Bridges Investment is celebrating its 50th birthday with slightly stoic view of the markets, according to Omaha.com.

“It would not surprise us if we had a mild correction,” Ted Bridges, president of Bridges Investment Fund, formed by his father in 1963 is cited declaring in the article.

The $83 million AUM firm has been a family business all this time.

Omaha.com outlines the firm's history in this way:

Bridges has been on the Omaha investment scene since 1946. Edson Bridges' father, Marvin Bridges, started his investment business in Boston in 1945 after attending Harvard University's graduate business school. A lot of his clients were Omaha natives, and Bridges moved the company to Nebraska's largest city in 1946. In 1959, Edson joined the company; he, too, had a master's degree in business administration from Harvard. Ted Bridges joined in the 1980s after graduating from Westside High, from Dartmouth College with an economics degree and from the University of Nebraska College of Law.

Read more on the firm, the family and their views on the market in Omaha.com. 

Edited by: Tommy Fernandez


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