COMMONWEALTH RETIREMENT INVESTMENTS LLC

RIASEC RegisteredEst. 2017

Total AUM

$377M

Discretionary

$377M

100% of AUM

Avg account

$377K

Accounts

1,001

Employees

Advisory reps

Firm details

Headquarters: RICHMOND, Virginia
CRD number: 285998
Registered since: January 3, 2017
Website: cwealthra.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Fixed Fees
Client types: HNWI80.09%
Individuals19.89%
Charitable Organizations0.02%
Services: Financial PlanningPortfolio Management for IndividualsPublication of PeriodicalsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Commonwealth Retirement Investments LLC is an independent registered investment adviser formed in 2017 that serves both individual/family and institutional clients. The firm provides fee-based financial planning and portfolio management for individuals and small businesses, and supplements its advisory work with publications and educational seminars. It operates dual business lines as a registered representative of a broker-dealer and as an insurance broker. Their fee arrangements combine percentage-of-AUM charges with fixed fees. The firm identifies as an active ESG investor, which suggests environmental, social or governance considerations are incorporated into at least some portfolio decisions. Commonwealth is not described as a capital allocator or pension consultant; its ownership structure includes domestic entity and individual owners.