| A. Gary Shilling & Company, Inc.
The firm was founded in 1978 by A. Gary Shilling. Our approach
to analyzing and forecasting economic and financial developments in the
U.S. and abroad--and to applying our results to clients' activities and
portfolios we manage--is guided by Dr. Shilling's two long-standing
principles:
Human nature changes very slowly over time, if at all. Therefore, history is relevant because humans will react to similar circumstances in similar ways. The trick, however, is to find the relevant piece of history on which to draw parallels. In this sense, forecasting is an art, not a science. The services provided by the firm include
Dear Client: Below are a few disclosures and/or notifications that we are required, by the NASD, to make to all of our clients. No response is required from you. If you have any questions please call me or Michael Webb at 973-467-0070. Customer complaints: Customer complaints should be directed to the attention of A. Gary Shilling by telephone at 973- 467-0070, by mail at 500 Morris Avenue, Springfield, NJ 07081 or by email at gary@agaryshilling.com. Business Continuation Plan (“BCP”): We are required to disclose to all our customers how the firm’s BCP addresses the possibility of a future significant business disruption and how we plan to respond to events of varying scope. Our BCP Disclosure Statement is posted below and can also be mailed to you upon request. A. GARY SHILLING & CO., INC. BUSINESS CONTINUITY
PLANNING
A. Gary Shilling & Co., Inc. 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, you can instead try 1-888-346-7444 or go to our website at www.agaryshilling.com for further instructions. If you cannot access us through either of those means, you should contact our clearing firm, Thornhill Securities Inc. ("Thornhill"), at 1-512-472-7171 or visit their website at www.thornhillsecurities.com for further instructions. If you still cannot reach anyone, you should contact Thornhill’s clearing firm, Pershing LLC, at 1-888-367-2563 or visit Pershing’s website at www.pershing.com for instructions on how they might provide prompt access to your funds and securities and process other trade-related, cash and security transfer transactions. 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 our 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 back-up and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees and regulators; alternate physical location of employees; critical supplier, bank and counter-party impact; regulatory reporting; and assuring our customers prompt access to their funds and securities if we are unable to continue our business. Our clearing firms, Thornhill Securities Inc. and Pershing LLC, as well as other vendors we have engaged, back up our important records in a geographically separate area. While every emergency situation poses unique problems based on external factors, such as time of day and severity of the disruption, we have been advised by our clearing firms that their objective is to restore their own operations and be able to complete existing transactions and accept new transactions and payments within four hours with respect to various events impacting their office buildings and within 24 hours with respect to more severe incidents such as a New York City area-wide disruption or a regional disruption. Your orders and requests for funds and securities could be delayed during this period. Varying Disruptions. Significant business disruptions can vary in their scope, such as only our firm, the single building housing our firm, the business district where our firm is located, the city where we are located, or the entire 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 the building housing our firm, we will transfer our operations to enable our employees to access mission critical applications remotely from their homes and expect to recover and resume business operations within approximately four hours. In a disruption affecting our business district, city or region, we will transfer our operations to enable our employees to access mission critical applications remotely from their homes, and recover and resume business operations within 24 hours. In either situation, we plan to continue in business, transfer operations to our clearing firm if necessary, and notify you through our website (www.agaryshilling.com) how to contact us if the aforementioned phone numbers are inoperable. If the significant business disruption is so severe that it prevents us from remaining in business, we will assure our customers’ prompt access to their funds and securities. For More Information. If you have questions about our business continuity planning, you can contact us at 973-467-0070. |
