Below are some key facts about Commonwealth. For a more complete story, go to History.
San Diego, CA
100% owned and controlled by the 13 managing principals of the firm
$1.233 billion in 2017
Total Account Assets
Approximately $156 billion*
Minimum Production Requirement
$200,000 in gross concessions
Fidelity Clearing & Custody Solutions® provides clearing, custody and other brokerage services to Commonwealth Financial Network through National Financial Services LLC or Fidelity Brokerage Services LLC, Members NYSE, SIPC.**
Highest gross revenue per advisor among independent broker/dealers, as reported by Financial Advisor in April 2018.
Highest average payout per advisor among independent broker/dealers, as reported by Financial Planning in June 2018.
Commonwealth has been recognized 38 times as one of the Best Places to Work by the Boston Globe, Boston Business Journal, San Diego Business Journal, U-T (Union-Tribune) San Diego, and Computerworld. This includes #1 Best Place to Work designations in the midsize category from both the Boston Business Journal and the San Diego Business Journal (2005, 2009, 2013).
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*As of 12/31/2017
**Fidelity Investments is an independent company, unaffiliated with Commonwealth. Fidelity Investments is a service provider to Commonwealth. There is no form of legal partnership, agency affiliation, or similar relationship between your financial advisor and Fidelity Investments, nor is such a relationship created or implied by the information herein. Fidelity Investments has not been involved with the preparation of the content supplied by Commonwealth and does not guarantee, or assume any responsibility for, its content. Fidelity Investments is a registered service mark of FMR LLC. Fidelity Clearing & Custody Solutions® provides clearing, custody, or other brokerage services through National Financial Services LLC or Fidelity Brokerage Services LLC, Members NYSE, SIPC.