Trade Reporting

Trade Reporting Phillips & Company routes all equity orders through Pershing LLC. This link will take you to the Pershing website for the most recent quarterly trade data. After you click on the link, you will be asked to enter the Broker/Dealer's full name. Please type in "Phillips" and hit display. Then click on the "Phillips and Co Securities Inc" link. The quarterly trade data will then be displayed.

New Account Procedures

Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.

Business Continuity Plan

Phillips & Company 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.

Blogs

All written content on this site is for informational purposes only. Nothing in this blog should be construed as investment advice in any way, shape or form. Comments, as well as, content on other sites linked to or from this one do not necessarily represent the opinion of the owner of this site. Material presented is believed to be from reliable sources and we make no representations as to its accuracy or completeness. All information and ideas should be discussed in detail with your individual advisor prior to implementation. Investment advisory services are offered by Phillips and Company, a registered Investment Advisor/Broker Dealer. The presence of this website on the internet shall in no direct or indirect way be construed or interpreted as a solicitation to sell or offer to sell investment advisory services to any residents of any state other than states we are licensed in or where otherwise legally permitted. We are legally empowered to provide investment advisory services to residents of states we are licensed in and certain other states.

Contacting Us

If you are unable contact us at 800-572-4765 after a significant business disruption, you should call our alternative number, 503-224-0858, or go to our web site at www.phillipsandco.com. If you cannot access us through either of those means, you should contact our clearing firm, Pershing Clearing LLC, at 201-413-2000 or www.pershing.com. In cases where our firm is not available due to a significant business disruption, the clearing firm will assist in providing you access to your funds and securities and will be able to execute various other instructions.

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 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, contractor, 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 firm, Pershing Clearing LLC, backs 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 the severity of the disruption, we have been advised by our clearing firm that its objective is to restore its own operations and be able to complete existing transactions and accept new transactions and payments within eight hours. 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, 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 four 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 24 hours. In either situation, we plan to continue in business, transfer operations to our clearing firm if necessary, and notify you through our web site at www.phillipsandco.com or our customer emergency number, 503-224-0858. 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 funds and securities.

For more information

If you have questions about our business continuity planning, you can contact us at 503-224-0858.