Finance
Pension funds and endowments have the responsibility of shepherding for safety, growth, and income their assets into a multitude of investments. I’ve learned that most of those types of investors invest in bonds and private debt for income and stocks for short-term growth. Some will invest up to 5% of the assets into…
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Funeral Director Daily published this article about 17 months ago that was headlined “Carriage Services’ Mel Payne transitions to advisory role at company”. The article went on to say that Mr. Payne, who was the founder, Chairman, and CEO of Carriage Services had been in those positions since 1991. If you have…
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Matthews International, parent company of Matthews Aurora Casket, Matthews Cremation Solutions, and now Dodge Company, reported its Fiscal Year 3rd Quarter earlier this week. When you look at the report you have to look at it in somewhat a different way than their report of the 3rd Quarter of 2024. Since the…
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Orlando, Florida, based Foundation Partners Group (FPG) caught some by surprise when it announced in a news release on Monday, “a transformational milestone in its growth journey, including new ownership, increased investment in its people and facilities, and a strategic reorganization to strengthen field operations and support care teams.” The news release did…
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Last week was Earnings Release week for Service Corporation International (SCI) and readers of Funeral Director Daily are getting their second consecutive article on the company’s performance in this update. This morning’s article was headlined, “Firing on all cylinders”. Investor information network Seeking Alpha published an article last week from Lighting Rock…
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Service Corporation International (SCI), the largest by revenue, company in the public Death Care space, reported their 2nd Quarter financial results last week. On virtually all metrics the company performed better than they did for the same quarter of 2024. In addition, their numbers for the first-half of 2025, ending on June 30,…
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“Death Care” when I first heard the phrase, consisted of those businesses that offered funeral services, cremations, caskets, vaults, memorial products, prep room supplies, funeral home and cemetery supplies, and cemetery services. While world-wide in scope. it was a pretty small circle of products and services that were deemed “Death Care”. I recently…
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According to this article from the Beloit (WI) Daily News, funeral home owners Jarod and Tania Williams have acquired the two locations of the Brian Mark Funeral Home. According to the Brian Mark Funeral Home website, which you can access here, the company owned and operated funeral homes in Beloit and Clinton, Wisconsin.…
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Auburn, Maine, based Death Care organization Milestone Funeral Partners is continuing their growth pattern by announcing last week that they made another funeral home acquisition. This article from WETM of Elmira, New York, makes note that Milestone has purchased a “long-time family operated funeral home in Elmira“. That funeral home was the McInerny Funeral…
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Funeral Director Daily recently published an article on the merits of Guaranteed Preneeds vs. Non-Guaranteed Preneed contracts. In that article we discovered an inflation calculator that helped us explain the costs involved as insurance value grows and the cost to provide a funeral also grows. I had some fun with the calculator and…
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