employer cover photo
employer logo
employer logo

Commonwealth Financial Network

Engaged Employer

Old, stale leadership - poor pay - no career advancement - Anonymous employee Commonwealth Financial Network Employee Review

2.0
Aug 18, 2024
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

People are awesome and the technology is decent enough.

Cons

If they dangle a 20% bonus in front of you as part of their offer package, don't be fooled. Hardly anyone gets 20% due to shady changes leadership made last year to make it impossible CEO and partnership are mostly older white men, very little diversity. Pay is extremely low for a company with a rigid 3 days in-office policy in the most expensive state to live and work in, most expensive state for child care and worst state in the country for traffic. The Waltham, MA office requires one of the worst commutes to get to. It's nowhere near Boston and is a very dated work environment. Furniture is old and falling apart, workstations are all open making it loud and impossible to focus or take calls. There are very few opportunities for employees to advance or grow into higher paid positions, but managers will happily give you more work and make excuses for shoddy bonuses and no title change. You have to be fingerprinted and background checked to work there. Bureaucracy and poor technology partners make progress challenging. Lots of wasteful, nonsensical spending. They're moving even farther west of Boston to a nicer office that will be even harder for most employees to get to and from. They should go to Boston instead. Most employees are quietly miserable. Overall, the leadership is stuck in the past, refuses to embrace and evolve with workforce trends. I don't miss working there.

Explore other reviews about Commonwealth Financial Network

5.0
Jul 14, 2026
Recommend
CEO approval
Business Outlook

Pros

Greatest place for co-op experience

Cons

Nothing to report here folks

2.0
Jul 15, 2026
Recommend
CEO approval
Business Outlook

Pros

Benefits, work/life balance, hybrid schedule, travel

Cons

Sold to LPL financial, lack of transparency.

See reviews by: Helpful|Rating|Date|All