Last Updated: March 2, 2022
Our Services, App and Website are not directed to children and children are not eligible to use our Services. Protecting the privacy of children is very important to us. We do not collect or maintain Personal Information from people we actually know are under 13 years of age, and no part of our Website, App or Services is designed to attract people under 13 years of age. If we later learn that a user is under 13 years of age, we will take steps to remove that user’s Personal Information from our databases and to prevent the user from utilizing the Website, App and the Services.
How We Collect Information
In general, the Personal Information we gather enables us to provide the Services to you and helps us learn more about the use of the Website, App and/or Services. The types of information we collect applies whether you are a current, prospective or former client. We collect Personal Information that you submit to us voluntarily at registration and in the course of your use of the Website, App and/or Services including geolocation information and Internet Protocol (“IP”) address (a number that is automatically assigned to your computer when you use the Internet, which may vary from session to session). We do not collect additional Personal Information on former clients, unless it is provided to us voluntarily. To use certain features of the Website or App, we require you to create an “Account” by providing your name, email address, and a password. When you create an Account, we will collect information about your retirement accounts including, employer name, relevant plan information and transactions (such as purchases, sales, account balances, holdings, inquiries, contributions). When you communicate with us by sending us an email, we will collect and store any information that is contained in your communications with us. When you establish a paying account we will also collect zip code and a phone number to contact you about your account. You can choose not to provide us with certain information, but this may limit the features of the Website, App or Services you are able to use.
We require you to provide your account credentials, including usernames and passwords, for third party accounts, including your 401(k) and/or IRA provider account (“Third Party Credentials”). We will use your Third Party Credentials solely to provide the services you request. We encourage you to use usernames and passwords that are different from Third Party Credentials on those accounts that you do not use with the Services.
When you participate in one of our surveys, we may collect additional Personal Information from you. If you participate in a sweepstakes, contest or giveaway on our Website, we may ask you for your e-mail address and/or phone number (to notify you if you win or not). We may also ask for first and last names, and sometimes post office addresses to verify your identity. In some situations, we may need additional information as a part of the entry process, such as a prize selection choice. These sweepstakes and contests are voluntary. We recommend that you read the rules for each sweepstakes and contest that you enter.
In addition to the information we collect when you establish an account we may collect information if you or a friend engages with blooom. We collect email addresses if you participate in our referral program or if you subscribe to our communications. We also collect your name and email if you request communication through our Contact Us page or through our chat function.
Our Relationship with Third Party Accounts. We created interfaces that allow you to connect with third party accounts, including 401(k) providers (each a “Third Party Account”), through the Services. In order to provide this authorization, you will need to log in to that Third Party Account directly through the Services. Once authorized by you, we can access your Third Party Account information. You can revoke our access to any Third Party Account at any time by amending the appropriate settings from within your account settings on the applicable Third Party Account.
We collect the following types of Anonymous Information:
Information Collected by Our Servers. As is true of most websites, we gather certain information automatically and store it in log files. Our servers (which may be hosted by a third party service provider) collect information from you, including but not limited to your browser type, operating system, geographic location, IP address , domain name, and/or a date/time stamp for your visit, clickstream data and referring/exit pages. We use this information to analyze trends, administer the Website and App, track users’ movements around the Website and App, gather demographic information about our user base as a whole, and better tailor our Services to our users’ needs. For example, some of the information may be collected so that when you visit the Website, App or the Services again, it will recognize you.
Log Files. As is true of most websites, we gather certain information automatically and store it in log files. This information includes IP addresses, browser type, Internet service provider (“ISP”), referring/exit pages, operating system, date/time stamp, and clickstream data. We use this information to analyze trends, administer the Services, track users’ movements around the Services, gather demographic information about our user base as a whole, and better tailor our Services to our users’ needs.
Information Collected Automatically
When a person visits any of our sites, or opens one of our emails, a variety of information is automatically collected through standard web technologies. Some of this data is Anonymous Information. This data may be linked with your Account and Personal Information to better assist our clients. Automatically-collected information might include: the operating system on your computer, the type of Web browser you are using, your IP address, and the links you followed to enter and leave our site.
How We Use Information
We will use your Personal Information to:
- Identify you as a user in our system;
- Facilitate the creation of, secure, and administer your Account;
- Provide you with Services, including personalizing the Services for you;
- Provide you with customer support;
- Market to you our products and services (and those of third parties) that we believe may interest you;
- Help understand your needs and tailor the features and content of the Service to you;
- Respond to your requests, resolve disputes and/or troubleshoot problems;
- Verify your compliance with your obligations in our Client Agreement and Terms and Conditions;
- Improve the quality of the Website, App and the Services; and
- Communicate with you about the Website, App and the Services.
We may also use your Personal Information to create Anonymous Information records by excluding information that makes the information personally identifiable to you.
How We Disclose Information
We disclose certain Personal Information:
- To third parties to whom you ask us to send Personal Information, including to 401(k) providers, brokers and investment advisors authorized by you;
- To third parties as necessary to effect the transactions and provide the services that you authorize (such as broker-dealers, custodians, independent managers etc.)
- To third parties who refer you to the Services (such as an investment advisor);
- To third party service providers who help us provide the Services or the App or Website;
- To third parties assessing our compliance with industry standards (such as professional licensing authorities);
- To our attorneys, accountants, and auditors;
Disclosure to Third Party Companies. We may enter into agreements with companies to help us serve targeted advertisements. These companies may use data about you in order to provide ads that may be of interest and relevant to you and others. Former client information may be provided in order to omit from campaigns. To learn more about this behavioral advertising practice or to opt out of some network advertising programs, you can visit optout.networkadvertising.org. We do not sell, rent or trade your Personal Information with third party companies.
We reserve the right to disclose Anonymous Information publicly without restriction.
Controlling Your Information
Certain information is necessary in order for us to provide the Services; therefore, if you delete such necessary information you will not be able to use the Website, App or Services. Please note that even though you may request the deletion of your Personal Information by us, we may be required (by law or otherwise, such as to prevent fraud, resolve disputes, troubleshoot problems, or enforce our Terms and Conditions) to keep this information and not delete it (or to keep this information for a certain time) in which case we will comply with your deletion request only after we have fulfilled such requirements. When we delete Personal Information, it will be deleted from the active database, but may remain in our archives.
If you decide at any time that you no longer wish to accept cookies from our Service for any of the purposes described above, then you can instruct your browser, by changing its settings, to stop accepting cookies or to prompt you before accepting a cookie from the websites you visit. Consult your browser’s technical information. If you do not accept cookies, however, you may not be able to use all portions of the Services or all functionality of the Services.
We will communicate with you primarily in the form of emails. You can manage the frequency and/or opt out of receiving these communications by changing your settings on the Website and/or clicking the “Unsubscribe” link at the bottom of each email. Please note that even if you unsubscribe or opt-out, we may still send you required communications (e.g., emails related to your account). You may also sign up to receive account updates using text messaging. You can opt in or out of the text messaging service through your Account at any time.
We may also send you push notifications through our App. At any time you may opt-out of receiving these types of notifications through the settings on your mobile device.
Information Disclosed to Third Parties
Our Third Party service providers are obligated to keep the personal information we share in the course of business confidential and to use the information to only provide services specified by blooom.
California Privacy Rights
We will limit the sharing of California residents’ personal information upon request, as required by law, by contacting firstname.lastname@example.org, , by calling 888-446-8416, or writing to us at Blooom, Inc., Attn: Privacy, 12433 Antioch Rd. #25010, Overland Park, KS 66225.
California residents have the right to request and receive information regarding the third parties we have disclosed their Personal Information, including the type of information disclosed. This request can be made without charge, by contacting email@example.com, by calling 888-446-8416, or writing to us at: Blooom, Inc., Attn: Privacy, 12433 Antioch Rd. #25010, Overland Park, KS 66225.
How We Respond to Do Not Track Signals
We do not currently respond to “do not track” signals or other mechanisms that might enable consumers to opt out of tracking on the Service.
Security of Your Information
We are committed to protecting the security of your Personal Information. We use a variety of industry-standard security technologies and procedures to help protect your Personal Information from unauthorized access, use, or disclosure. We also require you to enter a password to access your Account. Please do not disclose your Account password to unauthorized people. No method of transmission over the Internet, or method of electronic storage, is 100% secure, however. Therefore, while we use reasonable efforts to protect your Personal Information, we cannot guarantee its absolute security.
A Note to Users Outside of the United States