• 1-800-219-6770
  • Hoboken, New Jersey, 07030

Business Continuity Plan


1 Newark St, Hoboken, NJ 07030

Toll Free: 1-800-219-6770

January 18, 2018

Disclosure of Business Continuity Plan

Attached is our written BCP disclosure statement we provide clients at account opening. We also post the disclosure statement on our website and mail it to clients upon request

Updates and Annual Review

Our firm will update this plan whenever we have a material change to our operations, structure, business or location or to those of our clearing firm. In addition, our firm will review this BCP annually, on January 15 to modify it for any changes in our operations, structure, business or location or those of our clearing firm.

Senior Manager Approval

I have approved this Business Continuity Plan as reasonably designed to enable our firm to meet its obligations to customers in the event of an SBD.

Tomaskovics Consulting has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.

Contacting Us

If after a significant business disruption, you cannot contact us as you usually do at 1-800-219-6770, you should call our alternative number 1-201-283-8691 (this number will only be monitored under an emergency) or go to our website at https://tomaskovicsconsulting.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, making a financial and operational assessment, protecting the firm’s books and records, and allowing our customers to transact business. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.

Our business continuity plan addresses:

  • Data backup 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 accounts if we are unable to continue our business

Varying Disruptions

Significant business disruptions can vary in their scope, such as only our firm, a single building housing our firm, the business district where our firm is located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our firm or a building housing our firm, we will transfer our operations to a local site when needed and expect to recover and resume business within 48 hours.

In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area, and recover and resume business within 120 hours. In either situation, we plan to continue in business, transfer operations if necessary, and notify you through our website https://tomaskovicsconsulting.com or our customer emergency number 1-201-283-8691 how to contact us. If the significant business disruption is so severe that it prevents us from remaining in business, we will assure our customer’s prompt access to their accounts.