{ "media_type": "text", "post_content": "Is Commonwealth good as advertised??\nIt just seems to good to be true. ( all the top ratings in JD Power etc)\nEdward Jones also has excellent J.D. Power scores but we definitely have issues.........", "post_id": "5d43b8782243bd001c11a743", "reply_count": 14, "vote_count": 0, "bowl_id": "5ac7151f848b740013523fd1", "bowl_name": "Leap to Independence (True Hybrid)", "feed_type": "bowl" }

Is Commonwealth good as advertised?? It just seems to good to be true. ( all the top ratings in JD Power etc) Edward Jones also has excellent J.D. Power scores but we definitely have issues.........

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25 bps platform charge was the most glaring but they were on my top 3 when I made my move.

United Planners allows Schwab, TDA, and Fidelity with no platform fee. Check them out if you’re still looking.

I was considering Commonwealth Avenue in point, from what I read and my interactions with them, they are a good independent shop. However, I’ve always had my own skepticism about any company that is privately owned, because previously working at Edward Jones, I knew they can change the rules as they went along.

Can’t a public one do that too?!


Thanks for feedback RJ. Any company can change things tho. Think about the wire houses. They change Comp plans every few years. Pros and cons either way. I visited RJ, very solid firm, has good name etc. from a service standpoint and technology, CW seems much stronger. The trade off is RJ is a good name with a solid reputation. How long since you jumped, and did they harass you ?

Is EJ as good as advertised? There is always something that could be better, is better, would be better, but that is only a snapshot in time. If you want the control and feel you can handle the compliance, technology, etc, then RIA is the way to go. Keep in mind that one reason that things change at the BD’s is because policies force compliance changes, technology changes force companies to change. That won’t change as an RIA, but you have more control, a higher payout and freedom and flexibility. EJ is a fine company, Commonwealth is a fine company, RJ is a fine company. Moving from one home to the next is a lot of work and expense, but it does allow a purge of all the things you don’t need. Moving firms can be similar, but my guess is you will lose some clients you thought would never leave you as well Each firm will make changes, send out directives, and ebb and flow in the BD space.

What’s your point riskalyze?

Thanks !! Great feedback

Where are you located?

Commonwealth is good at getting a $250K producer to the $750K mark. After that, you’re paying for a bunch of bells and whistles you don’t need anymore. IMHO

What is the next move after that ?

Additional Posts

14:36 gmt 😀

Ahh it is posting but into middle of feed as opposed to top.


Nice! The post animation looks good!


This is looking great!

Yeah you're right. It cuts after two lines instead of expanding.


Post for push testing


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First post! Woot!

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Testing for sound!

Part of the crowd. The briefcase doesn't show in post details though.


test post from test


Long flight ahead - not sure if I am more excited about the vacation or the sky miles!


Funny how some firms have analysts at entry level that then get promoted to consultants, and others vice-versa. Wonder if it affects exit-opportunities at all 😛


How many of you have taken adderall for work before?


When you find yourself contemplating how to get yourself fired and land a sweet severance package. You know you've been at it too long.


If your company decided to withhold travel rewards (miles, points, etc.) would it be enough for you to quit?


Delta offered me Amex gift card for $800 and I accidentally selected Delta gift card. Anyone I can fix it or get it replaced? Or Anyone wants to buy it?


In order to increase the engagement levels, let's fill out this Excel sheet.


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