Hail to the Chief
Published January 12, 2012 6911 Views
Brennan Redmond has many titles. He is a Financial Advisor, a CFA, and a (newly-promoted) Vice President. Today he added one more: President.
After serving as its Treasurer, Brennan was elected President of the Brighton Chamber of Commerce today.
He's just the kind of guy we like here at Brigh...
The "Fed"
Published January 12, 2012 6945 Views
I had the pleasure of attending the Simon School's Annual Economic Seminar yesterday. I enjoyed Federal Reserve Bank of Philadelphia President Charles Plosser's thoughts and perspective. Mr. Plosser gave a fairly subdued yet constructive outlook on the nation's economy. He believed the U.S. would no...
Call Us on Our Meeting Conference Line
Published January 12, 2012 6857 Views
Due to the great interest in our Kodak Q&A meetings being held this week, we have set up a conference phone line to allow those who are unable to attend in person to ask questions and to listen in on the live meetings.
The phone line will be open from 5:30pm to 6:30pm on Thursday, January 12th an...
Tis the season!
Published January 10, 2012 6755 Views
My favorite season is about to kick off...tax season. This year we do not have many major changes in the tax law. Here is a brief summary of some changes to expect:
Overall, many of the dollar thresholds were adjusted upward for cost of living increases. This includes tax brackets, standard dedu...
Bankruptcy at Kodak? Brighton Securities is Taking Questions.
Published January 6, 2012 7383 Views
The general consensus and our opinion: Kodak is not doing very well.As long time residents of our fair city, we are sad to see what was such an innovative and influential company take such a bad downturn. However, we can't spend too much time in lamentation - we have work to do. It is at difficult t...
Short Squeeze
Published January 5, 2012 7011 Views
There has been a lot of buzz about the recent news of Kodak preparing for bankruptcy. A few of my friends and colleagues have asked me if I thought it might pop back up as the result of an overreaction to its recent fall. As far as Kodak is concerned, I have no idea and I'm not willing to bet on it....
You're Invited: Open Forum Tonight on Kodak Bankruptcy
Published January 5, 2012 6808 Views
WHAT: Today Brighton Securities representatives will host a meeting on Kodak's bankruptcy and what it means for Kodak retirees and SIP (Savings and Investment Plan) members
Free and open to the public, we welcome you to attend and ask questions. If you cannot make the 4:30 pm meeting are enc...
Working Overtime
Published January 5, 2012 6878 Views
The office continues to buzz today as we take calls from the media and from concerned Kodak retirees. If you've been reading this blog, Kodak's possible bankruptcy isn't surprising, but there are still questions to be answered, and we're ready to take yours.
Our advisors are meeting yesterday and...
Self-Improvement Gets a Head Start in 2012
Published January 4, 2012 6673 Views
With the new year barely begun, at least one member of the Brighton Securities team has crossed an item off her resolutions list. Myra Schroeder, an administrative assistant in our Batavia, NY office passed the FINRA Series 11 Exam yesterday, making her our newest registered assistant!
With her n...
Don't Tell Esopus
Published January 4, 2012 6780 Views
Little Esopus, NY is a town of 9,500 on the Hudson River about 60 miles south of Albany. A handful of years ago, Esopus planned some public works and issued a municipal bond to pay for it. The town borrowed $170,000 and has been paying 4.5% interest, by all accounts with little difficulty, as the ra...