Business Continuity Plan

Business Continuity Plan Summary Disclosure Statement

Kurt Salmon Capital Advisors, LLC (KSCA) has developed a Business Continuity Plan to be able to continue conducting business in the event of a significant business disruption or disaster.  Since the timing and frequency of disasters and disruptions are unpredictable, KSCA will exercise flexibility in responding to actual events as they occur. This Business Continuity Plan Summary Disclosure Statement provides a summary of KSCA’s risk mitigation strategy in the event of an interruption to its daily conduct of business.

Our Business Continuity Plan (BCP)

KSCA’s plan is aimed at responding to a significant business disruption by protecting its employees and assets, assessing its financial and operational capability, and rapidly instituting recovery measures to resume operations—and therefore allow KSCA’s customers to conduct business as soon as possible—while protecting KSCA’s books and records.  KSCA does not maintain custody of clients’ funds or securities.

KSCA’s BCP anticipates two kinds of business disruptions, internal and external. Internal disruptions affect only KSCA’s ability to communicate and do business, such as a disastrous event that would occur within KSCA’s business premises. External business disruptions prevent the operation of the securities markets or a number of KSCAs, such as a terrorist attack, or a wide-scale, regional disruption. KSCA’s response to an external business disruption relies more heavily on other organizations and systems, and other entities with which we have agreements.

In the event of an SBD, either external or internal, KSCA shall establish an ordered dependency list and begin immediately communicating relevant information with KSCA’s clients, employees, critical business constituents, critical banks, critical counter-parties, and regulators. The communication options KSCA will employ may include email, telephony (mobile and fixed line), US postal mail service, and KSCA’s website (www.ksca.com).

All mission-critical systems are backed up with a copy stored offsite.  Mission-critical systems are defined by KSCA accordingly in the Business Continuity Plan. In the event of a business disruption, will be obtained and restored as needed.

Despite KSCA’s efforts to create an ideal Business Continuity Plan and be able to address a significant business disruption with a greater degree of preparation, KSCA acknowledges the unpredictable nature of disasters and the impossibility of anticipating every possible catastrophic scenario.  The principals of KSCA are confident that KSCA’s measures will allow KSCA to continue conducting business with minimum impact to KSCA’s clients and business partners.  However, KSCA cannot discount the possibility of an adverse effect to KSCA’s operations by a third party’s inability to cope with a significant business disruption.

If you have any questions about KSCA’s Business Continuity Planning or would like a copy of the plan, please contact KSCA at (404) 898-7878.

Updated: January 2024