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Calamar provides family asset management services

by jmaloni
Thu, Jan 26th 2012 08:10 am

Calamar has announced the appointment of Daniel G. Kantor as vice president of account services for Calamar Capital Services LLC.

Calamar, incorporated in 1990, is a full service real estate organization comprised of construction, development, investment, finance, and now asset management divisions.

Kantor's responsibilities will center on providing a specialized service to heirs of family businesses or estates with which they have little experience or, in some cases, no desire to manage. The new enterprise identified as Calamar Family Asset Management includes a team supported by individuals with many years of operating and owning successful businesses. Calamar Family Asset Management seeks to collaborate with and supplement the expertise of other family professionals such as lawyers and accountants in advising heirs on maximizing those assets and creating a strategic plan for their own futures.

Kantor owned the Restonic Mattress Company, serving Western New York, Pennsylvania and Ohio, until selling the business in 1997. He became executive director of the Jewish Federation of Greater Buffalo Inc. in 2000 and served for 11 years. He currently is the chairman of the board of directors of the national multi-factory Restonic Mattress Manufacturing licensee group and an officer for the National Federation of Just Communities, formerly the NCCJ.

"Calamar has the resources to help families properly manage their assets at a most difficult time," Kantor said of his new position.

Calamar Capital Services President and CEO Luke Pickett elaborated, "Ken Franasiak and Calamar represent the best of family business practices in Western New York. We hope that by now offering these services to others, we can help family operating companies in transition."

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