We Provide a Safe Place to Talk About Your Money

Welcome

At Berkshire Money Management, our experienced advisors actively monitor your investment portfolio. We aim to protect your assets and effectively manage your portfolio so that you can realize your financial goals. We also provide financial and retirement planning (including rollovers), financial solutions for college, estate planning, business valuation and other important financial services. Come visit our historic offices in the Berkshires and chat with one of our advisors–and say “Hi” to our pups!

The Extra Mile

Scott C. Little, Vice President, Berkshire Money Management

Scott C. Little, Vice President

Last Thanksgiving, a client emailed me, asking to transfer funds to another account of hers—electronically. But we can’t do that by email. So, I let her know I’d need to call her.

more
Zack Marcotte, Financial Advisor, Berkshire Money Management

Zack Marcotte, Financial Advisor

A client told me he had recently changed jobs and asked if I would roll over his 401(k)—into an existing Roth account. I asked if he knew whether his original 401(k) had been a traditional, or a Roth. Was he sure?

more
Bill Schmick, Managing Director and Portfolio Manager, Berkshire Money Management

Bill Schmick, Managing Director and Portfolio Manager

A family client of mine, led by an 82-year old widow and grandmother, gave me an opportunity to really reach out beyond just business. Over time, I grew to know the family and this lady rather well, and had come to appreciate our conversations.

more

Insights & Advice

Was there really a trade deal?

Last Friday a “phase one” trade agreement between the United States and China was announced with great fanfare. The problem is that nothing was written down, nor were the terms agreed upon. In the end, we only have a gentlemen’s handshake. Will that be enough? With the stock market up by over one percent, President Donald Trump spent most of the that day in front time of the cameras crowing that China had agreed to buy $40-$50 billion worth of food imports from our nation’s farmers. He repeated those numbers over and over, throwing in comments of how famers were…

more

Stocks soar on “skinny” deal

Global markets regained their footing this week, as expected good news on the trade front produced a “relief “rally in equities. Who cared that there was little substance to the deal? Investors decided that even a tiny deal was worth more than no deal at all. As I wrote last week if “Trump believes he needs a ‘win’ to counter the slowing economy and the impeachment inquiry, then even a half-hearted deal might be in the cards. In which case, we could see a 10-15% move higher in the averages.” But before we pop the champagne, I want to see…

more

The brokerage business is not what it used to be

Last week, Charles Schwab, the mega-discount broker, disrupted the brokerage industry yet again by dropping its per-trade commission rates for U.S. and Canadian stocks, exchange traded funds (ETFs), and options for both mobile and internet trades. It was inevitable and simply recognizes what the future holds for that segment of the financial industry. Since Schwab’s announcement on October 1, three additional big brokers—TD Ameritrade, E-Trade and Fidelity Investments—have thrown in the towel leaving only Vanguard (among the big houses) left out of the zero-commission trend. The stock market reacted in shock. Traders hit the sell button on their computers sending…

more

Current News: October 18, 2019 Markets await a Brexit vote

Great Britain’s House of Parliament is voting on yet another proposal to exit the European Union this weekend. While Prime Minister Boris Johnson and the President of the European Union, Jean-Claude Juncker, have a tentative agreement, there is no guarantee parliament will vote for it. In this world of binary events, financial markets are looking at the vote as a black or white outcome. Parliament votes yes and the British pound, world stock markets, and the European Union (EU) celebrates. If, as they have done in the past, the British politicians vote no, then gloom and doom will likely beset...

read more