Commonwealth Financial Network Earns the Game-Changing Women’s Choice Award
Firm recognized with the Women’s Choice Award for offering exceptional services and tools, demonstrating their commitment to women investors and advisors
Hollywood, FL (December 10, 2013)—When it comes to the selection of a financial firm and financial advisors, most female consumers are looking for two things: trust and confidence. WomenCertified, a leading consumer advocacy group has teamed up with WIFE.org, the Women’s Institute for Financial Education to identify firms that are providing exceptional services to their female investors. Those firms earn the prestigious Women’s Choice Award designation.
Commonwealth has been awarded the 2013 Women’s Choice Award for their existing commitment to the women’s market through community outreach, educational support and services specific to women and couples.
“Women investors are an extremely important audience,” said Wayne Bloom, CEO of Commonwealth Financial Network. “So much of the Commonwealth community is deeply impacted by womenâ€”from our executive leadership to our support team and, of course, our well-respected female advisors. We are pleased to partner with WIFE.org and WomenCertified, Inc., to help further its mission of helping women identify financial advisors that provide quality service and strong commitment to their female clientele, and we look forward to making the Women’s Choice Award for Financial Advisors available to our trusted advisors who can markedly distinguish themselves as leaders in the women’s market.”
Women hold more than half the wealth in this country and are projected to hold up to 63% by 2020. Yet, because women have traditionally been unsure where to turn for financial advice, only 20% of women investors have a financial advisor - but a full 70% would like to work with one.
“Women are looking for answers on how to identify financial firms and advisors they can trust. In a cluttered marketplace, our mission is to simplify her choice. The Women’s Choice Award allows women to make smart financial choices by identifying those progressive firms dedicated to their female clientele. We are proud to honor Commonwealth as a firm that women can trust- with confidence.”
About Commonwealth Financial Network
Founded in 1979, Commonwealth Financial Network, member FINRA/SIPC, is the nation’s largest privately held independent broker/dealerâ€“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.
WomenCertifiedÂ®, home to the Women’s Choice Awards, awards businesses, brands and services based on high recommendation ratings by female consumers. WomenCertified represents the collective voice of women so they can help each other identify businesses that deserve their loyalty and referrals. Through the prestigious Women’s Choice Award, WomenCertified has partnered with businesses who have earned the award such as Sealy, Kaiser Permanente, Aquafina, Hertz, Singer, Goodyear and many more. To learn more, visit www.womenschoiceaward.com.
The Women’s Institute for Financial Education (WIFE.org) is the oldest non-profit organization dedicated to providing financial education to women in their quest for financial independence. It was founded in 1988 by wealth management experts and KPBS Heroes Candace Bahr and Ginita Wall, who have a lifelong mission of helping women connect with resources that help them prosper and grow financially. Visit www.wife.org.