COMMONWEALTH FINANCIAL SERVICES

RIASEC RegisteredEst. 2023
Total AUM
$995M
Discretionary
$977M
98% of AUM
Avg account
$199K
Accounts
5,003
Employees
26
Advisory reps
18

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

FINTRX

Overview

Commonwealth Financial Services is an independent, individual-owned LLC operating as a registered investment adviser since 2023. The firm serves both individual and family clients as well as institutional accounts, combining financial planning and portfolio management with insurance brokerage capabilities. Its fee arrangements include percentage-of-AUM billing alongside hourly and fixed-fee engagements, and the firm also runs educational seminars and assists clients with selecting other advisers. Commonwealth describes itself as a capital allocator that sources third‑party managers for alternative exposures. The firm is not positioned as an active ESG investor and was included in Citywire’s "50 Growers Across America" list in 2024.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Read the full firm profile in FINTRX →

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 74%, Exchange Traded Equities 14%, Cash & Cash Equivalents 5%, Other 3%, Derivatives 2%, Private Funds 2%, Non-Exchange Traded Equities 1%, US Government Bonds 1%, State & Local Bonds 1%, Investment Grade Corp Bonds 1%74%
  • Public Funds/Mutual Funds74%
  • Exchange Traded Equities14%
  • Cash & Cash Equivalents5%
  • Other3%
  • Derivatives2%

Owners & executives

3 of 3

  • MATTHEW ROTHCHILD

    Chief Compliance OfficerCRD 5143603

  • Derek Bailey

    Research CoordinatorCRD 7407694

  • SHANELL JEFFREY

    COOCRD 5578977

Contacts

3 of 15

  • Evan Brockmeier

    Investment Adviser RepresentativeCRD 7733312

  • Samuel Cremeans

    Associate Financial AdvisorCRD 7744431

  • Madison Gontarek

    Associate, Financial AdvisorCRD 7573436

Unlock 12 more contacts →

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 146

Active vs passive

$634M in ETFs

Passive

59%

$374M

Active

35%

$260M

ETFProviderStyleCategoryValueShares% of portfolio
SPDR S&P 500 ETF TRUST (SPY)State StreetPassiveLarge Blend$50M76,8457.89%
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Location

Primary office

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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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth