Berkshire Money Managemen Adviser Gains Designations

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DALTON, Mass. — Zack Marcotte, a financial adviser on the Berkshire Money Management team, has been awarded the Accredited Investment Fiduciary designation as well as the Accredited Wealth Management Advisor designation. 

The AIF designation signifies specialized knowledge of fiduciary responsibility and the ability to implement policies and procedures that meet a defined standard of care. It is the culmination of a rigorous training program. On an ongoing basis, completion of continuing education and adherence to the Code of Ethics and Conduct Standards are required to maintain the AIF designation. 

The AWMA designation requires completing a course of study encompassing wealth strategies, equity-based compensation plans, tax reduction alternatives, and asset protection alternatives and culminates with a complex exam that encompasses "real life" situations. Designees must renew their designation every two years by completing 16 hours of continuing education.

"The financial world isn't getting any easier for families to navigate," Berkshire Money Management founder and CEO Allen Harris said. "Once upon a time, financial advisors just picked investments and called you once per quarter. People like Zack know that’s old school. Today we find that investors, especially those with more assets, need a suite of services."

A native of the Berkshires,Marcotte began working at BMM while he was still in high school. Over the next decade, he was an integral part of building the firm (literally) from the ground up. He attended MCLA while still working with the seasoned team at BMM and earned his bachelor of business administration. He now serves as a financial adviser specializing in retirement planning.

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Pittsfield Council to Send AG Letter About South St. Cell Tower

By Brittany PolitoiBerkshires Staff

PITTSFIELD, Mass. — The City Council on Tuesday voted to send a letter to Attorney General Maura Healey requesting an investigation on the permitting process for the Verizon cell tower at 877 South St.

Ward 7 Councilor Anthony Maffuccio submitted the petition because he feels the process was flawed from the beginning. It was amended and passed with Ward 3 Councilor Nicholas Caccamo voting in opposition and Councilor at Large Yuki Cohen absent.

Caccamo didn’t believe they should send the letter because there is an ongoing case in the Appeals Court on the cell tower.

The council voted to simplify the petition to ask for an investigation on the permitting process. Originally, it had included language about a "lack of abutter notices and  public participation in a residential  neighborhood affected area during a Global Pandemic."

In August 2020, a Verizon cell tower was constructed in the southeast corner of a South Street property near a residential area. The company received permitting from the Zoning Board of Appeals in 2017.

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