Commonwealth Now Aiming for $1T in Assets

November 22, 2022 by Jeff Berman

Commonwealth Financial Network has set a strategic goal of reaching $1 trillion in assets under management, the firm announced Thursday, noting that was one of three new major business growth initiatives disclosed to advisors at its annual National Conference earlier this month.

The target is an aggressive one given that the RIA/broker-dealer said its more than 2,000 independent financial advisors oversaw over $272.9 billion in assets across the U.S. as of Dec. 31, 2021.

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Originally Posted at ThinkAdvisor on November 17, 2022 by Jeff Berman.