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Precedent Setting Vanguard Group 2014 Intake Flowed Primarily To Four Funds
The Wall Street Journal followed their front page story on Vanguard’s record $216 Billion 2014 haul with a second article last week saying just over half of that precedent setting intake went to four passive Vanguard funds. Clients flooded the Malvern, Pa., mutual-fund company with $233 billion last year, according to Morningstar. Roughly $129 billion…
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Alain Oliver: A Passionate, Hard Working Leader
Next week at its annual Small Business Dinner, the Chester County Chamber of Business & Industry will for the first time bestow a Nonprofit Organization of the Year award. The inaugural award, established to “recognize exceptional achievements in building the community and enhancing the quality of those in its care; and, therefore, our County,” goes…
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Malvern Luxury Home Building Brothers Keep Growing
Buying stray lots with tough topology, typically at the end of a cul-de-sac in a nice neighborhood, a small friends-of-the-family investment and parents willing to co-sign a loan so he could get financing for his first construction project, was all Todd Pohlig needed in 1974 to launch a custom home construction business that would become…
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CCCBI Hosts Annual Small Business Dinner Next Week
The Chester County Chamber continues with a special tradition in 2015: The Small Business Dinner- A Salute to the Spirit of Free Enterprise. This event is designed to spotlight the very important role that small businesses have in Chester County’s economy. Two awards are being presented: the Small Business of the Year and the Nonprofit…
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Kimberly Brumbaugh: Planning, Caring and Giving
Next week when County business and community leaders gather at the Chamber’s annual salute to small business, they will honor and celebrate the achievements of Kimberly Brumbaugh, Founder and CEO of Exton-based Brumbaugh Wealth Management. Kim Brumbaugh grew up in the Media (Delaware County) area. When she was 14-years old, she took a cashier’s job…
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The Nation’s Top-Ranked Municipal Underwriter Shines in Chester County
Robert W. Baird & Co. was ranked the nation’s No. 1 municipal bond underwriter for 2014, according to IPREO MuniAnalytics. Since 2009, Baird has helped more municipal issuers secure their financial futures than any other firm in the country. This expertise was recently on display in Chester County, where Baird helped manage two significant financings.…
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Wayne Software Company Helps Growers Deliver Fresh Produce
New software developed by Wayne-based Deacom, Inc. is helping a well known California producer of artisanal Mexican cheeses boost sales and keep fresh products on store shelves. Deacom, which built its business on the concept of making complex issues simple, announced in a news release it has recently developed an enterprise resource planning (ERP) software…
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Hulafrog Lists Fun Weekend Kids Activities
Hulafrog, a website spotlighting local things for kids to do, has some awesome weekend children’s activities put on by area businesses and museums. For example, this evening there’s the step by step instruction on creating a masterpiece on canvas at Hop Toad Studio in Chester Springs, an event for children of all ages. Or the…
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Chester County Real Estate Developer Goes Atlantic City
Picking up on a story originally reported by The Press of Atlantic City, Philly.com reported this morning an affiliate of Devon-based Endeavor Property Group plans to buy the long-shuttered 800 room, 75,000-square-foot Atlantic Club Casino Hotel in Atlantic City. Endeavor, with offices on Lancaster Avenue in Devon, describes itself as, “one of the fastest growing…
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Balfour Beatty Sustainability Coordinator Joins National Apartment Association Task Force
Balfour Beatty Communities, the Malvern-based multi-family housing and community developer, announced last week that Hayley King, sustainability coordinator for Balfour Beatty Communities, has joined the National Apartment Association’s (NAA) Operations Task Force Committee. King’s membership on the task force is seen by the company as strengthening the relationship and collaboration between NAA and Balfour Beatty…
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Terence Farrell Elected Chair of Chester County Commissioners
Chester County Commissioner Terence Farrell (R) was elected Chair of the Commissioners during this morning’s first Board of Commissioners Sunshine meeting of 2015. Commissioner Farrell previously served as Commissioners’ Chair in 2009, 2011 and 2012. Commissioner Kathi Cozzone (D) remains Vice Chair of the three member board. Commissioner Cozzone nominated Commissioner Farrell as Chairman and…
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Mark Zandi: Don’t Bet Against The US
Economist and co-founder of West Chester-based Moody’s Economy.com Mark Zandi, a widely cited source of global economic analysis, believes the worst economic news is behind us and 2015 should be even better year for the United States’ economy than was 2014. Zandi’s end-of-year mostly upbeat economic forecast foresees construction spending and wages inching higher and…
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Vanguard’s $216 Billion Inflow Seen As No Confidence Vote For Hedge Funds, Stock Pickers
According to a front page, above the fold report in this morning’s Wall Street Journal, 2014 was an outstanding year, their best ever, for Malvern-based Vanguard Group. Not only did Vanguard pass the $3 trillion dollar Asset Under Management (AUM) marking in September, the mutual fund company took in a whopping $216 billion in new…
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Mars Drinks’ Executive Focuses On Humility, Family And Workplace Drinks
When Xavier Unkovic (above right), global President of West Chester-based Mars Drinks finishes work for the day he stops by the dojo on his way home from work. What is a dojo? A dojo, according to Wikipedia, “is a “formal gathering place for students of any Japanese martial arts including karate, judo, or samurai.” The…
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Jones’ Food Street Journal
Red Star Craft House in the Exton Square Mall By David Jones Exton Mall has a new destination restaurant and it’s worth the trip. Red Star Craft House has opened for business with what they are calling a “soft” opening. This basically means they don’t have the full menu yet and they are still working…
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County Crash and Crash Related Deaths Stats Place County In Grim Top 10 Ranking
While life in Chester County is bucolic for most, traveling on the county’s roads is anything but calm and serene. Turns out Chester County ranks in the top 10 counties in Pennsylvania (out of 67 counties) for car crashes and crash-related deaths. This according to a blog post written by Fred Gunther, CEO of Grand…
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Hulafrog: A Busy Parent’s Go-to Guide For Kids Activities, Events Around Chester County
Alana Moran, local mom and resident of Downingtown, PA, is the local publisher of Hulafrog, a website which aggregates and curates the best family-friendly events and destinations that Chester County and the Delaware Valley have to offer. Hulafrog – West Chester is part of a national network of local web sites all focused on being…
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Chamber’s Member Directory Advertising Deadline Approaching
The deadline to advertise in Chester County Chamber of Business & Industry’s “must have” annual member directory is January 9th. The directory lists over 800 county businesses and serves as an important resource for Chester County professionals each year. The directory serves as a go-to guide for all things Chester County and is used throughout the year by…
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