PRIVACY POLICY

Effective: April 12, 2017

This Policy is the property of Ridgewood Investments, LLC and its contents are confidential

Ridgewood Investments, LLC
CRD No: 121220
33 Bleeker Street, Suite 210
Millburn, NJ 07041
Phone: (973) 544-6970 * Fax: (973) 544-4026
www.ridgewoodinvestments.com

Our Commitment to You

Effective: April 12, 2017

Ridgewood Investments, LLC (“Ridgewood”) is committed to safeguarding the use of your personal
information that we have as your Investment Advisor.

Ridgewood (also referred to as “we”, “our” and “us” throughout this notice) protects the security and
confidentiality of the personal information we have and implements controls to ensure that such information is
used for proper business purposes in connection with the management or servicing of our relationship with you. Our relationship with you is our most important asset. We understand that you have entrusted us with your private information, and we do everything that we can to maintain that trust.

Ridgewood does not sell your non-public personal information to anyone. Nor do we provide such information
to others except for discrete and proper business purposes in connection with the servicing and management of our relationship with you, as discussed below.

Details of our approach to privacy and how your personal non-public information is collected and used are set
forth in this Privacy Policy.

Why you need to know?

Registered Investment Advisors (“RIAs”) share some of your personal information. Federal and State laws give you the right to limit some of this sharing. Federal and State laws require RIAs to disclose how we collect, share, and protect your personal information.

What information do we collect from you?

Social security or taxpayer identification number	Assets and liabilities
Name, address and phone number(s)	Income and expenses
E-mail address(es)	Investment activity
Account information (including other institutions)	Investment experience and goals

What sources do we collect information from in addition to you?

Custody, brokerage and advisory agreements	Account applications and forms
Other advisory agreements and legal documents	Investment questionnaires and suitability documents
Transactional information with us or others	Other information needed to service account

How we share your information?

RIAs do need to share personal information regarding its clients to effectively implement the RIA’s services. In
the section below, we list some reasons we may share your personal information.

Basis For Sharing	Sharing	Limitations
Servicing our Clients We may share non-public personal information with non-affiliated third parties (such as brokers, custodians, regulators, credit agencies, other financial institutions) as necessary for us to provide agreed upon services to you, consistent with applicable law, including but not limited to: Processing transactions; General account maintenance; Responding to regulators or legal investigations; and Credit reporting, etc.	Ridgewood may share this information.	Clients cannot limit the Advisor’s ability to share.
Administrators We may disclose your non-public personal information to companies we hire to help administer our business. Companies that we hire to provide services of this nature are not allowed to use your personal information for their own purposes and are contractually obligated to maintain strict confidentiality. We limit their use of your personal information to the performance of the specific service we have requested.	Ridgewood may share this information.	Clients cannot limit the Advisor’s ability to share.
Marketing Purposes Ridgewood does not disclose, and does not intend to disclose, personal information with non-afffiliated third parties to offer you services. Certain laws may give us the right to share your personal information with financial institutions where you are a customer and where Ridgewood or the client has a formal agreement with the financial institution. We will only share information for purposes of servicing your accounts, not for marketing purposes.	Ridgewood does not share personal information.	Clients cannot limit the Advisor’s ability to share.
Authorized Users In addition, your non-public personal information may also be disclosed to you and persons that we believe to be your authorized agent or representative.	Ridgewood does share personal information.	Clients can limit the Advisor’s ability to share.
Information About Former Clients Ridgewood does not disclose, and does not intend to disclose, non-public personal information to non-affiliated third parties with respect to persons who are no longer our clients.	Ridgewood does not share personal information regarding former clients	Clients can limit the Advisor’s ability to share.

How do we protect your information?

To safeguard your personal information from unauthorized access and use, we maintain physical, procedural
and electronic safeguards. These include computer safeguards such as passwords, as well as secured files and
buildings.

Our employees are advised about Ridgewood’s need to respect the confidentiality of each client’s non-public
personal information. We train our employees on their responsibilities.

We require third parties that assist in providing our services to you to protect the personal information they
receive. This includes contractual language in our third-party agreements.

Changes to our Privacy Policy

We will send you a notice of our Privacy Policy annually for as long as you maintain an ongoing relationship
with us.

Periodically we may revise our Privacy Policy, and will provide you with a revised policy if the changes
materially alter the previous Privacy Policy. We will not, however, revise our Privacy Policy to permit the
sharing of non-public personal information other than as described in this notice unless we first notify you and
provide you with an opportunity to prevent the information sharing.

State-specific regulations

California	In response to a California law, to be conservative, we assume accounts with California addresses do not want us to disclose personal information about you to non-affiliated third parties, except as permitted by California law. We also limit the sharing of personal information about you with our affiliates to ensure compliance with California privacy laws.
Massachusetts	In response to a Massachusetts law, clients must “opt-in” to share non-public personal information with non-affiliated third parties before any personal information is disclosed. We may disclose non-public personal information to other financial institutions with whom we have joint business arrangements for proper business purposes in connection with the management or servicing of your account.
Vermont	In response to a Vermont regulation, if we disclose personal information about you to non-affiliated third parties, we will only disclose your name, address, other contract information, and general information about our experience with you.