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      Commonwealth Financial Network

      Engaged Employer

      Commonwealth Financial Network reviews

      3.8

      57% would recommend to a friend

      (344 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

      Commonwealth Financial Network has an employee rating of 3.8 out of 5 stars, based on 344 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 Financial Services industry (3.7 stars).

      Ratings by demographic groups

      Reviews by job title

      344 reviews
      2.0
      Jul 19, 2023

      Ehh

      Cashiering
      Recommend
      CEO approval
      Business Outlook

      Pros

      Non in cashiering unless you are maybe fresh out of college looking to work in finance.

      Cons

      No upward mobility within department unless you're in their little group of buddies. Clear history of racial discrimination that's gone unchecked. Pay is low compared to other ops departments Cashiering is split up into 3 sub departments that nobody understands outside of the department. Creates a lot of confusion for interactions with reps and internal.

      3.0
      Jul 19, 2022

      Enjoyable place to work

      Analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great culture, people, and benefits. Salary is a bit under market, but they are working to fix this. Every supervisor I've had has been fantastic. Good place to begin a career, especially in Financial Services

      Cons

      Salary under market, which they try to make up for with a variable bonus that is completely dependent on Advisor's satisfaction and not team/ individual performance. Company trailing in the wrong direction. Trying to triple growth in 10 years, without the back office support to match. Used to be fun and laid back, now there are too many advisors and not enough home office staff to counter. Often leaving people stressed, overworked, and fearful to take time off.

      1.0
      Nov 16, 2016

      Poor experience

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      The jobs are straightforward, not very challenging (not sure if this is a pro), and there's steady money.

      Cons

      I worked in the marketing department, where there is little room for advancement or professional development. While many gush about the wonderful culture, I didn't find it in the marketing department where the turn over was very high and there was a lot of unhappiness. It seems like a good place to work as long as you're not in the marketing department.

      Viewing 37 - 39 of 344 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.