death business
Last week the Valkyrie Trading Society wrote an article for Seeking Alpha entitled “Service Corporation International: Feeling minimal pressures”. You can access the article here. Here are three take-aways from that article: The themes are that COVID-19 pulled forward mortality, making 2020 and 2021 strong years for Service Corporation International. There is also commentary around…
Read MoreI recently read this article where Bank of America has profiled 14 future “moonshot” technologies that they believe could offer vast wealth to those who are lucky enough to invest in them. In reading that article, I realized that, to a certain extent we have, maybe not moonshot technologies, but at least planetary technologies in…
Read MoreIn the summer of 2020, Great Britain’s Competition and Market Authority (CMA) investigated the death care business sector and one statement that was made was this, “some funeral directors were providing unacceptable low levels of care of the deceased”. Couple that with the fact that, according to SunLife’s latest cost of dying report, funeral costs…
Read MoreAs we head into the weekend I’m clearing off my desk and have some information from some of our favorite friends at Clifton Larson Allen, Roosevelt Investments, and the National Funeral Directors Association that may be of interest to you. In addition, I’m throwing a couple of articles out there that are not necessarily death…
Read MoreSecurity National Financial Corporation (SNFC), the Utah public company that is partly rooted in the preneed funeral insurance and mortuary/cemetery business, recently reported its 2019 year end financial results. You can read the company’s press release on the results here. The results do say, “For the twelve months ended December 31, 2019, SNFC’s after-tax earnings…
Read MoreEvery so often a product or service comes available in the funeral industry that many funeral homes would like to add to the repertoire of things that they do for the public. One main thing to think about at this time is, “Do we offer this as a service” or “Do we charge additional for…
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