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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Community Walks 'Out of The Darkness' for Suicide Prevention

By Brittany PolitoiBerkshires Staff

Lori Murphy speaks at Saturday's walk about how mental illness and suicide has affected her family.

PITTSFIELD, Mass. — Some 200 people participated in the Berkshire County Out of the Darkness walk for suicide prevention on Saturday. For some, it was a day to honor the life of a loved one and for others, it was a day to acknowledge themselves as survivors.

Walkers began at the Common, made a loop around Silver Lake, and returned back to the park. The walks began nationally in 2004 and has been in the Berkshires since 2015.

Members of the Berkshire Coalition for Suicide Prevention and others shared their stories during the event of how suicide affected them and their families.

The National Suicide Prevention Lifeline is 1-800-273-8255. To contact the Crisis Text Line, text HELLO to 741741.

"We're all here because we have a connection to suicide," said coalition Vice President Bertha Connelley. "We acknowledge all the different connections that bring you here today."

According to data from American Federation for Suicide Prevention, around 46,000 people died by suicide in the United States in 2020. That is 125 per day and one every 11 1/2 minutes.

"We also know that 90 percent of these people had a diagnosable and treatable psychological illness at the time of their death," Connelley added.

"We've gathered here today to raise awareness, decrease the stigma, and support research that will help identify and treat people suffering from mental illnesses with the ultimate goal of continuing to lower these numbers ...

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