MJ
MJ

Magdalena Johndrow

12 Years of Experience
West Hartford, CT
BrokerSells Insurance

Magdalena Johndrow is a registered investment advisor at Commonwealth Financial Network, based in West Hartford, CT, with 12 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
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3079 advisors
Number of Clients
399,450 clients
Average Client Portfolio
$525K average
Assets Under Management
$209.7B

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.

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Location

45 South Main Street, Suite 201, West Hartford, CT, 06107

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business ActivitiesSells Insurance

Magdalena sells fixed insurance products, dedicating minimal time to this activity. She also owns Johndrow Wealth Management, LLC, which facilitates securities, advisory, and insurance business, taking up all of her time.

Employment History
Current Registrations
Commonwealth Financial Network
January 2017 - Present · 9 yrs 4 mos
Commonwealth Financial Network
January 2017 - Present · 9 yrs 4 mos
Commonwealth Financial NetworkBroker
January 2017 - Present · 9 yrs 4 mos
Previous Registrations
J.P. Morgan Securities LLC
November 2015 - November 2016 · 1 yr
J.P. Morgan Securities LLCBroker
November 2015 - November 2016 · 1 yr
Barclays Capital INC.
April 2014 - November 2015 · 1 yr 7 mos
Barclays Capital INC.Broker
January 2014 - November 2015 · 1 yr 10 mos
State Registrations16 states
CACOCTDCFLGAILINMAMDNCNHNYPASCTN
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.