This Privacy Policy outlines how The Financialist, operated by Finfam Investment Advisors Private Limited (“we”, “us”, “our”), collects, processes, stores, and safeguards your personal information when you interact with our website https://thefinancialist.co or use our services.
We are committed to protecting your privacy and handling your data responsibly, in compliance with the Digital Personal Data Protection Act, 2023 (DPDP Act), the SEBI (Investment Advisers) Regulations, 2013, and other applicable Indian laws.
1. Who We Are
Finfam Investment Advisors Private Limited
Registered Name: Finfam Investment Advisors Private Limited
SEBI RIA Registration No: INA000018036
BASL Membership ID: BASL2001
CIN: U67190MH2021PTC373220
Type of Registration: Non-Individual
Validity of Registration: June 06, 2023 – Perpetual
Registered Address: Grand Edifice, 605, Akurli Rd, Kandivali, Akurli Industry Estate, Kandivali East, Mumbai, Maharashtra – 400101
2. Types of Personal Data We Collect
Identity Info: Name, gender, age, PAN/Aadhaar (if required)
Contact Info: Email, phone number, residential address
Financial Info: Income, assets, liabilities, bank info, insurance, investment history
Lifestyle & Goals: Financial goals, family profile, risk appetite
Device & Usage: IP address, browser info, device ID, cookies, user interaction
Communications: Emails, WhatsApp chats, calls, form inputs, surveys
3. Purpose of Data Collection
We collect and use your data to:
Evaluate your suitability for financial planning
Offer personalized investment and insurance recommendations
Fulfill compliance requirements under SEBI and Indian law
Communicate essential updates, reports, and service improvements
Analyze site usage to improve performance
With your consent, share relevant insights or updates
We never sell or rent your personal data.
4. Legal Basis for Processing
We rely on the following grounds for processing:
Consent: Explicit agreement when you sign up or engage with us
Contractual necessity: To provide advisory services you have opted into
Legal obligation: Compliance with SEBI, FEMA, PMLA, and tax laws
Legitimate use: Limited internal use for improvement, fraud prevention, and support
5. Data Storage & Retention
Data is stored in encrypted, secure cloud environments.
We retain client data for as long as you are a client and for a minimum of 5 years thereafter, as required by SEBI.
Non-client data (e.g., inquiry forms) may be deleted after a reasonable period unless required by law.
6. Cookies & Analytics
We use cookies and analytics tools (e.g. Google Analytics, Meta Pixel) to understand user behavior and improve site experience.
You may disable cookies via browser settings. This may limit functionality.
7. Data Sharing
Your data may be shared with:
Authorized staff (advisors, analysts, support)
Third-party vendors (cloud storage, CRMs, analytics, payment processors) under strict contracts
Government authorities if legally mandated
Partners only if you explicitly consent
We do not share data with advertisers or unrelated third parties.
8. Your Rights
You can:
Access and review your data
Request correction
Withdraw consent
Ask for deletion (as permitted by law)
Lodge a complaint with our Grievance Officer
To exercise your rights, contact the officer listed below.
9. Security Measures
We use:
Encrypted storage and transmission
Access control and secure authentication
Periodic audits and vulnerability scans
Breach notifications as per DPDP Act
10. Compliance & Grievance Contacts
Compliance Officer:
Name: Priyank Shah
Contact: +91 9819269225
Email: priyank@finfaminvestmentadvisors.com
Grievance Officer:
Name: Vatsal Majithia
Contact: +91 9022482377
Email: vatsal@finfaminvestmentadvisors.com
Both officers are responsible for overseeing privacy and data handling practices at The Financialist. Grievances will be acknowledged within the legally stipulated time.
11. Children’s Privacy
This website and our services are not intended for users under the age of 18. We do not knowingly collect data from minors.
12. Contact Us
Questions, feedback, or requests may be sent to:
Email: vatsal@finfaminvestmentadvisors.com
Website: https://thefinancialist.co