Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Practice Management > Building Your Business

Commonwealth Ranked Best Place to Work for Women

X
Your article was successfully shared with the contacts you provided.

Commonwealth Financial Network was ranked the best place for women to work by the Boston Globe. The firm ranked highest in opportunities for women in the United States, based on responses from women in management positions at the firm, according to the Globe. Commonwealth also ranked highest in the diversity category.

Additionally, Commonwealth was ranked the second best midsize company to work for in Massachusetts. It was beaten out by Hill Holliday, an advertising and marketing firm in Boston.

“There is no confusion that our employees are our most valuable asset,” Wayne Bloom (left), Commonwealth's CEO, said in a press release. “We’ve always understood that in order to provide indispensable service to our advisors, we would first have to create a satisfying and engaging environment for our staff.”

In October, J.D. Power and Associates ranked Commonwealth, based in Boston, highest in independent advisor satisfaction among broker-dealers.

Bloom said the company has continued to invest in employee development over the last two years, by offering employee mentor program and tuition reimbursement, as well as sponsoring FINRA registrations.

“We aim to provide our advisors with the highest level of service from home office staff that is supported at every level,” he added.

The Globe surveyed 236 employers with 82,000 respondents. Employers were measured based on the direction the company is taking, execution of strategy, managers, career opportunities, work conditions, and, of course, pay and benefits.

Top Companies for Women

  1. Commonwealth Financial Network
  2. Bingham McCutchen
  3. Analysis Group
  4. Eastern Research Group
  5. Hill Holliday

Top Companies for Diversity

  1. Commonwealth Financial Network
  2. Bright Horizons Family Solutions
  3. MITRE Corp.
  4. Lowell General Hospital
  5. Hill Holliday

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.