April 16, 2021
Dear clients and friends:
I hope you and your loved ones are healthy and well. I am writing you today to provide an update of how Wainwright continues to respond to the coronavirus crisis and to assure you that we remain fully operational.
Last year, to ensure the safety and well-being of our personnel, clients, colleagues and communities, we implemented our Business Continuity Plan, which is designed to both minimize the impact of significant business disruption and continue with normal business operations as efficiently and seamlessly as possible. I am happy to write that our system is functioning as expected and our team continues to work safely from remote locations, with full access to all of our systems.
Thanks to our internal policies and procedures, tried and tested before the pandemic hit, we have accomplished our primary goal of delivering uninterrupted service and support to our clients. Our research, trading, monitoring, supervision and reporting capabilities have not been affected and continue to operate smoothly.
We are monitoring guidance from the Centers for Disease Control as well as the latest developments from local, regional and global governments, to determine the appropriate time for our staff to return to the office on a more permanent basis. While developments are encouraging, and pointing towards a return to normalcy soon, we do not currently have any specified date for a full transition back to our Boston office.
While we continue to miss our regular face-to-face interaction with our clients and colleagues, for the time being, we remain dedicated to serving our clients, responding promptly to inquiries, and arranging and attending meetings by phone and/or video conferencing. We hope to be able to meet with you all again soon.
As always we are available by phone or email for any questions. Please do not hesitate to reach out to me or the team.
Stay safe and be well,
Chairman, Chief Executive Officer & Chief Investment Officer