Commonwealth Financial Network

Commonwealth Financial Network is a privately held independent broker-dealer and registered investment adviser (RIA) founded in 1979 and headquartered in Waltham, Massachusetts. The company supports approximately 1,950 independent financial advisors and planners, providing them with essential operational support, including compliance, technology, marketing, and practice management. Commonwealth emphasizes a culture of independence and quality, allowing advisors to focus on their clients without external shareholder pressures. The firm offers a wide range of investment strategies tailored to various client profiles, including fee-based advisory and brokerage services. Commonwealth was an early adopter of fee-based asset management and has a strong commitment to helping advisors grow their businesses through practice management assistance. With around 1,100 employees, Commonwealth oversees approximately $250 billion in assets under management and generates about $2 billion in annual revenue. The company is recognized for its strong compliance record and has received multiple industry awards for its commitment to advisor success and client service.