Commonwealth Financial Network is the largest privately held Registered Investment Adviser (RIA)–independent broker/dealer in the United States, founded in 1979 and headquartered in Waltham, Massachusetts, with additional offices in San Diego, California, and Blue Ash, Ohio. The firm supports approximately 2,900 independent financial advisors nationwide, managing around $285 billion in assets. Commonwealth is renowned for its advisor-centric culture, offering a comprehensive suite of services including investment management, retirement planning, estate planning, and compliance support. The firm has been recognized for 11 consecutive years by J.D. Power for “Highest in Independent Advisor Satisfaction Among Financial Investment Firms,” reflecting its commitment to advisor success and client service. In March 2025, LPL Financial announced its acquisition of Commonwealth Financial Network, aiming to enhance its offerings and support for independent advisors .