Samuel A. Ramirez & Company, Inc.
Business Continuity Plan – Client Disclosure
Ramirez & Co. maintains a highly available technology infrastructure with fault tolerance and redundancy as integral
design elements. Ramirez & Co. has redundant connections, both private and internet, with diverse Tier 1 providers.
Our disaster recovery site enables Ramirez & Co. to operate at full capacity in the event of a disruption to our primary
site. The site is synchronized with the primary data center on 1 hour intervals and can be fully active within ½ hour of
a disruption of the primary site.
Ramirez & Co. is a fully disclosed introducing broker dealer that has a clearing agreement with Pershing, LLC . which
provides for the custody and safekeeping of our client's funds and securities. In addition to these functions, they also
are responsible for the clearance and settlement of securities transactions, the maintenance of customer books and
records, the delivery of funds and securities and customer account statements and trade confirmations. In the event
of a serious business disruption, our main 800 telephone numbers (New York: 1-800-888-4086 or Puerto Rico: 1-800-
424-1322) will be forwarded to one of our unaffected offices that are equipped to respond to your investment needs.
This alternate office will also be able to facilitate communications between you and your broker.
We will also update our web-site, www.ramirezco.com, periodically to provide you with pertinent information regarding
our on-going operations.
Ramirezand Pershing, LLC have sophisticated disaster recovery capabilities that will allow both parties to access
their systems between 4 and 12 hours of any major disaster.
In the unlikely event that you cannot reach Ramirez & Co. within 24 hours after a major business disruption and you
need assistance in liquidating securities, requesting checks or wires or transferring accounts, you can contact a
representative at Pershing at 1-201-413-5368 and explain your account is serviced by Samuel A. Ramirez & Co., Inc.
Samuel A. Ramirez & Company, Inc. (Ramirez & Company) continues to monitor all federal, state,
and local COVID-19 guidance. Currently all employees are working remotely. The firm is operating business
as usual, providing all products, services and capabilities for our clients across the globe. We will continue
to provide updates to you, as needed, in the coming days and weeks.
For more information, please refer to the
Ramirez & Co. Business Continuity Client Disclosure: ramirezco.com/BusinessContinuity.
If you have any questions, please contact your Sales or Relationship Manager or email info@ramirezco.com.
Ramirez & Company, Inc. Management
At Ramirez we firmly stand united in the fight against racial injustices and the marginalization of
minority communities. As a minority owned firm we are committed to ensuring that future generations
do not have to face these obstacles and we believe that we all need to work together to make America
a more just and fair country. Ramirez understands that Black Lives Matter and that more progress needs
to be made to change the fundamental problems of racial and class inequalities in housing, education,
healthcare and our justice system. This is a critical moment in time and it is imperative we
collectively take the steps to make change and move the needle.
CEO Letter to Employees Addressing this Crisis
Diversity Statement
Ramirez Charity and Community Involvement Statement
June 8, 2020
Dear Ramirez Employees:
I want to let you know that I - and all of Ramirez leadership - stand with the Black Community. We are sickened by what happened to George Floyd, Ahmaud Arbery, and the other recent victims of horrible racial violence the past few years and for many years before these events. We abhor the systemic racism and social injustices in America that Black and Brown people are subjected to. We stand with the peaceful protestors and agree that we all need to work together to make America a more just and fair country.
As a first generation American Puerto Rican, I understand the issues minorities today are facing. I have been fortunate to be a successful entrepreneur, but while growing our firm I have had to confront many cases of discrimination and inequality in the American business world. Fifty years ago I remember being told not to name the firm Ramirez, because "no-one would do business with a Hispanic firm." I understand the progress that has been made, but much more progress needs to be made to change the fundamental problems of racial and class inequities in housing, education, healthcare and our justice system. This is a critical moment in time and it is imperative we collectively take the steps to make change and move the needle.
There is no tolerance at Ramirez for racial discrimination of any type and, at a minimum, it is our responsibility and obligation to increase our outreach to the minority community in our charitable giving, internships, hiring, and professional development programs. To that end we will:
Make a commitment to continue to increase the diversity of the Ramirez workforce and the professional development of our minority employees;
Make a commitment to continue to grow our internship and education efforts for up and coming minority professionals;
Establish an internal dialog to discuss these issues and formulate solutions to make change;
Focus more of our charitable giving to organizations that work to change inequities in housing, education, healthcare and our justice system; and
Be supportive of our clients' efforts to change these inequities in America.
We will work together as a company on ideas for how to be most effective in making change. Thank you to all of you who make Ramirez a success and we welcome and appreciate your ideas.
More to come.
Sam Ramirez
Founder & CEO - Samuel A. Ramirez & Co., Inc.
Diversity Statement:
As one of the oldest and largest Hispanic institutions on Wall Street, we are proud of our origins
and strive to lead the way in benefiting those most in need. Being 92% minority owned & 100% employee
owned, we take pride that 100% of our regional offices are being led by a minority or military
veteran. When focusing on the senior leadership roles at Ramirez & Co and Ramirez Asset Management
there is an impressive 60% minority representation. We believe that this diverse workforce is a key
ingredient to our success and thus over the last ten year periods 40+% of all new hires have been
minorities. We have a robust internal program that provides junior minority employees mentorship
opportunities with senior leaders that help them navigate the industry and advance within the firm.
This pipeline of talent starts with our intern program where over the last ten years 65% of all
interns have been minorities with the current class being representative of that. Overall 40+% of
the total Ramirez family is composed of minorities.
We are committed to continuing to be industry leaders in the inclusion of minorities in the financial
industry and firmly believe that this is a key part of our future success.
Charitable Giving Statement:
Now more than ever is the time to concentrate on giving to causes that have the potential to improve our
country and create the most value for future generations. Over the last five years Ramirez has focused our
giving to organizations whose missions include the education of minority populations, community support,
healthcare and mentorship programs. A total of over 100 charities with 18+ unique causes were supported with
almost $850k+ in total donations made. Ramirez is committed to increasing our support of organizations that
are focused on racial and class inequities in housing, education, healthcare and our justice system.
