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Commonwealth Financial Network

WALTHAM, MA

CRD: 8032

In network coverage since October 5, 2026 · 16+ stories

$213BRegulatory AUMSEC Form ADV · Oct 17

4,200EmployeesForm ADV

-15Talent net · 12 months0 in · 15 out

Regulatory AUM · Aug 16 – Oct 17

Observed recruiting events · 12 monthsOn the wire →

Net -15 · 0 incoming events · 15 outgoing events

Arrivals

None tracked.

Departures

Sean Montgomery, Scott Miller, Matt Dupon

Aug 12 · to Merit Financial Advisors

Aug 13 · to Summit Financial Networks

Tucker Bria Wealth Strategies

Aug 13 · to Summit Financial Networks

Severn Wealth Management

Aug 27 · to Cetera Financial Group

Six wealth management teams

Aug 27 · to New RIA

Sep 11 · to &Partners

Network coverage

move

Kintra Wealth adds Scott Seymour's $355M practice to advisor-owned platform

Seymour, registered with Commonwealth for seven years, joins as partner and will use Kintra's shared operations, compliance and investment staff.

Moves · Oct 22Kintra Wealth adds Scott Seymour's $355M Great Scott practice

Moves · Oct 21LPL names Ken Hullings head of advisor recruiting

Moves · Oct 20Osaic recruits ICG next's $2.3 billion New Jersey team from LPL

Moves · Oct 14LPL adds $1B Seattle team from Northwestern Mutual; Raymond James recruits $350M Georgia practice

Moves · Oct 12UBS leads 30-day advisor departures; Cetera Planning Partners leads arrivals

Features · Oct 12Wells Fargo FiNet logs 11-advisor team liftout from Ameriprise

Features · Oct 11Scott Hardy team leaves Commonwealth Financial Network for Summit Wealth Group with $189 million

M&A · Oct 8Merit Financial Advisors buys $1.1B Moldenhauer & Associates in 12th deal of 2026

exit · Oct 8Merit Financial acquires $1.1B Orchard Park advisory practice

M&A · Oct 7Merit Financial buys $1.1B Buffalo-area RIA, its 10th ex-Commonwealth practice

M&A · Oct 7Merit Financial buys $1.1B New York practice, its 10th Commonwealth team

Moves · Oct 7Cetera recruits Commonwealth advisor Cynthia Doussard, $235M AUA

the_wrap · Oct 5Cetera and LPL add teams from Commonwealth and Cambridge on the same day

the_wrap · Oct 5Three advisor teams land at Cetera, LPL and Wells Fargo FiNet

the_wrap · Oct 5Five breakaway teams land on independent platforms; Fitzgerald Financial discloses $185 million

THE DESK BRIEF

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