Regency Executes its Contingency Plan

Share This Post

Share on facebook
Share on linkedin
Share on twitter
Share on email

According to Wikipedia, “May you live in interesting times”, while seemingly a blessing, the expression is normally used ironically; life is better in “uninteresting times” of peace and tranquility than in “interesting” ones, which are usually times of trouble. We certainly are living in interesting times now but, true to the history of our country, we will overcome this too. Although no one could foresee the impact the Coronavirus would have on the world economy, Regency has had a contingency and disaster plan in place since 2004.

Regency’s contingency plan addresses issues such as what to do in the case of natural disasters, other facility access problems or even contagious threats. First and foremost, with any disaster or threat, we want to keep our staff and clients safe, while protecting the integrity of our client services and records. In early March of 2020, we prepared to execute our contingency plan for the first time. One key detail was to utilize our cybersecurity policies to safely work remotely, using virtual desktop infrastructure to connect securely to our server. In spite of the Shelter in Place orders, as an essential business, Regency has been able to continue operations, but we modified our work plan for the safety of our clients and staff, such as limiting the number of staff in the office and asking others to work remotely. Although we are not meeting with clients in the office, we continue to offer secure video conferencing as an alternative.

We look forward to the day when all companies can resume normal operations. In the meantime, we continue to monitor your investments, offer our financial planning services and can always be reached at 559-438-2640.