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      Commonwealth Financial Network

      Engaged Employer

      Commonwealth Financial Network reviews

      3.8

      57% would recommend to a friend

      (128 total reviews)

      Wayne Bloom

      54% approve of CEO

      37% positive business outlook

      Ratings by category

      3.9

      Diversity & inclusion

      3.8

      Culture & values

      3.8

      Work/Life balance

      3.3

      Compensation and benefits

      3.2

      Career opportunities

      2.8

      Senior management

      Ratings by demographic groups

      Reviews by job title

      128 reviews

      Reviews about "Compensation"

      Return to all reviews
      1.0
      Jan 29, 2024

      Upper Management has Lost the Plot

      Supervisor
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great workers making the best of a bad situation

      Cons

      It is extremely frustrating to manage a team when I feel like I'm being undermined by upper management. Our employees will not be getting the bonus they deserve because of an obtuse advisor satisfaction rating. We all know the rating system is garbage and yet our bonuses depend on it. On top of that, we can't even hire the talent we need due to constant hiring freezes. Lately, the new office in Ohio has been the justification for a hiring freeze. Our workers aren't dumb and they are starting to get jaded and demoralized by the choices made by upper management.

      4.0
      Jan 26, 2024

      Former employee

      Administrator
      Recommend
      CEO approval
      Business Outlook

      Pros

      good company culture, lots of activities and training/classes you can take for professional development. Great only if you have a good manager/supervisor.

      Cons

      Huge pay gap between men/women as well as partners and the rest of the employees.

      1.0
      Nov 19, 2023

      Should be business case on how leadership has turned into a disaster

      Vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      Some really great employees and free snacks.

      Cons

      Leadership is a disaster. They managed to turn a great place to work into awful environment. Partners/CEO/President are clueless. It’s been downhill since they rolled out their tech company. Sold their souls! Technology is a disaster, projects are not moving, Corp strategy is a bunch of clowns. SVPs care about no one but themselves. Awful pay, bonus structure is ridiculous. Stock options have peaked and going no where. Advisors/clients are unhappy. The newest strategy of trillion dollar growth is obviously just ploy to sell. Prospect employees and advisors STAY AWAY! They do not care about employees and it shows!

      Viewing 28 - 30 of 128 Reviews
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      ReviewsCommonwealth Financial Network reviews

      Glassdoor has 440 Commonwealth Financial Network reviews submitted anonymously by Commonwealth Financial Network employees. Read employee reviews and ratings on Glassdoor to decide if Commonwealth Financial Network is right for you.