Commonwealth Adds $1.4B Team

Explaining why the team decided to move to Commonwealth, Witzel said in a statement: “Feel, fit, financials, and future direction are core components of our decision-making process. Commonwealth’s service-oriented culture feels in sync with ours.”

He added: “The breadth and depth of resources, from the technology enhancements and interface to the Commonwealth team being readily available to answer our questions, make this a good partnership. Together, this will enable us to unleash even greater productivity and efficiency as we look to the future.”

“For the whole team, it’s all about connectivity with Commonwealth. We have the infrastructure in place — so if we can operate smarter and faster to deliver better outcomes for our clients, that’s a big win,” Witzel explained.

Commonwealth, which has headquarters in Waltham, Massachusetts, and San Diego, California, now works with some 2,000-plus independent financial advisors across the U.S., it said.

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