Edward Grogan
Edward Grogan is a CFP, ChFC-designated registered investment advisor at Commonwealth Financial Network, based in Gig Harbor, WA, with 32 years of industry experience. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 399,450 clients with $210B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Commonwealth Financial Network offers investment management through various programs like PPS Custom, PPS Select, and PPS Direct. Fees are generally calculated as a percentage of your portfolio, including cash and money market positions. The exact fees vary depending on the specific program and the agreement between you and your advisor.
Commonwealth generally offers two types of fee schedules: blended and breakpoint. With a blended schedule, different portions of your portfolio are charged at different rates. With a breakpoint schedule, the fee rate declines as your portfolio value reaches certain levels. All fees are negotiable between the advisor and client.
Location
3010 Harborview Drive, Suite #301, Gig Harbor, WA, 98335
Get directionsHistory
Regulatory History (1)
Criminal
April 1990Other Business ActivitiesSells Insurance
Edward is the President and Owner of Summit Wealth Management, Inc., which facilitates securities, advisory, and insurance business, taking up most of his time. He also sells fixed insurance and owns commercial and rental properties, requiring minimal time.
Employment History
Current Registrations
Commonwealth Financial Network
Commonwealth Financial NetworkBroker
Previous Registrations
MML Investors Services, INC.
MML Investors Services, INC.Broker
United Planners' Financial Services of America a Limited PartnerBroker
Nylife Securities INC.Broker
Lutheran Brotherhood Securities CORP.Broker
State Registrations22 states
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.