Capital Assets Planning, Inc. Privacy Promise

Capital Assets Planning, Inc. (CAP), an independent financial planning firm and Registered Investment Adviser firm, takes your privacy very seriously.  We share a commitment to protect your privacy and the confidentiality of your personal and financial information. As providers of products and services that involve compiling personal — and sometimes, sensitive — information, protecting the confidentiality of that information has been, and will continue to be, a top priority throughout CAP.  We believe that you should know about the information we collect, the measures we take to safeguard it, and the situations in which we might share information with select business partners. This notice explains how CAP handles — and protects — the personal information we collect.  The information we collect and the extent to which we use it will vary depending on the product or service involved. In fact, in certain cases, we may not collect or share some of the types of information noted below. For example, in a number of cases CAP may have an agreement with a third party that limits the sharing of information about its customers with another company, even if that company has a business agreement with CAP. Our privacy promise derives from basic principles of trust, ethics, and integrity and compliance with state and federal regulations:

1. We collect only the customer information necessary to consistently deliver responsive products and services.  CAP collects information that helps serve your financial needs; provides high standards of customer service; develops and offers new products or services for our customers and potential customers; and fulfills legal and regulatory requirements.  The information collected generally varies depending on the products or services you request and may include:

2. We maintain safeguards to ensure information security.  We have implemented and routinely update security standards and processes — including physical, electronic and procedural safeguards — to ensure that access to customer information is limited to employees, Registered Representatives and Investment Adviser Representatives who may need it to do their jobs.  They are required to respect the confidentiality of all customer information.  All employees are fingerprinted and sign Confidentiality statements.

3. We limit how, and with whom, we share customer information.  First and foremost, we do not sell lists of our customers, nor do we disclose customer information to marketing companies outside CAP, with the exception of companies we may hire to provide specific services for us, as described below.  Under no circumstances do we share medical information for marketing purposes.
We will share customer information only when it is necessary to disclose information to third parties to prepare a proposal, effect, administer, or enforce a transaction or account modification that you request or authorize — for example, when we provide information to a mutual fund company or Third-Party Investment Manager with whom you hold or are considering holding investment accounts. 
We may be required by law or regulation to disclose information to third parties, for example, in response to a subpoena; to prevent fraud; and to comply with rules of or inquiries from industry regulators.
In some cases, we may share information we collect — for example, name, address, age and Social Security number, with other CAP business partners such as our securities broker/dealer Grove Point Investments, LLC, member FINRA/SIPC, to process or service a transaction you have requested to facilitate enhanced customer services or to inform you of financial products or services you may find useful. In a few cases, a CAP business partner not referenced in this notice may have a privacy policy that differs from the one stated in this notice.  If that is the case, you will receive a separate privacy notice from that company if you are also a customer of theirs.
CAP will not share information about you with another company or professional that may be used to make estate planning, tax, insurance underwriting or lending decisions about you, unless you so direct us in writing (including email), have previously authorized us to do so or unless we tell you beforehand and give you a chance to say no.  As permitted by federal and state laws, we may share or exchange information with companies engaged to work with us, such as:


Other than what is described herein, we won’t share information about you with third parties to market products to you unless we tell you about it first, and give you a chance to say no. We do not provide your personally identifiable information to mailing list vendors or solicitors for any purpose.

Personally, identifiable information about you will be maintained during the time you are a client, and for the required time thereafter that such records are required to be maintained by federal and state securities laws, and consistent with the professional Code of Ethics and Professional Responsibility of the Certified Financial Planner Board of Standards.

We uphold these privacy principles within CAP and with our business partners. Companies with which we share customer information are also required to maintain the confidentiality of that information.

We will reaffirm this policy annually in writing, as long as you maintain an ongoing relationship with CAP.

In this notice of our Privacy Promise, the words “you” and “customer” are used to mean any individual who obtains or has obtained a financial product or service from CAP that is to be used primarily for personal, family or household purposes. 



and FORM ADV Part 2B Supplement

Please contact CAP if you would like us to email or mail a current version of the disclosure forms that Capital Assets Planning, Inc. keeps on file with FINRA and applicable State Regulators.  If you are a financial planning client, you received a copy of these disclosures when you signed the initial Planning Agreement with CAP and/or when you established a fee-based account through CAP with a Third-Party Investment Manager.  The prior version was dated 03/28/2022.  The current version is dated 01/27/2023 with an Other-Than-Annual Amendment for ADV 2A date 03/09/2023.  This annual offer may have been delivered to you by email.  Please contact CAP if you would prefer to receive a paper copy of this annual offer instead of an email.

Material Changes to the prior versions of ADV2A & ADV2B:

  1. Change of corporate ownership and Principal from Constance Merson Dupras to Natasha Glennie Cashman
  2. Change of corporate address to 2165 N Brandywine St, Arlington, VA 22207-2225
  3. Change Constance Merson Dupras from Registered Representative to Registered Assistant
  4. Removed Grove Point Investments, LLC as a joint solicitor.  CAP now works directly with Third Party managers
  5. Amended to remove tax consulting services
  6. Clarified language on SEI fee ranges and CAP fee ranges
  7. Removed reference to Investment Advisers Act of 1940 from the ADV 2A Cover Page