The Commonwealth Group, Inc (Portsmouth)

The Commonwealth Group, Inc is a large advisory firm based in Portsmouth. It manages $105 million of regulatory assets for 400 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Florida, New York, and Texas.

The Commonwealth Group provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

The Commonwealth Group: assets under management

The assets under management (AUM) of The Commonwealth Group, Inc is $105 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -20% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $105 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $262.5 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Commonwealth Group, Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at The Commonwealth Group, Inc

Richard Kesner has been acting as President since 1 Jan 1991. Llc Measure Wealth Private Client Group joined the executive team most recently as the Managing Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Richard Kesner	President	1 Jan 1991	75% - 100%	1979030
Richard Louis Kesner	President/chief compliance officer	1 Jan 1991	75% - 100%	1979030
Llc Measure Wealth Private Client Group	Managing member	1 Jun 2014	75% - 100%	26-1987216
Edward Heath Benway	Chief compliance officer	1 Jun 2014	Other	2224897

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Edward Heath Benway	Managing member	1 Feb 2008	75% - 100%	2224897

Based in Portsmouth

The principal office where The Commonwealth Group, Inc performs its advisory services is located at 303 Islington Street, Portsmouth, NH 03801, which is also the mailing address of the firm. An additional office of the firm is in Boca Raton, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (603) 431-1444 or by fax (603) 431-1445. The normal business hours are 8:30 am to 4:30 pm on Monday - Friday.