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Patrick Pirone

Commonwealth Financial Network
30 Years of Experience
Lynnfield, MA
3 DisclosuresBrokerSells Insurance
View SEC Summary
View SEC Summary

Patrick Pirone is a registered investment advisor at Commonwealth Financial Network, based in Lynnfield, MA, with 30 years of industry experience. Patrick 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

220 Broadway, Suite 305, Lynnfield, MA, 01940

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History

Regulatory History (3)
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
September 2015
Denied
Customer Dispute
August 2006
Denied
Customer Dispute
September 2005
Denied
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Patrick sells fixed insurance and health & wellness products, and owns rental properties. He also owns Investment Professionals Wealth Management, Inc., which facilitates securities, advisory, and insurance business, taking up all of his time.

Employment History
Current Registrations
Commonwealth Financial Network
May 2022 - Present · 4 yrs 5 mos
Commonwealth Financial NetworkBroker
May 2022 - Present · 4 yrs 5 mos
Previous Registrations
Ameriprise Financial Services, LLC
June 2018 - June 2022 · 4 yrs
Ameriprise Financial Services, LLCBroker
June 2018 - June 2022 · 4 yrs
Investment Professionals, INC.
October 2007 - September 2018 · 10 yrs 11 mos
Investment Professionals, INC.Broker
October 2007 - September 2018 · 10 yrs 11 mos
Ifmg Securities, INC.Broker
April 2007 - October 2007 · 6 mos
Ifmg Securities, INC.
April 2007 - October 2007 · 6 mos
Investors Capital Advisory
February 2007 - March 2007 · 1 mo
Investors Capital CORP.Broker
February 2007 - March 2007 · 1 mo
Kovack Advisors, INC.
December 2006 - February 2007 · 2 mos
Kovack Securities INC.Broker
December 2006 - February 2007 · 2 mos
New England SecuritiesBroker
April 2006 - December 2006 · 8 mos
Cco Investment Services CORP.Broker
January 2003 - February 2006 · 3 yrs 1 mo
Citistreet Financial Services LLC
May 2002 - January 2003 · 8 mos
Citistreet Equities LLCBroker
May 2002 - January 2003 · 8 mos
American Express Financial Advisors INC.Broker
August 2001 - April 2002 · 8 mos
Ids Life Insurance CompanyBroker
August 2001 - April 2002 · 8 mos
Fidelity Brokerage Services LLCBroker
June 1997 - May 2001 · 3 yrs 11 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
December 1988 - May 1989 · 5 mos
J. T. Moran & CO., INC.Broker
August 1988 - August 1988 · 0 mos
Fidelity Brokerage Services, INC.Broker
May 1987 - March 1988 · 10 mos
State Registrations11 states
CACTFLMAMDMENHNMNVTXVA
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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