Non-Profits, Foundations & Endowments

Berkshire Bank's Wealth Management Group is uniquely positioned to provide comprehensive investment and fiduciary services for Non-Profits, all while delivering the personal attention you’d expect from a community bank. At Berkshire Bank, your organization’s assets are strategically invested to build upon its success and enhance its continued legacy.

Services for Non-Profits
Our team has the investment, legal, and fiduciary expertise to assist non-profits with their responsibilities and standards of care for their institutional funds, including:

  • Assistance developing an investment policy
  • Investment of funds within the guidelines of the Investment Policy
  • Regular meetings with board or committee members to review institution’s account(s), general economic conditions, possible effects of inflation or deflation, and the historical and expected total return
  • Assistance developing a plan to distribute from the account, if necessary
  • Competitive fees that are discounted for non-profits

Our robust trust accounting system also facilitates:

  • Separation of principal and income, if necessary
  • Statements and/or customized reports on a regular, and
    as needed, basis

And we adhere to strong agency-based oversight and regular audits, which necessitates best in class inhouse record retention of all transactions, interactions, documents, etc., that are all readily accessible.

Our Investment Management TeamGives Your Organization Access To:

  • Highly skilled and experienced investment professionals
  • A proactive, collaborative approach to portfolio
    development
  • Asset Allocation/Optimized investment portfolios
  • Proprietary investment process created and monitored
    by the Berkshire Bank Wealth Management Team

Comprehensive portfolio management and investment strategies, including:

  • Socially Responsible Investment portfolios for organizations seeking to align their mission with their investments
  • Certificate of Deposit laddered portfolios which provide FDIC insurance
  • Balanced portfolios investing in diversified, global equities and fixed income securities
While Our Holistic Approach Also Incorporates Broader Financial Planning, including:
 
  • Dedicated CERTIFIED FINANCIAL PLANNERS™
  • Electronic data collection/consolidation capabilities
  • Strategic preparation for financial events
  • Qualitative review of asset allocation, insurance products, and other financial documents
  • Analysis and evaluation of finances, financial statements and cash flow
  • Objective expert recommendations for financial guidance

Alongside our comprehensive wealth management solutions, you’ll enjoy a superior level of client services at Berkshire Bank, including:

  • Strong team approach with designated personal Portfolio Manager and Wealth Advisor
  • Regularly scheduled meetings to discuss administrative and investment services, and to review your investment performance
  • Comprehensive cash flow planning and bill payment services
  • Liaison services with all your banking partners
NOT FDIC INSURED ARE NOT GUARANTEED MAY LOSE VALUE
ARE NOT DEPOSITS ARE NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY ARE NOT A CONDITION TO ANY BANKING SERVICE OR ACTIVITY

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