Financial Advisory Service, Inc. (FAS) 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. Below is information regarding the FAS continuity plan.
If, after a significant business disruption, you cannot contact FAS at our main office telephone number, 913-239-2300, please go to our web site at www.faskc.com where we will post emergency contact numbers. If you still are unable to contact us, you should contact the qualified custodian of your account(s) at the number listed below for instructions on how it may provide prompt access to your funds and securities, enter orders and process other trade-related, cash, and security transfer transactions for your investment account(s).
- Charles Schwab & Co.: 1-800-515-2157
- Fidelity Investments: 1-800-544-6666
- TD Ameritrade: 1-800-431-3500, option #1
- Scottrade: 1-844-292-7709
FAS Continuity Plan
Every emergency situation poses unique problems based on external factors such as time of day and severity of the disruption. 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. The Business Continuity Plan is designed to permit the firm to resume operations as quickly as possible given the scope and severity of the significant business disruption. Orders and requests for funds and securities could be delayed during this period.
The Business Continuity Plan addresses data back-up and recovery; all mission critical systems; financial and operational assessments; alternative communications with clients, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; regulatory reporting; and assuring clients’ prompt access to their funds and securities if we are unable to continue our business.
Significant business disruptions can vary in their scope such as only the 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 the firm or a building housing the firm, we will transfer 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 operations to a site outside of the affected area and recover and resume business within 48 hours. In either situation, we plan to continue in business, transfer operations to our alternate site if necessary, and notify you through our web site www.faskc.com. If the significant business disruption is so severe it prevents us from remaining in business, we will assure you prompt access to your funds and securities.
Please call FAS at 913-239-2300 or email at email@example.com with any questions or comments.