Commonwealth Financial Network ranks “Highest in Independent Advisor Satisfaction Among Financial Investment Firms,” four times in a row
Raleigh, NC (September 10, 2014) — For the fourth time running, J.D. Power ranks Commonwealth Financial Network® “Highest in Independent Advisor Satisfaction Among Financial Investment Firms.”
Commonwealth is the largest privately held independent broker/dealer–RIA in the United States. LifeTime Asset Management of Raleigh, NC, an independent Financial Planning practice, has been affiliated with Commonwealth since 1995.
In the J.D. Power 2014 U.S. Financial Advisor Satisfaction Study℠, Commonwealth received its highest ever overall satisfaction score of 954 on a 1,000-point scale, compared with an industry average of 778, and outpaced the next-highest-ranked firm by 41 points. Commonwealth’s score of 954 equates to “among the best” in the JDPower.com Power Circle Ratings™ .
Commonwealth achieved the highest score in all seven key drivers of advisor satisfaction— advisor/professional support, client/customer-facing support, compensation, firm leadership, operational support, problem resolution, and technology support—according to J.D. Power.
“To be the highest-ranked firm in the independent channel four consecutive times is truly humbling and remarkably gratifying,” said Commonwealth CEO Wayne Bloom. “We believe that this award is the culmination of our continuous investment in service excellence, the commitment of a dedicated team who shapes the Commonwealth culture, and our focus on fully listening to those whom we serve, particularly the professionals at LifeTime Asset Management, so we can best serve them.”
Bloom continued, “We attribute our strong performance to our advisors—we are grateful not only for their commitment and support, but also for their partnership, which truly helps us improve. We depend on Guy Swain, CFP®,CLU, ChFC and Matthew D. Glova, CFP®, CLTC to actively let us know what benefits their practice and clients, and they rely on us to deliver just that. We are pleased to be their trusted and valued independent broker/dealer–RIA, and we are motivated to continue on this upward trajectory.”
“We are proud to be associated with a broker/dealer–RIA that holds such high service standards,” said Guy Swain, CFP®,CLU, ChFC and Matthew D. Glova, CFP®, CLTC, Principals of LifeTime Asset Management. “Knowing that LifeTime Asset Management is supported by Commonwealth— a company that prioritizes advisor satisfaction and shares our commitment to the success of our firm and the satisfaction of our clients—enables us to focus on our clients. We know and trust that our business is fully backed by a robust and compassionate team.”
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.