Commonwealth Financial Network® Ranked a Top Place to Work Five Years Running

WALTHAM, Mass.--(BUSINESS WIRE)--

For the fifth consecutive year, Commonwealth Financial Network^® has been ranked as one of the Top Places to Work in Massachusetts by the Boston Globe. Overall, Commonwealth was honored as the #6 large-size firm to work for; the firm also placed in the top 10 in three categories: Diversity, Training, and Work Conditions. Commonwealth is one of just a handful of Massachusetts companies that has earned a spot every year since the Globe introduced its Top Places list.

The Top Places ranking recognizes companies across the state based on employee opinions on workplace practices in the areas of compensation, leadership, appreciation, career opportunities, and management. Employees were asked to grade their organizations according to 24 distinct performance statements, on issues ranging from encouraging new ideas to providing opportunities for growth and development. Private companies, nonprofits, and publicly held businesses were included in the analysis.

“To be honored in this way for five straight years validates our philosophy of, first and foremost, maintaining a positive, engaging, and fulfilling environment for our employees,” said Kate Creagh, managing principal, human resources at Commonwealth. “And even more so, it's a true testament to the caliber of people who make up our organization.”

In all, Commonwealth has been recognized 21 times as a Best Places to Work by top regional publications, including the Boston Globe, Boston Business Journal, and San Diego Business Journal, as well as by the IT industry's leading publication, Computerworld. This includes #1 Best Place to Work designations in the midsize category from both the Boston Business Journal and the San Diego Business Journal (2005, 2009), as well as the Boston Globe (2008).

“Commonwealth was founded on a unique dual vision that still holds true today: to be the best at everything we do and to maintain a supportive environment where all of our people can thrive,” said Wayne Bloom, Commonwealth CEO. “We understand that the success of our organization—and that of our advisors—depends on the investment we make in the success of our employees.”

In March 2012, for the second time in a row, Commonwealth was ranked “Highest in Independent Advisor Satisfaction Among Financial Investment Firms” by J.D. Power and Associates.

About Commonwealth Financial Network

Founded in 1979, Commonwealth Financial Network, member FINRA/SIPC, and a registered investment adviser, is the nation's largest privately held independent broker/dealer, with headquarters in Waltham, Massachusetts, and San Diego, California. J.D. Power and Associates ranks Commonwealth “Highest in Independent Advisor Satisfaction Among Financial Investment Firms” two times in a row*. The firm supports more than 1,400 independent registered representatives nationwide and makes available a comprehensive array of financial products and services. For more information, please visit www.commonwealth.com.

*Commonwealth Financial Network received the highest numerical score in the independent advisor segment in the proprietary J.D. Power and Associates 2010 and 2012 Financial Advisor Satisfaction Studies^SM. The 2012 study was based on nearly 2,800 total responses and measures overall financial advisor satisfaction among advisors registered with Financial Industry Regulatory Authority (FINRA) investment firms. Proprietary study results are based on experiences and perceptions of financial advisors surveyed between November 2011 and January 2012. Your experiences may vary. Visit jdpower.com.