Summary of Business Continuity Plan
We are a member of FINRA and are required to create and maintain a business continuity plan pursuant to FINRA Rule 3510. In accordance with this rule, Girard Partners, Ltd., ("Girard") has developed a plan to ensure that we can continue to run our business during periods of business emergencies.
Our plan addresses the following areas of concern:
- Books and records recovery
- All mission critical systems
- Financial and operational assessments
- Alternate communications between Girard and its customers
- Alternate communications between Girard and its employees
- Alternate physical location of employees
- Critical business constituents, banks and counter-party impact;
- Regulatory reporting
- Communications with regulators
- How Girard will assure customers' prompt access to their funds and securities in the event that Girard determines it is unable to continue its business.
- Events creating a disruption of business may vary in nature.
Events creating a disruption of business may vary in nature. They could affect only Girard, affect the building where Girard is located, affect the entire business district where Girard is located, or result in a regional disruption. Girard fully intends to continue to conduct a securities business during these periods of disruption.
To address disruptions affecting only Girard, Girard's building, or the business district where Girard is located, Girard has arranged to conduct its business out of an alternate location that can accommodate its employees and critical information technology systems.
Please be advised that business continuity plans are subject to change and modification. Girard intends to update and test its business continuity plans as business conditions and technology change. All changes to its business continuity plan will be communicated to our customers.
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