BUSINESS CONTINUITY PLAN:
Jarus Wealth Advisors LLC 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: Your first line of contact should be with our office. In the event that you are unable to reach our office, you may contact us at our main office number of (949) 556-3669. If you cannot access us via the phone number, you may go to our web site at www.JarusWealth.com to find any emergency instructions for you to follow in order to access information regarding your account(s). In the event you cannot access our website you may contact Charles Schwab directly to access your account.
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 backup 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.
Our custodian Charles Schwab backs up our important records in a geographically separate area. While every emergency situation poses unique problems based on external factors, such as time of day and the severity of the disruption, we have been advised by our custodian that its objective is to restore its own operations and be able to complete existing transactions and accept new transactions and payments within a reasonable time. Your orders and requests for funds and securities could be delayed during this period.
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 a few hours. In a disruption affecting our business district, city, or region, we will transfer our operation to a site outside of the affected area, and recover and resume business within a reasonable time. In either situation, we plan to continue in business, transfer operations to another branch or our clearing firms if necessary, and notify you through our web site. If the significant business disruption is so severe that it prevents us from remaining in business, we will assure our customers prompt access to their funds and securities.
For more information – If you have questions about our business continuity planning, you may contact us at (949) 556-3669.
DOWNLOAD A PDF OF OUR BUSINESS CONTINUITY PLAN HERE:
Contact Jarus Wealth Advisors LLC for a FREE CONSULTATION
Thank you for your interest in Jarus Wealth Advisors LLC. Please take a moment to send us your information and you will be contacted shortly to schedule a FREE 20 minute consultation.
Which Type of Free Consultation Would You Like?
Jarus Wealth Advisors LLC
7545 Irvine Center Drive, Ste. 200, Irvine, CA 92618
Phone: (949) 556-3669