Funeral Director Daily

Rising interest rates, rising costs, rising inflation. . . . what does it mean for funeral homes

By Funeral Director Daily / April 20, 2022 /

Here’s an interesting fact as reported in this article from CNN, “The 30-year fixed-rate mortgage averaged 5% in the week ending April 14, up from 4.72% the week before, according to Freddie Mac. That’s the highest since 2010″. Here’s a couple of other quotes concerning our economy from this recent article in Yahoo Finance, “Generally speaking,…

Loewen movie article tops last 30 days readership

By Funeral Director Daily / April 19, 2022 /

Evidently the readers of Funeral Director Daily are enamored with the Oscars and what will be the best movie of 2023 or they are interested in the story of Canadian funeral home executive Ray Loewen and his quest in building a very large public company.  Our top rated article for the past 30 days was…

Will we see a “Pull-forward” effect?

By Funeral Director Daily / April 19, 2022 /

Since the world started to deal with the deaths related to the Covid-19 pandemic beginning in March and April of 2020 there has been a question in the death care world about the theory of “pull-forward” deaths. . .and if there are “pull-forward” deaths, what will that do to the profession in the years following…

SCI and other DCI stocks buck the Year-to-Date market trend

By Funeral Director Daily / April 18, 2022 /

The markets were closed on Good Friday and we thought that might be an appropriate time to take a look at how the stocks that comprise the Funeral Director Daily Death Care Index (DCI) have been doing in relation to each other and in relation to the stock market as a whole since the beginning…

Having a Servant’s heart. . . a requisite for most funeral directors

By Funeral Director Daily / April 15, 2022 /

Today is Good Friday and Sunday is Easter in the Christian world.  And, I’m a sinner saved by grace.  Wednesday at my weekly Men’s early morning Bible Study the comment was made that this weekend, when we commemorate or celebrate Jesus Christ’s death and resurrection, those of the Christian faith recognize the greatest event of…

News you can Use. . . change of ownership options, upcoming webinars, timely podcasts

By Funeral Director Daily / April 14, 2022 /

Once again my desk is getting piled up. .. In today’s Afternoon Edition I’m forwarding information from our friends at Clifton, Larson, Allen on the six options for ownership succession, bringing you information on upcoming webinars, and sending forward links to Death Care podcasts dealing with advice for the younger generation of funeral home owners,…

Pandemic Survey: Retirees emerge resilient. . . what does that mean for Preneed

By Funeral Director Daily / April 14, 2022 /

Allianz Life recently published a survey that was taken of a representative sample of 1,000 Americans detailing how they were financially affected by the pandemic that we are showing signs of emerging from.  You can access an article about the survey here. In essence, the article states that there is a “significant gap in the…

Security National Financial shows earnings increases in both Memorial and Life Insurance segments

By Funeral Director Daily / April 13, 2022 /

Security National Financial Corporation (SNFC), the Utah based multi-pronged company with divisions in funeral homes and cemeteries and also with its insurance division involved in preneed insurance, had its full-year after-tax earnings drop from $55.5 million in 2020 to $39,5 million in 2021.  It’s Earnings before taxes also dropped about $20 million for the three…

Acquisitions, new locations. . . .the business of funerals just keeps rolling along. . .

By Funeral Director Daily / April 12, 2022 /

It never ceases to amaze me how as habits change, some things stay the same and just keep rolling along.  I don’t mean that in any negative way, but as death care is looking at new options such as alkaline hydrolysis, green burial, and natural organic reduction in the future, the tried and true ways…

Is an “Event Center” in your business future

By Funeral Director Daily / April 11, 2022 /

Over my years in funeral service I operated from two different funeral home buildings.  The first building that I operated in was a former residence remodeled over a few times since about 1933 to offer a funeral home operation.  In 2006 we moved into a brand new building built exclusively for the funeral and cremation…