How to Become a Member of the Million Dollar Round Table

Million Dollar Round Table pic
Million Dollar Round Table
Image: mdrt.org

Darcy Bergen is a Phoenix, Arizona-based financial professional who provides advisory services to seniors through the Bergen Financial Group, where he serves as president. Darcy Bergen also holds membership in the Million Dollar Round Table (MDRT), a premier association of financial professionals.

MDRT was established in 1927 and is currently a global association comprising of over 40,000 life insurance and financial services professionals considered to be world leaders. Due to this reputation of excellence, membership to MDRT is a distinction that requires the highest standards in professional knowledge, ethical conduct, and client service.

Requirements for admission vary from country to country. In the United States, there are currently three regular methods of qualification: commission/fee, premium, and income qualification.

In both the commission and premium methods, applicants must reach a minimum amount of eligible commissions/premiums. For commissions, this amount is $93,000, while for premiums the amount to be reached is $186,000. Meanwhile, in order to qualify through the income qualification method, applicants must have at least $160,000 of annual gross income from insurance and financial products, $46,500 of which should have come from new business during the production year.

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Membership Benefits of the Million Dollar Round Table

Million Dollar Round Table pic
Million Dollar Round Table
Image: mdrt.org

A certified retirement financial advisor, Darcy Bergen has served as president of the Peoria, Arizona-based Bergen Financial Group for more than a decade. To remain current in his field, Darcy Bergen maintains membership with the Million Dollar Round Table (MDRT).

For nearly 90 years, MDRT has served the worldwide community of financial services, investment, and life insurance professionals with a wide range of  resources to benefit their businesses. The organization boasts more than 42,000 members from nearly 500 companies across the globe, all of whom enjoy its numerous membership benefits. The following list will cover a few of the resources available to MDRT members throughout the year.

1. Round the Table (RTT) magazine subscription
Since its inception as a four-page publication in 1960, RTT has become MDRT’s official source of tips and business solutions for organization members. Published six times each year, the magazine also provides member profiles, success stories, and market-targeted articles to benefit a wide range of financial professionals.

2. Exclusive meetings
Throughout the year, MDRT holds a number of members-only meetings, such as the MDRT Experience Meeting and Top of the Table Annual Meeting. For those who cannot attend the Annual Meeting, the organization’s website provides “proceedings” that allow members to access detailed information on covered topics.

3. Online professional tools
In MDRT’s members-only section, professionals gain exclusive access to a wide range of podcasts and videos that aid in professional development. This online section also allows members to connect with other financial specialists and build a unique network through which they can acquire and share industry expertise.

Becoming a Certified Retirement Financial Advisor

National Commission for Certifying Agencies pic
National Commission for Certifying Agencies
Image: credentialingexcellence.org

Based in Phoenix, Arizona, Darcy Bergen has worked for more than two decades building a successful career as a financial consultant. As president of Bergen Financial Group, Darcy Bergen maintains accreditation as a certified retirement financial advisor (CRFA).

Recognized by the National Commission for Certifying Agencies, CRFA encompasses a network of financial professionals who specialize in a wide range of retirement services. Prior to receiving designation as a CRFA, however, individuals must complete 24 college-level hours of classes that focus on financial services and practical professional tools. Prospective members must then take the organization’s comprehensive computer-based exam at a local testing center. This 100-question exam assesses six areas of expertise, such as retirement investment concepts, tax issues, and social security programs.

Upon receiving admission as a CRFA, members must pledge to follow the organization’s code of ethics, which ensures that they maintain a high standard of professional principles throughout their work. Additionally, members must renew their certification every year and complete 15 total hours of continuing education courses in retirement and ethics.

The Story Behind the Bergen’s Mission Charity

Bergen’s Mission pic
Bergen’s Mission
Image: bergensmission.com

Darcy Bergen is the managing partner of Bergen Financial Group, a Phoenix-based firm that helps clients with wealth and investment planning. In addition to leading his company, he serves as the treasurer of Bergen’s Mission charity.

Darcy Bergen’s parents, John and Eloise Bergen, are missionary workers with a passion for helping orphans in Kenya. They made headlines in 2008 when their home in Kenya was invaded by a group of nine men with machetes. The attackers maliciously beat the pair, who worked with the Canadian group Hope for the Nations at the time. Despite being bound and beaten, Eloise saved both herself and her husband by getting to a nearby car and driving to the Hope for the Nations complex for help. Fellow missionaries rushed the couple to a hospital for medical assistance. Even though the Bergen’s almost did not survive the ordeal, they continue to work to help people in Kenya.

It is possible to learn more about their perseverance, bravery, and the great work they do by visiting www.bergensmission.com.

A Look at Bergen’s Mission

Bergen’s Mission pic
Bergen’s Mission
Image: bergensmission.com

Darcy Bergen supports Bergen’s Mission, the work of his parents, John and Eloise Bergen, and was inspired by a traumatic ordeal they went through in Kenya. Darcy Bergen and others have drawn inspiration from the Christ-centered message of John and Eloise and from their personal story of suffering and forgiveness.

In 2008, Canadians John and Eloise Bergen were in Kenya working as Christian missionaries among orphans for the group Hope for the Nations. Eloise Bergen was taking a bath at the couple’s home when five intruders entered the bathroom armed with machetes and clubs and assaulted her. Her husband, who was outside the house, was also assaulted by the men.

The attackers left the couple badly injured but still alive, and John and Eloise were forced to leave their house and venture outside seeking help. They were eventually airlifted to Nairobi, where they were initially both in critical condition. They received medical attention for the various injuries they sustained, including multiple fractures and contusions. Their assailants were later arrested, and police learned that the assaults were part of a larger conspiracy that involved the men hired to handle security for the Bergens.

Despite the ordeal, the Bergens both said soon after the attacks that they forgave their attackers. They have continued to do missionary work and tell their story at church meetings and other functions.

Darcy Bergen: Tips for Saving During Retirement

Saving During Retirement pic
Saving During Retirement
Image: mainstreet.com

Darcy Bergen currently operates as the President of Clear Solutions for Seniors. Well aware of the financial hurdles that seniors face today, Darcy Bergen continues to advise and educate on wealth transfer strategies, trusts, and safe money concepts, among other related topics. Some tips for saving during retirement include:

1. Check your cell phone plan and see if you qualify for a free plan, which is available in select states. Also consider removing a landline and just using a mobile phone to save money.

2. If you use Medicare, assistance programs through this organization can help to decrease prescription costs on a monthly basis.

3. Talk to a financial professional to learn how to leverage home equity to your advantage and remain independent.

4. Always take advantage of senior discounts, which are becoming more and more available at stores, centers, and online shops around the country. Many retailers offer deeper discounts on certain days of the week, and it never hurts to ask.

5. Look into decreasing property tax payouts with work-off programs and others specialized packages.

Darcy Bergen: Qualities of a Great Manager

Great Management pic
Great Management
Image: qualitycoaching.com

An expert manager and qualified leader, Darcy Bergen serves as the President of Clear Solutions for Seniors. Darcy Bergen has also worked as a Branch Manager at a financial planning firm and has acted as Manager and Owner of Darcy Bergen & Associates.

Every great manager retains certain qualities that make him or her excellent at what they do. While some individuals excel or grow in a variety of areas, most great managers have certain key qualities in common.

Commitment: Without the drive to move a team forward, many managers would fail from the start. Managers who do well, retain the vision and motivation to progress, regardless of obstacles or challenges.

Small Steps for the Big Picture: Almost any manager can learn the ways of delegation; however, knowing how to break down a major goal into smaller, more manageable steps is the mark of a unique and successful leader. Details can be just as important as the end result, so thinking small while keeping in mind the big picture can be a huge asset.

Staying Grounded: Just because a manager wields authority does not mean that they must act or appear superhuman. Employees value a leader who can be themselves, connect to those around them, and not hide behind a veil of workplace power.