Client Disclosure Statement and Disaster Recovery Summary

Shea & Company, LLC plans to quickly recover and resume business operations after a significant business disruption (SBD) and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records, and allowing our clients to transact business.  Our company’s business continuity plan (BCP) is designed to permit us to resume operations as quickly as possible, given the scope and severity of the SBD.

The BCP addresses: 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; and facilitating prompt access to client records if we are unable to continue our business.

Significant Business Disruptions

The Company’s plan takes into account two kinds Significant Business Disruptions, internal and external.  Internal SBDs affect only the Company’s ability to communicate and do business, such as a fire or loss of electrical power in the office or building.

External SBDs prevent the operation of the securities markets or a number of firms, such as a terrorist attack, a natural disaster or another event that causes a wide-scale, regional disruption in essential services.

Internal SBDs

In the event of a disruption in the Company’s business operations due an internal SBD, the Company will attempt to continue to conduct business as usual by utilizing alternative communication methods (if available), such as the internet, cell phones, etc., or by moving our operations to an alternative location.

If personnel or operations must be moved to an alternate location, the Company anticipates that it will resume regular operations with one to two hours.

External SBDs

In the event of a disruption in the Company’s business operations due to an external SBD, the Company will attempt to continue to conduct business as usual by moving its operations to an alternative location outside the affected area, if possible, or by providing clients with alternative communication arrangements, as indicated below, to conduct business.

The Company will attempt to resume business within two to four hours and to keep its clients informed regarding relevant events to the best of its ability based on the circumstances.

In all cases, the Company will resume normal business operations as soon as it is able to do so, based on the type and the extent of the disrupting event.

If the significant business disruption is so severe that it prevents us from remaining in business, we will assure our clients prompt access to their records.

Communications

In the event you are unable to reach the Company, please proceed as follows:

  1. Contact the Company’s principals directly via cellular telephone or email.
  2. Contact FINRA’s Boston District office for more information on the company’s status and additional instructions at (617) 532-3400.

Contact Information

Any questions regarding the Company’s Business Continuity Plans should be addressed to:

Chief Compliance Officer
Shea & Company, LLC
200 Clarendon Street, Floor 25
Boston, MA 02116

 

Questions regarding the Company’s BCP may also be sent via email to info@shea-co.com