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Ted Bridges

Ted Bridges, CEO Bridges Trust

Letter from CEO, Ted Bridges

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I’m very happy to report that on July 31 2017, we closed on our partnership with The McCarthy Group, LLC. As a result, Bridges Investment Management and Bridges Trust Company officially joined forces to create a platform to provide comprehensive, multigenerational trust and wealth management services. We believe that this partnership is important to our clients and our firm for…

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Capital Market Outlook for 2017

CAPITAL MARKETS OUTLOOK FOR 2017

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2016 was marked by significant stock market volatility within the context of rising stock prices during most of the year. The S&P 500 declined 12% during the first six weeks of the year, bottoming at 1829. From there, the index rallied to 2238, a gain of 22% from the bottom, and 10% on the year. The three most important factors…

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Third Quarter Market Update and Outlook

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U.S. equities posted positive returns in the third quarter continuing a strong rally off the mid-February 2016 stock market low. The S&P 500 ended the quarter at 2168, up from 1810 on February 15. The S&P 500 posted a total return of 3.85% during the third quarter and has advanced 20% from the February 11 intra-day low. The S&P 500…

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