Brighton Securities Names Jai Ramachandran as New Chief Executive Officer
Published August 26, 2014 8521 Views
Brighton Securities, a local independent financial services firm, announced today that it has appointed Jai Ramachandran as its new Chief Executive Officer. He has also been elected to Brighton Securities' Board of Directors. After a successful tenure leading the organization, Alexandra Conboy, ha...
Tips from the Oracle of Omaha.
Published August 26, 2014 6967 Views
Warren Buffett, otherwise known as the Oracle of Omaha, is one of the richest men in the world and arguably one of the greatest investors of all time. He has built his fortune using a simple, yet, powerful investment strategy; buy quality companies with strong management, and give those companies ti...
Need a Boost of Energy?
Published August 21, 2014 6832 Views
Last week, The Coca-Cola Company ("Coke") decided that it needed a boost of energy. Just six months after acquiring a significant stake in Green Mountain Coffee, Coke has announced that it will pay $2.15 billion for a 17% stake in Monster Beverage Corporation ("Monster"). As a result of this cash pa...
Welcome to Our New CEO
Published August 19, 2014 7205 Views
We use our blog to make public, topics and ideas that we consider important. There is no shortage of financial information available online, but truly reliable information, about topics important to our clients, is not in such great supply. But today, I'll make a departure from our regular blog con...
Welcome Aboard!
Published August 18, 2014 7623 Views
"Change," it's inevitable; we think you would all agree. Things change for countless reasons, but change they do. With that in mind, it is with great pleasure we introduce our new Chief Executive Officer, Jai Ramachandran. Jai joins Brighton Securities from Oppenheimer & Co., where he was a Dire...
Death of Corporate Pensions: So What?
Published August 15, 2014 7250 Views
Xerox and Kodak announced changes in their retirement plans. There's no surprise here that both corporations are freezing any already non-frozen pension plans. Xerox and Kodak are following suit with other corporations in their industries.
Truth be told, Xerox and Kodak are late to the game in thi...
Oil, Gas, & National Economic Development
Published August 12, 2014 6856 Views
I'm willing to bet that if you've picked up a newspaper within the past five years, you are aware of the recent surge in domestic oil production. You may have heard of names such as Bakken Shale, Eagle Ford, and Marcellus Shale; as well as terms such as hydraulic fracturing, horizontal drilling,...
What would you do with $4.2 billion?
Published August 11, 2014 6622 Views
Due to large settlements with major banks and insurance companies, New York State has received an unanticipated cash increase of $4.2 billion. The largest settlement came from French bank, BNP Paribas, which will pay the state $3.6 billion for claims that it filtered money through New York entities...
Long-term Care Planning & Family Dynamics: What does this mean for Women?
Published August 7, 2014 6810 Views
Are women really at a financial disadvantage? Research from the Journal of Women and Aging suggests that, "women are at a financial disadvantage because of fewer years in the workforce, more disruptive life events [such as childrearing] in their work history, and because the likelihood of jobs with...
Scoreboard!
Published August 6, 2014 7003 Views
The former sports anchor in me says that the sale of the Buffalo Bills is still wide open. That Donald Trump and the Bon Jovi/Toronto Group could still outbid Sabres owner Terry Pegula for ownership of the team. After reading the news that Pegula freed up $1.75 billion by selling some of his land, t...