CRD #8032 · FINRA BrokerCheck + SEC IAPD

Commonwealth Financial Network

According to FINRA BrokerCheck disclosure totals used on PlainAdvisorCheck graded firms, Commonwealth Financial Network ranks #118 of 20,055 by disclosure count (most disclosures first). Among firms registered in MA, it ranks #2 of 98 on the same disclosure sort used on the state browse page. Commonwealth Financial Network carries 43 BrokerCheck disclosures across 2,493 branch offices - light load for a national firm, earning a Grade B.

Verify on FINRA BrokerCheck → Browse all firms
Grade B
Safety grade
2,493
branch offices
43
disclosures
#118 of 20,055
disclosure rank · graded

FINRA BrokerCheck disclosure docket

CRD record 8032 Commonwealth Financial Network

Commonwealth Financial Network · Grade B · 43 disc · 0.02/office · National firm

  • CRD 8032
  • GRADE B
  • DISC 43
  • REG 26
  • ARB 17
  • CIV 0
  • BRANCH 2,493
  • PER-OFF 0.02
  • RANK #118 of 20,055
  • BOOK National firm

Intensity peers

Nearest same-size peer: Edward Jones (0.02 disc/office)

Edward Jones0.02Park Avenue Securities LLC0.02Equitable Advisors, LLC0.02Commonwealth Financ… (this)0.02
Disclosures per office among national firm peers (lower is cleaner)

Commonwealth Financial Network ranks #118 of 20,055 by disclosure count among graded broker-dealers; light load at 0.02 disclosures per office. Verify on FINRA BrokerCheck →

PlainAdvisorCheck rating 4/5 - an editorial, size-normalized signal, not a regulatory determination. Always verify the underlying record on FINRA BrokerCheck before engaging an advisor.

Data updated July 2026

Branch offices

2,493 offices

FINRA: Large firm

Total disclosures

43 events

On FINRA BrokerCheck

Regulatory events

26 actions

60% of all disclosures

Disclosures per office

0.02 per office

43 ÷ 2,493 offices

Commonwealth Financial Network vs. every disclosing firm

Disclosures per branch office, the size-normalized signal behind the grade (lower is cleaner)

0 Among the cleanest for its size a cleaner per-office record than 96% of 1,251 disclosing firms

0–0: 314 disclosing firms (25%). This entry sits in this band. 0–1: 159 disclosing firms (13%). Above this entry. 1–1: 301 disclosing firms (24%). Above this entry. 1–1: 40 disclosing firms (3%). Above this entry. 1–1: 140 disclosing firms (11%). Above this entry. 1–2: 32 disclosing firms (3%). Above this entry. 2–2: 65 disclosing firms (5%). Above this entry. 2–2: 9 disclosing firms (1%). Above this entry. 2–2: 72 disclosing firms (6%). Above this entry. 2–3: 14 disclosing firms (1%). Above this entry. 3–3: 24 disclosing firms (2%). Above this entry. 3–3: 6 disclosing firms (0%). Above this entry. 3–3: 32 disclosing firms (3%). Above this entry. 3–4: 5 disclosing firms (0%). Above this entry. 4–4: 10 disclosing firms (1%). Above this entry. 4–4: 3 disclosing firms (0%). Above this entry. 4–4: 9 disclosing firms (1%). Above this entry. 4–5: 3 disclosing firms (0%). Above this entry. 5–5: 11 disclosing firms (1%). Above this entry. 5–5: 2 disclosing firms (0%). Above this entry. This firm 0 5 every disclosing firm, by disclosures per office, bucketed by value

Each bar is a band; taller bars hold more disclosing firms. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source FINRA BrokerCheck · SEC IAPD · 2026

Disclosure Breakdown

Disclosure Type Count
Regulatory Events 26
Arbitrations 17
Civil Events 0
Total 43

Counts for Commonwealth Financial Network reflect events reported on FINRA BrokerCheck as of July 2026. Disclosures are reported events, not proven violations.

Disclosure category share

Regulatory 26 Arbitration 17 Civil 0

Firm Details

Firm Size
Large
Scope
ACTIVE
Location
Waltham, MA, 02451
Formed
08/01/2017
State of Formation
Massachusetts
CRD Number
8032
SEC Number
24040

Lower disclosures per office

Commonwealth Financial Network in the heavier-disclosure third

Commonwealth Financial Network carries 43 BrokerCheck disclosures across 2,493 branch offices - a heavier-third raw book among graded firms (#118 of 20,055). Regulator-initiated events are 60% of the book (26 regulatory / 17 arbitration / 0 civil).

Commonwealth Financial Network runs 0.02 disclosures per branch office (cleaner than 96% of disclosing multi-office firms). Verify on FINRA BrokerCheck ↗ · how disclosures are interpreted.

Educational summary of Commonwealth Financial Network's disclosure book - not financial advice. Disclosures are reported events, not proven violations; consult a licensed advisor before decisions.

Massachusetts cohort · 15× state average

Commonwealth Financial Network sits above the Massachusetts disclosure average

Commonwealth Financial Network reports 43 BrokerCheck disclosures, 15× the Massachusetts average of 2.9 across 98 graded firms with a principal-office state on file.

In Massachusetts, 64 firms carry Grade A and 0 carry Grade F on the same size-normalized scale.

Average uses graded firms with a principal-office state on file, not a full 50-state census. Open the Massachusetts state book →

Source: FINRA BrokerCheck & SEC IAPD Public Disclosure Data

Frequently Asked Questions

Where does Commonwealth Financial Network sit among graded broker-dealers by disclosure count?
According to FINRA BrokerCheck disclosure totals used on PlainAdvisorCheck graded firms, Commonwealth Financial Network ranks #118 of 20,055 by disclosure count (most disclosures first). Among firms registered in MA, it ranks #2 of 98 on the same disclosure sort used on the state browse page. Ordinals match the disclosure-first sort documented on our methodology corpus-placement section. A high disclosure rank is not automatically a finding of wrongdoing; larger firms accumulate more reported events. Always review the underlying FINRA BrokerCheck detail before engaging.
What does a grade of B mean for Commonwealth Financial Network?
A grade of B reflects Commonwealth Financial Network's disclosure intensity, its weighted disclosure load per branch office, ranked against other firms of a similar size (national firm). It carries 43 total disclosures across 2,493 branch offices. Review the specific disclosures on FINRA BrokerCheck before engaging.
How many FINRA disclosures does Commonwealth Financial Network have?
Commonwealth Financial Network has 43 total FINRA disclosures, including 26 regulatory events, 17 arbitrations. Disclosures reflect reported events on FINRA BrokerCheck and do not necessarily indicate proven violations.
How big is Commonwealth Financial Network?
Commonwealth Financial Network operates 2,493 branch offices and is classified by FINRA as a large firm, registered in MA (National firm). FINRA BrokerCheck publishes branch-office counts but not a firmwide registered-representative headcount, so PlainAdvisorCheck measures firm size by branch footprint.
Where can I verify Commonwealth Financial Network's disciplinary record?
You can verify Commonwealth Financial Network's full disciplinary history on FINRA BrokerCheck at brokercheck.finra.org using CRD number 8032. BrokerCheck provides detailed information about individual registered representatives, complaints, and regulatory actions.
What is a FINRA disclosure?
A FINRA disclosure is a reported event (regulatory, arbitration, or civil). Commonwealth Financial Network's 43 events mean reading the underlying BrokerCheck detail matters more than the raw count alone.
Should I avoid Commonwealth Financial Network because of its disclosures?
Not necessarily. Larger firms accumulate more disclosures simply because they operate more offices, so PlainAdvisorCheck grades each firm against same-size peers rather than on raw counts. Commonwealth Financial Network carries 43 disclosures across 2,493 branch offices (about 0.02 per office). Review the nature of individual disclosures on FINRA BrokerCheck before making a decision.

Nationwide peers by disclosures or branches

Two PlainAdvisorCheck-derived peer sets for Commonwealth Financial Network, both outside MA so the neighborhoods are not state containment (the same-size intensity list below stays size-tier local).

Read with this firm

  • Edward Jones (MO) - 0.02 disclosures/office, nearest national firm peer to Commonwealth Financial Network's 0.02
  • Park Avenue Securities LLC (NY) - 0.02 disclosures/office, nearest national firm peer to Commonwealth Financial Network's 0.02
  • Equitable Advisors, LLC (NY) - 0.02 disclosures/office, nearest national firm peer to Commonwealth Financial Network's 0.02
  • Firms in MA - state roster that includes Commonwealth Financial Network's registration home.
  • How to Vet a Financial Advisor - Due diligence checklist when reviewing a Grade B firm like Commonwealth Financial Network.
  • Reading BrokerCheck Reports - How Commonwealth Financial Network's 0.02 disclosures-per-office figure is derived.
  • Most Disclosures - Raw disclosure-volume leaders for context next to Commonwealth Financial Network.
  • Compare firms - put Commonwealth Financial Network next to peers on grade and footprint.

Read our methodology - heavier-disclosure firms: how raw counts and per-office intensity are graded.

Retrieved and formatted by PlainAdvisorCheck from FINRA BrokerCheck public records.