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Commonwealth Financial Network

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Growing Pains - Avis employé Employé (anonyme) Commonwealth Financial Network

3,0
19 oct. 2016
Employé (anonyme)
Recommande
Approbation du PDG
Perspective commerciale

Avantages

Flexible hours, remote work, and PTO. Good work/life balance. Great benefits, 401k, stock options, and annual bonus. Great culture sets them apart from typical corporate / financial services industry. Senior management is very passionate about creating an indispensable service for their financial advisors and clients. Employees are friendly, fun, and proud of their work. Employees are encouraged to explore opportunities to grow, and are allotted a large training budget.

Inconvénients

Employee count increased substantially in recent years and the company has experienced considerable growing pains as a result. Lack of policies, procedures, and infrastructure in place to accommodate growth. IT continues to struggle in transitioning from small-scale to large-scale operations, negatively impacting the company's ability to innovate, move quickly, and remain competitive. Lack of cohesive vision and direction has polarized the IT department. Salary has historically been below regional and industry standards. Annual bonus numbers are seemingly pulled out of a hat.

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5,0
14 mai 2026
Recommande
Approbation du PDG
Perspective commerciale

Avantages

Honestly CFN has been the best job of my life. Despite the acquisition of LPL I still think my direct manager is very supportive and there for our team. The work life balance (for now) is still great. My WFH days to help a lot. Even though some people feel bearish of the future of CFN I remain a bit hopeful. I truly hope LPL does allow us to remain a separate subsidiary permanently as our culture is quite unique. So far the M&A has not been too bad on us and in my opinion things are leaning toward the positive.

Inconvénients

LPL acquisition should have never happened . Certain tenured folks have favoritism which is inappropriate

2,0
3 juin 2026
Recommande
Approbation du PDG
Perspective commerciale

Avantages

We get free bagels on Mondays

Inconvénients

LPL purchase has changed everything that made the company great. Used to be a tight nit company with great perks and benefits. Upper management sold out and all of that was lost. Most of the employees feel betrayed, and so do the advisors. Within 2 years CFN will be entirely absorbed and the company we once knew will no longer exist

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