Daily News

Berkshire Bank Expands Wealth Management Team

PITTSFIELD — Berkshire Bank announced that Thaddeus Welch III has been hired as portfolio research analyst and trader, joining its Wealth Management team.

In this position, Welch will be responsible for managing all trading activities and performing fundamental, economic, and sector research to assist in generating overall investment strategies. In addition, Welch will work with clients to customize their portfolios for appropriate risk-reward allocations and to achieve their long-term goals. His areas of specialization are trading, equity research, and portfolio management. Welch will be working out of Berkshire Wealth Management’s office at 25 Main St. in Lenox.

Prior to Berkshire Bank, Welch worked for Spinnaker Trust in Portland, Maine, where he was a member of the investment committee and helped manage sophisticated portfolios. Welch received his bachelor’s degree in economics from Bowdoin College and is a CFA level II candidate.