Investment adviser · CRD 8032
COMMONWEALTH FINANCIAL NETWORK
Investment adviser filing (IA)
COMMONWEALTH EQUITY SERVICES, LLC
WALTHAM, MA, United States · Form ADV filed Sep 29, 2026
- Regulatory AUM
- $213B Form ADV · Item 5.F
- Client accounts
- 615,215 Accounts, not individual clients
- Employees
- 4,200 Reported in this filing
- Advisory professionals
- 2,650 Investment advisory functions
Who they report serving
Form ADV · Item 5.DClient types and their share of reported regulatory assets.
| Client type | Clients | Regulatory assets | Share of AUM |
|---|---|---|---|
| High-net-worth individuals | 41,874 | $108,687,576,025 | 51.1% |
| Individuals | 314,099 | $93,620,071,446 | 44.0% |
| Corporations & businesses | 2,603 | $4,133,474,984 | 1.9% |
| Government entities | 300 | $3,197,155,228 | 1.5% |
| Retirement plans | 1,207 | $1,946,692,383 | 0.9% |
| Charities | 405 | $1,075,075,462 | 0.5% |
Filing source
Form ADV 2134278 · Sep 29, 2026 · Item 5.D
Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.
Private funds & service providers
0 Private fundsThe count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.
This filing answers No to private funds.
Services & filing details
Most recent filing: Sep 29, 2026. View historical filings
Reported services
Financial planning · Individual portfolio management · Business portfolio management · Pension consulting · Selection of other advisers · Publication of newsletters · Educational seminars
Compensation
Percentage of assets · Hourly · Fixed · Commissions
Principal office
275 WYMAN STREET, SUITE 400WALTHAM, MA, 02451-1200, United States
CRD 8032
Filing source
Form ADV 2134278 · Sep 29, 2026 · Items 1 & 5
Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.