While attending the TradePMR conference in Orlando recently, advisor and tech guru Joel Bruckenstein discussed advisor technology tools. Part of his presentation was about backing up our computer files. I’ve often wondered what would happen if my computer’s hard drive were to crash. Although some applications are Web-based and would not be affected, I would lose my spreadsheets and documents and the results would be devastating. I knew I needed to do something. Although I have an external hard drive I’ve never really incorporated it into my practice. Finally, after much procrastination, I subscribed to Carbonite. Now all my files are backed up and secure. I don’t mean this to sound like a commercial, but it was so easy and inexpensive. The best thing is that it only costs $55 per year per computer. That was an easy decision.
Open Wide, Please
Perhaps it’s unrelated, but we just updated our Form ADV and guess what? We get to go through our second audit in three years. Luck of the draw? Perhaps there just aren’t that many RIAs in Louisiana. In any event, it’s scheduled for mid March. I’ll let you know what happens.
SPECIAL REQUEST TO READERS: What do you use for a Policies and Procedures manual? Did you create your own or buy a template and customize? I’d love to hear about it.
Behind the Curtain