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Disaster Recovery and Business Continuity Plan
Client Disclosure Notice 

FMB has developed a Disaster Recovery and Business Continuity Plan to respond to events that  may occur and significantly disrupt our business. Since the timing and impact of disasters and  disruptions are unpredictable, we will remain flexible in responding to actual events as they  occur. With that in mind, we are providing you with this information on our Plan. 

Contacting Us – If you cannot contact us after a significant business disruption as you usually  do at (805) 446-4494 please email us at fmbwealth@fmbwealth.com. 

Our 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. In short, our disaster  recovery and 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 Plan addresses:  

  • Cyber-attacks, 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 supplier, contractor, bank and counter-party impact; 
  • Regulatory reporting, when necessary; 
  • Training of all FMB employees, 
  • Testing our Plan on an annual basis, at a minimum, and 
  • Assuring our contacts have prompt communications with FMB personnel. 

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 within the same business day. 

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 1-2 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 the same business day. In either situation, we plan to continue in business. 

For more information – If you have questions about our disaster recovery and business  continuity planning, or would like to view a complete copy, you can contact us at (805) 446- 4494, or email David Howerton at david@fmbwealth.com.