Commonwealth Equity Services, LLC
Commonwealth Equity Services, LLC, also known as Commonwealth Financial Network, is an independent Registered Investment Adviser and broker-dealer headquartered in Waltham, Massachusetts. Founded in 1979, it provides investment advisory, wealth management, and financial planning services to independent financial advisors serving individual investors, families, and businesses. The firm is one of the largest privately held independent broker-dealers in the US, with several hundred employees and a broad national reach.
Investment Strategy
Commonwealth Equity Services, LLC supports independent financial advisors by providing access to diversified portfolios including equities, fixed income, ETFs, and mutual funds, as well as financial planning and retirement solutions. The firm aims to deliver unbiased investment recommendations tailored to client needs, and emphasizes risk management, regulatory compliance, and transparency. Its strategy allows advisors to construct personalized solutions aligned with clients’ goals, while maintaining rigorous oversight to protect investors and ensure optimal outcomes.
Top Holdings
Equity Positions (3,956)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AAPL | APPLE INC | 3.49% | $2.69B | 10,572,429 | $172.14 | $254.63 | +$369.5M |
N NVDA | NVIDIA CORPORATION | 2.66% | $2.05B | 10,995,345 | $92.31 | $186.58 | +$50.7M |
I IVV | ISHARES TR | 2.47% | $1.90B | 2,846,025 | $527.39 | $669.30 | +$131.8M |
M MSFT | MICROSOFT CORP | 2.25% | $1.74B | 3,360,507 | $423.77 | $517.95 | -$25.9M |
Q QQQ | INVESCO QQQ TR | 1.77% | $1.36B | 2,272,321 | $447.77 | $600.37 | +$27.0M |