Firm profile

COMMONWEALTH FINANCIAL SERVICES

VIENNA, WVCRD 324930Latest ADV April 2, 2026

Commonwealth Financial Services is an SEC registered investment adviser organized as a limited liability company with a primary office location in Vienna, WV. Its latest Form ADV filing, dated April 2, 2026, reports $995M in regulatory assets under management, 26 employees, 4 offices, and 5,003 accounts.

Assets Under Management
$995M
Employees
26
Offices
4 offices
Total Clients
2,271
Primary office
VIENNA, WV
373 TIMBERLINE PARKWAY, VIENNA, WV, United States
ADV Item 1F location record

Contact and digital presence

ADV profile links

Leadership

3 roles identified
CEOShanell Jeffrey
CCOMatthew D. Rothchild
CIODaniel L. Spurgeon

Advisory services offered

7 types reported
Educational seminars/workshops
Financial Planning Services
Other advisory services

Fee models offered

3 types reported
Asset based fees
Fixed fees
Hourly charges
Sources checked May 17, 2026

Client Coverage Demographics

Top client segmentIndividuals represent 87.6% of total clients.
Top client categories% of clientsClients
1
Individuals
87.6%
1,990
2
HNWI
10.0%
226
3
Corporations
1.1%
24
4
Pension Plans
0.6%
13
5
Charitable
0.4%
9

Regulatory Assets Under Management Breakdown

Total regulatory assets under management$995Mas of April 2, 2026
Discretionary98.2%
$977M
98% of total RAUM98.2%
Non-discretionary1.8%
$18M
2% of total RAUM1.8%
Regulatory assets under management are split between discretionary and non-discretionary assets.

Assets under management Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total AUM$995M
Total Accounts5,003
10Y AUM Change+$995M

Employee Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total Employees26
Clients per Employee87:1
10Y Employee Change+2 (+8.3%)

* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.