Commonwealth Financial Network opened its doors in 1979 as a small Massachusetts broker/dealer with big aspirations. While remaining privately held, it has grown rapidly, along the way establishing itself as a pioneer in advancing practice management and in leading the way for fee-based advisor business solutions. It now operates in all 50 states, empowering more than 2,000 independent advisors who manage over $200 billion in assets, with a home office staff of 770 professionals.