Business View Magazine | October 2020

118 BUSINESS VIEW MAGAZINE OCTOBER 2020 © 2020 Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Past performance is not indicative of future results. Brannen Bank is not affiliated with Raymond James. 20-FICM-0362 JPR 7/20 FIXED INCOME CAPITAL MARKETS / / JOHN OLIVER / / STEWART BROWNE 205.802.4276 / / RAYMONDJAMES.COM/FIXEDINCOME Find strength in our numbers. 200+ experienced institutional salespersons servicing more than 2,500 institutional accounts 100+ Fixed Income traders 50+ Fixed Income analysts/strategists 30+ North American institutional sales offices Proud strategic partner and supplier of Brannen Bank. “We’ve also made investments in off–site facilities. We have a completely operational hot site just north of Atlanta in a massive level–4 data center that has a lot of large fintech and tech companies. It allows us to shift over with a delay of less than 30 minutes and be fully running even if our main facility was taken out. So, our disaster recovery plans have been really strengthened. As well, with the COVID pandemic, we’ve taken precautions to where all of our operational staff are fully functional at their houses. We’ve provided them with laptops and monitors; we’ve bought telecommuting software that allows them to communicate with their staff and continue to train, in case the virus infiltrated our location, and we had to send everyone home. Now we wouldn’t have a lot of downtime from an op perspective.” Joseph: “We’ve had a lot of conversations in recent weeks about the impact COVID has had on our operation and how it’s going to affect us, going forward. Even before it hit, the number of people coming into a brick and mortar facility had slowed down because of technology, allowing them to do it remotely. Our lobbies have been closed since March, and we’re going to keep them closed as long as it takes, but, after it’s all behind us, we may never see traffic in and out of these facilities.” BVM: What would your dad think? Joseph: “He wouldn’t know what to think. He told us in board meetings for years that we could have another depression. And we said no way. There are too many checks and balances. He said, ‘Mark my words.’ Well, in Sept. 2008, we were looking at each other, saying he was right. We came within 48 hours of our whole financial industry going into total collapse. And it can happen again. But he would be amazed at the bank today; he’s been gone 30 years, and his view of it has completely been altered forever.” “We have just over 100 employees – a lot are younger people, and they’re more capable and