Hi, I'm Brian.
I've been providing financial planning and investment advice for over 15 years. I received my B.A. in Economics and Political Science from Pacific Lutheran University in 1998. After graduation I worked at PlanMember Services, a 401(k) recordkeeper based in Seattle, where I managed the Trust Department. Later I joined my father at Harbour Investment Management, an SEC Registered Investment Advisor in Everett, WA. There I was responsible for managing over $200 million in client assets for high-net worth individuals. In 2008 I sold my interest in the firm, moved to South Dakota (where my wife has roots), and took a couple of years off to stay at home with my kids.
I founded Birch Investment Management in 2011. Initially I started it because I saw South Dakotans were lacking options for independent investment advice. To my knowledge the Brookings area didn't have any Registered Investment Advisors (RIAs). RIAs are legally obligated to act in the clients' best interest by being a fiduciary. RIAs are fee-only advisors and collect no commissions for sales. I've been a part of the fee-only world since 2001 and appreciate that it focuses on relationships rather than transactions.
While I initially started focusing on investment management to the Brookings area I've expanded to include financial planning solutions and have begun serving clients virtually across the country.
Brian Berkenhoff is a CFA® charterholder and a member of the CFA Institute.
No credential is as widely regarded in the global financial industry for its rigorous focus on current investment knowledge, analytical skill, and ethical standards as the Chartered Financial Analyst designation. With more than 100,000 CFA charterholders in over 135 countries and territories and an increasing demand worldwide for the CFA Program, the charter has become the global professional investment credential.
Search the member directory of the CFA Institute. As of October 31st, 2020 there were 56 CFA Charterholders in South Dakota. Only four are listed as financial advisors.
To learn more about the value of the designation please download Why Hire a CFA Charterholder to Manage Your Wealth.
My wife Nichole is a Brookings native. She works for EuroFins AgroScience.
Our daughter Sophia, 15, is a sophomore at Brookings High School. She's working two jobs after school and has acquired my sarcasm.
Our daughter Madelyn, 14, is an 8th grader at Mickelson Middle School. She's a fitness fanatic and got her mother's independence.
Our son Emmett, 8, is a 2nd grader at Dakota Prairie Elementary. He loves playing Minecraft and we don't know where he got his energy from.
We've got a beagle named Daisy. She's 13 and her passion remains consuming her body weight in food each day.
We've got a boxer named Star-Lord. He's 1 and our kids got the naming rights.
I've had four holes-in-one.
I've been a vegetarian since 2008.
I've experienced two major earthquakes.
I used to hate flying but now love to travel.
I'm terribly afraid of heights - separate from my fear of flying.