Press Releases

Innovative Financial Solutions Joins Commonwealth Financial Network®

Waltham, MA (August 20, 2018)–Commonwealth Financial Network®, the nation’s largest privately held Registered Investment Adviser–independent broker/dealer, announces the addition of Innovative Financial Solutions of Bloomington, Indiana, and Palm Coast, Florida, to its network of independent financial advisors. Formerly affiliated with MML Investors Services, LLC, partners William Verhagen, CFP®, CPA, CFS, CLU®, ChFC®, CASLTM, Christopher Harmon, CLU®, ChFC®, CASLTM, and Ian Essling, CFP®; financial advisor Mark Kraus, CLU®, ChFC®, CASLTM, RICP®; and their team bring with them more than $400 million in assets under management.

Innovative Financial Solutions provides comprehensive financial planning and investment management services to an array of clients–including business owners, medical professionals, and families, as well as Indiana University faculty and administrators. Through a straightforward approach to building financial strategies focused around the individual, the Innovative Financial Solutions team develops personalized plans to help clients meet their unique financial goals. For more information about the firm, visit

"After a two–and–a–half–year due diligence process, the Innovative Financial Solutions team was eager to affiliate with an independent RIA–broker/dealer that is committed to helping us provide the highest level of service to the families we serve," said Ian Essling. "Our home office visit validated that Commonwealth was the best move for us, and the responsiveness of our dedicated transition team has been remarkable. Knowing our team is prioritized and supported adds time back into our day to spend with clients."

"We are pleased to welcome Innovative Financial Solutions to Commonwealth," said Andrew Daniels, managing principal, business development. "This team operates with a client‐first mind–set, and we look forward to providing them with the technology platform, tools, resources, and system integrations that provide the operational efficiencies and flexibility they need to run their business and enhance their clients’ experience."

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. J.D. Power ranks Commonwealth "Highest in Independent Advisor Satisfaction Among Financial Investment Firms, Five Times in a Row." The firm supports approximately 1,800 independent financial advisors nationwide. For more information, please visit

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

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