Commonwealth Financial Network has added a former UBS advisor with $132 million in assets under management to its network of independent financial advisors, according to a news release.
Klaudia Conradt, who has more than 25 years in the industry, joins Conestoga Wealth Partners, a Commonwealth-affiliated firm in Gig Harbor, Wash. The release said she will continue to serve area business owners and retired professionals with legacy planning and charitable giving, as well as holistic financial planning through bespoke portfolio management.
“The flexibility of the independent business model will serve my clients and my business very well and choosing independence at a firm with Commonwealth’s reputation among my peers was important to me,” Conradt said in a statement. “Not only am I able to offer unlimited solutions to the clients I want to work with, I also have more control over my schedule and how I run my practice. I’m looking forward to a better work-life balance."
Andrew Daniels, Commonwealth’s managing principal for business development, said, “Breaking away from a household name to build your business your way is a bold move – one that we honor with our commitment to do whatever it takes to help them seamlessly launch their new venture."
Founded in 1979, Commonwealth has headquarters in Waltham, Mass., and San Diego. The firm supports more than 2,000 independent financial advisors nationwide.