Commonwealth Financial Group (Mass.)

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Jul 28, 2010 5:40 pm

 Can anyone offer insight into Commonwealth Financial Group ( Mass. ) ?

 From an FA's point of view ? What's their appeal or approach ? Pros / cons. Thanks.

 http://www.commonwealthfinancialgroup.com/new/commonwealthfinancialgroup/

Jul 28, 2010 5:57 pm

Can anyone ROOGLE?

Jul 29, 2010 12:42 pm

[quote=consideringampf]

 Can anyone offer insight into Commonwealth Financial Group ( Mass. ) ?

 From an FA's point of view ? What's their appeal or approach ? Pros / cons. Thanks.

 http://www.commonwealthfinancialgroup.com/new/commonwealthfinancialgroup/

[/quote]

I know folks at CW. It has won numerous awards for being the best indy bd. They have a great clearing firm partner with NFS, division of Fidelity, leave you alone, have significant tech resources and desks, and give you access to pretty much anything a retail rep would need. They are privately owned, and the original owners are still actively involved. The number of reps is just right too, a bit over 1000. The folks I know there, have zero complaints. There was another thread on this subject a while back, you might look for it. 

Jul 31, 2010 4:38 pm

Guys look at the URL/Website.  He's not talking about Commonwealth Financial Network, he's talking about some division of Mass Mutual.  I would avoid insurance owned BDs unless you do mostly life insurance business.

Jul 31, 2010 4:38 pm

Guys look at the URL/Website.  He's not talking about Commonwealth Financial Network, he's talking about some division of Mass Mutual.  I would avoid insurance owned BDs unless you do mostly life insurance business.

Aug 2, 2010 8:49 pm

This looks like just an insurance agency that is affiliated with MassMutual.  Run away unless you mostly want to do insurance.