Updated: Jan 22
(October 19, 2015)— BUSINESS WIRE — Award-winning financial services firm Pickler Wealth Advisors (PWA) has selected Commonwealth Financial Network®, the nation’s largest privately held independent broker/dealer–RIA, as its broker/dealer. PWA is an independent wealth advisory firm recognized for its standard of excellence. Formerly affiliated with LPL Financial, founder David A. Pickler, JD, ChFC®, CFP®, and partner Teresa J.W. Bailey, CFP®—along with their team—bring with them in excess of $250 million in client assets.
PWA builds strong, lasting partnerships with clients to achieve their financial and life goals. A 33-year industry veteran, more than 80 percent of David Pickler’s clients have been with him for at least 10 years, predating the launch of PWA. The firm offers the full spectrum of financial planning services, including portfolio management, strategic asset allocation, income strategies, estate management, tax planning, insurance needs analysis, family wealth and estate planning, and retirement planning.
“We are very pleased with the product solutions, service independence, and advisor technology innovation that Commonwealth offers PWA and our clients,” said David A. Pickler, president and CEO. “Ensuring that we meet a world-class standard of excellence is important to us, and after close scrutiny of Commonwealth’s record of success, we take great pride in joining forces. They, like us, believe in the power, promise, and potential of good corporate citizenship—that by helping people and communities, we ‘do well by doing good.’”
“We chose to affiliate with Commonwealth because they bring the support and resources we need to strategically take our business to the next level while reflecting our ethos and values,” said Teresa J.W. Bailey, executive vice president and senior planning partner. “The leading-edge technology Commonwealth offers, in tandem with its expert Practice Management team, will improve our client experience and fuel our growth strategy.”
“I am pleased to welcome the team at Pickler Wealth Advisors to our network of independent advisors,” said Andrew Daniels, managing principal, business development. “By partnering with Commonwealth, the PWA team will benefit from our investment resources; intuitive, easy-to-use technology; business consulting; and compliance and legal support—allowing them to invest more time and focus on the wealth management of their clients and less on the functionality of their practice.”
PWA attracts top industry accolades, with David A. Pickler named in 2015 to the Financial Times 400 Top Financial Advisors list* and cited twice by Barron’s** as among the top advisors in the state of Tennessee. The growth-focused firm combines advisory excellence with community engagement, and is dedicated to achieving the financial goals of the clients it serves.
About Commonwealth Financial Network
Founded in 1979, Commonwealth Financial Network, member FINRA/SIPC, is the nation’s largest privately held independent broker/dealer–RIA, with headquarters in Waltham, Massachusetts, and San Diego, California. The firm supports approximately 1,600 independent advisors nationwide in serving their clients as registered representatives, investment adviser representatives, and registered investment advisers, as well as through hybrid service models. For more information, please visit www.commonwealth.com.
*The Financial Times 400 is based on each advisor’s performance in six primary areas: assets under management, asset growth, compliance record, experience, credentials, and accessibility. For the full methodology, please visit http://im.ft-static.com/content/images/047b2e0a-d10e-11e4-a840-00144feab7de.pdf. Not indicative of advisor’s future performance. Your experience may vary.
**Awarded in 2011 and 2012. State rankings are based on data provided by over 4,000 of the nation’s most productive advisors. Factors included in the rankings: assets under management, revenue produced for the firm, regulatory record, quality of practice, and philanthropic work. Investment performance isn’t an explicit component because not all advisors have audited results and because performance figures often are influenced more by clients’ risk tolerance than by an advisor’s investment-picking abilities. A ranking of “N” denotes “not ranked that year.” Assets managed through Commonwealth Financial Network. For more information, please visit http://www.barrons.com/report/top-financial-advisors/1000/tennessee/2012.