Christopher Weil
& Company, Inc.
Business
Continuity Planning
As of August 20,
2005
Christopher Weil &
Company, Inc. (CWC) 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 the following numbers:
|
Office: |
800-355-9345 |
|
|
858-704-1444 |
|
Office Fax: |
858-704-1456 |
|
Email: |
you should call our
alternative numbers listed below or go to our web site at http://www.cweil.com
|
John Wells |
cell phone |
858-232-0209 |
|
|
home phone |
858-259-2417 |
|
Chris Weil |
cell phone |
858-442-1212 |
|
|
home phone |
858-792-6558 |
If you cannot access us
through either of those means, you should contact one of our clearing firms.
If you have an account at
Bear Stearns contact the following:
|
Phone: |
347-643-4927 |
Bear Stearns Scurities
Corp. will only execute the following transactions: 1) Liquidate orders, 2)
Check and wire requests, 3) Security Transfers |
|
Web Site: |
http://www.bearstearns.com |
|
If you have an account at
Fidelity contact the following:
|
General Service |
800-343-3548 |
|
Sean Sullivan |
800-523-1203, press #
then 1, then 5128 |
|
|
sean.sullivan@fmr.com |
|
Eric Glew |
949-838-0201, ext. 4203 |
|
|
eric.glew@fmr.com |
|
|
|
|
Web Site |
http://ria.fidelity.com/contactus.html |
The above contacts will be
able to provide you with customer service in the event of a significant
business disruption such as access to funds and securities, trade order entry,
and cash and security transfers.
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.
Our
clearing firm, Bear Stearns Securities Corp., backs up their (not 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 clearing firm that its objective is to restore its own
operations and be able to complete existing transactions and accept new
transactions and payments within 24 hours.
Your orders and requests for funds and securities could be delayed
during this period.
We
also have accounts custodied at Fidelity Investments. Fidelity backs up their
(not 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 Fidelity that its objective is
to restore its own operations and be able to complete existing transactions and
accept new transactions and payments within 24 hours. 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 24 hours.
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 24 hours.
In either situation, we plan to continue in business, transfer
operations to our clearing firm if necessary, and notify you through our web
site http://www.cweil.com or the emergency
numbers listed about on how to contact us.
If the significant business disruption is so severe that it prevents us
from remaining in business, we will assure our customer’s prompt access to
their funds and securities.
For
more information
– If you have questions about our business continuity planning, you can contact
us at
|
Mail: |
Christopher
Weil & Company, Inc. 12555
High Bluff Drive Suite
180 San Diego,
California 92130 |
|
Email: |
|
|
Phone: |
800-355-9345 |
|
Fax: |
858-704-1456 |