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Commonwealth Financial Services

Commonwealth Financial Services. CRD 324930

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CRD: 324930

Commonwealth Financial Services

$994.7M Total AUM
$977.2M Disc. AUM
-- 3Y CAGR
26 Employees
2,272 ADV. Clients
3 yrs Firm Age

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Firm Details

Custodian
American Funds · Charles Schwab & Company · Fidelity/NFS
Clients
Retail and Institutional
Platforms
Available
Established Date
03-22-2023
Office Locations
5

Office Locations

166 S. Main St. Woodsfield OH
166 S. Main Street Woodsfield OH
21 Warden RUN Road #201 Wheeling WV

About Commonwealth Financial Services

Commonwealth Financial Services is a fiduciary advisory firm serving individuals, families, and small businesses across West Virginia and Ohio. The team delivers comprehensive financial and retirement planning and ongoing investment management with a disciplined, risk-tolerance-driven approach, plus estate, tax, and insurance planning. Clients include business owners, pre-retirees/retirees, and oil & gas landowners. Uses Orion and eMoney; eight advisors include six CFP professionals.

Team overview

41 AVG AGE
$76.5M AVG AUM / ADVISOR
$437.8K AVG AUM / CLIENT
2.8 yrs AVG TENURE
26 Employees
13 Advisory Reps
15 RIA Reps
3yrs Firm Age

Insights

Available
Available
Available
Available
Available
Available
Available
Available

Asset Classes

Available

Client Personas

Available

CRM

Available

Custodian

Available

Investment Themes

Available

Investment Vehicles

Available

Platform

Available

Services

Available

Technology

Available

Owner & Executives

MICHAEL CHARLES SEESE

MICHAEL CHARLES SEESE

CAO, Co-founder, Co-founder and Financial Advisor – Commonwealth Financial Services, Financial Advisor, General Partner, Owner

CRD
#2789645
Ownership
50% but less than 75%
Available
Available
Available
DANIEL LEE SPURGEON

DANIEL LEE SPURGEON

Chief Investment Officer, Financial Advisor, General Partner, PARTNER

CRD
#6293881
Ownership
25% but less than 50%
Available
Available
Available

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Contacts

Derek Bailey

Derek Bailey

Owner

CRD
#7407694
Available
Available
Available
Evan Thomas Brockmeier

Evan Thomas Brockmeier

Financial Advisor, General Partner

CRD
#7733312
Available
Available
Available

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary
06-26-2023
10-11-2024
10-22-2025
04-02-2026
Category Assets AVG. Account size
Discretionary $977,187,375 $203,921
Non-Discretionary $17,558,551 $83,216
Total $994,745,926 $198,830

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Separately Managed Accounts

Total SMA Asset: Available

Locked Total SMA
Public Funds:
Available
Equity - Exchange:
Available
Cash:
Available
Other:
Available
Derivatives:
Available
Private Funds:
Available
Corporate - Investment Grade:
Available
Other:
Available
Asset class Assets Assets %
Public Funds Available Available
Equity - Exchange Available Available
Cash Available Available
Other Available Available
Derivatives Available Available
Private Funds Available Available
Corporate - Investment Grade Available Available
Other Available Available
Total Available Available

13F Holdings | Q2 2026

Issuer Class CUSIP Ticker % Value
Available Available Available Available Available Available
Available Available Available Available Available Available
Available Available Available Available Available Available
Available Available Available Available Available Available
Available Available Available Available Available Available

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