To all our valued clients:
You recently received a notice of a coming announcement from Commonwealth Financial Services. Today we are very excited to share more details about that coming change.
We formed this company 20 years ago on the foundational goal of being able to offer you the best client service, with the freedom to offer the most appropriate investment products and financial planning services without influence from others. To fully realize this goal, we will be registering our firm with the SEC as a Registered Investment Advisory Firm. This will require us to separate from Arbor Point Advisors and Securities America. This will be effective April 1st, 2023.
What won’t change; our name, your advisor, our location and contact details, and your fees will all stay as they are now.
You will have one web portal to see everything you have with us. We will have more flexibility and access to investment opportunities. Our systems will be fully integrated and will only require us to enter your data one time not multiple times like we currently are required. We have been working hard to make your life simpler!
To realize these benefits, we will be working closely with Charles Schwab primarily as they are the clear market leader for companies like ours. We are required to provide you with the attached notice in order to begin this process.
This change will require your signature for the new forms to either transfer the account or to allow us to remain your advisor, which we will have signature ready along with our new ADV and other required documents. If we have an email address on file, you will receive these forms via e-mail. If not, these forms can be signed in person or by mail. We plan to have this paperwork to you on or before April 1. Be on the lookout for more details from us in the coming months.
Our commitment to maintaining independence, adhering to the fiduciary standard, and always striving to put clients’ interests first while providing exceptional personalized service, will only become stronger with this next step.
Again, thank you for your support. We are excited about the next chapter in our relationship with you. If you have any questions, please do not hesitate to reach out at any time.
All the best,
Commonwealth Financial Services