This Business Is Not BBB Accredited

Venio LLC

Venio LLC

(800) 848-8896

Venio LLC

69 years in business
640 Freedom Business Ctr Dr Ste 600
Ste 600
Kng of Prussa, PA 19406-1351
Fax Numbers
  • (610) 232-0799
Additional Email Addresses
  • thess@keaneup.com
BBB File Opened: 05/01/1981
Business Started: 06/01/1949
Type of Entity
Limited Liability Company (LLC)
Business Management
  • Mr. Michael J. O'Donnell, CEO
  • Mr. Tom Hess, Executive Vice President/CFO
  • Mr. David- OLD McCrystal, Executive Vice President Of Corporate Development
  • Ms. Debbie L. Zumoff, CCL
Business Category
  • Unclaimed Funds Retrieval Services
Additional Information
  • Some complaints have alleged that the assets sought to be recovered were not unclaimed. The company has not charged for these matters and has closed their file. Other complaints have alleged that the company has delayed its service or charged a high ...
  • Some complaints have alleged that the assets sought to be recovered were not unclaimed. The company has not charged for these matters and has closed their file. Other complaints have alleged that the company has delayed its service or charged a high fee. The company has resolved these problems by providing the necessary services or explaining its pricing policies. The BBB generally does not involve itself in price dispute; however, since the price disputes here may have to do with the complexity of an assets retrieval, we have occasionally processed these complaints where warranted.

    The company's services include unclaimed fund compliance, administration and recovery services. The administration services are offered to large financial institutions while the recovery services, which may be endorsed by the financial institutions, are offered primarily to the public. The asset recovery services pertain solely to those unclaimed or dormant assets which have not yet been remitted to state's treasury or revenue departments. Charges for services are based on a contingency fee contract. The company charges a fee of no more than 35 percent of the total asset value for recovery of the unclaimed asset. The fee is based on the difficulty in locating an individual, the value of the asset and the complexity of processing the case. There are no retainers or advanced fees and no fee is owed if there is no recovery. Also, the company has informed the BBB that generally the higher the asset value, the lower the contingency fee.

Alternate Business Names
  • Keane

Overview

This company provides corporate compliance and monitoring to business

BBB Reason for Ratings

BBB rating is based on 13 factors: Get the details about the factors considered.

Based on BBB files, this business has a BBB Rating of No Rating. The reason is as follows:
Complaints against this business are handled by another BBB.

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BBB reports on known significant government actions involving the business's marketplace conduct.
BBB reports on a company that is out of business for one year from the date the company closes its doors or ceases to do business.
BBB reports on unauthorized use of the Better Business Bureau's name and/or logo for as long as the business continues to use it in any advertising, or for one year after the business ceases any repeated unauthorized uses.
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BBB reports when mail sent to the business was returned by the Postal Service.

Venio LLC