Oct 26, 2026
Bessemer Trust updates data sharing disclosures
What changed
- Updated the privacy banner to state they now "market our services" and share information with "advertisers and other third parties."
- Added language clarifying that their use of tracking technology may constitute a "sale" or "share" of personal information under state laws.
- Revised the "Opt Out Preferences" section to include a broader description of tracking technologies beyond just cookies.
- Modified the description of Performance Cookies to include monitoring how users "conduct other analytics."
- Changed the "Your Privacy Rights" button label to "Manage Preferences."
Why it matters
The company has updated its legal language to explicitly state that they share user data with advertisers and third parties. This suggests a shift toward more active digital marketing and retargeting strategies for their wealth management services.