Business Continuity Policy

Ramirez Asset Management, Inc. (“RAM”) has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.

Contacting Us – If after a major business disruption you cannot contact us as you normally do at (212) 248-0531, (212) 248-0500, or (800) 888-4086, you should go to our website at www.ramirezam.com, where we will keep you up-to-date with pertinent information regarding our ongoing operations. In the event of a serious business disruption, our main 800 telephone number in New York will be forwarded to one of our unaffected offices that are equipped to respond to your investment inquiries.

Our Business Continuity Plan – We plan to quickly recover and resume business operations after a major business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records, and allowing our customers to transact business. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the business disruption.

Our business continuity plan addresses: data backup and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; and assuring our customers prompt access to information concerning the management of their assets if we are unable to continue our business.

RAM maintains a highly available technology infrastructure with fault tolerance and redundancy as integral design elements. RAM maintains redundant connections, both private and internet, with diverse Tier 1 providers. Our disaster recovery site enables RAM 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 one hour intervals and can be fully active within thirty to sixty minutes of a significant disruption of the firm’s primary site.

Varying Disruptions – Business disruptions can vary in their scope, such as only our firm, a single building housing our firm, the business district where our firm is located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our firm or a building housing our firm, we will transfer our operations to a local site when needed and expect to recover and resume business within a 1 hour period. In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area, and recover and resume business within 1 hour. In either situation, we plan to keep you informed through our website at www.ramirezam.com. Please note, RAM does not serve as custodian to our customers’ assets. You should contact your designated custodian in the event that you need immediate assistance with your account, including the reviewing of account positions, or checking on the status of a check or wire request. If the business disruption is so severe that it prevents us from remaining in business, all customers will always have access to their funds and securities through their designated custodian.

For more information – If you have questions about our Business Continuity Plan, you can contact us toll free at (800) 888-4086.

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To all clients:

Ramirez Asset Management (RAM) 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 RAM Business Continuity Policy Disclosure: ramirezam.com/Home/BusinessContinuityPolicy If you have any questions, please contact your Sales or Relationship Manager or email info@ramirezam.com

Ramirez Asset Management

At Ramirez Asset Management we stand in solidarity with the communities fighting against racial injustices and the marginalization of minorities. We are firmly committed to ensuring that this opportunity is taken and we all work together to make America a more just and fair country. Ramirez Asset Management understands that Black Lives Matter and that 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.


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:


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:

We are committed to continuing to be an industry leader in the inclusion of minorities in the financial industry and firmly believe that this is a key part of our future success. As a certified minority investment manager, Ramirez Asset Management ("RAM") is fully aware of the benefits of having a diverse team and these goals are inherent in our business practice and culture. RAM's has a qualified, experienced, and diverse staff of professionals with 83% of RAM's fixed income investment team and nearly 50% of all RAM staff comprised of minority and women; further, 92% of our Firm is owned by minorities and women. RAM is proud of our team's diversity and maintains a goal of preserving or increasing diversity throughout the professional ranks as the team grows and new personnel is added. The Firm maintains a policy of non-discrimination for all employees and applicants in every facet of our operation.

Further, RAM recognizes the importance of supporting and being involved industry diversity efforts. Since 2011, RAM has served as a corporate sponsor for the National Association of Security Professionals (NASP), an organization that assists people of color and women achieve inclusion in the financial services industry. RAM regularly supports their initiatives by attending and speaking at sponsored conferences.

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. 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.