Does Commonwealth Financial Network pay their employees well?

According to anonymously submitted Glassdoor reviews, Commonwealth Financial Network employees rate their compensation and benefits as 3.7 out of 5. Find out more about salaries and benefits at Commonwealth Financial Network. This rating has decreased by 2% over the last 12 months.

How satisfied are employees working at Commonwealth Financial Network?

69% of Commonwealth Financial Network employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Commonwealth Financial Network 4.1 out of 5 for work life balance, 4.0 for culture and values and 3.4 for career opportunities.

What are the top reviewed jobs at Commonwealth Financial Network?

New Accounts Associate (15) , Operations (13) , Intern (10) , Analyst (8) , Financial Advisor (6) , Operations Support Specialist (6) , Associate (5) , Help Desk Technician (5) , Project Manager (5) , Supervisor (5) , Vice President (5) , Consulting Fees Specialist (4) , Director (4) , Internship (4) , Manager (4)

What are the pros of working at Commonwealth Financial Network according to real employee reviews?

"Great culture and perks." ((in 72 reviews)); "The company’s benefits and culture are great." ((in 29 reviews)); "The overall atmosphere was great and everyone seemed friendly" ((in 23 reviews)); "Great company culture" ((in 15 reviews)); "Employees are friendly, fun, and proud of their work." ((in 13 reviews))

What are the cons of working at Commonwealth Financial Network according to real employee reviews?

"Pay is low for industry." ((in 35 reviews)); "Low salary and not able to work remotely" ((in 12 reviews)); "Upper management sold out and all of that was lost." ((in 10 reviews)); "If they dangle a 20% bonus in front of you as part of their offer package, don't be fooled." ((in 9 reviews)); "My word of advice: "People leave bad managers, not bad companies."" ((in 8 reviews))

What are employees saying about Commonwealth Financial Network redundancies in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Commonwealth Financial Network redundancy and their outlook for job security at Commonwealth Financial Network in 2026.

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Commonwealth Financial Network

Commonwealth Financial Network Reviews

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4.0

69% would recommend to a friend

(341 total reviews)

Wayne Bloom

63% approve of CEO

45% positive business outlook

Ratings by category

4.1

Work/Life balance

4.0

Culture and values

3.9

Diversity and inclusion

3.7

Compensation and benefits

3.4

Career opportunities

3.1

Senior management

Commonwealth Financial Network has an employee rating of 4.0 out of 5 stars, based on 341 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Commonwealth Financial Network employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

341 reviews

2.0

3 Jun 2026

Company culture diminished after LPL purchase

Operations

Recommend

CEO approval

Business outlook

Pros

We get free bagels on Mondays

Cons

LPL purchase has changed everything that made the company great. Used to be a tight nit company with great perks and benefits. Upper management sold out and all of that was lost. Most of the employees feel betrayed, and so do the advisors. Within 2 years CFN will be entirely absorbed and the company we once knew will no longer exist

5.0

14 May 2026

Still a great company

Operations

Recommend

CEO approval

Business outlook

Pros

Honestly CFN has been the best job of my life. Despite the acquisition of LPL I still think my direct manager is very supportive and there for our team. The work life balance (for now) is still great. My WFH days to help a lot. Even though some people feel bearish of the future of CFN I remain a bit hopeful. I truly hope LPL does allow us to remain a separate subsidiary permanently as our culture is quite unique. So far the M&A has not been too bad on us and in my opinion things are leaning toward the positive.

Cons

LPL acquisition should have never happened . Certain tenured folks have favoritism which is inappropriate

3.0

23 Apr 2026

Uncertain future

Consulting fees specialist

Recommend

CEO approval

Business outlook

Pros

Flexibility, PTO & bonuses are nice,

Cons

Some uncertainty with the merger with LPL. A bit disorganized and management is lacking

Viewing 1 - 3 of 341 Reviews

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Jobs at Commonwealth Financial Network

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Advisory Consultant, RIA Services

Advanced Planning Consultant

Waltham, MA

US$120K - US$180K /yr

(Employer provided)

View job

Senior Financial Advisor, House Accounts

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Commonwealth Financial Network Reviews

Ratings by category

Reviews by job title

Company culture diminished after LPL purchase

Still a great company

Uncertain future

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