Mark Durrenberger CFP®, ChFC®, EA
What is the one thing you wish every person knew when making financial decisions?
Having the most money isn’t the goal. Money is just a tool for creating your “full life.” Keeping that in mind helps people feel less guilty about “wasting” money by spending it on things they enjoy – which is really what it’s there for.
What skills or characteristics make you uniquely qualified for this work?
As a math major, I’ve always handled the analytical side of wealth management very well. That, in combination with my genuine care for clients and ability to truly listen are what make me uniquely qualified.
What do you enjoy most about being a part of the BDF team?
The truly collaborative approach taken at BDF is incredible. Financial planning involves so many aspects – investments, taxation, retirement, estate planning, etc. – that no single person can be an expert in all areas. At BDF, you can lean on team members for their expertise while honing your own particular specialty, instead of struggling to keep up with everything on your own.
What’s the most influential book you’ve read and why?
The Seven Habits of Highly Effective People by Stephen Covey changed my outlook on life in many profound ways. The book was recommended to me by a mentor when I first started in financial planning and I come back to read it again every few years. It offers too many insights for me to list them all here, but the biggest lesson for me was focusing on being effective – taking time to do the right things well – over being efficient – doing many things quickly.
What is one thing that we would be surprised to know about you?
For two years I taught high school math. Teaching was a great experience, and runs in my family: my mom recently retired after a long elementary education career. I still see myself as a teacher. It’s simply that rather than teaching teenagers how to find a cosine, I’m teaching clients how to make sound financial decisions to live their full lives.