RIABiz

News, Vision & Voice for the Advisory Community

RIABiz

The SEC wants you to consider the catastrophes

How an RIA should prepare for the worst

Author Les Abromovitz, Guest Columnist April 7, 2010 at 5:45 AM
1 Comment
no description available
Les Abromovitz: Solo practitioners need to have a succession plan, too.

RIA Compliance


Michael Price

Michael Price

March 17, 2011 — 7:09 PM

Hi Les, I apologize this comment is so overdue but I just wanted to say how much I enjoyed this article, especially your wise insistence on “hoping for the best and planning for the worst.” It is so important that RIAs implement appropriate systems in their firms to both protect against threat, but also make it possible to quickly and reliably recover from disasters of all sizes should they ever occur.
If you have a second, you may enjoy taking a look at one of my articles, the World’s Worst Disaster Recovery Plan (http://discussionondigitalcompliance.com/2011/02/07/the-worlds-worst-disaster-recovery-plan/).
The worst part is this plan was actually passed by an SEC auditor!


Mentioned in this article:

NCS Regulatory Compliance
Consulting Firm
Top Executive: Mark Alcaide, COO/Partner



RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING


RIABiz Directory sponsored by:

Directory Sponsor Logo

White Paper Postings


Common Tags


Recent Articles


Popular Writers


RIABiz logo

RIABiz

About Us

Directory

Archives

Connect

RIABiz, Mill Valley, California
Copyright © 2009-2024 RIABiz Inc. All rights reserved.