Haas Financial Products Inc.
Business Continuity Plan (BCP)
Client Disclosure Statement
I. Emergency Contact Persons
Our firm's emergency contact person is: James H. Fydroski, email jim@haasfsi.com, cell phone 248-330-6235.
II. Firm Policy
Our firm's policy is to respond to a Significant Business Disruption (Business Disruption) by safeguarding employees' lives and firm property, making a financial and operational assessment, quickly recovering and resuming operations, protecting all of the firm's books and records, and allowing our clients to transact business. In the event that we determine we are unable to continue our business, we will assure clients prompt access to their funds and securities.
Our plan anticipates two kinds of Business Disruptions, internal and external. Internal Business Disruptions affect only our firm's ability to communicate and do business, such as a fire in our building. External Business Disruptions prevent the operation of the securities markets. Examples are; a terrorist attack, a city flood, or a wide-scale, regional disruption.
III. Business Description
Our firm is located at 26677 West Twelve Mile Road, Suite 151, Southfield, MI 48034. Its main telephone number is 248-358-6970. We engage in processing applications at this location.
IV. Alternative Physical Location(s) of Employees
In the event of a Business Disruption, we will move our staff from affected offices. Contact Jim for the location.
V. Clients' Access to Funds and Securities
Our firm does not maintain custody of clients' funds or securities. In the event of an internal or external Business Disruption, if telephone service is available, our registered persons will assist clients with their accounts.
VI. Mission Critical Systems
A. Product Applications
Currently, our firm receives applications from clients via mail; fax or
in-person visits by the customer. During a Business Disruption, we will
continue to take applications through any of these methods that are
available and reliable. In addition, we will inform our clients when
communications become available to tell them what alternatives they
have to send their applications to us. If necessary, clients may obtain
service directly with the respective mutual fund, insurance or
investment companies.
B. Financial Planning Services
In the event of an internal/external Business Disruption, we would
provide financial planning services at a representative's home, the
client's home or an alternative viable location.
VII. Alternate Communications
We now communicate with our clients using the telephone, e-mail, fax, U.S. mail, and in-person visits. In the event of a Business Disruption, we will assess which means of communication are still available to us, and use the means closest in speed and form (written or oral) to the means that we have used in the past to communicate with the other party. For example, if we have communicated with a party by e-mail but the Internet is unavailable, we will call them on the telephone and follow up where a record is needed with paper copy in the U.S. mail.
James H. Fydroski
President