- Contacting us
14.1 [If applicable, insert EU representative details.]
14.2 Questions or concerns? Contact our Data Protection Officer at:
MY Statement of Net Worth Inc.
Email: privacy@mystatementofnetworth.com
1184 E Broadway Hewlett, NY 11557
(888) 806-9769
14.3 If you have unresolved concerns, you may contact an independent dispute resolution provider.
Annex 1 – Personal Information We Collect
All disclosures listed below are made with service providers only and done in accordance with MY Statement of Net Worth Inc.’s Terms of Service and Privacy Policy respectively.
| Category of personal information | How we use it | Legal basis for the processing | CCPA Categorization | Previous 12-month disclosures |
|---|---|---|---|---|
| Contact information and basic personal details (e.g., name, phone number, address, location, IP address, e-mail, and professional details) | To communicate with you, including sending statements, alerts, and marketing communications. Also used to handle inquiries, service issues, and support.
To operate, maintain, and provide the features and functionality of the MY Statement of Net Worth Service. | Legitimate interests (marketing and communication); Contractual necessity; Legal obligations (e.g., identity verification)
Contract performance and pre-contractual steps; Legal compliance | Identifiers | Yes |
| Email account username and password (for contact import functionality) | To import contacts from your email address book (with your permission). | Contractual necessity | Identifiers | Yes (for email username) |
| Correspondence and comments (via email, phone, support chat, etc.) | To respond to your requests, concerns, and resolve service issues. | Legitimate interests (customer support) | Audio, electronic, visual, or similar information | Yes |
| Payment information (credit card or bank data, possibly credit scores) | To process payments and assess fraud risks. | Contract performance; Legitimate interests (fraud prevention) | Personal Information (California Customer Records) | Yes |
| Recruiting information (resumes, references, employment history, LinkedIn profiles) | To evaluate your candidacy for a position with MY Statement of Net Worth Inc. | Legitimate interests (recruitment) | Employment / Education Information | Yes |
| Business and financial information (invoices, transfers, transactions, trust accounts) | To deliver accounting tools and financial workflows within the platform. | Contract performance; Legitimate interests (platform development and maintenance) | Personal Information (California Customer Records) | Yes |
| All personal information categories listed above | To operate, maintain, and improve the platform, conduct analysis and testing, ensure security, and develop new services. | Legitimate interests (service and business improvement) | Commercial Information | Yes |
Annex 2 – Personal Information Collected Automatically
| Category of personal information | How we use it | Legal basis for the processing | CCPA Categorization | Previous 12-month disclosures |
|---|---|---|---|---|
| Information about how you access and use the MY Statement of Net Worth Service (e.g., referral URLs, session duration, clickstream data, IP address, browser, device ID) | To perform market analysis, monitor platform usage, and identify opportunities to improve or expand the service; to generate marketing leads and personalize content.
To operate, maintain, and provide the features and functionality of the MY Statement of Net Worth Service. | Legitimate interests (marketing, analytics, service improvement)
Contract performance and pre-contractual steps; Legal compliance | Geolocation, inferred preferences, Internet activity | Yes |
| Device information (device type, OS, unique IDs, browser, mobile network, IP address) | To ensure compatibility with your device, enable features, and optimize display. Also used for internal analysis and development. | Contract performance; Legitimate interests (user experience and development) | Internet or other electronic network activity information |