Commonwealth Financial Network Plays Key Role in Merger of Research Powerhouses.Business/Technology Editors BOSTON--(BUSINESS WIRE)--Jan. 28, 2000 Commonwealth Financial Network has launched a new web-based research tool, designed exclusively for its national network of independent financial professionals, that merges the financial industry's leading research capabilities into a powerful yet easy to use package. Through the new system, research tools are grouped into product specific bundles, giving Commonwealth advisors the flexibility to tailor A tailor is a person whose occupation is to sew menswear style jackets and the skirts or trousers that go with them. Although the term dates to the thirteenth century, tailor the package to reflect the unique needs of their individual practices, while keeping costs to a minimum. Resources include industry leaders Argus Research, Pershing/DLJ, Standard &Poors and CDA/Weisenberger. The launch prompted Wayne Bloom Wayne Bloom (born March 22, 1958) was a professional wrestler who wrestled in World Championship Wrestling, the American Wrestling Association and the World Wrestling Federation between 1989 and 1999. , Commonwealth's Vice President of Investment Products, to comment, &uot;this tool stems from our representatives' increasing need to access multiple information sources without the hassle Hassle () is a location in Närke, Sweden, where a Celtic treasure was found in 1936. It comprises a large bronze cauldron which contained two Bronze Age swords of the Hallstatt type, a pommel of bronze, two bronze buckets with of running from one vendor to another or the expense of paying a separate user fee to each vendor. We strongly believe that we need to continue to exploit technology as a means of keeping our representatives nimble nim·ble adj. nim·bler, nim·blest 1. Quick, light, or agile in movement or action; deft: nimble fingers. See Synonyms at dexterous. 2. and working to their highest value.&uot; Matthew Barnes, Commonwealth's Director of Investment Research, noted, &uot;partnering with these highly focused research firms complements our existing in-house In-house In the context of general equities, keeping an activity within the firm. For example, rather than go to the marketplace and sell a security for a client to anyone, an attempt is made to find a buyer to complete the transaction with the firm. research capabilities and is the most effective means of helping our representatives make meaningful and well-informed decisions. We find our independence allows us to provide services and research based on merit and free from corporate directives and conflicts that drive so many of our competitors' offerings.&uot; Commonwealth Financial Network is a premier broker/dealer having been voted `Broker/Dealer of the Year' four consecutive years by the readers of Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance Investment Advisor Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and magazine. In addition to providing back-office support and access to all manner of financial products for a national field force of more than 750 independent financial professionals, it offers a variety of practice development services and experts to guide its field force in the growth of their businesses. (www.commonwealth.com) |
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