Commonwealth Financial Services, LLC
Commonwealth Financial Services, LLC is an independent Registered Investment Adviser (RIA) headquartered in Wheeling, West Virginia. Founded in 2010, the firm provides a range of financial services including asset management, retirement planning, third-party advisory services, and financial planning. It serves both individual and institutional clients, with a strong presence throughout West Virginia and the surrounding region. The team consists of experienced advisors focused on personalized financial guidance to help clients achieve their goals.
Investment Strategy
Commonwealth Financial Services, LLC employs a holistic, client-centric approach to investment management. The firm offers both discretionary and non-discretionary asset management services, utilizing a strategic asset allocation method tailored to clients’ financial circumstances, time horizon, and risk tolerance. CFS’s investment philosophy emphasizes diversification and long-term growth, integrating financial planning with portfolio construction, and frequently leveraging third-party strategies. The firm serves retail investors, businesses, and retirement plans, focusing on financial planning and consistent monitoring and review of investment portfolios.
Top Holdings
Equity Positions (225)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
S SPY | SPDR S&P 500 ETF TR | 8.05% | $47.0M | 70,616 | $478.71 | $666.18 | +$7.0M |
Q QQQ | INVESCO QQQ TR | 5.72% | $33.4M | 55,639 | $406.65 | $600.37 | +$3.7M |
F FIXD | FIRST TR EXCHNG TRADED FD VI | 5.44% | $31.8M | 715,827 | $43.03 | $44.42 | +$749.0K |
I IVV | ISHARES TR | 4.22% | $24.6M | 36,815 | $477.20 | $669.30 | +$6.3M |
M MGOV | FIRST TR EXCHANGE-TRADED FD | 3.62% | $21.1M | 1,032,853 | $20.86 | $20.47 | +$505.3K |
Options Positions (2)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
W WMT | WALMART INC | Sold | Put | $28.5K | 116 | $103.06 | $87.79 | -4 | +$20.6K |
C CSCO | CISCO SYS INC | — | Put | $36 | 170 | $68.42 | $61.71 | 0 | -$7.1K |