Introduction and Scope

Wealthlex Systems operates as a business leadership education platform, serving clients across Lithuania and the European Union. This privacy policy governs how we collect, process, store, and protect your personal data when you interact with our services through assetvalley.info and related platforms.

We are committed to transparency about our data practices. As a Lithuanian-based company, we comply with the General Data Protection Regulation (GDPR), Lithuanian data protection laws, and applicable EU regulations. This policy applies to all users, regardless of their location, who access our services or provide information through our platform.

When we refer to "personal data" or "personal information," we mean any information that can identify you directly or indirectly. This includes obvious identifiers like your name and email address, but also extends to IP addresses, device identifiers, and behavioral patterns that could be used to single you out from other users.

Information We Collect

We collect information through multiple channels during your interaction with our platform. The scope and nature of data collection depends on how you engage with our services, from browsing our website to enrolling in our leadership programs.

We also collect information indirectly through cookies and similar tracking technologies. These tools help us understand user behavior, remember your preferences, and provide personalized content. You can control cookie settings through your browser, though some functionality may be limited if you disable certain cookies.

How We Use Your Information

Your personal information serves specific purposes related to delivering high-quality business leadership education. We process data only when we have a legal basis under GDPR, such as contractual necessity, legitimate interests, or your explicit consent.

• Delivering educational content and tracking your progress through our leadership programs
• Communicating program updates, scheduling information, and administrative notices
• Providing technical support and responding to your inquiries or feedback
• Analyzing usage patterns to improve our platform's functionality and user experience
• Conducting research to develop new educational content and methodologies
• Ensuring platform security and preventing fraudulent activities
• Complying with legal obligations and regulatory requirements in Lithuania and the EU
• Processing payments and maintaining financial records for enrolled participants

We may also use aggregated, anonymized data for business intelligence purposes. This includes analyzing trends in leadership development, understanding market demands, and creating industry reports. Such data cannot be traced back to individual users and helps us contribute valuable insights to the business leadership community.

Data Sharing and Third Parties

We maintain strict controls over data sharing and only work with trusted partners who meet our security and privacy standards. Any third-party access to your personal information is governed by contractual agreements that limit use to specified purposes and require appropriate data protection measures.

We may share your information with educational technology providers who power our learning management system, payment processors for handling enrollment fees, email service providers for program communications, and cloud storage providers for secure data hosting. These partners are carefully vetted and bound by data processing agreements.

In certain circumstances, we may need to disclose personal information to comply with legal requirements, respond to lawful requests from authorities, protect our rights and property, or ensure the safety of our users and staff. We will notify affected users of such disclosures when legally permitted.

We do not sell personal information to third parties for marketing purposes. Any data sharing for business purposes involves anonymized, aggregated information that cannot identify individual users. If our business undergoes restructuring, merger, or acquisition, personal data may be transferred as part of business assets, but such transfers will maintain equivalent privacy protections.

Your Privacy Rights

Under GDPR and Lithuanian data protection laws, you have comprehensive rights regarding your personal information. These rights empower you to control how your data is processed and ensure transparency in our data handling practices.

To exercise these rights, contact us using the information provided below. We may need to verify your identity before processing requests. If you're unsatisfied with our response, you have the right to lodge a complaint with the Lithuanian Data Protection Authority or your local data protection regulator.

Data Security and Protection

We implement comprehensive security measures to protect your personal information against unauthorized access, alteration, disclosure, or destruction. Our security framework combines technical, administrative, and physical safeguards appropriate to the sensitivity of the data we handle.

Technical protections include encryption of data in transit and at rest, regular security assessments, access controls limiting staff access to necessary information, secure development practices for our platform, and continuous monitoring for security threats. We use industry-standard SSL/TLS encryption for all data transmission and maintain regular security updates.

Administrative measures include staff training on data protection principles, background checks for employees handling personal data, incident response procedures, and regular policy reviews. Physical security covers secure data center facilities, controlled access to computing equipment, and proper disposal of storage media.

Despite these protections, no system is completely secure. We encourage users to maintain strong passwords, keep login credentials confidential, and report any suspicious activity. In the unlikely event of a data breach affecting your personal information, we'll notify you and relevant authorities within required timeframes.

Data Retention and Deletion

We retain personal information only as long as necessary to fulfill the purposes outlined in this policy, comply with legal obligations, resolve disputes, and enforce our agreements. Retention periods vary based on data type and legal requirements.

Account information and learning records are typically retained for seven years after program completion to provide ongoing support, verify credentials, and meet educational record-keeping requirements. Communication records may be kept for three years for quality assurance purposes. Technical logs and security data are usually retained for one year unless required longer for security investigations.

Marketing data is retained until you withdraw consent or request deletion. Financial records follow Lithuanian accounting requirements, typically seven years for tax and audit purposes. When retention periods expire, we securely delete or anonymize personal information unless extended retention is required by law.

You can request early deletion of your data by exercising your erasure rights, subject to legal retention requirements and legitimate business needs. We maintain detailed data retention schedules and regularly review stored information to ensure compliance with these policies.

International Data Transfers

As part of our global operations and use of international technology providers, your personal information may be transferred to and processed in countries outside the European Economic Area. We ensure all such transfers maintain adequate protection levels as required by GDPR.

When transferring data to third countries, we rely on approved mechanisms such as European Commission adequacy decisions, Standard Contractual Clauses, or certified providers under recognized frameworks. Our service providers are contractually required to maintain equivalent protection standards regardless of their location.

We regularly review the legal and practical arrangements governing international transfers to ensure continued compliance with evolving regulations. If you have questions about specific transfers affecting your data, please contact us for detailed information about the safeguards in place.

Children's Privacy

Our business leadership programs are designed for working professionals and are not intended for individuals under 16 years of age. We do not knowingly collect personal information from children under 16 without appropriate parental consent and verification procedures.

If we become aware that we have inadvertently collected personal information from a child under 16, we will take immediate steps to delete such information from our systems. Parents or guardians who believe their child has provided personal information to us should contact us immediately.

For users between 16 and 18 years of age in Lithuania, we may require additional verification or parental involvement before providing certain services, in accordance with local laws and our commitment to protecting young people's privacy rights.

Cookies and Tracking Technologies

We use cookies, web beacons, and similar technologies to enhance your browsing experience, analyze website usage, and provide personalized content. These tools collect information automatically when you visit our website or use our services.

Essential cookies are necessary for basic website functionality, including maintaining your login session and security features. Performance cookies help us understand how users interact with our site, enabling us to improve navigation and content delivery. Functional cookies remember your preferences and settings to personalize your experience.

You can control cookie settings through your browser preferences, though disabling certain cookies may limit website functionality. We provide clear information about cookie purposes and obtain consent where required. Our cookie policy, available separately, provides detailed information about specific cookies we use and how to manage them.

Changes to This Privacy Policy

We may update this privacy policy periodically to reflect changes in our practices, technology, legal requirements, or business operations. When we make significant changes, we'll notify affected users through email, website announcements, or other appropriate communication methods.

Minor updates, such as clarifications or administrative changes, may be posted without advance notice. We encourage you to review this policy regularly to stay informed about how we protect your privacy. The effective date at the top of this document indicates when the current version was implemented.

If changes materially affect your rights or how we process your personal information, we may seek renewed consent where required by law. Continued use of our services after policy updates constitutes acceptance of the revised terms, unless additional consent is specifically required.