People Moves

Commonwealth Financial Boosts Network With Three New Firms

Eliane Chavagnon Reporter 4 February 2013

Commonwealth Financial Boosts Network With Three New Firms

Commonwealth Financial Network has added three independent financial services firms with over $255 million in combined assets.

Ellis & Ellis Investment Management is based in LaGrange, GA, and is led by father-son team Robert Ellis and Will Ellis. The firm provides wealth management services for retired high net worth individuals and has six advisors overseeing some $150 million in total client assets.

Dunmore, PA-based Ingargiola Wealth Management Group is led by Lou Ingargiola and his colleague, Sean McAndrew. Ingargiola serves individuals, families and businesses, with $70 million in total client assets.

Lastly, Cornerstone Investment Group, based in Pikeville, KY, specializes in serving clients working within the natural resources industry. The firm is led by Ronnie Spence, who oversees more than $35 million in total client assets.

All three firms are former affiliates of LPL Financial.

Commonwealth Financial Network has headquarters in Waltham, MA, and San Diego, CA.

 

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