Commonwealth Financial Network
Firm details
- Headquarters
- Waltham, Massachusetts
- CRD number
- 8032
- Registered since
- June 11, 1992
- Website
- www.commonwealth.com
- Custodians
- NATIONAL FINANCIAL SERVICES LLC
- Fee structure
- Percentage of AUM, Hourly Charges, Fixed Fees, Commissions
- Client types
- HNWI51.11%
- Individuals44.02%
- Corporations / Businesses1.94%
- State / Municipal Government1.5%
- Pension & Profit Sharing Plans0.92%
- Services
- Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersPublication of PeriodicalsEducational Seminars / Workshops
Firm profile
FINTRXOverview
Commonwealth Financial Network is structured as an LLC and operates primarily as an independent broker-dealer that also supports advisory activity. The firm works with individual and family clients as well as institutional relationships, offering a mix of brokerage services and advisory functions. Advisory services reported include comprehensive financial planning, portfolio management for individuals, small businesses and institutions, pension consulting, selection of subadvisers, and educational publications and seminars. Fee arrangements span asset-based fees, hourly and fixed charges, and commission-based business. The firm is identified as an active ESG investor and does not act as a direct capital allocator.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Public Funds/Mutual Funds75%
- Exchange Traded Equities14%
- Cash & Cash Equivalents6%
- Non-Exchange Traded Equities1%
- US Government Bonds1%
Owners & executives
3 of 160
Alexander Bartholomew
Chief Investment OfficerCRD 5730658
Duane Peoples
Founder & CEOCRD 5749804
Ryan Snow
CFOCRD 5762973
Contacts
3 of 3211David Wohl
Compliance AdvisorCRD 5644371
Jason Weszka
PartnerCRD 5645294
Craig Sullivan
Senior PartnerCRD 5652208
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 4,560Active vs passive
$120B in ETFs
68%
$81.5B
26%
$38.7B
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| ISHARES CORE S&P 500 ETF (IVV) | BlackRock | Passive | Large Blend | $2B | 2,667,178 | 1.66% |
Location
Waltham, MA
Middlesex
Location
Waltham, MA
Headquartered in Waltham, MA, anchoring the Boston-Worcester-Providence, MA-RI-NH-CT metro in the Northeast.
- Metro area
- Boston-Worcester-Providence, MA-RI-NH-CT
- Region
- Northeast
- County
- Middlesex
- Address
- 275 Wyman St
- Time zone
- ET (UTC-5)
- Office locations
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