Press Releases


Commonwealth Financial Network® Congratulates Honorees on the InvestmentNews "40 Under 40" List

Waltham, MA (June 19, 2018)–Commonwealth Financial Network®, the nation's largest privately held Registered Investment Adviser–independent broker/dealer, congratulates affiliated advisors Magdalena Johndrow, MSc, CFS®, financial advisor, Johndrow Wealth Group of Farmington River Financial, based in Farmington, Connecticut, and Nick Loring, CFP®, MBA, CRPC®, CRPS®, CIMA®, principal, Loring Advisory Group, based in Greenville, Rhode Island, on being named to the InvestmentNews "40 Under 40" list for 2018. The list was published in the June 18 issue of InvestmentNews and is featured online.

The fifth annual "40 Under 40" project spotlights 40 dynamic honorees, all under age 40, who were selected from a pool of approximately 1,000 nominees by a panel of reporters, editors, and other representatives of InvestmentNews. Winners were chosen based on their level of accomplishment, contribution to the financial advice industry, leadership, and promise for the future.* For more information, visit investmentnews.com.

"Congratulations to Magdalena Johndrow and Nick Loring on being recognized by InvestmentNews and honored on this elite list of talented professionals in our industry," said Wayne Bloom, CEO of Commonwealth. "These advisors possess the passion and purpose to strategically grow their businesses, excel in their careers, and make their mark on the advice industry as they move it forward. With a strong focus on doing right by their clients, we remain committed to providing the progressive support, technology, and tools their thriving businesses and clients expect."

About Commonwealth Financial Network
Founded in 1979, Commonwealth Financial Network, member FINRA/SIPC, is the nation's largest privately held Registered Investment Adviser–independent broker/dealer, with headquarters in Waltham, Massachusetts, and San Diego, California. The firm supports approximately 1,800 independent financial advisors nationwide. For more information, please visit www.commonwealth.com.

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*Nominations were solicited from InvestmentNews readers and financial planning industry professionals. Nominees must be 39 or younger and are judged, by the editors of InvestmentNews, on their accomplishments, industry contributions, leadership, and promise (passion, enthusiasm, and ideas). Approximately 1,000 advisors were considered; 4 percent of candidates were named to the list. Individuals were selected based solely on the subjective opinions of InvestmentNews editors, and selection is not indicative of the advisor's future performance. Your experience may vary.