Commonwealth Financial Network
Commonwealth Financial Network, founded in 1979, provides diverse financial services and technology solutions for financial advisors, including a range of affiliation models and the Advisor360° platform.
Company History
Commonwealth Financial Network was founded in 1979. Over the decades, it has grown into a significant player in the financial advisory sector. With main offices in Waltham, MA, and San Diego, CA, Commonwealth Financial Network continues to expand its services and reach within the industry, providing comprehensive support for financial advisors across the United States.
Services
Commonwealth Financial Network offers a variety of affiliation models designed to meet the needs of different financial advisors, including Dual Registration, IAR-Only (Corporate RIA), Hybrid RIA, and RIA-Only (Independent Registered Investment Adviser). Services provided encompass advanced planning and research, marketing support, and collaborative compliance. The company also offers outsourced business solutions, helping advisors with office space, legal, financial, and HR needs, as well as entrepreneurial capital options such as traditional loans, bridge loans, and equity financing.
Technology Platform
Commonwealth Financial Network offers a proprietary technology platform called Advisor360°. This platform is designed to help financial advisors manage their businesses more efficiently. The tools within Advisor360° support a range of functions essential to financial advisory, leveraging technology to streamline and enhance the advisor's ability to serve clients effectively.
Annual National Conference
Commonwealth Financial Network hosts a National Conference each year. This event provides educational and networking opportunities for financial advisors. It serves as a platform for advisors to gain new insights, share experiences, and foster professional development. The conference is a key part of Commonwealth's commitment to supporting its network through continuous learning and community building.
Corporate Social Responsibility
Commonwealth Financial Network actively engages in corporate social responsibility through initiatives like Commonwealth Cares. The company is also committed to fostering diversity, equity, and inclusion through various programs and initiatives aimed at creating a more inclusive environment within the financial advisory industry.