FS Financial Departs Wirehouse for Independent Channel with Commonwealth

Waltham, MA (May 11, 2021)—Commonwealth Financial Network®, a national firm dedicated to providing advisor-focused business solutions, announces the addition of FS Financial of Southington, Connecticut, to its network of independent financial advisors. Formerly affiliated with Wells Fargo, financial advisors Aaron Sehl and Vincent Feijoo, a CFP® professional, founded the independent firm in April 2021, bringing with them veteran support staff member Michele Molitor. The dually registered firm will be responsible for $200 million in assets under management, with close to 75 percent fee-based business. 

FS Financial will focus on the traditional pillars of investment, retirement, insurance, and estate planning. Sehl and Feijoo plan to continue to nurture and grow their relationships with their longstanding clients, as well as prospect for new clients who will appreciate the newly formed practice's commitment to responsive, caring service. The team's decision to leave the wirehouse environment also puts their clients' interests first—partnering with Commonwealth will let them concentrate on helping their long-term clients their way without worrying about corporate interests. To learn more about the central Connecticut practice, visit www.FSFinances.com.

"We chose Commonwealth because of its independence and private ownership," says Sehl. "Their business is our business, and it’s personal—it felt like home."

"Service is everything," says Feijoo. "Their team stands ready to help support us, and that's exactly the level of personal guidance our clients expect from us. As a boutique firm, you really do get to know your team and ownership, just like we get to know our clients and they get to know and trust us as their advisors."

Sehl and Feijoo are excited to work with Commonwealth's Advanced Planning specialists, turnkey marketing platforms, and intuitive technology platform. "We're looking forward to being in control of how we want to run our business as it evolves, helping the people we want to help, and partnering with a firm that's supportive of the way we want to run our business," adds Sehl.

"We are deeply appreciative of the trust that FS Financial has bestowed on Commonwealth as they take their first steps as an independent firm," said Andrew Daniels, Commonwealth's managing principal, business development. "Because our core values around service align so closely, we know that our partnership will empower the team now and in the future."

About Commonwealth Financial Network® 

Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser, provides a suite of business solutions that empowers more than 2,000 independent financial advisors nationwide. J.D. Power ranks Commonwealth "#1 in Independent Advisor Satisfaction Among Financial Investment Firms, Seven Times in a Row." Privately held since 1979, the firm has headquarters in Waltham, Massachusetts, and San Diego, California. Learn more about Commonwealth by visiting www.commonwealth.com

Commonwealth received the highest score in the independent advisor segment of the J.D. Power 2010, 2012, 2013, 2014, 2018, 2019, and 2020 Financial Advisor Satisfaction Studies of customers’ satisfaction among financial advisors. Visit jdpower.com/awards.


Hi, I'm Jacquelyn, senior director of corporate marketing at Commonwealth.

Did something here pique your interest? I'd love to tell you more.