Business Continuity Plan

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The purpose of this Business Continuity Plan (BCP) summary is to ensure our clients that Church Organizers Foundation (COF) has a business continuity plan with detailed policies and procedures, which we will employ in the event of a Significant Business Disruption (SBD).

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Our policy is to respond to a Significant Business Disruption (SBD) by taking reasonable measures designed to safeguard employees lives and firm property, making a financial and operational assessment, quickly as practicable recovering and resuming operations, protecting all of the firm's books and records, and allowing our customers to transact business. In the event that we determine we are unable to continue our business we will take steps towards assuring customers prompt access to their funds and securities.

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Our plan anticipates two kinds of SBDs, internal and external. Internal SBDs affect only our firm's ability to communicate and do business, such as a flood or fire in our building. External SBDs prevent the operation of the securities markets or a number of firms, such as a terrorist attack, a blackout, or a wide-scale, regional disruption. Our response to an external SBD relies more heavily on other organizations and systems, especially on the capabilities of our customer's custodians.

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Each of our custodians has a Business Continuity Plan and their mission for contingency planning is to ensure the continuous, reliable delivery of service to LPL Financial customers while maintaining regulatory compliance.

This Business Continuity Plan summary is subject to modification at any time, but will be promptly posted to the web site if changes are made and customers may be able to obtain updated summaries by requesting a written copy by mail.  Click here for more information.