About Commonwealth Financial Network
<p>Founded in 1979, Commonwealth Financial Network supports advisors with a platform built around planning, investment management, and practice operations. The firm reports $344.0B in AUM (2026).</p> <p>Headquartered in Waltham in the Greater Boston area, Commonwealth also has offices in San Diego and Cincinnati, giving it a presence across the Northeast, Southern California, and the Midwest. Alongside brokerage and registered investment adviser services, the firm provides investment research, planning support, and insurance solutions.</p> <p>For plan sponsors, Commonwealth can act as an ERISA fiduciary through 3(21) and 3(38) services. Advisors can use the firm’s resources to build proposals, document fiduciary roles, and coordinate retirement plan work with other <a href="/retirement-plans">retirement plan providers</a>.</p> <p>One differentiator is its advisor-centric operating model, with multiple affiliation options and in-house support teams that cover research, planning, compliance, technology, marketing, and outsourced business functions. Commonwealth has also been named one of the 50 Best Places to Work in Massachusetts.</p> <ul> <li>3(21) fiduciary services for co-fiduciary investment support</li> <li>3(38) fiduciary investment management programs</li> <li>Investment research and portfolio guidance</li> <li>Planning support and insurance solutions</li> <li>Practice support: compliance, technology, marketing, and operations</li> </ul>
Website: https://www.commonwealth.com/contact-us
Founded: 1979
Office Locations
- San Diego, CA
- Cincinnati, OH
- Waltham, MA (Headquarters)
Services Offered
- 3(21) Investment Advisor
- 3(38) Investment Manager
Client Statistics (2026)
- Total Clients: 0
- Total AUM: $344.0B