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Special Report

Ten minutes a week drives real return on investment

A few years ago, I wrote an article sharing the story of my friend, John Cochrane, CEO of be.group, a senior living and affordable housing organization in California. Be.group serves nearly 4,000 residents across 34 communities and employs 1,200 team ...

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Smaller advisers learn to differentiate themselves

Despite mounting regulatory pressure and inroads made by automated advice platforms, small financial adviser firms in the Rochester area and elsewhere are holding their own. Strategies helping the firms keep larger competitors at bay range from offering high-touch client service ...

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Finessing a fair distribution of the familial assets

John Doyle, president and CEO of Doyle Security Systems Inc., is bucking the trend. He is the fourth generation to run the family business, a longevity that few family-owned businesses achieve. According to the Family Business Alliance, in 2014 only ...

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Comparing index mutual funds and active managers

The index fund recently celebrated its 40th birthday. The Vanguard 500 Index Fund, the very first indexed mutual fund, began on Aug. 31, 1976. That might not seem like such a big deal, but consider that during a typical 10-year ...

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Simulations give medical students realistic training

Whether they are swiping and tapping on tablets or taking a computerized mannequin’s vital signs, Rochester-area medical and nursing students are knee-deep in technology. So are their professors, who generally have warmed up to tech-assisted experiential learning. When embraced holistically, ...

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Collaboration focuses on improving health care

What may not have seemed like the most obvious marriage at first glance—a major regional medical provider and a university specializing in technology—has turned out to be a happy one, say representatives on both sides of the Rochester Institute of ...

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Medical advances lead to individualized care

Chronic lymphocytic leukemia was taking its toll on Gerald Kressman. “All the kids actually came to say goodbye to me, because they thought I was going to die,” the 82-year-old retired construction painter says. After further testing, Kressman’s physician was ...

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Financial aid strategies evolve with growing need

Amid rising enrollment, Rochester-area private schools are taking various paths to continue offering financial aid. Some are drawing on their sizable endowments, while others have stepped up efforts to secure donations and grants. More requests for need-based aid from middle-income ...

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Finding local sites for wind turbines is complicated

The long, spinning blades and tall towers of commercial wind power haven’t risen in Monroe County. “These large wind farms wouldn’t work (here),” says Victor Salerno, CEO of O’Connell Electric Co. Inc., which has worked on about 80 percent of ...

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Sustainable packaging hitting its technical stride

Decades of advances in packaging science have steadily pushed aside plain-vanilla labels and generic boxes. Once an afterthought, packaging is now a window into a company’s soul, revealing its priorities and values. For some businesses, that means using packaging as ...

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Green residential trend is taking root in Rochester

Green construction that was once a largely commercial venture has started to gain attention with homeowners looking for energy savings as well as environmental benefits. According to the National Association of Home Builders, single-family green residential construction has grown dramatically ...

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Demographic data show an increase in diversity

While the number of students attending private primary and secondary schools nationwide is declining, a sampling of local private school demographics reflects consistent if not growing enrollments. There is an overall increase in student diversity at these schools, and there ...

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Playing to their strengths keeps local schools afloat

Catholic schools around Greater Rochester have worked hard in recent years to boost enrollments—or keep them from falling—with some success. “While enrollment declined at rates in the double digits during the early 2000s, the percentage decline has dropped to around ...

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Accounting software can benefit small businesses

When Carl Mancuso started researching for accounting help with his gas station five years ago, he found QuickBooks Online. Today, Mancuso’s latest launch is Fusion SEO, a web design, web development and search engine optimization company—his fourth small business. He ...

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Avoiding conflicts of interest requires diligence

Legal and accounting firms must constantly guard against conflicts of interest. “You never know what’s going to come up,” says Scott Piper, a partner at Harris Beach PLLC. When not appropriately acted upon, a conflict of this kind can produce ...

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