Business continuity plan disclosure

Equitable Advisors LLC (Equitable Financial Advisors in MI & TN) (“Equitable Advisors” or the “Firm”) and its clearing firm, LPL Financial, maintain separate and distinct business continuity plans (“BCPs”) for supporting the Firm’s operations center in the event of a possible interruption or disruption to the Firm’s normal means of conducting business. 

The BCPs address data backup and recovery; mission critical systems and processes; operational assessments; alternative means of communication with customers, employees, service providers, regulators, and the public; client/customer access to services and funds; alternative physical locations; and means of continued regulatory reporting. Both the Firm and LPL’s plans include redundant data centers and alternative processing facilities.  The plans identify the processes, procedures, required actions needed, and relevant responsible/contact persons in the event of a disruption to the Firm’s or LPL’s business, operations, and systems – whether resulting from an internal issue or a more broadly applicable incident, issue, or disaster –, including the movement of technology and personnel to preassigned alternate sites.

The Firm and LPL review and update their respective BCPs annually.  Equitable Advisors periodically tests its BCP processes and procedures and the provisions relating to alternative sites (and the alternative sites themselves) are tested to ensure that the relocation of technology and personnel can be performed within 24 hours.  In the event that Equitable Advisors needs to implement its BCP,  the Firm’s service center contact number will remain the same –(866) 487-7484. A copy of the Firm’s or LPL’s BCP is available upon written request from your financial professional.