Commonwealth Financial Network announced today that it has recruited Innovative Financial Solutions to its network of independent financial advisors.
Based in Bloomington, Ind., and Palm Coast, Fla., Innovative Financial Solutions includes partners William Verhagen, Christopher Harmon and Ian Essling, and financial advisor Mark Kraus. Innovative Financial provides financial planning and investment management services to business owners, medical professionals, families and Indiana University’s faculty and administrators.
The firm manages $400 million in assets and joins from MML Investors Services, an independent broker-dealer and registered investment advisor in Springfield, Mass.
Commonwealth is an independent b-d and RIA headquartered in Waltham, Mass., and San Diego, Calif. It supports approximately 1,800 financial advisors and manages more than $80 billion in regulatory assets, as of March.