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CFP
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CFP

John Steiger

Commonwealth Financial Network
34 Years of Experience
Waltham, MA
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

John Steiger is a CFP-designated registered investment advisor at Commonwealth Financial Network, based in Waltham, MA, with 34 years of industry experience. John 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

303 Wyman Street, Suite 275, Waltham, MA, 02451

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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
September 2007
Denied
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

John is involved with Wealth Planning Resources LLC for securities and fixed insurance business, and also engages in fixed insurance sales as an agent. He is a trustee for the branch 401k plan and sub-leases branch office space.

Employment History
Current Registrations
Commonwealth Financial Network
May 2012 - Present · 14 yrs 5 mos
Commonwealth Financial NetworkBroker
May 2012 - Present · 14 yrs 5 mos
Previous Registrations
MML Investors Services, LLCBroker
February 1993 - May 2012 · 19 yrs 3 mos
Fidelity Investments Institutional Services Company, INC.Broker
January 1992 - January 1993 · 1 yr
State Registrations23 states
CACOCTFLILINKSMAMEMNNCNHNJNVNYPARISCTNTXVAVTWA
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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