Commonwealth Financial Network ranks “Highest in Independent Advisor Satisfaction Among Financial Investment Firms,” twice in a row
Raleigh, North Carolina (August 2012) — For the second times in a row, J.D. Power and Associates ranks Commonwealth Financial Network® “Highest in Independent Advisor Satisfaction Among Financial Investment Firms.”
Commonwealth is the largest, privately held independent broker/dealer in the United States. Lifetime Asset Management of Raleigh, North Carolina, an independent Financial Planning practice, has been affiliated with Commonwealth since 1995.
Commonwealth received five out of five JDPower.com Power Circle Ratings, equating to “among the best” in seven of the eight key drivers of satisfaction—firm performance, people, technology, compensation, contact, job duties, and product offering for clients—according to J.D. Power and Associates.
“We are honored and humbled to be the highest-ranked firm among independent advisors two times in a row,” said Commonwealth CEO, Wayne Bloom. “We thank all our advisors, particularly the professionals at Lifetime Asset Management, for honoring us with a partnership that helps to serve their clients. They’re working hard every day to satisfy the people who depend on them, and it helps inspire us to do the same for them.”
Commonwealth received an overall satisfaction rating of 917 on a 1,000-point scale, compared to an industry average of 774, and performed particularly well in factors of job duties, firm performance, and technology.
“Commonwealth consistently delivers world class service, which we can then pass on to our clients,” said Guy Swain CFP®, CLU, ChFC, & Matthew Glova CFP®, CLTC of Lifetime Asset Management.
About LifeTime Asset Management
LifeTime Asset Management has been providing individuals and organizations with financial guidance for over 30 years. Located at 7008 Harps Mill Rd, Suite 101, Raleigh, NC 27615, the firm prides itself on crafting unique strategies for each client. For more information, please visit www.lifetimeasset.com. Securities and Advisory Services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed Insurance products and services offered by LifeTime Asset Management, LLC.
About Commonwealth Financial Network
Founded in 1979, Commonwealth Financial Network, member FINRA/SIPC, is the nation’s largest privately held independent broker/dealer–RIA, with headquarters in Waltham, Massachusetts, and San Diego, California. J.D. Power ranks Commonwealth “Highest in Independent Advisor Satisfaction Among Financial Investment Firms, Four Times in a Row.” The firm supports more than 1,487 independent advisors nationwide in serving their clients as registered representatives, investment adviser representatives, and registered investment advisers, as well as through hybrid service models. 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℠. 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.