Industries
Data licensing rules for financial advisors
By SourceX Editorial · Updated
Short answer
Before licensing, financial advisors should check securities regulations, client confidentiality and recordkeeping rules, plus customer contracts and privacy notices. Personal details are removed, your company approves every release, and the rules that apply are reviewed deal by deal with counsel.
Rules to check#
Key considerations for financial advisors: securities regulations, client confidentiality and recordkeeping rules. Which laws apply depends on your data, customers and states, so they're assessed deal by deal.
Contracts and notices#
Review customer agreements, confidentiality clauses, privacy notices and any recording consent. Records you can't clear are excluded.
How SourceX handles it#
We review rights first, remove personal details, keep confidential material out and get your approval before anything moves.
Next step#
Run the free fit check. It takes a few minutes, nothing is uploaded, and we reply within 2 business days.
Frequently asked questions
Is this legal advice?
No. It's general information. Rules are assessed deal by deal with your counsel.
What if some records aren't allowed?
They're excluded and the rest can still go ahead.
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See if your company qualifies
A short company assessment. No data uploads are needed.