Branch offices
2,493 offices
FINRA: Large firm
Data sourced from FINRA BrokerCheck public records. Disclosures reflect reported events, not proven violations. Verify at BrokerCheck ↗
CRD #8032 · FINRA BrokerCheck + SEC IAPD
Commonwealth Financial Network
Commonwealth Financial Network carries 43 BrokerCheck disclosures across 2,493 branch offices - light load for a national firm, earning a Grade B.
- Grade B
- Safety grade
- 2,493
- branch offices
- 43
- disclosures
- 0.02
- per office
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
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
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 reflect events reported on FINRA BrokerCheck. Disclosures are reported events, not proven violations. Verify at BrokerCheck ↗
Disclosure category share
Regulatory 26 Arbitration 17 Civil 0
Disclosure Profile
Commonwealth Financial Network's disclosure record, broken down by category and footprint.
Disclosures per office
0.02
Light load
Regulatory share
60%
of total disclosures
Size class
National firm
2,493 branches
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
Verify at FINRA BrokerCheck
FINRA BrokerCheck provides the full official disciplinary record, including individual registered advisors. Always verify before hiring a financial advisor.
View on FINRA BrokerCheck ↗What the Record Says About Commonwealth Financial Network
Commonwealth Financial Network (Limited Liability Company, CRD# 8032 · SEC# 24040 · Waltham, MA) operates 2,493 branch offices - a national firm (FINRA: large), scope ACTIVE.
BrokerCheck shows 43 disclosures as of July 2026 (about 0.02 per branch office): 26 regulatory, 17 arbitration, 0 civil. Letter grade B (4/5 internal scoring). Verify on FINRA BrokerCheck ↗ · how disclosures are interpreted.
Every firm registered with FINRA or the SEC must report regulatory actions, customer complaints, arbitrations, and civil judicial events on its public BrokerCheck and Form ADV records. A disclosure is not automatically a finding of wrongdoing, it can range from a settled customer dispute to a formal regulatory sanction, but a heavy disclosure load relative to a firm's size is a signal worth examining before you hire. Because larger firms naturally accumulate more disclosures across more offices, PlainAdvisorCheck grades each firm against same-size peers rather than on raw counts. Read each disclosure's underlying detail on the official record rather than relying on the headline number alone. Registration itself confirms only that a firm is authorized to do business, not that its compliance history is clean.
Source: FINRA BrokerCheck & SEC IAPD Public Disclosure Data FINRA BrokerCheck & SEC IAPD Public Disclosure Data
Frequently Asked Questions
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 on a broker-dealer's record, including regulatory actions, customer complaints, arbitration proceedings, and civil court events. Disclosures are part of the public record maintained by FINRA and do not necessarily indicate wrongdoing or proven violations.
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.
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Read our methodology - how this data is sourced, computed, and verified.
Related
Data sourced from official FINRA BrokerCheck and SEC EDGAR enforcement records. See our methodology for details. Retrieved and formatted by PlainAdvisorCheck Editorial
Every figure on PlainAdvisorCheck is rendered directly from FINRA BrokerCheck and SEC IAPD disciplinary records, no number is typed in by an editor. This firm's record is rendered directly from FINRA BrokerCheck and SEC EDGAR data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.