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Pioneer Bank Acquires Employee Benefits Group And HR Consultants Jaeger & Flynn

Posted onJune 7, 2019June 7, 2019

Pioneer Bank plans to acquire Jaeger & Flynn Associates, an employee benefits brokerage, insurance, third-party administrative services, and human resources consultant which has offices in Saratoga Springs, Clifton Park and Glens Falls.

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New Co-Working Space, Palette Cafe, Also Offers Coffee, Baked Goods And Other Snacks

Posted onJune 7, 2019June 7, 2019
Catherine Hover recently opened the Palette Cafe, at 493 Broadway in Saratoga Springs. It features a co-working space, but also a variety of food and beverage offerings.
©2019 Saratoga Photographer.com

by Andrea Palmer
Catherine Hover, owner of Saratoga Paint & Sip, has opened a new cafe and shared workspace in the heart of downtown Saratoga Springs.
The Palette Cafe, at 493 Broadway, features co-working space. It serves kru coffee, alcohol beverages, snacks, desserts, meat and cheese plates and the New Orleans specialty doberge cake. The cafe carries specialty doughnuts by Darling Doughnuts.

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U.S. Small Business Association Gives Award To Berkshire Bank At Annual Lenders Meeting

Posted onJune 7, 2019June 7, 2019

The U.S. Small Business Administration’s Office of International Trade has honored Berkshire Bank for its entrepreneurial approach, customer relations and distinctive culture.
44 Business Capital, a division of Berkshire Bank, as named as the 2019 SBA Export Lenders of the Year at the 12th annual SBA Export Lenders’ Roundtable. During the event, both lenders were recognized for their efforts to increase access to capital for U.S. companies providing international trade financing to small businesses.

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Business Briefs

Posted onJune 7, 2019June 7, 2019

Discover Saratoga was recognized as Meeting Professionals International (MPI) Upstate NY’s partner of the year during a gala in April 4 at River Stone Manor. The accolade is presented to a chapter member who has consistently contributed time and experience to upstate New York’s meeting industry.

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Jim Malatras Named President Of Empire State College By SUNY Board Of Trustees

Posted onJune 7, 2019June 7, 2019

Jim Malatras, the current president of the Rockefeller Institute of Government, was named president of Empire State College by the SUNY

Jim Malatras will be the new Empire State College president, effective July 15.
Courtesy Empire State College

Board of Trustees.
His appointment is effective July 15.
“Dr. Malatras has dedicated his career to serving the state of New York, and he has a keen focus on public education as a path to ensure social mobility for our citizens,” said SUNY Chairman H. Carl McCall.
“Empire State College offers a highly individualized education and in doing so it provides a unique opportunity for a campus president,” said SUNY Chancellor Kristina M. Johnson. “We are confident in Dr. Malatras’s abilities to move the campus forward in its mission to provide a high-quality academic experience.”

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Business Report: Building A Retirement Plan: A Framework

Posted onJune 7, 2019June 7, 2019
David L. Cumming, senior vice president and financial advisor at Morgan Stanley.

By David L. Cumming
In the years approaching retirement, you should be thinking about whether your current plan puts you in the best position to achieve the lifestyle you envision for your golden years. For many people, the years leading into retirement are a time of not only eager anticipation, but also serious contemplation about what must be done to achieve their goals.
There are five key factors to consider when planning your retirement strategy.

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Business Report: Tools Great For Father’s Day And Investors

Posted onJune 7, 2019June 7, 2019
Rob Snell is a financial advisor with Edward Jones Financial in Saratoga Springs.

BY Rob Snell
If you’re a dad, you may well be pleased to unwrap some tools as Father’s Day gifts. Of course, it might be a stereotype that all men are handy at repairs; women certainly can be every bit as good when it comes to building and fixing things.
In fact, the construction process is valuable for anyone to learn – and the same skills that go in to creating and mending physical objects also can be applied to financial projects – such as working toward a comfortable retirement.
Here are a few of those skills:
Diagnosing the challenge.

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Business Report: The Right Health Insurance For Your Needs

Posted onJune 7, 2019June 7, 2019
Stephen Kyne, CFP, partner at Sterling Manor Financial in Saratoga Springs.

By Stephen Kyne, CFP
Life insurance can be an important part of your financial plan, but do you know what kind of insurance is right for your needs? Insurance comes in many forms, and many people have the wrong type of insurance, and aren’t insuring their need in an efficient way. That means they may be needlessly overspending.

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Two Local Businesses Get Excellence Awards From SBA For Innovation and Growth

Posted onJune 7, 2019June 7, 2019
Casey Gunning of The Smile Lodge, second from left, gets an SBA award. Others from left are James Conroy of NYBDC; Billie Taft, Saratoga National Bank and Trust; and SBA’s Bernard J. Paprocki.
Courtesy U.S. Small Business Administration

Two local small business were recognized during National Small Business Week in May at the U.S. Small Business Administration’s 21st Annual Small Business Excellence Awards luncheon in Albany.
Small businesses are selected for the Excellence Awards based on their company’s longevity, innovation, sales growth, increased employment, ability to overcome adversity or community contributions.

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Building Trades Industry Is Working To Combat Shortages In The Labor Pool

Posted onJune 7, 2019June 7, 2019
Officials in the building trades field say a shortage of skilled laborers still exists.

by Andrea Palmer
People in the building trades and conctruction industry continue to say there is a shortage of skilled labor.
Kevin Maynard, owner of Kevin Maynard Construction in Fort Ann, said older skilled workers are aging out of the industry and there are not enough younger workers to replace them.

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