Commonwealth Adds More Than $100 Million in New Advisor Assets
Waltham, MA (July 30, 2012)—Commonwealth Financial Network® today announces the addition of Paragon Financial Services of Sacramento, California, to its network of independent financial advisors. Formally affiliated with LPL Financial, Paragon Financial Services was founded by managing partner Bryan Chew and oversees more than $100 million in total client assets.
“We are excited to enter the next phase of business development, and Commonwealth is the best possible partner to help us achieve our growth goals,” said Mr. Chew. “Commonwealth leads the industry with a technology platform that is truly integrated. This translates to better control of the business, better services to our clients, and decreased expenses.”
Mr. Chew, JD, CFP®, with 23 years of industry experience, provides comprehensive wealth management to high-net-worth individuals and families throughout California and surrounding states. He is a professor at UC Davis Extension in the Personal Financial Planning program.
“Paragon Financial Services is a leader in providing outstanding customer service, and we are pleased to welcome this practice on board,” said Andrew Daniels, Commonwealth’s managing partner of field development. “We look forward to forging a strong relationship that provides the best tools and resources in order for Paragon Financial Services to achieve its client-forward vision.”
Joining Mr. Chew in the transition to Commonwealth are Michael Takayama; Anita Fong-Chao, CFP®; Eugene Hsu, CFS®, CFP®; and Daryl Wong, CFP®, EA.
About Commonwealth Financial Network
Founded in 1979, Commonwealth Financial Network, member FINRA/SIPC, and a registered investment adviser, is the nation’s largest, privately held independent broker/dealer, 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” two times in a row.* The firm supports more than 1,400 independent registered representatives nationwide and makes available a comprehensive array of financial products and services. For more information, please visit www.commonwealth.com.
*Commonwealth Financial Network received the highest numerical score in the independent advisor segment in the proprietary J.D. Power and Associates 2010 and 2012 Financial Advisor Satisfaction Studiessm. The 2012 study was based on nearly 2,800 total responses and measures overall financial advisor satisfaction among advisors registered with Financial Industry Regulatory Authority (FINRA) investment firms. Proprietary study results are based on experiences and perceptions of financial advisors surveyed between November 2011 and January 2012. Your experiences may vary. Visit jdpower.com.