Financial Security has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.
Contacting Us – If after a significant business disruption you cannot contact us as you usually do at 757-431-1414 or 800-965-3172 or by email, you should call our alternative number 800-374-7066 (Greensboro, NC). If you cannot access us through this number, you should contact the company where your account is held (ie: American Funds, Charles Schwab, Jackson National, etc.) for instructions on how they may provide prompt access to your funds and securities, enter orders and process other trade-related, cash, and security transfer transactions for you.
Our Business Continuity Plan – We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records, and allowing our customers to transact business. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.
Our business continuity plan addresses: data back up and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; regulatory reporting; and assuring our customers prompt access to their funds and securities if we are unable to continue our business.
Varying Disruptions – Significant business disruptions can vary in their scope, such as only our firm, a single building housing our firm, the business district where our firm is located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our firm or a building housing our firm, we will transfer our operations to a local site when needed and expect to recover and resume business within 3 business days. In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area, and recover and resume business within 5 business days. In either situation, we plan to continue in business, transfer operations to an alternate location if necessary, and notify you through our web site www.gofsg.com or our customer emergency number, 800-374-7066 as to how to contact us. If the significant business disruption is so severe that it prevents us from remaining in business, we assure our customers’ prompt access to their funds and securities by contacting the company where their account is held.
Group • Advisory • Management
575 Lynnhaven Parkway, Suite 310
Virginia Beach, VA 23452