COMMONWEALTH INVESTMENT MANAGEMENT

RIASEC RegisteredEst. 1994
Total AUM
$1.3B
Discretionary
$1.2B
97% of AUM
Avg account
$20.2M
Accounts
63
Employees
7
Advisory reps
3

Firm details

Headquarters
PITTSBURGH, Pennsylvania
CRD number
106292
Registered since
July 28, 1994
Custodians
PNC INVESTMENTS LLC, THE BANK OF NEW YORK MELLON
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • State / Municipal Government60.42%
  • Pension & Profit Sharing Plans28.15%
  • Insurance Companies8.91%
  • Other Investment Advisers2.51%
Services
Portfolio Management for Institutional ClientsPension ConsultingPublication of Periodicals

Firm profile

FINTRX

Overview

Commonwealth Investment Management is a privately owned corporation that has been SEC-registered since 1994 and focuses on institutional clients. Its fee arrangements include percentage-of-AUM schedules as well as hourly and fixed fees. The firm is registered as a municipal advisor and lists advisory services that center on portfolio management for businesses and institutions, pension consulting, and the publication of periodic investment newsletters. The firm is not identified as an active ESG investor and is not registered as a multi-state adviser.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: US Government Bonds 38%, Exchange Traded Equities 35%, Investment Grade Corp Bonds 21%, State & Local Bonds 4%, Sovereign Bonds 1%, Cash & Cash Equivalents 1%38%
  • US Government Bonds38%
  • Exchange Traded Equities35%
  • Investment Grade Corp Bonds21%
  • State & Local Bonds4%
  • Sovereign Bonds1%

Owners & executives

1 of 1
  • ANTOINE SMALLS

    SVP, Chief Compliance OfficerCRD 4519800

Contacts

2 of 2
  • JUSTIN SALAMONE

    Vice PresidentCRD 5775960

  • ANDREW FISHER

    PresidentCRD 2594175

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 10

Active vs passive

$135M in ETFs

Passive

100%

$135M

Active

0%

$0

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES CORE S&P 500 ETF (IVV)BlackRockPassiveLarge Blend$81.4M124,65060.25%

Location

Primary office

PITTSBURGH, PA

ALLEGHENY

Location

PITTSBURGH, PA

Headquartered in PITTSBURGH, PA, anchoring the Pittsburgh-New Castle-Weirton, PA-OH-WV metro in the Northeast.

Metro area
Pittsburgh-New Castle-Weirton, PA-OH-WV
Region
Northeast
County
ALLEGHENY
Address
Koppers 7 Ave
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth