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Commonwealth Financial Network

Engaged Employer

Commonwealth Financial Network reviews

3.8

57% would recommend to a friend

(345 total reviews)

Wayne Bloom

54% approve of CEO

37% positive business outlook

Commonwealth Financial Network has an employee rating of 3.8 out of 5 stars, based on 345 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).

Reviews by job title

345 reviews
2.0
Oct 23, 2015

Gone downhill

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

When I first started working there the culture was great, friendly, fun, work hard, play hard. They truly seemed to value their employees. But over the years, the CEO position changed hands and the new CEO put a lot of stress on the upper management who, in turn, trickled it down to the underlings. (by the way, the CEO referenced on this website is not the CEO, he is the Vice Chair)

Cons

Way too much emphasis on after hours drinking, with the partners being the worst offenders. I'm surprised most of them have not be pulled over for OUI. Over the years my supervisors changed. The last one was a bully. If you complained to her supervisor and she spoke to my supervisor, the repercussions were not pleasant. They required you to be available for extra curricular activities, including weekends and indeed, were rated on your participation in your semi-annual review. The upper management people were under total stress from the CEO. My supervisor was never available for information or advice on a project and most of the time wasn't even aware of what my assignments from other people were. I can't tell you how many times I went to her or those above her with questions on a project and got "I can't talk to you now. I'm too busy", and of course never found the time to answer my questions but yet I was still required to accomplish my task on time and efficiently. There are way too many relatives there. If you have a problem with one of them, good luck. They will always come out ahead.

5.0
Oct 2, 2015

Great Culture

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

My experience there made me love working. I love the culture they have created in the office and gave interns real work.

Cons

none at all- great company

5.0
Aug 26, 2015
Recommend
CEO approval
Business Outlook

Pros

Best BD I have ever worked with. 18 years in Industry and worked with insurance company, then regional and finally Indie. people from management through customers service reps really care. It shows. Tech is very strong as is flexibility and fee based platform is fantastic with great incentives and support to grow. Awesome people!!

Cons

I think for regular W-2 employees growth becomes limited for all but the best as they are so selective now with bringing in new FA's that their is not as much need for a lot of new employees which allows for more senior employees to be promoted.

Viewing 286 - 288 of 345 Reviews

Glassdoor has 441 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.