Commonwealth Financial Services
Firm details
- Headquarters
- Parkersburg, West Virginia
- CRD number
- 324930
- Registered since
- March 22, 2023
- Website
- cfswv.com
- Custodians
- CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC
- Fee structure
- Percentage of AUM, Hourly Charges, Fixed Fees
- Client types
- Individuals50.12%
- HNWI47.44%
- Corporations / Businesses1.2%
- Other0.66%
- Pension & Profit Sharing Plans0.45%
- Services
- Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops
Firm profile
FINTRXOverview
Commonwealth Financial Services is an independent SEC-registered investment adviser organized as an LLC and owned by an individual. The firm markets itself to both individual/family and institutional clients and acts as a capital allocator, combining advisory services with insurance brokerage capabilities. Its fee schedules include percentage-of-AUM billing as well as hourly and fixed-fee engagements. Advisory offerings listed in its filings include financial planning, portfolio management for individuals and small businesses as well as for institutions, selection of other advisers, pension consulting, and educational seminars/workshops. The firm does not identify as an active ESG investor. It was included on Citywire’s “50 Growers Across America” list in 2024.
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 Funds74%
- Exchange Traded Equities14%
- Cash & Cash Equivalents5%
- Other3%
- Derivatives2%
Owners & executives
2 of 2
Derek Bailey
Research CoordinatorCRD 7407694
Shanell Jeffrey
COOCRD 5578977
Contacts
3 of 16
Evan Brockmeier
Investment Adviser RepresentativeCRD 7733312
Samuel Cremeans
Associate Financial AdvisorCRD 7744431
Madison Gontarek
Associate, Financial AdvisorCRD 7573436
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 175Active vs passive
$748M in ETFs
69%
$513M
23%
$235M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| SPDR S&P 500 ETF TRUST (SPY) | State Street | Passive | Large Blend | $70.2M | 94,048 | 9.39% |
Location
Parkersburg, WV
Wood
Location
Parkersburg, WV
Headquartered in Parkersburg, WV, anchoring the Parkersburg-Marietta-Vienna, WV-OH metro in the South.
- Metro area
- Parkersburg-Marietta-Vienna, WV-OH
- Region
- South
- County
- Wood
- Address
- 373 Timberline Pkwy
- Time zone
- ET (UTC-5)
- Office locations
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