Investment Advisory Services
Commonwealth Financial NetworkAbout
Important information
- Pending Government Action:Government Action: BBB reports on known government actions involving business’ marketplace conduct:US Securities & Exchange Commission vs. Commonwealth Equity Services, LLC
The following describes a pending government action that has been formally brought by a government agency but has not yet been resolved. We are providing a summary of the governments allegations, which have not yet been proven.
On 8/1/2019 the US Securities & Exchange Commission (SEC) announced that it had charged Commonwealth Equity Services, LLC with failing to disclose material conflicts of interest related to revenue sharing Commonwealth received for certain client investments.
About This Business
Business Details
- BBB File Opened:
- 1/1/1979
- Business Started:
- 1/1/1979
- Business Incorporated:
- 8/1/2017
- Type of Entity:
- Corporation
- Alternate Names:
- Commonwealth Equity Services, LLC
- Business Management:
- Mr. Wayne Bloom, CEO
- Mr. Joseph Deitch, Founder
- Mr. Brian Sullivan, Chief Marketing Officer
- Ms. Stephanie Pearson, Paralegal
- Number of Employees:
- 1150
Additional Contact Information
- Principal Contacts
- Mr. Wayne Bloom, CEO
- Mr. Brian Sullivan, Chief Marketing Officer
- Customer Contacts
- Mr. Trap Coleman, President/COO
- Mr. Kol Chu Birke, Managing Principal
- Mr. Brian Sullivan, Chief Marketing Officer
- Ms. Stephanie Pearson, Paralegal
- Fax numbers
- Other Fax: (781) 529-9297
- Additional Phone Numbers
- Other Phone: (781) 736-0700
- Other Phone: (877) 347-1982
- Other Phone: (619) 471-9700
Licensing information
This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
Additional Information
- Other Resources
- Massachusetts Securities Division
Massachusetts Securities Division
Boston MA 02108
Phone Number: 617-727-3548; 800-269-5428
Fax Number: 617-248-0177
http://www.sec.state.ma.us/sct/sctidx.htm
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- Investment Advisory Services
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