As the COVID-19 (coronavirus) outbreak is top of mind for many for us, we wanted to share our current approach to protecting our clients and employees while continuing to provide excellent service.
Private Ocean uses a Business Continuity Plan which regularly monitors emergency situations that may disrupt business operations. We regularly review our processes based on the issue at hand to ensure ongoing operations and to limit the impact on our clients and staff. As part of this plan, we are currently following these guidelines:
- Heightened Education and Awareness. We believe that information is key to protecting ourselves and our loved ones from this illness. Employees showing any symptoms or signs of this illness, or those who have recently been exposed to individuals with COVID-19 are mandated to stay at home. We offer flexibility to these employees and have processes in place to ensure our clients’ needs are met. In addition, we are reminding our employees to maintain personal hygiene habits and to keep workstations and shared areas clean.
- Remote Access to Work. Our significant investment in secure, remote technology was made, in part, to provide our offices with extensive flexibility to maintain business continuity in situations like this one.
- Minimizing Face to Face Meetings. We encourage clients who are showing symptoms of the virus or who have been exposed to individuals who may be ill to reschedule in-person meetings or to have a video conference or telephone meeting instead.
- Expanding Communications with Partners. Much of the work that we do is in concert with custodians, vendors and other partners. We are in regular communication with these companies, sharing information to understand their readiness should there be a potential escalation of the virus.
We will keep you informed if there are any changes to these guidelines. Please feel free to contact us with any questions or concerns that you may have.
Founder | CEO | President
IMPORTANT DISCLOSURE INFORMATION
Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Private Ocean, LLC [“Private Ocean”]), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from Private Ocean. Please remember that if you are a Private Ocean client, it remains your responsibility to advise Private Ocean, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/ evaluating/ revising our previous recommendations and/or services, or if you would like to impose, add, or to modify any reasonable restrictions to our investment advisory services. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Private Ocean is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the Private Ocean’s current written disclosure Brochure discussing our advisory services and fees is available for review upon requestor at www.privateocean.com. Please note: Private Ocean does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Private Ocean’s web site or blog or incorporated herein, and takes no responsibility for any such content. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly. Please also note: If you are a Private Ocean client, please advise us if you have not been receiving account statements (at least quarterly) from the account custodian.