Business Continuity Plan Disclosure
Waveland Capital Partners, LLC (“Waveland” or the “Firm”) is providing you with this document to inform you of its ability to respond to certain business disruptions.
Contacting Us – To receive up-to-date information during a significant business disruption, clients may call the Firm’s emergency telephone numbers at 760/505-4632, Steven Sunstein, or 949/500-4042, Vickie Greer, or go to our website at www.wavelandgroup.com.
Our Business Continuity Plan – We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, conducting a financial and operational assessment, protecting the firm’s books and records, and allowing our customers to transact business. In short, Waveland’s Business Continuity Plan is designed to permit the Firm to resume operations as quickly as possible.
Our Business Continuity Plan addresses the following: data back up and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; regulatory reporting; and assuring our customers prompt access to their funds and securities if we are unable to continue our business. Consistent with our business continuity plan, Waveland maintains backups of all systems and all data. Using these backups, Waveland intends to continue its business in the event of a significant business disruption. Nevertheless, there are some disruptions that may render the Firm unable to continue business. Under such circumstances, Waveland will ensure that clients will be able to access their funds and securities within a reasonable time.
Varying Disruptions – Significant business disruptions can vary in their scope, such as only the Firm, a single building housing the Firm, the business district or city where Waveland is located, or the entire region. Within each of these areas, the severity of the disruption can also vary from minimal to severe.
The following describes specific disruption events and Waveland’s intended response to these corresponding general business continuation events. However, clients should note that these responses are subject to modification and, depending on the severity of a specific event, Waveland cannot guarantee that it will be able to follow the stated course of action. If these responses are modified, Waveland will post the updated disclosure statement on its website. In the alternative, clients may request that the Firm send them by mail, a copy of the updated disclosure statement by contacting the Firm as follows:
Waveland Capital Group LLC
Attn: Business Continuity Planning
19800 MacArthur Blvd., Suite 650
Irvine, CA 92612