Press Releases

Commonwealth Financial Network® Named to the
InformationWeek 500 List

Waltham, MA (September 10, 2013)—Commonwealth Financial Network® was recently named to the InformationWeek 500 list of top technology innovators across the U.S. This marks the third consecutive year Commonwealth has been recognized. The list identifies business technology teams across all industries that have made notable advancements to improve their operations and offerings to customers.

InformationWeek recognizes and honors the nation’s most innovative users of information technology with its annual InformationWeek 500 listing. Now in its 25th year, the InformationWeek 500 tracks the technology, strategies, investments, and administrative practices of some of the best-known organizations in the country. This year’s theme is digital business. Every enterprise is now a digital business, and the organizations in this ranking are leading the way.

“We are thrilled to be recognized within the InformationWeek 500 list for the third straight year,” said Commonwealth’s Darren Tedesco, managing principal of innovation and strategy. “We pride ourselves on having a sound technology infrastructure and strategy in place to consistently exceed the expectations of our advisors and investors—allowing them to focus solely on their practices while enhancing their clients’ experience.” Tedesco added, “We are proud to be named alongside some of the most innovative companies in the U.S., recognized for digital business—data analytics, mobile computing, social networking, and other customer-focused technologies—and we look forward to maintaining our competitive advantage by integrating industry-leading solutions into our Client360°® suite of tools.”

Tedesco concluded, “One of our most significant investments will always be in attracting and retaining the type of dedicated IT professionals who make up our team and assist in realizing Commonwealth’s technology vision. We will continue to focus on driving talent who can deliver innovative solutions.”

In June, Commonwealth was named a Computerworld Best Place to Work in IT for the seventh consecutive year. Earlier this year, J.D. Power and Associates ranked Commonwealth “Highest in Independent Advisor Satisfaction Among Financial Investment Firms, Three Times in a Row.”* Commonwealth achieved the highest score in seven areas of advisor satisfaction—including technology.

About Commonwealth Financial Network
Founded in 1979, Commonwealth Financial Network, member FINRA/SIPC, is the nation’s largest privately held independent broker/dealer–RIA, with headquarters in Waltham, Massachusetts, and San Diego, California. J.D. Power and Associates ranks Commonwealth “Highest in Independent Advisor Satisfaction Among Financial Investment Firms, Three Times in a Row.”* The firm supports more than 1,450 independent advisors nationwide in serving their clients as registered representatives, investment adviser representatives, and registered investment advisers, as well as through hybrid service models. For more information, please visit www.commonwealth.com.

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Commonwealth Financial Network® received the highest numerical score in the independent advisor segment in the proprietary J.D. Power and Associates 2010, 2012, and 2013 Financial Advisor Satisfaction StudiesSM. 2013 study based on 2,547 total responses and measures overall financial advisor satisfaction among advisors registered with the Financial Industry Regulatory Authority (FINRA) investment firms. Proprietary study results are based on experiences and perceptions of financial advisors surveyed in October 2012–February 2013. Your experiences may vary. Visit jdpower.com.

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