Commonwealth Financial Network

  www.commonwealth.com
  www.commonwealth.com

Commonwealth Financial Network Reviews

51 Reviews
4.1
51 Reviews
Rating Trends

Recommend to a friend
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Peter Wheeler
35 Ratings
  1.  

    An Enjoyable place to work, but challenging when comments about improvements were given.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Waltham, MA
    Former Employee - Anonymous Employee in Waltham, MA

    I worked at Commonwealth Financial Network full-time (less than an year)

    Pros

    Great salary and bonus packages. Constant training programs that assist employees growth and learning, and great atmosphere in the office. The office location is near the T so it's easy accessible, and the building is great and well designed. Friday Bagels and beer on Fridays is great for the community.

    Cons

    Some department heads need to be open to ideas and innovation that can help the growth of the company. Not open to accept immediate change that can help improve processes and procedures which can have immediately impact the quality of services provided. If you don't accept or contradict their thoughts you will not have a job for long.

    Advice to ManagementAdvice

    Start listening to those who come in to help and not to destroy the culture. Don't ignore or shut down their ability to provide ideas that will help improve service. Move on from the saying "If it ain't broken don't fix it!" We are in the 21st Century in which Ideas and thoughts need to be heard even if you don't want to use them.

    Recommends
    Neutral Outlook
    Approves of CEO

Commonwealth Financial Network Interviews

Updated Aug 15, 2014
Updated Aug 15, 2014

Interview Experience

Interview Experience

40%
20%
40%

Getting an Interview

Getting an Interview

45%
40%
15%

Interview Difficulty

2.8
Average

Interview Difficulty

Hard

Average

Easy
  1.  

    Trainer Interview

    Anonymous Employee in Waltham, MA
    Anonymous Employee in Waltham, MA
    Application Details

    I applied online. The process took a weekinterviewed at Commonwealth Financial Network.

    Interview Details

    The process itself was very easy. There was a phone screening with the company recruiter. I was then invited for an on-site interview. Everyone was extremely friendly and the company is rated very high by its employees. It would have been a great opportunity, but unfortunately it wasn't to be. I have a couple of complaints about my experience. First, they asked for my date of birth right before I interviewed which I declined to give for obvious reasons.They made some lame excuse about needing it for my background check because they are an advisory firm. I have never had to provide this information prior to being hired and I have been in the securities industry my whole career. I am still in shock about that one. The other complaint that I have is that I never heard another word from them about the job after the interview (not even a robot reject email). I followed up with everyone that I met with the very next day to thank them for their time. I find this to be inconsiderate and a bit classless. There is no excuse for such rudeness and it totally negated my initial impression of what a great group of people they were. It takes two minutes to fire off a rejection email or make a phone call.

    Interview Questions
    • Basic assessment questions related to the job itself. I appreciated not having to answer all those behavior questions like, "what is your greatest weakness?" They do have you fill out a psychometric test just prior to going into the interview.   Answer Question
    No Offer
    Negative Experience
    Easy Interview

Commonwealth Financial Network Awards & Accolades

Something missing? Add an award
Top Places to Work Globe 100 (#6), Boston Globe, 2009
Top 100 Best Places to Work in IT, ComputerWorld, 2009
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Additional Info

Unlock Profile
Website www.commonwealth.com
Headquarters Waltham, MA
Size 150 to 499 Employees
Founded 1979
Type Company - Private
Industry Finance
Revenue $25 to $50 million (USD) per year

If it were up to Commonwealth Equity Services we'd all have this in common -- wealth, that is. Better known as Commonwealth Financial Network, the independent broker-dealer provides investment products and services to a network of more than 1,300 independent financial advisors throughout the US. It has about $50 billion in assets under management. Commonwealth Financial Network provides access to such financial products as stocks, bonds, mutual funds, annuities, investment trusts, life and long-term care insurance, retirement plans, CDs and money market accounts, and... More

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Commonwealth Financial Network

 
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