Privacy Policy and Data Processing
As an independent wealth manager based in Switzerland, we prioritize the protection of your privacy and personal data. This policy aims to provide clear and transparent information about how we collect, use, protect, and, where necessary, share your information.
We are committed to processing personal data in compliance with Swiss laws, particularly the Federal Act on Data Protection (FADP), its accompanying Ordinance on Data Protection (ODP), and, where applicable, the General Data Protection Regulation (GDPR).
Responsibility for Data Processing
The entity responsible for the processing of your personal data, referred to as the “data controller,” is:
Targa 5 Advisors SA
Grand – Rue, 23
1204 Genève
+41 (0)22 732 5050
Targa 5 Advisors SA ensures that your data is processed in full compliance with the applicable Swiss data protection laws (LPD and OPD) and any other relevant regulations. If you have any questions or concerns regarding the use of your personal data, you can contact us directly using the details provided above
- Definition of Personal Data
Personal data refers to any information related to an identified or identifiable natural person. A person is identifiable if they can be recognized, directly or indirectly, notably by:
- An identifier such as their name, an identification number, an IP address, or an online identifier;
- Specific details relating to their physical, economic, cultural, or social identity.
- Collection and Categories of Data Processed
We collect personal data in the following contexts:
2.1 Data Collected for Our Financial Services
To provide you with personalized wealth management services, we may collect:
- Identification information (name, first name, date of birth, nationality);
- Contact details (address, email, phone number);
- Financial and asset information (income, assets, liabilities, financial goals, risk tolerance);
- Any other data necessary to meet your financial needs or comply with regulatory requirements.
2.2 Data Collected Through Our Website
When you use our website, we collect “Website Use Data” and “Website Analysis Data,” which may include:
- IP address;
- Device type, operating system, browser (name and version);
- Date and time of access;
- Pages visited and time spent on the site;
- Referring URL (if redirected to our website).
This data is automatically collected via server logs or analysis tools.
2.3 Retention of Employee Data
Employee personal data, including but not limited to contracts, CVs, copies of diplomas, and other relevant documents, will be retained for the duration of the employment relationship. Upon termination of this relationship, such data will be archived and kept for an additional period of ten (10) years, in compliance with legal requirements and administrative needs. After this period, the data will be securely deleted or anonymized.
- Purpose of Data Processing
We use your personal data exclusively for the following purposes:
3.1 Financial Service Delivery
- Assessing your financial profile and providing tailored solutions;
- Fulfilling our contractual obligations to you;
- Meeting our legal and regulatory obligations (e.g., anti-money laundering compliance).
3.2 Website Management and Analytics
- Operation and Security: Ensuring the stability, security, and performance of the website;
- Optimization: Improving usability, navigation, and content by analyzing user behavior.
Website analytics are conducted based on our legitimate interest to optimize our website and services while respecting user confidentiality. The data collected is not combined with other personal data and is not used for automated decision-making.
- Legal Bases for Processing
We rely on the following legal bases to process your data:
- Performance of a Contract: For example, managing your financial portfolio;
- Compliance with Legal Obligations: Particularly in tax and financial regulation, as required under Swiss law, including the LPD and OPD;
- Legitimate Interest: To secure our website, prevent misuse, and improve our services;
- Explicit Consent: Required for specific activities, such as using non-essential cookies or sending marketing communications.
- Data Sharing and Transfers
We only share your data when strictly necessary:
- With partners or service providers: For instance, custodial banks, auditors, or IT service providers;
- With competent authorities: As required by law;
- With analytics tools: Such as Google Analytics, under the conditions defined by these services.
We ensure that data transferred outside Switzerland or the EEA is protected by adequate safeguards (standard contractual clauses, adequacy decisions).
- Data Retention
We retain your personal data only for as long as necessary to:
- Fulfill the purposes outlined above (e.g., duration of a management mandate);
- Comply with legal obligations, particularly in tax and record-keeping (10 years under Swiss law).
After the mandatory retention period, your data will be securely destroyed. Any other information not subject to these legal requirements will also be destroyed in accordance with applicable legal provisions.
- Data Security
We implement rigorous technical and organizational measures to protect your data:
- Encryption of communications via HTTPS;
- Secure storage on servers meeting international standards;
- Strict access controls to prevent unauthorized access.
Our systems and procedures are regularly audited to ensure optimal protection.
- Your Rights Regarding Personal Data
You have the following rights regarding your personal data:
- Right of Access: To know what data we hold about you;
- Right to Rectification: To correct inaccurate or incomplete data;
- Right to Erasure: To request the deletion of your data (subject to legal requirements);
- Right to Restriction: To limit certain processing activities;
- Right to Object: To object to processing based on legitimate interest;
- Right to Data Portability: To receive your data in a structured, machine-readable format.
To exercise your rights, please contact us at:
- Email: info@t-advisors.ch
- Use of Cookies
Cookies are small files placed on an electronic device. They contain data that is used by the website to store information (such as pages visited or language preferences) and improve navigation.
During their validity period, cookies enable us to collect information about website users, such as:
- Computer parameters (e.g., IP address, browser type, browsing history, country, language, device type);
- Preferences, such as pages visited, duration, and date of access.
Cookies do not directly identify users but help facilitate website use as needed.
9.1 Types of Cookies
- Necessary or Session Cookies (“tracking cookies”)
These cookies are essential for the website’s functionality and allow:
- Memorization of preferences during a session (e.g., language choice);
- Proper functioning of the website.
They are installed as soon as you access the website and are deleted when you leave.
- Permanent or Analytical Cookies
These cookies are used to:
- Count visits and links clicked;
- Identify frequently visited pages;
- Store login details;
- Evaluate user navigation on the website.
They remain on your device until they expire or are deleted via your browser settings.
9.2 Consent and Cookie Settings
By visiting our website, you accept that we may collect information through cookies to provide you with the best possible experience. This information is used solely for:
- Statistical purposes to analyze website performance;
- Improving and developing our online services.
We only use necessary cookies, and the data collected through them is treated confidentially.
9.3 Managing and Blocking Cookies
Only the sender of the cookie can read or modify its contents. You can block or delete cookies by adjusting your browser settings. Please note that restricting cookies may impact your browsing experience.
- Policy Updates
We reserve the right to update this policy to reflect legal, technical, or business changes. Any updates will be published on this page with the revision date.
Last Updated: December 2024