Patriot Act and Customer Identification Program Notice


Patriot Act

Under Section 326 of the USA PATRIOT Act, Burch & Company, Inc. is required to verify the identity of its clients. Burch & Company, Inc. may utilize the services of outside vendors to assist us with this government-mandated requirement. We appreciate your patience with our compliance efforts.

Customer Identification Program Notice

Important Information You Need to Know about Opening a New Account/Engaging our Firm

For purposes of Customer Identification Program, Section 326 defines “account” as a formal relationship with a broker/dealer established to effect transactions in securities, including, but not limited to, the purchase or sale of securities, securities loaned and borrowed activity, and the holding of securities or other assets for safekeeping or as collateral.

To help the government fight the funding of terrorism and money laundering activities, federal law requires financial institutions to obtain, verify and record information that identifies each person who opens an account.  Formally engaging our firm via a written agreement to assist you in providing transaction advisory services may trigger these “account” requirements.

This notice answers some questions about our firm’s Customer Identification Program.

What types of information will I need to provide?

When you open an account, our firm is required to collect the following information:


A corporation, partnership, trust or other legal entity may need to provide other information, such as its principal place of business, local office, employer identification number, certified articles of incorporation, government-issued business license, corporate documents, a partnership agreement or a trust agreement.  Our firm may also be required to obtain certification on individuals who own and who control the legal entity.


  • Name
  • Date of birth
  • Address
  • Identification number:
    • S. citizen: taxpayer identification number (Social Security number or employer identification number)
    • Non-U.S. citizen: taxpayer identification number; passport number and country of issuance; alien identification card number; or government-issued identification showing nationality, residence and a photograph of you.

You may also need to show your driver’s license or other identifying documents.

U.S. Department of the Treasury, Securities and Exchange Commission, and FINRA rules already require you to provide most of this information. These rules also may require you to provide additional information, such as your net worth, annual income, occupation, employment information, investment experience and objectives and risk tolerance.

What happens if I don’t provide the information requested or my identity can’t be verified?

We may not be able to open an account, may need to close the account or may not be able to assist you with transactions.

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