Commonwealth Financial Network

Overview

Commonwealth Financial Network is a Broker Dealer and registered investment adviser based in Waltham, MA, registered since 1979. It reports $213B in assets under management across 615,215 accounts, with 4,200 employees. Its 3,329 registered representatives work across 930 branch offices in 50 states.

Reported AUM

$213B

Discretionary

98%

Accounts

615,215

Average account

$346K

Employees

4,200

Registered reps

3,329

Branch offices

930

Registered since

1979

As reported in the firm's May 2026 filing.

Contact

1 phone number on file

Practice

Services

• Educational Seminars
• Financial Planning
• Individuals or Small Business
• Pension Consulting
• Periodicals or Newsletters
• Portfolio Management for Businesses or Institutional Clients
• Selection of Other Advisors

Client types

• Charities and Non-Profits
• Corporations/Businesses
• Government
• High Net Worth Individuals
• Individuals
• Pension/Profit Sharing Plan

Fee structure

Commissions, Fixed Fees, Hourly Charges and Percentage of Assets. Sponsors a wrap fee program.

Products and services

• Alternative Investments
• Corporate Bonds
• Derivatives
• Insurance
• Investment Advisory Services
• Kiosk Activities - Bank
• Kiosk Activities - Insurance
• Limited Partnerships Primary Distributions
• Limited Partnerships Secondary Market
• Municipal Securities Broker
• Municipal Securities Dealer
• Mutual Fund/Retailer
• 9 more

Executive officers 3 of 10

• Wayne Michael Bloom Managing Director, Chief Executive Officer CRD 2014352
• Christopher Anthony Trapnell Kloman Chief Operating Officer, President CRD 4896179
• Brian Thomas Price Managing Principal, Chief Investment Officer CRD 4019817

7 more executive officers, with direct contact details

Registered reps 3 of 3,329

• Frank B Abel IV Insurance Agent · Investment Adviser Rep CRD 4288358
• Kyle Abele Registered Rep CRD 6749925
• Jessica Abrams Investment Adviser Rep CRD 5356570

3,326 more registered reps, with emails, phones and branch locations

Location

Headquarters

275 Wyman St Ste 400
Waltham, MA 02451

County

Middlesex

Metro area

Boston-Cambridge-Newton, MA-NH

Region

Northeast

Branch offices

930 in 50 states, including San Diego, CA, Syracuse, NY and New York, NY

Registrations

• SEC registered, limited liability company formed in Massachusetts
• Registered in 53 jurisdictions
• Website: commonwealth.com

Every state, with registration dates

Similar firms near Waltham

• Integrated Wealth Concepts LLCWaltham, MA$23.6B AUM
• Ballentine PartnersWaltham, MA$15.3B AUM
• Polen Capital Credit, LLCWaltham, MA$6.1B AUM
• Windrose Advisors LLCWaltham, MA$2.7B AUM
• Granahan Investment Management LLCWaltham, MA$2.4B AUM