Business Continuity Statement

AdCap Securities is responsible for creating and maintaining business continuity plans in the event of a business disruption. Our firm’s policy is to respond to a Significant Business Disruption (SBD) by safeguarding employees’ lives and firm property, making a financial and operational assessment, quickly recovering and resuming operations, protecting all of the firm’s books and records, and allowing our customers to transact business. This disclosure will not attempt to re-create the entire plan, but rather, will attempt to summarize key features of the Plan. The Plan itself is the subject of review and change. The identity of persons and processes will change over time and AdCap Securities will endeavor to keep the plan current with such changes.

In the event that we determine we are unable to continue our business, we will assure customers prompt access to their funds and securities. We accomplish this in part by:

  • Relocating business to alternative physical location.
  • Data back-up and recovery (Hard copy and Electronic).
  • Alternative communications between our firm and customers, employees and regulators.
  • Reviewing and updating our recovery procedures and testing those procedures on an annual basis.

With regard to client assets, nearly all market-traded securities are held in central depositories (such as the Depositary Trust Co. in the U.S.) or with custodian banks, rather than in physical certificates. Ownership of the securities is reflected on a book-entry record-keeping basis with our custodian banks or depositories’ participants (such as RBC Correspondent Services), maintaining on their records the beneficial ownership positions of their customers. This structure is recognized worldwide as providing investors with an unsurpassed level of liquidity and security for the assets they choose to custody with major financial institutions.

Although we have taken significant steps to develop and implement sound business recovery plans, we cannot guarantee that systems will always be available or recoverable after a disaster or significant business disruption. However, we believe that our planning for such events is consistent with many of the best practices established within the industry. Any material changes to the above information will be available on our website or upon request.

If you have further questions regarding our business continuity plans, please contact us by email: