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ADV LetterTo Whom it may concern: Cymric, recently filed form ADV-W to withdrawal its registration as a registered investment adviser. On 12/31/08 Cymric joined forces with GenSpring Family Offices, LLC to form a world-class wealth management firm to serve ultra high net worth clients in the U.S. and internationally, and now operates as GenSpring Family Offices Southern California LFO. In accordance with S.E.C. Regulations, if you would like a copy of GenSpring's Form ADV Part II, please contact Heather Perry of this office and she will promptly forward one to you. Very Truly Yours, Patricia M. Soldano ———————————— Privacy StatementIn accordance with the Gramm-Leach-Bliley Act of 1999, Investment Advisers, among other entities, are required to provide their clients with a statement of their privacy policy concerning the disclosure of nonpublic investor information. GenSpring Family Offices, LLC takes precautions to maintain the privacy of personal information concerning our current and prospective clients and investors. These precautions include the adoption of certain procedures designed to maintain and secure your nonpublic personal information from inappropriate disclosure to third parties. What kind of personal information do we have about you and where did we get it?In the course of providing services to our clients we are required to collect and maintain non-public personal information including but not limited to the following:
This information may be collected from subscription agreements, investor and client questionnaires, as well as other written and oral communication furnished by you. In order to provide you with the highest quality service it is sometimes necessary for us to provide third parties with your personal information. This information is used to determine the suitability of certain investments, to open accounts on your behalf, to execute transactions such as wire transfers at your direction, to transact subscription and redemption requests related to your investment accounts, and to conduct other business on your behalf, but only in accordance with the authority you have given us. How do we protect your personal information?We restrict access to nonpublic personal information about our clients and former clients to those employees and agents of GenSpring Family Offices who need to know that information in order to provide our services to you. Additionally, all employees are required to adhere to a Code of Ethics that requires the employee to refrain from disclosing your nonpublic personal information. We may also disclose such information to service providers and financial institutions with which we have relationships or arrangements to assist us in providing services to you (such as data processing or tax processing and operational support). We require such third party service providers and financial institutions to protect the confidentiality of your nonpublic personal information and to use the information only for purposes for which it is disclosed to them. We exercise appropriate due diligence in selecting service providers to ensure that the service providers also implement appropriate security measures. We maintain physical, electronic, and procedural safeguards that comply with industry standards to safeguard your nonpublic personal information and which we believe are adequate to prevent unauthorized disclosure of such information. Opt Out NoticeIf you prefer that we not disclose nonpublic personal information about you to nonaffiliated third parties, you may opt out of those disclosures, that is, you may direct us not to make those disclosures (other than disclosures permitted by law). If you wish to opt out of disclosures to nonaffiliated third parties, you may contact a member of your client service team or call 800-338-3559 and ask to speak with a member of the Compliance Department. GenSpring Family Offices is affiliated with SunTrust Banks, Inc. You may obtain a copy of the SunTrust Privacy Policy at www.suntrust.com (click on "Privacy") or by contacting a member of your client service team.
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