Bullard, McLeod & Associates, Inc. (“BMA”) has developed and implemented a Business Continuity Plan (“BCP”) that includes redundant data backup and alternate facilities to protect its business processes in the event of a significant business disruption.

 

BMA’s policy is to respond to a significant business disruption (SBD) in such a way as to safeguard employees’ lives and firm property, make a financial and operational assessment, quickly recover and resume operations and client communications, protect the firm’s books and records, and allow clients to continue to transact business.

 

The plan addresses business disruptions that may be caused by a local incident or by a regional or market related disaster that applies to many companies.  The plan covers our critical business processes and related employees essential for BMA to continue to conduct business for an interim or temporary period during a business interruption. BMA’s goal is to recover its critical business processes in the most efficient and timely manner with minimal interruption of service. The firm’s response and recovery time will depend on the nature and severity of the disruption. If the significant business disruption is so severe that it prevents us from remaining in business, we will assure our client’s prompt access to their funds and securities.

 

Please be advised that our business continuity plan is subject to change and modification. The plan is tested at least annually and is continuously reviewed in light of material changes to our operations, structure, business, or location or to those of our custodians and outside service providers. Copies of BMA’s business continuity plan are maintained offsite and are available upon request.