Stop in for free, judgement-free financial advice! Financial Advisors Holly Simeone, CES™ and Lauren Russo, CEPA, FPQP™, CVB, together with Paraplanner Angela Elzner, FPQP™, invite you to invest in your financial health by joining them during Open Office Hours at Berkshire Money Management’s Dalton and Great Barrington, MA, offices this January and February. Open Office Hours are free and open to the community, and no appointment is necessary. Simply drop in during the event to receive one-on-one, professional guidance on topics including budgeting, saving for retirement, leaving a legacy for children and grandchildren, and getting the most from Social Security….
Insights & Advice
Featured Articles
Why your Berkshire Medical Center 403(b) is different | Retirement for healthcare professionals
Nurses and other healthcare professionals in the Berkshires and across the United States find themselves in a unique retirement situation: the 403(b) offered by their employer can be stewarded by the financial management firm of their choosing while they are still working and paying into it. We love helping nursing professionals to build the retirement they deserve. And we like to support them throughout their careers, too, by having their backs during tough times. As financial advisor Lauren Russo, CEPA, FPQP™, CVB, says, “why worry about something that we can help you with?” If you are a healthcare professional…
Reflecting on 2022 at Berkshire Money Management
To Our Family of Clients, Last year felt like it would never end. It wasn’t as bad as 2020, but we still felt the weight of the COVID-19 pandemic. In contrast, 2022 felt like a blur. This was ironic because Berkshire Money Management grew fast in 2021, but we made the strategic decision in 2022 to slow down and absorb that growth. We used the year to strengthen partnerships for the company (bookkeeping, compliance, trading) and clients (college planning, tax avoidance, risk management). And, of course, we took the year to focus on continuing education for familiar faces and training…
Financial Planning Open Office Hours December and January
Are financial questions keeping you up at night? Financial Advisors Holly Simeone, CES™ and Lauren Russo, CEPA, FPQP™, CVB, together with Paraplanner Angela Elzner, FPQP™, invite you to invest in your financial health by joining them during Open Office Hours at Berkshire Money Management’s Dalton and Great Barrington, MA, offices. Open Office Hours are free and open to the community, and no appointment is necessary. Simply drop in during the event to receive one-on-one, professional guidance on topics including budgeting, saving for retirement, leaving a legacy for children and grandchildren, and getting the most from Social Security. Open Office Hours…
8 Ways to Protect Yourself from Fraud and Scams this Holiday Season | Cybersecurity
Bundling up on Black Friday to shop for great deals on TVs, iPods, and holiday gifts while still full of Turkey and stuffing is a thing of the past. While our bellies have remained stuffed, our Black Fridays have changed considerably over the years. The advent of online shopping has made it easier than ever to score great deals and complete your holiday gift list from the comfort of your own home. But with convenience comes new cybersecurity risks including fraud, scams, and identity theft. Keep your holidays filled with cheer by using the following tips to improve your cybersecurity…
Open Office Hours Bring Financial Advice to the Whole Community
Are financial questions keeping you up at night? Financial Advisors Holly Simeone, CES™ and Lauren Russo, CEPA, FPQP™, CVB, together with Paraplanner Angela Elzner, FPQP™, invite you to invest in your financial health by joining them during Open Office Hours at Berkshire Money Management’s Dalton and Great Barrington, MA, offices. Open Office Hours are free and open to the community, and no appointment is necessary. Simply drop in during the event to receive one-on-one, professional guidance on topics including budgeting, saving for retirement, leaving a legacy for children and grandchildren, and getting the most from Social Security. Open Office Hours…
Layoffs ahead? The Fed’s efforts to beat inflation, October 2022
For the Federal Reserve, slowing inflation may mean slashing job growth. Will we trade high inflation for high unemployment? Berkshire Money Management CEO and Founder Allen Harris explores how employment is impacted by interest rates, and why the Federal Reserve might want you to lose your job. TRANSCRIPT: The Federal Reserve is an independent government body. So they’re not supposed to listen to the White House or Congress or House of Representatives. They’re supposed to do whatever they need to, to fulfill their two goals, or mandates. One is stable growth (employment) and the other is to keep…
Recession or Not? Analysis by Allen Harris, October 2022
Is the U.S. economy currently in a recession? The National Bureau of Economic Research isn’t officially calling this a recession, but after two consecutive quarters of declining GDP, Berkshire Money Management Founder and CEO Allen Harris is convinced that what we’ve been experiencing in 2022 is, in fact, a recession. And as the Federal Reserve’s continued efforts to combat inflation begin to create “deep, deep pain,” the recession will only grow in 2023. TRANSCRIPT: Well there’s opinions, there’s facts, there’s data, and there’s anecdotes. So a fact, and I’m not going to get all wonky on this, promise,…
Cybersecurity: How to Protect Yourself from Phishing, Spoofing, and Smishing
Spam emails, texts, and calls – we all get them. The offerings are usually too good to be true: a free cruise, an inheritance from a long-lost aunt, a free iPhone. Who wouldn’t want to be the lucky winner? And that’s exactly what hackers bank on. Scams are effective because they prey upon people’s desires: the desire to win the desire to have more and even the desire to be needed. That’s why hackers will often impersonate people we know, emailing us with an urgent need for us to call them, send them money, or help them with an immediate…
Nate Tomkiewicz: Started as an Intern, Now We’re Here
This special series of blog posts spotlights the individual team members who make Berkshire Money Management great – and a great place to work, too. Today we’re celebrating Financial Advisor Nate Tomkiewicz, CRPC® as he marks six years with the firm. Happy anniversary, Nate! When Nate Tomkiewicz was in 8th or 9th grade, his dad gave him a news clipping from the Berkshire Eagle announcing the hiring of a young financial advisor at Berkshire Money Management. The advisor had attended Berkshire Community College (BCC) and Massachusetts College of Liberal Arts (MCLA), and was an intern for the firm before…