Abandoned Property Advisors, LLC completes the acquisition of Pennsylvania-based Keane UP - premier location services division, Keane Financial, Legal, and National Claimant Services.
This combination of two highly recognized firms offers clients unparalleled expertise in abandoned property
compliance with the state of the art technology and proven methodologies to locate owners, retain relationships,
and simplify compliance with State and SEC regulations.
NAPLES, Florida – December 22, 2020 – Abandoned Property Advisors, LLC today announced it had completed its
acquisition of Keane UP - location services division, Keane Financial, Legal Claimant Services, and National Claimant
Services. This acquisition brings together unmatched expertise and a long-standing commitment to clients with advanced
technology and proven methods to locate owners and comply with state abandoned property and SEC regulations.
"Keane's capabilities to locate owners and facilitate compliance is unmatched, especially after the acquisition of UPRR five
years ago. The company's unique capabilities to locate, protect, and preserve relationships with investors and customers have
stood the test of time," said Carol Irvine, President, and CEO of Abandoned Property Advisors, LLC (APA). "Together, we
look forward to continuing our decades' long commitment to providing the highest quality abandoned property location and
compliance services."
"This acquisition provides APA with unprecedented cutting edge technology and extraordinary operational processing
capabilities," said Bob Irvine, Principle of APA. "The "front-end" Pre-Escheat Location (PEL) service offers companies the
opportunity to mitigate risk relative to abandoned property reporting by significantly reducing the number of remitted
accounts annually. This effort, in conjunction with Keane's back-end in-depth research and outreach capabilities, further
limits liability by locating the more difficult estate related, international, and aged accounts."
Abandoned Property Advisors offers a customized approach to help corporations and financial institutions to ensure
compliance with unclaimed property laws and regulations in the U.S. and Canada. Core to the business philosophy, APA
relies on full disclosure to located owners or heirs. APA principles each have over 35 years' experience in abandoned property
compliance, working with the largest publicly traded corporations, mutual funds, brokerage, bank, insurance, and financial
institutions in the U.S. and Canada. Beginning with the adoption of the 1980 Uniform Unclaimed Property Act and including
subsequent revisions, the promulgation of UP laws in Canada, and the establishment of SEC 17Ad-17, Carol Irvine and Bob
Irvine have been instrumental in advocating for corporations and investors with governing entities.
Joining the APA team will be Gregory C. Kurlander, CFO and CIO, Thomas M. Burns, COO, Pasquale J. Rufolo, General
Counsel, and 42 associates, all seasoned industry veterans.
APA welcomes our new associates and Keane clients and looks forward to enhancing your experience with Abandoned
Property Advisors, LLC.
For more information contact: [email protected]
www.ap-advisors.com
