Business Continuity Plan
Brook Capital ("BC") is providing you with this information to inform you of its ability to respond to certain business disruptions. BC is a full service Registered Investment Advisor. All custody of assets is maintained by clearing firms, mutual fund transfer agents and insurance carriers.
Consistent with its business continuity plan, BC maintains backups of all systems and all data. Using these backups, the firm intends to continue its business in the event of a significant business disruption. Nevertheless, there are some disruptions that may render the firm unable to continue business. Under such circumstances, BC will ensure that clients will be able to access their funds and securities within a reasonable time directly from their clearing firms, mutual fund transfer agents and insurance carriers.
To receive up-to-date information during a significant business disruption, clients may call the firm's emergency phone number 262-893-6918.
The following describes specific disruption events and the intended response to these corresponding general business continuation events. However, clients should note that these responses are subject to modification and, depending on the severity of a specific event, BC cannot guarantee that it will be able to follow the stated course of action.
A Disruption to our Building
This disruption may be caused by physical damage, technology problems, or an inability to have personnel arrive at the office. Because buildings, such as our office here in Brookfield, WI, are critical to the firm's operations, BC's ability to resume business following a disruption to a specific building depends on type of disruption. If the location is non-functional, BC has access to duplicative systems and other processes that will allow us to maintain operations. The firm expects only minimal delays from the transfer of operations. If there is a disruption to the whole building, BC expects that operations could be disrupted for up to three hours.
A Firm-Only Business Disruption
In the event that there is a significant business disruption to the firm's internal primary systems, BC will transfer its operations to its backup systems. In this process, clients may experience a minor delay in reaching the firm due to increased phone calls, technology delays, or other minor difficulties arising from the transfer of operations. BC expects that any delay will be less than two hours. Nevertheless, the unlikely failure of the phone system could result in a delay of up to four hours.
A Business-District, City-Wide, or Regional Disruption
In the event that there is a significant business disruption that affects the business district, city, or region where any of the firm's primary systems are located, BC will transfer its operations to its backup services. In the process, clients may experience a minor delay in reaching the firm due to increased phone calls, technology delays, or other minor difficulties arising from the transfer of operations. BC expects that any delay will be less than two hours.