Commonwealth Financial Network

Commonwealth Expands Model Portfolio Platform to Provide Advisors Greater Choice and Control

Retrieved on: 
Martedì, Dicembre 5, 2023
Professional Services, Finance, Risk, Commonwealth Financial Network, Research, Investment management, Financial adviser

The expanded model platform empowers Commonwealth’s advisors to deliver on their client’s unique investment goals while gaining scale and efficiencies in their advisory practices.

Key Points: 
  • The expanded model platform empowers Commonwealth’s advisors to deliver on their client’s unique investment goals while gaining scale and efficiencies in their advisory practices.
  • With PPS Select, advisors can lean on Commonwealth’s investment expertise that pursues competitive performance across more than 100 diversified model portfolio solutions, simplifying the investment management process.
  • From 2019 to 2022, average production growth for advisors leveraging PPS Select was higher than those who opted to retain full control of investment management responsibilities.
  • The newest iteration of PPS Select provides advisors with even greater choice, control, and flexibility.”
    The newest offering, PPS Select Compass, allows advisors to retain control over client portfolio construction while outsourcing the time-consuming tasks of due diligence, ongoing monitoring, and operational functions to Commonwealth’s seasoned team of experts.

$3B Advisor Firm Mammini Company Shifts to Commonwealth for Next Wave of Growth

Retrieved on: 
Martedì, Novembre 28, 2023
Banking, Asset Management, Professional Services, Finance, Ivo Mammini, Engineering, Organization, Investment, Shoulder, Heart, Commonwealth Financial Network, Sheet metal, Growth, Securities research, Trade union, Commonwealth, Financial adviser

Commonwealth Financial Network®, a national firm dedicated to providing financial advisors with holistic, integrated business solutions, announces that Mammini Company, a former Lincoln Investments firm from San Diego, California, has joined its network of affiliated advisors.

Key Points: 
  • Commonwealth Financial Network®, a national firm dedicated to providing financial advisors with holistic, integrated business solutions, announces that Mammini Company, a former Lincoln Investments firm from San Diego, California, has joined its network of affiliated advisors.
  • With nearly $3 billion in client assets, Mammini is built to last and is poised for its next wave of growth.
  • Owner and president Mike Mammini, CFP®, CIMA®, AIF®, is one of four advisors, including son Mitch Mammini, CFA®, on the staff of eight.
  • Mammini grounds its relationships with clients—especially labor unions and corporate retirement plan sponsors—in the shared value of craftsmanship and integrity.

GameOn Technology Evolves Into ON as Company Secures $25 Million in Fresh Strategic Funding

Retrieved on: 
Mercoledì, Dicembre 6, 2023
LLM Communications, Research, Subway Series, Las Vegas Raiders, Ecosystem, Partner, Commonwealth Financial Network, Publishing, Health, AI, Commonwealth, Customer service, Retail

SAN FRANCISCO, Dec. 6, 2023 /PRNewswire/ -- ON — formerly GameOn Technology — today announces a fresh funding round and an updated mission to help enterprises and leading brands productize generative AI chat. The company's established leadership position in the AI chat ecosystem, coupled with the growing marketplace excitement for generative AI, prompted a strategic $25 million funding round, bringing the total funding raised to $80 million. Notable participants in the round include Equiam; B3 Capital; Commonwealth Financial Network; and Mirae Asset Venture Investment, which previously co-led the company's Series B.

Key Points: 
  • The company's established leadership position in the AI chat ecosystem, coupled with the growing marketplace excitement for generative AI, prompted a strategic $25 million funding round, bringing the total funding raised to $80 million.
  • Notable participants in the round include Equiam; B3 Capital; Commonwealth Financial Network; and Mirae Asset Venture Investment, which previously co-led the company's Series B.
  • Partners will benefit from more access to end markets and consumers via the chat, simplifying the process of productization while enhancing customer interactions.
  • "With a fresh vision and a proven track record, ON is poised to redefine how brands harness the power of AI."

Commonwealth Announces Future Plans to Fuel Advisor Growth in Areas of High Net Worth and M&A

Retrieved on: 
Giovedì, Ottobre 19, 2023
Professional Services, Security, Technology, Software, Finance, Consulting, Banking, Aurora, National Conference, RIA, Wealth management, Practice management, Conference, Commonwealth, Environment, Growth, Commonwealth Financial Network, Fusion Global Business Solutions, Marketplace, Financial services, Financial adviser

Commonwealth leadership outlined plans during the general session of its conference held from October 11 to 14 in Aurora, Colorado.

Key Points: 
  • Commonwealth leadership outlined plans during the general session of its conference held from October 11 to 14 in Aurora, Colorado.
  • “We are committed to being an indispensable partner for every advisor who chooses Commonwealth no matter where they are in their journey.
  • Supporting advisors through the lifecycle of their business needs is at the core of expanding the firm’s Business Solutions offerings.
  • Entrepreneurial Capital—launched last year—is adding options to include additional forms of funding through a minority investment in advisor businesses.

Commonwealth Empowers Advisors to Rethink What’s Possible at 2023 National Conference

Retrieved on: 
Mercoledì, Ottobre 11, 2023
Professional Services, Data Analytics, Other Professional Services, Finance, Asset Management, Consulting, Aurora, Wealth management, Possibility, Newshour, Commonwealth, Homelessness, Social responsibility, CAE, Practice management, Growth, Practice management software, Commonwealth Financial Network, Digital, Human, PBS, Education, National Conference on Citizenship, Hermitage Capital Management, Marketing, PBS NewsHour, National Conference, News, Homeboy Industries, Woman, Conference, Tourism, Management

Commonwealth Financial Network®, a national firm dedicated to providing financial advisors with holistic, integrated business solutions, gathers its community of affiliated advisors, home office staff, and industry partners for education, connection, and inspiration at its National Conference: Find the Good: Rethink What's Possible.

Key Points: 
  • Commonwealth Financial Network®, a national firm dedicated to providing financial advisors with holistic, integrated business solutions, gathers its community of affiliated advisors, home office staff, and industry partners for education, connection, and inspiration at its National Conference: Find the Good: Rethink What's Possible.
  • The enterprise community is one of several Commonwealth supports, including next-gen, the women of Commonwealth, a chief operating officer group, and family businesses.
  • Hosts Paul Sweeney and Matt Miller will broadcast live from the National Conference, October 12–13, 2023, from 10:00 a.m. to 1:00 p.m.
  • All donations will go directly to the Commonwealth Cares Fund, Commonwealth’s 501(C)3 organization, which supports important causes across the firm’s local communities.

Commonwealth Welcomes Wealth Management Industry Veteran Noreen Beaman to Its Advisory Board

Retrieved on: 
Martedì, Settembre 26, 2023
Consulting, Professional Services, Business, Finance, Advisory board, Commonwealth Financial Network, Investment, Trust, NFS, Strategic planning, Fidelity Investments, Organization, Advisory, Fidelity, Commonwealth, Financial adviser, Management, Noreen

Commonwealth Financial Network®, a national firm dedicated to providing financial advisors with holistic, integrated business solutions, announces the expansion of the Commonwealth Advisory Board (“the Board”) with the addition of Noreen Beaman, a seasoned wealth management leader.

Key Points: 
  • Commonwealth Financial Network®, a national firm dedicated to providing financial advisors with holistic, integrated business solutions, announces the expansion of the Commonwealth Advisory Board (“the Board”) with the addition of Noreen Beaman, a seasoned wealth management leader.
  • Beaman will join the Board’s seven industry professionals and advise on strategic planning and future growth initiatives for the firm and its advisors.
  • Noreen is a renowned visionary and at the forefront of intuitive advisor-facing technology and asset management platforms,” said Commonwealth CEO Wayne Bloom.
  • “I’ve known and admired her for many years as a respected member of the wealth management community.

R&R Wealth Management Selects Commonwealth for Sophisticated Support

Retrieved on: 
Lunedì, Settembre 18, 2023
Professional Services, Business, Finance, Asset Management, Consulting, Personal Finance, RIA, Insurance, R, Commonwealth, R&R Insurance Services, Commonwealth Financial Network, Culture, Financial services

Commonwealth Financial Network®, a national firm dedicated to providing financial advisors with holistic, integrated business solutions, announces that R&R Wealth Management (R&R Wealth) of Waukesha, Wisconsin, has joined its network of independent advisors.

Key Points: 
  • Commonwealth Financial Network®, a national firm dedicated to providing financial advisors with holistic, integrated business solutions, announces that R&R Wealth Management (R&R Wealth) of Waukesha, Wisconsin, has joined its network of independent advisors.
  • R&R Wealth delivers holistic planning services to business owners, corporate executives, and high-net-worth families looking to build and preserve generational wealth, including investment management, financial planning, and complex life insurance solutions.
  • Becca Hajjar, Commonwealth’s managing principal and chief business development officer, said, “We are thrilled to welcome Robert, Tom, and the rest of the R&R Wealth team to Commonwealth.
  • More tangibly, we look forward to providing flexible financing, investment management, and retirement planning support to allow R&R Wealth to take the next step in the evolution of its firm.”

17th Annual Invest in Others Awards Honor Financial Advisors for Philanthropy

Retrieved on: 
Giovedì, Settembre 21, 2023
Morgan Stanley, Organic, Cetera Financial Group, Education, IiO, LPL Financial, Culture, MFS, Volunteer of the Year, Veteran, Fidelity Investments, Apollo, Capstone Partners, Natixis Investment Managers, Commonwealth Financial Network, Gerald Loeb Lifetime Achievement Award winners, Community service, Commonwealth, Health, Merrill (company), Hunger, Social media, Pharmaceutical industry, Financial adviser

BOSTON, Sept. 21, 2023 /PRNewswire/ -- The Invest in Others Charitable Foundation ("Invest in Others") presented five awards to financial advisors committed to giving back to their communities during its 17th annual Invest in Others Awards Gala in Boston on September 20, 2023.

Key Points: 
  • BOSTON, Sept. 21, 2023 /PRNewswire/ -- The Invest in Others Charitable Foundation ("Invest in Others") presented five awards to financial advisors committed to giving back to their communities during its 17th annual Invest in Others Awards Gala in Boston on September 20, 2023.
  • The Invest in Others (IiO) Awards program, which includes five categories, honors financial advisors who volunteer their time and talents to support nonprofits helping to make a difference in the lives of others.
  • Top gala sponsors included Apollo, Cetera Financial Group, Commonwealth Financial Network, Fidelity Investments, LPL Financial, Merrill Lynch, MFS, Morgan Stanley, Natixis Investment Managers, Osaic, and Private Advisor Group.
  • It's truly a privilege to honor and support their admirable efforts and the example they exhibit for the financial services industry."

Paragon Financial, LLC, Joins Commonwealth for Flexibility and Growth

Retrieved on: 
Martedì, Settembre 12, 2023
Banking, Asset Management, Professional Services, Finance, Paragon, UTA Brand Studio, Marketing, LPL Financial, Culture, History, Consultant, Grave, Commonwealth, Commonwealth Financial Network, Financial adviser

Commonwealth Financial Network®, a national firm dedicated to providing financial advisors with holistic, integrated business solutions, announced that Paragon Financial, LLC, (Paragon) has joined its growing network of advisors.

Key Points: 
  • Commonwealth Financial Network®, a national firm dedicated to providing financial advisors with holistic, integrated business solutions, announced that Paragon Financial, LLC, (Paragon) has joined its growing network of advisors.
  • Approaching 25 years in business, Paragon has a history of helping families and individuals in and around Asheville, North Carolina, work toward financial well-being.
  • “At Paragon, we give our clients the support we’d want our own family members to receive,” said Hart.
  • Hart added, “Meeting with Commonwealth never felt like a sales process—quality matters to them and to us.

Commonwealth Creates Connections Between Advisors and Next-Gen CFP® Professionals Through New Talent Exchange Initiative

Retrieved on: 
Mercoledì, Settembre 6, 2023
University, Banking, Accounting, Education, Professional Services, Business, Asset Management, Other Professional Services, Human Resources, Finance, Continuing, Aurora, Partnership, Virginia Tech, Bryant University, Temple University, National Conference, Delaware State University, Texas Tech University, Student, Bentley University, Trust, Texas A&M University, Commonwealth, Utah Valley University, Conference, Commonwealth Financial Network, Financial adviser, Management, Greater Boston

Commonwealth Financial Network®, a national firm dedicated to providing financial advisors with holistic, integrated business solutions, announces the expansion of its Talent Exchange Initiative to connect skilled, work-ready students from top-tier universities offering CFP® programs with its affiliated advisors.

Key Points: 
  • Commonwealth Financial Network®, a national firm dedicated to providing financial advisors with holistic, integrated business solutions, announces the expansion of its Talent Exchange Initiative to connect skilled, work-ready students from top-tier universities offering CFP® programs with its affiliated advisors.
  • Through this initiative, Commonwealth will foster connections between students and its affiliated advisors, cultivate relationships with next-gen talent across the U.S., and support the needs of its affiliated firms.
  • The results of this study illustrate that educating the next generation of financial planners is critical to closing the gap.
  • “With a sharp focus on eliminating barriers in the student-to-advisor pipeline, we developed the Talent Exchange Initiative to build strategic partnerships with higher-learning institutions and connect students and alumni with our advisors,” said David Israel, vice president, field outreach, at Commonwealth.