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Commonwealth Financial Network

Commonwealth Financial Network. CRD 8032

C

CRD: 8032

Commonwealth Financial Network

$212.7B Total AUM
$207.6B Disc. AUM
8.3% 3Y CAGR
4,200 Employees
380,938 ADV. Clients
46 yrs Firm Age

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Firm Details

Custodian
Fidelity/NFS
Clients
Retail and Institutional
Established Date
02-29-1980
Office Locations
1,095

Office Locations

1 Belvedere Place Suite 200 Mill Valley CA
1 Fort Hill Road Suite #8 Groton CT
1 Harris Street Newburyport MA

About Commonwealth Financial Network

Commonwealth Financial Network supports financial advisors and wealth managers with integrated consulting, operations, and compliance to grow, go independent, or transition to fee-only—either as their own RIA or through a corporate RIA. The firm also provides portfolio construction support and market outlook research to inform client conversations, with Fidelity/NFS as a key custody option.

Reported data analysis

What the numbers show

Between November 20, 2025 and May 19, 2026, reported AUM increased 1.4%, from $209.7B to $212.7B.

Across 5 reported observations, AUM increased 31.4% between November 29, 2022 and May 19, 2026, from $161.9B to $212.7B.

Of the latest reported AUM, 97.6% is discretionary and 2.4% is non-discretionary.

The firm reports 2,650 advisory representatives and 380,938 clients, or 143.8 clients per representative. That equates to $558.3K in reported AUM per client.

The profile lists 1,095 reported office locations and 46 years in operation. The source data was last updated on May 19, 2026. Figures reflect reported regulatory data and may not include subsequent changes.

Team overview

47 AVG AGE
$80.2M AVG AUM / ADVISOR
$558.3K AVG AUM / CLIENT
9.3 yrs AVG TENURE
4,200 Employees
2,650 Advisory Reps
2,950 RIA Reps
46yrs Firm Age

Additional firm insights

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Available data coverage

  • Asset Classes
  • Client Personas
  • CRM
  • Custodian
  • Investment Themes
  • Investment Vehicles
  • Platform
  • Services
  • Technology

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The full Commonwealth Financial Network record includes the detailed values behind these data categories, along with filters and export-ready prospecting fields.

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Owner & Executives

WAYNE BLOOM

WAYNE BLOOM

Chief Executive Officer, Financial Advisor, General Partner, MANAGING DIRECTOR

CRD
#2014352
Ownership
Less than 5%
JONATHAN CHRISTIAAN BOHS

JONATHAN CHRISTIAAN BOHS

MANAGING PRINCIPAL, Principal

CRD
#2308915
Ownership
Less than 5%

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Contacts

FRANK BELCHER ABEL IV

FRANK BELCHER ABEL IV

Wealth Advisor

CRD
#4288358
K

Kyle Abele

--

CRD
#6749925

Showing 2 of 3391 contacts

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary
11-29-2022
09-26-2023
12-05-2024
11-20-2025
05-19-2026
Category Assets AVG. Account size
Discretionary $207,634,735,496 $346,970
Non-Discretionary $5,025,310,032 $299,268
Total $212,660,045,528 $345,668

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Separately Managed Accounts

SMA allocation detail is available

Commonwealth Financial Network has reported separately managed account data across 8 asset classes. AdvizorPro provides the associated asset values, allocation percentages, and exportable breakdown.

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13F Holdings | Q2 2026

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Commonwealth Financial Network's 13F holdings detail is available for Q2 2026, including issuer, security class, CUSIP, ticker, portfolio weight, and reported value.

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