Independent Solutions Wealth Management Data Breach Exposes Sensitive Client Information
Independent Solutions Wealth Management, LLC, a Williamsville, New York-based investment advisory firm, is under investigation following a data breach that may have exposed sensitive client information. The firm, which has served retail and high-net-worth clients since 2008, detected suspicious activity on July 9, 2026, affecting a portion of a vendor’s computer network.
Upon discovery, the company launched an investigation, secured affected systems, and engaged cybersecurity professionals. The breach involved unauthorized access to a single system, potentially compromising files containing personally identifiable information (PII). Independent Solutions Wealth Management reported the incident to the Massachusetts and Vermont Attorneys General on August 7, 2026.
Exposed Data Includes:
- Names, dates of birth, and addresses
- Phone numbers and Social Security numbers
- Financial account details, including account numbers, codes, and credit/debit card information
The law firm Shamis & Gentile P.A. is reviewing potential legal claims for affected individuals, who may be eligible for compensation. The breach highlights risks associated with third-party vendor networks in financial services.
Source: https://www.claimdepot.com/investigations/independent-solutions-wealth-management-data-breach-2026
Independent Solutions Wealth Management, LLC cybersecurity rating report: https://www.rankiteo.com/company/independent-solutions-wealth-management-llc
"id": "IND1786446358",
"linkid": "independent-solutions-wealth-management-llc",
"type": "Breach",
"date": "7/2026",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"{'affected_entities': [{'customers_affected': 'Retail and high-net-worth '
'clients',
'industry': 'Financial Services',
'location': 'Williamsville, New York',
'name': 'Independent Solutions Wealth Management, LLC',
'type': 'Investment advisory firm'}],
'attack_vector': 'Third-party vendor network',
'data_breach': {'personally_identifiable_information': 'Yes',
'sensitivity_of_data': 'High',
'type_of_data_compromised': ['Names',
'Dates of birth',
'Addresses',
'Phone numbers',
'Social Security numbers',
'Financial account details']},
'date_detected': '2026-07-09',
'date_publicly_disclosed': '2026-08-07',
'description': 'Independent Solutions Wealth Management, LLC, a '
'Williamsville, New York-based investment advisory firm, '
'detected suspicious activity on July 9, 2026, affecting a '
'portion of a vendor’s computer network. The breach involved '
'unauthorized access to a single system, potentially '
'compromising files containing personally identifiable '
'information (PII). The firm reported the incident to the '
'Massachusetts and Vermont Attorneys General on August 7, '
'2026.',
'impact': {'data_compromised': 'Personally identifiable information (PII), '
'financial account details',
'identity_theft_risk': 'High',
'legal_liabilities': 'Potential legal claims under review',
'payment_information_risk': 'High',
'systems_affected': 'Single system in a vendor’s computer network'},
'investigation_status': 'Ongoing',
'lessons_learned': 'Highlights risks associated with third-party vendor '
'networks in financial services',
'references': [{'source': 'Incident disclosure'}],
'regulatory_compliance': {'legal_actions': 'Potential legal claims under '
'review by Shamis & Gentile P.A.',
'regulatory_notifications': 'Reported to '
'Massachusetts and '
'Vermont Attorneys '
'General'},
'response': {'communication_strategy': 'Reported to Massachusetts and Vermont '
'Attorneys General',
'containment_measures': 'Secured affected systems',
'incident_response_plan_activated': 'Yes',
'third_party_assistance': 'Cybersecurity professionals engaged'},
'title': 'Independent Solutions Wealth Management Data Breach Exposes '
'Sensitive Client Information',
'type': 'Data Breach'}