Below are some key facts about Commonwealth. For a more complete story, go to History.
San Diego, CA
100% owned and controlled by the 12 managing principals of the firm
$1.425 billion in 2018
Total Account Assets
Approximately $161 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 advisor overall experience score among the “Big Players” in the independent broker/dealer space, as reported by Wealth Management in May 2019.
Highest gross revenue per advisor among independent broker/dealers, as reported by Financial Advisor in April 2019.
Highest average payout per advisor among independent broker/dealers, as reported by Financial Planning in June 2018.
Commonwealth has been recognized 41 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 12/31/2018
**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.