With the coronavirus severely impacting the U.S. and global economy, the need for liquidity is at an all time high. Many business owners are beyond stressed having to layoff employees and not knowing whether they will be able to survive. In today’s...
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GrowthCap Partners, LLC provides independent financial advice on private placements, mergers, acquisitions, financial restructurings and similar corporate finance matters and financial advisory. GrowthCap Partners, LLC is not a retail broker-dealer and does not provide research or analyst reports or solicit or carry accounts for, or offer or sell securities products to retail customers. GrowthCap Partners, LLC is a FINRA (http://www.finra.org/) and SIPC (http://www.sipc.org/) Member Firm.
GrowthCap Partners, 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.
If after a significant business disruption you cannot contact us as you usually do at (646) 679-1711, you should go to our website at www.growthcapadvisory.com.
OUR BUSINESS CONTINUITY PLAN
Our Business Continuity Plan addresses all areas affected by a business disruption of any type, including data backup and recovery; financial and operational assessments; alternative communications with clients, employees and regulators; alternate physical location of employees; critical supplier, contractor and bank impact; and regulatory reporting. Our Business Continuity Plan is designed to enable us to recover and restore business operations as quickly as possible, safeguard employees and property, protect the our books and records, and assure clients prompt service through alternative offices.
We duplicate all critical firm, client, regulatory and financial information on appropriate media, and store the backed-up information at remote locations. Such information is regularly sent to off-site storage facilities. From time to time we participates in disaster recovery exercises to confirm that such stored information remains accurate and accessible to us. Among other things, we secure and monitor our datacenter, regulate our data communication lines and maintain and supervise password policies and procedures to limit access to our data.
We take advantage of the our multistate office system by providing alternate locations from which our employees can temporarily perform essential business functions in the event of a firm or community-wide disruption. The decision to conduct operations from an alternate location will be made as soon as we determine the severity of the business disruption. Provisions have also been made for clients to continue to be able to contact our employees.
FOR MORE INFORMATION
If you have questions about our business continuity planning, you can contact us at (646) 679-1711.
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