Main Menu

SEC Proposal Could Require Business Continuity Plans for Investment Advisors


insurance disaster recovery business continuity

As an investment advisor, what if you were unable to serve your clients on a temporary or long-term basis with little or no warning? What if business was disrupted due to your systems being hacked? Have you considered how you would serve your valuable clients in the event of a natural disaster like a tornado, flood or earthquake?

The SEC has contemplated these scenarios for you and is attempting to put measures in place designed to mitigate operational risk and disruption to your business. If the SEC has their way, all investment advisors registered with the SEC will soon be required to adopt and implement written business continuity and transition plans. While this is just a proposal now and currently within the comment period, it might be a good time for investment advisors to consider the value a business continuity plan could add to their operations.

The SEC believes this requirement would help advisors identify and address operational risks so there would be minimal impact to clients and investors in the event of an unforeseen disruption.

We have a number of resources available to help educate you about business continuity and disaster preparedness strategies, including having the right insurance. Our team of experts is prepared to help you devise, properly design and implement the right plan for your business needs.

Click below on some of our latest thought leadership to learn more:

Lincoln K. Gray, CPATo discuss how a business continuity plan can help you as an investment advisor, fill out the adjacent form or contact Lincoln Gray, Partner in Charge, Broker-Dealer & Investment Advisory Services, at 314.983.1235 or


Back to Page