Commonwealth Financial Network is an SEC registered investment adviser organized as a limited liability company with a primary office location in Waltham, MA. Its latest Form ADV filing, dated March 30, 2026, reports $212.7B in regulatory assets under management, 4,200 employees, 1,433 offices, and 615,215 accounts.
Assets Under Management
$212.7B
Employees
4,200
Offices
1,433 offices
Total Clients
360,488
Primary office
WALTHAM, MA
275 WYMAN STREET, SUITE 400, WALTHAM, MA, United States
Top client segmentIndividuals represent 87.1% of total clients.
Top client categories% of clientsClients
1
Individuals
87.1%
314,099
2
HNWI
11.6%
41,874
3
Corporations
0.7%
2,603
4
Pension Plans
0.3%
1,207
5
Charitable
0.1%
405
Regulatory Assets Under Management Breakdown
Total regulatory assets under management$212.7Bas of March 30, 2026
Discretionary97.6%
$207.6B
98% of total RAUM97.6%
Non-discretionary2.4%
$5.0B
2% of total RAUM2.4%
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.
Latest AUM$212.7B
Total Accounts615,215
10Y AUM Change+$151.2B (+245.9%)
Employee Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Total Employees4,200
Clients per Employee86:1
10Y Employee Change+900 (+27.3%)
* 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.