Commonwealth in Talks to Sell Minority Stake: Report

News January 29, 2025 at 11:28 AM
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What You Need To Know

  • The firm, led by Wayne Bloom, will likely attract strong private equity interest, said one industry watcher.
  • It has more than 2,200 partnering advisors managing just shy of $300 billion in advisory and brokerage assets.
  • Founder and Chairman Joe Deitch remains the primary owner.
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