Michael Roberts Associates, an independent financial planning firm with over $500 million in client assets, has left Cadaret, Grant & Co. to join the Commonwealth Financial Network.

Based in Syracuse, N.Y., Michael Roberts has more than 1,500 clients throughout the nation. The firm, founded in 1990, specializes in personal financial planning, retirement planning, and asset management.

Neil Hoyt, president of Michael Roberts, cited Commonwealth’s reputation for excellence as the deciding factor in choosing Commonwealth as its broker-dealer.

Andrew Daniels, managing principal for business development at Commonwealth, said his company would support Michael Roberts by delivering leading technology and resources that enabled the firm to better meet clients’ financial planning needs.

Founded in 1979, Commonwealth is the nation’s largest privately held RIA-independent broker-dealer. The company is headquartered in Waltham, Mass., and in San Diego, Calif. It supports about 1,800 independent financial advisors nationwide.