Broker Check

Business Continuity Plan

D.B. Wealth Management Group, LLC (“Adviser”) has developed and implemented a Business Continuity Plan (“BCP”) that includes redundant data centers and alternate facilities to protect its business processes and technology environment in the event of a significant business disruption. Adviser’s policy is to respond to a significant business disruption (“SBD”) in an effort to safeguard employees’ lives and firm property, make a financial and operational assessment, quickly recover and resume operations, protect the firm’s books and records, and allow our clients to continue to transact business during an SBD.

The BCP 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 BCP covers critical business processes and related employees and is designed to allow for Adviser to continue to conduct business for an interim or temporary period during a business interruption. Every important aspect of Adviser’s business activities has been addressed including:

  • Data backup and recovery
  • All mission critical systems
  • Financial and operational assessments
  • Alternative communications (with clients, employees and regulators)
  • Alternate physical location of employees
  • Critical suppliers, contractors
  • Banks and counter-party impact,
  • Regulatory reporting and assuring prompt client access to their funds and securities

Adviser’s goal is to restore its critical business processes with minimal interruption, depending on the nature of the disruption. 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 resume conducting business within four hours of the disruption. In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area, and presume to resume business within four hours of the disruption. If the SBD is so severe that it prevents us from remaining in business, we will ensure that our clients will have prompt access to their funds and securities.

If after a SBD you cannot contact us as you usually do at (619) 497-040, please use our emergency contact number: (619) 368-3801 or go to our website at www.dbwmg.com for contact instructions. If you cannot access us through either of those means, and you have a brokerage account carried by our custodian, you should contact LPL Financial via its website https://lplfinancial.lpl.com or by telephone at (800) 877-7210 X6610 for instructions on how it may provide prompt access to your funds and securities including accepting buy and sell orders and issuing checks and wires from your account. If you have accounts at a mutual fund or insurance company, you should contact the company directly for access to your securities.

Please be advised that our BCP is subject to change and modification. Our firm will update this plan whenever we have a material change to our operations, structure, business, or location or to those of our custodian. In addition, our firm will review our plan annually to modify it for any changes. If the plan is modified, we will promptly post the revised summary on our Website at www.dbwmg.com. If you have questions about our BCP or would like a written copy of the summary, you can contact us at (619) 497-0404.

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