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Beach Business: Beginning Oct. 23

October 22nd, 2014

Lumber Liquidators opens new store

With the opening of its newest store, at 1431 West Knox St. in Torrance, Lumber Liquidators has brought its low-cost, no-middleman flooring approach to South Bay homeowners and construction professionals.

Lumber Liquidators is the largest specialty retailer of hardwood flooring and offers more than 340 flooring varieties, including laminate, solid hardwood, engineered hardwood, bamboo, cork, vinyl wood plank and the premier brand of Bellawood Prefinished Hardwood Floors, with a transferable 100-year warranty.

“Our goal is to make sure every Torrance area customer gets a beautiful new floor that’s right for them, and at incredibly low prices,” said Tom Sullivan, founder and chairman of Lumber Liquidators. “We cut out the middleman and deal directly with the mills, and that allows us to pass the savings on to our customers. Plus all of our store associates are flooring experts ready to help.”

The 5,128-square-foot store offers virtually anything a flooring project requires, such as molding and trim, underlayments, grills and vents, adhesives, floor-care accessories and a full line of flooring tools to help do-it-yourselfers and professionals save even more.

Additionally, Torrance’s new Lumber Liquidators location has a variety of floors installed so customers can walk on different styles and types of wood. Shoppers can scan in-store QR codes, take home free flooring samples and consult with Lumber Liquidators flooring experts at every turn to assist with their important flooring decisions. Customers can also use Lumber Liquidators’ online Designer Toolbox, which has various tools to compare floor colors, finishes and prices. They can also view before-and-after photos and visualize how more than 340 different floors will look when theyre installed.

For more information, please visit LumberLiquidators.com.

Hometown hero gives back to El Segundo

When right-handed pitcher Nigel Nootbaar was drafted by the Baltimore Orioles in the 12th round (361st pick overall) on day three of the Major League Baseball First Year Players Draft, he decided to give back to the community. So, until Spring Training begins in March of 2015, Nootbaar has agreed to coach kids with special needs at the Beach City Baseball Academy (BCBA), located at 430 E. Grand Ave. in El Segundo.

“As an El Segundo native who played for El Segundo High School, Ive known about BCBA ever since I started playing baseball when I was 5,” Nootbaar said. “Back then, it was called Total Baseball, but Ive been using the facility my entire life. I remember being in the camps at a young age.”

As Nootbaar got older, he started working as one of the instructors for the same camps that he grew up being a part of.

“Now that I am finished with my first professional season in the Orioles minor league system, Richard Murad, the general manager and his staff of instructors, brought to my attention the Special Needs clinic and asked if Id be willing to help these kids as well. After all that this community has done for me to help get me where I am now, I feel its only right to give back in any way possible.”

As a USC student, Nootbaar was a standout player for the Trojans. He made 43 appearances, striking out 69 batters through 99 complete innings with three saves. He also made 11 career starts. As a sophomore in 2013, he struck out a career-high 12 batters vs. Fresno State.

In 2014, Nootbaar was mostly used out of the bullpen, and finished with a 0-1 record and a 2.81 ERA. He made nine appearances overall, with two starts. He struck out 14 batters through 16 complete innings of work.

Nootbaar is the first Trojan to be drafted by the Orioles since the club took second baseman/outfielder Damon Buford in the 10th round of the 1990 draft.

Trelleborg Sealing Solutions relocates

Trelleborg Sealing Solutions recently moved its US aerospace sales and marketing operations along with its life sciences team to a new larger facility in El Segundo. An inauguration and ribbon cutting ceremony recently took place to commemorate the move.

Trelleborg Sealing Solutions is one of the world’s leading developers, manufacturers and suppliers of precision seals and bearings with more than 20 production facilities and more than 40 marketing companies worldwide. In the US, the new offices will strengthen its network of manufacturing sites, Ramp;D centers and marketing companies. The relocation is a strategic move to leverage the city’s rich history in aerospace, aviation, petroleum and more recently, life sciences and medical devices.

 “As a leading global supplier of engineered solutions, we are excited to be neighbors of so many formidable aerospace and life science companies,” said Peter Hahn, President of Trelleborg Sealing Solutions Marketing Americas. “Both of these industries continue to be high growth market segments for us. We look forward to continuing the momentum and leveraging our global presence, but delivering a local reach. Bringing together all of our life sciences experts under one roof, including pharmaceutical, medical device, biotechnology and patient care fields, will further enhance the company’s unique shoulder-to-shoulder engineering and design approach. It will also enable our customers to leverage a total value of ownership.”

Xceed financial celebrates 50 years

This is a celebratory year for Xceed Financial Credit Union since the company opened its doors 50 years ago as a credit union for the employees of Scientific Data Systems, which was later acquired by the Xerox Corporation. To acknowledge its members’ role in reaching this milestone, the Credit Union will host member appreciation events at Financial Centers across the country during its October anniversary month.

Xceed Financial kicked off a year-long series of celebratory activities earlier this year, beginning with a 50th Day of the Year event in Financial Centers on Feb. 19. Carrying the theme into its promotional products, Xceed Financial launched a special 50-month term auto loan at a rate as low as 1.29 percent APR in April, and a 50 percent APR reduction on all personal loans, consolidation loans and personal lines of credit opened during May 2014. The Credit Union is also encouraging members and associates to donate their time in honor of its anniversary–for each volunteer project an Xceed Financial member or associate completes in 2014, the Credit Union will donate $50 to Children’s Miracle Network Hospitals.

In addition, Xceed Financial is sharing a series of “50 Ways to Save” personal finance tips in weekly email newsletters to members and via social media, and collecting stories from long-time Xceed Financial members to publish on its website, in promotional materials, and in a commemorative anniversary book.

We couldn’t have reached this significant milestone without the unwavering support of many thousands of members over the years, so planning our celebrations around member appreciation and charitable giving made perfect sense,” said Teresa Freeborn, president and chief executive for Xceed Financial. “As we look back on 50 years of helping members reach their financial goals, we’re humbled by the trust they place in us and excited about helping to make many more dreams come true in the years to come.”

El Segundo Chamber networking

Join the El Segundo Chamber for its lunchtime networking,Lets Do Lunch! at Deluca Trattoria on Richmond Street in downtown El Segundo.

For $25, the event features lunch, an opportunity to share information about your business, a raffle drawing, a spotlight speaker, a business-card drawing and networking.

RSVP to the chamber at (310) 322-1220. Participation is reserved to the first 25 people making their reservation.

AltX Adds Conifer Financial Services to its New On-Line Network For Hedge …

October 21st, 2014

SAN FRANCISCO, Oct. 21, 2014 /PRNewswire/ — Conifer Financial Services is the latest addition to AltXs expanding partner list, Conifer President and CEO Jack McDonald and AltX Co-founder Sam Hocking announced jointly today.

Launched successfully over the summer, AltX is the only cloud-based data analytic network to combine sophisticated financial analytics with behavioral dimensions. These innovations help investors and funds discover one another, by creating new ways to view and evaluate investment opportunities and gather better insights. 

Conifer, a leading independent asset services firm, has over 200 clients worldwide, representing more than $100B in combined assets under administration (AUA). Their success derives from the firms broad experience offering front-to-back capabilities across all asset classes for hedge funds, pensions, endowments, foundations, funds-of-funds, family offices, private equity and venture capital.

Mr. McDonald believes his firm and its clients will benefit from the AltX platform.  The combination of Big Data, intelligent analytics and intuitive search creates a more efficient discovery and capital allocation process. We particularly value products that save our clients time and money. AltXs layer of behavioral science and its broad market views intrigue McDonald, because he recognizes that better understanding investor expectations and biases can help funds establish more satisfying investment relationships. 

Mr. Hocking is equally enthusiastic about his brainchild. AltX is designed in such a way that it provides value each time a subscriber uses it.  The science and technology that powers our product remembers your previous searches and interests and provides you with relevant, timely information each time you get on the platform. Were proud of AltX, and of our innovative, entrepreneurial approach to this business, and were pleased Conifer is a new partner.

For more information about AltX, go to www.getaltx.com

For more information about Conifer Financial Services, go to www.conifer.com

About iMATCHATIVE  

iMATCHATIVE is a San Francisco based company that uses science and technology to drive better decisions and to transform businesses. The company specializes in superior data aggregation and analysis, behavioral psychology and algorithms. AltX is iMATCHATIVEs first product.

About Conifer Financial Services

Conifer Financial Services is a leading independent asset services firm offering front to back capabilities across all asset classes to pensions, endowments, family offices, hedge funds, private equity and venture capital managers, RIAs, and traditional asset managers.  Services include Fund Administration, Middle and Back Office Services, Execution Services and Prime Brokerage. Conifer Financial Services has over 200 clients worldwide representing more than $100 billion of combined assets under administration (AUA).

FOR FURTHER INFORMATION

For AltX MEDIA inquiries, please contact:
Pam van der Lee
Pvanderlee@iMATCHATIVE.com
917.882.3186


For media inquiries about Conifer, please contact:
Sarah Huntington
shuntington@conifer.com  
212-676-5617  
conifer.com



To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/altx-adds-conifer-financial-services-to-its-new-on-line-network-for-hedge-funds-and-institutional-investors-573716145.html

SOURCE Conifer Financial Services, LLC; AltX

Hiring surges at Carmel financial-services firm

October 21st, 2014

A Carmel-based firm that serves the financial sector is looking to fill 60 jobs this year and potentially more next year as the firm extends a growth streak.

Officials at Allied Solutions LLC said 50 of the new jobs this year will come in Carmel, and it plans to build out another floor of its namesake office building at 1320 City Center Drive to accommodate the hires. The company employs about 916, including 400 in Carmel, and its seen its work force double since 2010.

Allied is investing $850,000 on improvements for 21,000 square feet in Carmel. Officials said no economic development incentives are attached to the hiring.

Our growth has primarily been fueled by our brand recognition, President Pete Hilger said of Allied, which serves about 4,000 banks and credit unions across the country.

OTC Markets Group Welcomes Franklin Financial Services Corporation to …

October 20th, 2014

OTC Markets Group Welcomes Franklin Financial Services Corporation to OTCQX®

October 20, 2014: 07:00 AM ET

NEW YORK, Oct. 20, 2014 /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced Franklin Financial Services Corporation (OTCQX: FRAF), the registered bank holding company for Farmers and Merchants Trust Company of Chambersburg (F&M Trust), has qualified to trade on OTCQX®, the best marketplace.

Logo – http://photos.prnewswire.com/prnh/20110118/MM31963LOGO

Franklin Financial Services Corporation begins trading today on OTCQX under the symbol “FRAF.”  U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

“We are thrilled to welcome Franklin Financial Services Corporation to the OTCQX marketplace,” said R. Cromwell Coulson, President and CEO of OTC Markets Group.  “Franklin Financial Services joins the growing family of U.S. community and regional banks that have chosen OTCQX to provide their shareholders transparent trading and convenient access to their news and financial disclosure.”

Monroe Financial Partners Inc. serves as Franklin Financial Services Corporation’s Corporate Broker on OTCQX.

Franklin Financial is the largest independent, locally owned and operated bank holding company headquartered in Franklin County with assets of more than $1 billion.  Its wholly-owned subsidiary, F&M Trust, is a commercial bank operating in south Central Pennsylvania with twenty-five community banking offices located in Boiling Springs, Camp Hill, Carlisle, Chambersburg, Greencastle, Hustontown, McConnellsburg, Mechanicsburg, Mont Alto, Marion, Newville, Orbisonia, Shippensburg, St. Thomas, Warfordsburg, and Waynesboro. F&M Trust engages in general commercial and retail banking, as well as investment and trust services.

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities.  Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities.  We organize these securities into marketplaces to better inform investors of opportunities and risks – OTCQX®, The Best Marketplace; OTCQB®, The Venture Marketplace; and OTC Pink®, The Open Marketplace.  Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors.  To learn more about how we create better informed and more efficient financial marketplaces, visit www.otcmarkets.com.

OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.

Subscribe to the OTC Markets RSS Feed

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/otc-markets-group-welcomes-franklin-financial-services-corporation-to-otcqx-684664837.html

SOURCE OTC Markets Group Inc.

 

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loans in milwaukee for people with bad credit

October 19th, 2014

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