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CFP

Peter Yacovone

Commonwealth Financial Network
42 Years of Experience
Glastonbury, CT
1 DisclosureBrokerSells Insurance
View SEC Summary
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Peter Yacovone is a CFP-designated registered investment advisor at Commonwealth Financial Network, based in Glastonbury, CT, with 42 years of industry experience. Peter is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Annuities, Business Owners, Charitable Giving, and 10 more. Their firm serves 360,488 clients with $210B in assets under management.

Commonwealth Financial Network
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
2904 advisors
Number of Clients
360,488 clients
Average Client Portfolio
$590K average
Assets Under Management
$212.7B

Fee Structure

Minimum Investment:$25K
Planning is included in investment management (also available separately)
Minimum Annual Fee:$600
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $750K2.25%
$750K - $1.0M2.00%
$1.0M - $2.0M1.75%
$2M+1.50%

Fees are negotiable. Schedule represents maximum allowable annual management fees for PPS Custom programs. Other programs like PPS Select and PPS Direct have separate advisor and program fee schedules.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

200 Glastonbury Blvd, Suite 101, Glastonbury, CT, 06033

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
February 2026
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Peter sells fixed insurance, dedicating minimal time to this activity. He is also a co-owner of Heritage Capital Advisors, LLC and owner of Eastbury Financial Services, LLC, spending about half his time on the latter. Finally, Peter subleases office space to Labor First.

Employment History
Current Registrations
Commonwealth Financial NetworkBroker
October 2018 - Present · 8 yrs
Commonwealth Financial Network
October 2018 - Present · 8 yrs
Previous Registrations
Wells Fargo Clearing Services, LLCBroker
October 2006 - October 2018 · 12 yrs
Wells Fargo Clearing Services, LLC
October 2006 - October 2018 · 12 yrs
Merrill Lynch Pierce Fenner & Smith INC.
March 2006 - October 2006 · 7 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
March 2006 - October 2006 · 7 mos
Advest, INC.
November 1999 - March 2006 · 6 yrs 4 mos
Advest, INC.Broker
November 1999 - March 2006 · 6 yrs 4 mos
Allmerica Investments, INC.Broker
August 1985 - November 1999 · 14 yrs 3 mos
Pruco Securities CorporationBroker
November 1984 - August 1985 · 9 mos
First Investors CorporationBroker
April 1983 - February 1984 · 10 mos
State Registrations16 states
ALCACTFLGAILMAMDMEMINHNVNYSCTXWA
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
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