Andrew
Schumacher

Commonwealth Financial Network

CRD#6399418
Investment Advisor
in Winthrop Harbor, IL

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About this Advisor

Andrew Schumacher is a financial advisor working in Winthrop Harbor, Illinois, with a total of 10 years of work experience. Schumacher is on the advisory team at Commonwealth Financial Network. During their career, the advisor has held roles at Commonwealth Financial Network, Starcom Worldwide and Metlife Securities, Inc. Schumacher maintains a Series 66 license, which qualifies them as both a securities agent and an investment advisor representative, and is able to advise clients in Illinois. Commonwealth Financial Network is a registered investment firm that has its headquarters in Winthrop Harbor, Illinois. The company has offices in 1,090 locations and a total of 3,400 financial advisors. It has $111 billion in assets under management among its 436,517 accounts, making it one of the biggest financial advisory firms in the nation by assets under management. The firm serves 277 charitable organizations. Of its 436,517 customer accounts, just 4% are held by high-net-worth investors who have greater than $1 million in assets. The company performs a number of services, including financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, pension consulting services, selection of other advisers, publication of newsletters and educational seminars. Fees for financial advice usually depend on the type of financial services. Fees charged by Commonwealth Financial Network likely include asset-based, hourly, fixed and commission-based fees.

Certifications and Registrations

Series 66

Years of Experience

10 years

Services Offered

Financial planning services, Portfolio management for individuals and/or small businesses, Portfolio management for businesses or institutional clients, Pension consulting services, Selection of other advisers, Publication of periodicals or newsletters, Educational seminars/workshops

Fee Structure

Percentage of Assets, Hourly Charges, Fixed Fees, Commissions

Disclosures

No

Office Location

500 Skokie Blvd Suite 200
Winthrop Harbor, IL 60096

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Commonwealth Financial Network Brokerage Details

Total Assets Under Management

$111,440,393,319

IL Average: $16,012,751,954
Total Number of Employees

3,400

IL Average: 118
Total Number of Accounts

436,517

IL Average: 4,567
Average Account Size

$255,295

IL Average: $3,506,186

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Investment Advisory Services

  • Financial planning services
  • Portfolio management for individuals and/or small businesses
  • Portfolio management for businesses or institutional clients
  • Pension consulting services
  • Selection of other advisers
  • Publication of periodicals or newsletters
  • Educational seminars/workshops

Andrew Schumacher Work History

Andrew has 10 years of experience.

2016 - Present (5 years)

Commonwealth Financial Network

2014 - 2016 (2 years)

Metlife Securities, Inc

2010 - 2014 (4 years)

Starcom Worldwide

Disclosures

Andrew Schumacher has no disclosures.

Please visit their SEC profile for more details.

Financial Advisors at Commonwealth Financial Network

Fred Scheffner
Salt Lake City, UT
Amy Palmer
San Diego, CA
Natasha Hui
San Diego, CA
Matthew Geremia
Medfield, MA
Brian Fisher
Womelsdorf, PA
Stephen Gulish
Shelton, CT
Kelly Ronimus
Coronado, CA

This content was compiled from the SEC and FINRA.

Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

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