Business Continuity Plan Disclosure
Craft Capital Management, LLC, (“Craft” or the “Firm”) is committed to safeguarding the interests of our clients and customers in the event of an emergency or significant business disruption. This Business Continuity Plan Disclosure (the “BCP”) summarizes Craft’s effort to mitigate risks inherent with unforeseen business interruptions. The Firm’s comprehensive business continuity strategy is designed to enable us to meet our existing obligations to our clients and customers even in such an event. This BCP is intended to comply with the rules promulgated by the New York Stock Exchange (“NYSE”) and the Financial Industry Regulatory Authority (“FINRA”).
Overview
Craft Capital Management LLC maintains one primary and an alternate facility to house the backbone of our operations and information technology. These two facilities are separated by proximity sufficient to diminish risks posed by local disruptions. This separation is a key element of the Firm’s overall business continuity strategy, allowing us to plan for events at each location individually, since no single event is likely to affect more than one location simultaneously. The benefit of having only one site in each location means our response to an event will be the same whether the event is localized within the Firm itself or city-wide.
Communication With Our Employees in the Event of a Disruption
The safety and well-being of our employees is a vital concern. In the event of an emergency or significant business disruption, the Firm will communicate with its employees in several different ways. We use a combination of telephone, facsimile, e-mail, and mobile phone. General information such as office closures and operating hours will be sent via e-mail to registered and non-registered employees on the Firm’s contact lists.
Protection of Primary Facilities
Protecting the infrastructure of our primary facilities is a high priority because it will allow the firm to continue operations in the event of many disaster situations, by permitting our employees to have access to and use of our facilities during that situation.
Disclaimer
The Firm’s comprehensive business continuity strategy is designed to enable us to meet our existing obligations to our clients and customers even in the event of an emergency or significant business disruption; however, it is not infallible. The plan is designed to work in many different emergency situations; but these events are, by their nature, unpredictable and it is impossible to anticipate every scenario that could cause a business disruption. Furthermore, although we are confident in our own preparedness, Craft has no control over the various entities that we must rely upon in the event of an emergency. Our business continuity plans are tested periodically to ensure readiness; yet such tests may not be able to replicate the actual conditions we experience in a real emergency. This BCP is subject to change without notice. In the event that this BCP is modified, customers may obtain an updated hard copy BCP upon request and will be provided annually thereafter. The information contained in this disclosure is provided by Craft Capital Management LLC for informational purposes only. Nothing contained herein shall be construed to amend, supplement or otherwise modify any of the terms and conditions set forth in any client agreement between you and Craft.
Craft Capital Management LLC — Member FINRA | SIPC CRD #171350, SEC #8-69455
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