Pros
At its best, Commonwealth strives to do the right thing by its advisors and employees. The friendliness and caring among employees is mostly genuine. The bonus plan and 401K matching are both pretty generous.
Cons
Commonwealth's history of success is also what's keeping it firmly in the past, with senior leadership and partners refusing to acknowledge the changing technology and employment landscape. The return-to-office process has been chaotic, disregarding employee feedback, all under the guise of "better together", a sentiment not shared by most employees. The company is still run like an "old boys club" with almost zero diversity in leadership and partner positions. Many decisions seem to be pursued or justified because someone FEELS a certain way, regardless of what historical data or business trends suggest. While this worked when the company was a quaint, boutique shop, it is getting in the way of scaling a billion dollar operation. Too many middle managers and "VPs" that have one direct report in some departments and not enough people doing the work in areas that need dire help like technology and marketing.