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Q: Information about a company ( Answered,   0 Comments )
Question  
Subject: Information about a company
Category: Business and Money
Asked by: johnnfrances-ga
List Price: $20.00
Posted: 12 Jan 2004 16:45 PST
Expires: 11 Feb 2004 16:45 PST
Question ID: 295746
Please tell me about Keane.Their address is One Tower Bridge, 100
Front Street,Suite 300, West Conshohocken,Pa 19428-2886. They are in
the business of locating owners of unclaimed assets.

Request for Question Clarification by bobbie7-ga on 12 Jan 2004 16:52 PST
Hello johnnfrances,

What kind of information are seeking for this company?

Thanks,
Bobbie7

Clarification of Question by johnnfrances-ga on 12 Jan 2004 18:19 PST
Keane sent a letter stating they have found unclaimed assets which
belong to us.  We want to know if this (Keane) is a legitimate company
or if this is just a scam.  They are not requesting any money from us,
but supposedly would just keep a percent of the asset value.
Answer  
Subject: Re: Information about a company
Answered By: bobbie7-ga on 12 Jan 2004 20:48 PST
 
Hello Johnnfrances,


Below you will find the results of my research for information about
Keane, located in West Conshohocken, Pa.


Keane 
One Tower Bridge 
100 Front Street, Suite 300 
West Conshohocken, PA 
19428-2886 
TEL:   1-800-848-8896
FAX:  1-610-828-0628


------------------------------------------------------


Keane has over 50 years of experience in locating unclaimed assets for
individuals and corporations.

?For more than 50 years, Keane has provided customized, comprehensive
unclaimed property management solutions for Fortune 1000 companies.
Keane, based in suburban Philadelphia, offers its clients unclaimed
property consultation in areas such as SEC Compliance, General Ledger
Services, Corporate Action Resolution, Deep Search and Asset Recovery
and Unclaimed Property Reporting Services. Keane is built on a
reputation of integrity, sensitivity, innovation and client service.

BUSINESS WIRE: September 17, 2003
http://quickstart.clari.net/qs_se/webnews/wed/bz/Bpa-keane.RY2P_DSH.html


------------------------------------------------------


Keane is a member of the  Better Business Bureau


KEANE
BBB Business Classification:    
Financial-Unclaimed Funds Retrieval Services
Original Business Started in:  Jun-1949
Principal:    MR. D. Douglas Johnson President

?This company is a member of this Better Business Bureau. This means
it supports the Bureau's services to the public and meets our
membership standards.?

BBB Customer Experience Record: ?Our file experience shows that this
company has a satisfactory record with the Bureau.

?The company's services include unclaimed fund compliance,
administration and recovery services. The administration services are
offered to large financial institutions while the recovery services,
which may be endorsed by the financial institutions, are offered
primarily to the public. The asset recovery services pertain solely to
those unclaimed or dormant assets which have not yet been remitted to
state's treasury or revenue departments. Charges for services are
based on a contingency fee contract. The company charges a fee of
between 10 and 35 percent of the total asset value for recovery of the
unclaimed asset. The fee is based on the difficulty in locating an
individual, the value of the asset and the complexity of processing
the case. There are no retainers or advanced fees and no fee is owed
if there is no recovery. Also, the company has informed the BBB that
generally the higher the asset value, the lower the contingency fee.?

You may read the complete Better Business Bureau report at the following link:
http://www.dc.bbb.org/report.html?compid=W80001463&national=Y


------------------------------------------------------


Keane has appeared in the media.


Wall Street Journal - October 28, 2003

?An article in the personal finance section of the Wall Street Journal
explains Keane?s role in helping consumers reconnect with their
unclaimed assets and discusses how people in the U.S. lose control of
nearly $3 billion per year.?
http://www.keaneco.com/includes/InMedia/WSJ_20031018.pdf

  

Insurance Advocate ? October 13, 2003

?The cover story features Keane?s president Doug Johnson explaining
the impact insurance company demutualization has on unclaimed property
laws across the country.?
http://www.keaneco.com/includes/InMedia/Insurance%20Advocate-October%2013%202003.pdf



The Flip Side ? July 7, 2003

?Keane's President Doug Johnson appeared on CNNfn's The Flip Side with
Kathleen Hays, discussing the topic of unclaimed property and how
consumers can protect themselves.?

Excerpts from the Flip Side July 07, 2003
http://www.keaneco.com/InMedia.asp?ID=20030707a



CBS Market Watch - July 2, 2003
 
?Plummeting state revenues and burgeoning deficits have led states to
implement new unclaimed property laws that place increased burden on
companies and consumers. About $20 billion in unclaimed property
resides in state coffers nationwide, said Doug Johnson, president of
Keane.?
http://www.keaneco.com/includes/InMedia/CBS%20MarketWatch.pdf



Sunday Times Herald June 8, 2003

?Keane focuses on aggressive expansion to help major corporations
return financial assets to the rightful owners and heirs.?
http://www.keaneco.com/includes/InMedia/Times%20Herald.pdf



CNNfn's Market Call - May 22, 2003

?Keane's President Doug Johnson was a guest on CNNfn's Market Call
with Rhonda Schaffler. Johnson discussed Keane's role in reuniting
over $400 million in unclaimed property with its rightful owner in
2002.?

You may read excerpts from the program here:
http://www.keaneco.com/InMedia.asp?ID=20030522a



The Christian Science Monitor ? April 14, 2003 

?Keane's Doug Johnson explains how over $15 billion in unclaimed
property has accumulated in state coffers and offers tips to consumers
on how to avoid losing assets in the first place.?
http://www.keaneco.com/includes/InMedia/Christian%20Science%20Monitor.pdf



Business Wire - March 28, 2003

?Keane, the leading provider of unclaimed property compliance
solutions to Fortune 1000 corporations, said that more than $15
billion of unclaimed assets currently held by states is the result of
simple investor unawareness and complex corporate circumstances.?

"What we have learned over the years is that people have lost a lot of
money through simple errors," said Doug Johnson, president of Keane.?
http://www.findarticles.com/cf_dls/m0EIN/2003_March_28/99286428/p1/article.jhtml



AARP Bulletin - December 2001 

Debbie Zumoff, executive vice president and compliance officer with
Keane Tracers Service Corporation, a company that assists businesses
in locating the owners of unclaimed corporate securities gives advice
in this article.
National Association of Unclaimed Property Administrators
http://www.unclaimed.org/owner_news/default.asp?visitorType=owner&ID=68



Philadelphia Business Journal ? April 7, 2003

Doug Johnson, president of the Montgomery County firm Keane, oversees
105 employees.

?Corporations have a number of reasons for asking Keane to find the
owners of their dormant accounts. First, they are required by law to
make certain good-faith efforts to get the money home. Second, in the
wake of the financial scandals that have rocked Wall Street, many
companies want to be seen as having gone above and beyond the letter
of the law.?
http://philadelphia.bizjournals.com/philadelphia/stories/2003/04/07/smallb1.html



State treasurer Barbara Hafer says that Keane is a very reputable company. 
ABC News
http://abclocal.go.com/wpvi/news/02252003_sr_foundmoney.html



Keane was one of the exhibitors at the 2002 Annual Operations
Conference held by the Securities Industry Association (SIA)

You may read Keane?s company information at the Securities Industry
Association website:
http://www.sia.com/conf_vendors/vendorLookupOPS02.html?VENDORID=95120821


Keane also participated in 2001
http://www.sia.com/ops2002/html/attending_exhibiting_firms.html



You may read more about Keane at their website.
http://www.gokeane.com/HomeFlash.asp



Frequently Asked Questions about Keane:
http://www.gokeane.com/CmnQuestions.asp



Conclusion:  Keane is a legitimate company

 
 
Search Criteria:
 
Keane ?unclaimed assets? Doug Johnson
Keane Tracers Service
Better Business Bureau
?Doug Johnson? Keane


I hope you find this helpful!  If anything is unclear with my answer,
please ask for clarification.


Best regards,
Bobbie7
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