Business Continuity Plan

Moelis is committed to protecting the interests of our clients in the event of Significant Business Disruption (SBD). The Business Continuity Plan summary below details how we will respond to events that significantly disrupt our business.

Our Firm will respond as immediately as practicable to an SBD by:

  • safeguarding employees’ lives and Firm and client property,
  • making a financial and operational assessment,
  • recovering and resuming operations,
  • protecting the Firm’s books and records, and
  • allowing clients access to our expertise and services to pursue existing engagements.

In the unlikely event that we determine we are unable to continue our business, we will notify our clients to that effect and make available to each of them any records and other documents we maintain related to the continuation of their business.

In the event of an SBD, we will authorize employees to remain at each person’s respective home using the contact information provided elsewhere in this document. Each individual has home telephone and/or cellular phone contact information. Actual physical office space is not necessary to the continuity of our operations during a dire emergency and for short periods of time. In the event of a long-term SBD, we will consider moving our staff from affected offices to the closest of our unaffected office locations.

The Firm has a comprehensive architecture for the electronic back-up and recovery of its data. The primary data facilities for the Firm are at 399 Park Avenue, 5th Floor, New York, New York, 10022 and at 1999 Avenue of the Stars, Suite 1900, Los Angeles, California, 90067 and also Condor House, St. Paul’s Churchyard, London EC4M 8AL.

The Firm utilizes replication and tape backups stored offsite to allow for the recovery of data. Regional data is replicated to primary data facilities based on proximity. Replicated data is backed up along with local data via tape on a regularly scheduled basis. Backup tapes are stored off-site in a secure archive facility.

We communicate with our clients using the telephone, email, our website, fax, US mail, delivery services and in-person visits at our Firm or at the other’s location. In the event of an SBD, we will assess which means of communication are still available to us, and use the means closest in speed and form (written or oral) to the means that we have used in the past to communicate with the other party. For example, if we have communicated with a party by email but the Internet is unavailable, we will call them on the telephone and follow up where a record is needed with paper copy in the US mail or rapid delivery service.

The Firm’s primary introducing brokerage firm is Weeden & Co., L.P. A summary of its Business Continuity Plan is located on its website: http://weedenco.com. The Firm’s clearing firm is Merrill, Lynch, Pierce, Fenner & Smith Incorporated. A summary of its Business Continuity Plan is located on its website: https://www.ml.com/privacy-and-security-center/business-continuity-planning.html#experience=static

If you have questions regarding our Business Continuity Plan, you may contact us at compliance@moelis.com. The Firm will review this Business Continuity Plan at least annually to modify it for any changes in our operations, structure, business or location.

 

To learn more about Moelis, please visit www.moelis.com.