ACEF Board Member Bryan Stepanian Recognized Among Connecticut’s Top Wealth Mangers

ACEF Board Member Bryan Stepanian Recognized Among Connecticut’s Top Wealth Mangers

Please join us in congratulating ACEF Board Member Bryan Stepanian, Managing Director at Alex. Brown, a Division of Raymond James, for being recognized among the top wealth managers in Connecticut in the sixth annual Forbes/ SHOOK Research Best-in-State Wealth Advisors ranking. Stepanian is a valued member of ACEF’s leadership team. We are grateful for the experience, financial expertise and commitment…

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ACEF Board Member Marie A. Vanerian Named Top Wealth Manager in Michigan

ACEF Board Member Marie A. Vanerian Named Top Wealth Manager in Michigan

Congratulations to ACEF Board Member Marie A. Vanerian, Merrill Lynch Managing Director – Wealth Management, for being recognized among the top wealth managers in Michigan in the sixth annual Forbes / SHOOK Research 2024 Best-in-State Top Women Wealth Advisors category. Marie is a valued member of ACEF’s leadership team, where her financial expertise and dedication help build a financial foundation…

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ACEF PARTNER SPOTLIGHT: Fund for Armenian Relief

ACEF PARTNER SPOTLIGHT: Fund for Armenian Relief

With income distributions generated by its various endowments invested in the ACEF, the Fund for Armenian Relief (FAR) has been able to underwrite the costs of improving the quality of life of children in need and strengthening family units. Whether it’s providing critical medical care, sourcing a loving foster home or offering emotional/psychological support for parents and their children, FAR’s…

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2022 Year in Review: ACEF Distributes a Record $6 million

2022 Year in Review: ACEF Distributes a Record $6 million

2022 was a volatile year for the capital markets, which reacted to fears of a looming recession, the Federal Reserve’s efforts to tame inflation and the war in Ukraine, among other things. The Armenian Church Endowment Fund (ACEF) finished 2022 with a portfolio valued at $139.6 million, which represented an 11.8% decrease from $157.5 million at the end of 2021.…

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ACEF Board Welcomes New Board Members

ACEF Board Welcomes New Board Members

Robert E. Cannuscio rejoined ACEF after a one year hiatus due to term limits. Rob had previously served as a Board Member from 2013–2021. He is a partner at the law firm of Faegre Drinker Biddle & Reath, where he specializes in Intellectual Property Law. Rob is a member of St. Sahag & St. Mesrob Church in Wynnewood, PA. Gregory…

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50 Years of Investing as a Community for the Armenian Church

50 Years of Investing as a Community for the Armenian Church

Fifty years ago, a group of forwardthinking leaders of the Armenian American community recognizedthe need to build a solid financial foundation for the Armenian Church that would fund its financial needsin perpetuity. These visionaries—Haig Kavookjian, Dadour Dadourian, Edward Mardigian, Harry Tatosian,Dickran Missirlian, George Bashian, Suren Fesjian, Gould Kardashian and Barry Zorthian—laid the groundwork by investing the money that remained from…

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ACEF LAUNCHES NEW SOCIAL MEDIA CHANNELS

Facebook and LinkedIn Platforms Encourage Community Participation With Fund At a time when current global challenges have affected gifts and donations to the parishes of the Armenian Church, social media provides the ability to directly reach current benefactors, as well as future donors. For this reason, ACEF is very excited to announce the creation of its own social media channels…

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