“Commonwealth Financial Network”的意思、由来-开放百科全书

Commonwealth Financial Network is a privately held Registered Investment Adviser–independent broker/dealer based in Waltham, Massachusetts, and 110 Plaza in San Diego, California. The company was founded in 1979 by Joseph S. Deitch and was incorporated under the name Commonwealth Equity Services. In 1999, the name Commonwealth Financial Network was adopted. As of 2017, Deitch remains Chairman of the firm. The firm is owned and controlled by its 13 managing principals^[1].

Commonwealth has approximately 1,950^[1] independent financial advisors and financial planners for whom it serves as a "back office," processing investment transactions on behalf of their clients, and to whom the firm provides resources and consulting services to support the advisors' businesses.

Advisors who affiliate with the firm must earn a minimum of $200,000 in annual gross broker/dealer concessions (GDC)^[1]. Gross revenue per advisor in 2017 was the highest among independent broker/dealers, as reported by Financial Advisor in April 2017.^[2]

History

Year

Event

1979

Firm incorporated as Commonwealth Equity Services.

1985–1987

Commonwealth was named one of Inc. magazine’s 500 fastest-growing private companies in the U.S. for three consecutive years.

1991–2005

Investment Advisor magazine named Commonwealth Broker/Dealer of the Year a total of ten times.^[3]

1992

Commonwealth acquired Kavanaugh Securities of Dallas, Texas, to expand its national presence.

1999

Changed name to Commonwealth Financial Network.

2000

Commonwealth opened its San Diego office.

2009

Wayne Bloom, a 20-year Commonwealth veteran and managing principal since 1999, succeeds Joseph Deitch as CEO. Mr. Deitch remains chairman of the firm.

2013

Rich Hunter, a 25-year Commonwealth veteran and managing principal since 1996, is appointed President and COO. Peter Wheeler assumes the title of Vice Chairman.

2016

Commonwealth ranks highest in advisor satisfaction on Wealth Management magazine’s 2016 Independent Broker/Dealer Report Card.

2017

Commonwealth is honored with the Invest in Others Corporate Philanthropy Award – Financial Institutions for the firm’s grassroots initiative, Chemo Caps for Kids.

2018

Kol Chu Birke, Trap Kloman, and Brad McMillan are welcomed as managing partners, spreading Commonwealth's ownership among 13 dedicated, tenured, industry experts and strengthening the firm’s management ranks for years to come.

2018

Commonwealth announces Trap Kloman will assume the dual role of president and chief operating officer at year-end. Rich Hunter will remain one of 13 managing partners.^[4]

2018

For the fifth straight time, J.D. Power ranks Commonwealth "Highest in Independent Advisor Satisfaction Among Financial Investment Firms."^[5]

2018

To date, Commonwealth has been recognized a remarkable 41 times as one of the Best Places to Work by five top publications.^[6]

References

1. ^¹²{{Cite web|url=https://www.commonwealth.com/story/fast-facts.aspx|title=Get Key Facts, Including Revenue and Assets {{!}} Commonwealth Financial|website=www.commonwealth.com|access-date=2019-01-29}}
2. ^{{cite news |last=Broker-Dealer Review and Ranking |first= |date=April 23, 2017 |title=FA's 2017 B-D Ranking |url=http://www.fa-mag.com/userfiles/2017_ISSUES/Financial_Advisor/April_2017/BD2017_Print_V1.pdf|work=Financial Advisor |location= |access-date= }}
3. ^Investment Advisor Magazine http://www.investmentadvisor.com/Issues/2009/September%202009/Pages/BD-of-the-Year-Through-the-Years.aspx
4. ^{{Cite web|url=https://www.commonwealth.com/news/press-releases/2018/062818_Trap_Kloman_Becomes_COO.aspx|title=Trap Kloman to Become President and COO of Commonwealth Financial Network® at Year-End|website=www.commonwealth.com|access-date=2019-01-29}}
5. ^{{Cite web|url=https://www.commonwealth.com/news/press-releases/2018/062918_Commonwealth_Ranks_Five_Times.aspx|title=Commonwealth Ranks Highest in J.D. Power Independent Advisor Satisfaction, Five Times in a Row|website=www.commonwealth.com|access-date=2019-01-29}}
6. ^{{Cite web|url=https://www.commonwealth.com/work-here/best-places-to-work.aspx|title=Multiple Best–Place–to–Work Winner {{!}} Commonwealth Financial|website=www.commonwealth.com|access-date=2019-01-29}}