Commonwealth Financial Network

Investment Advisor
in Lake Forest, IL

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About this Advisor

Edward Bothfeld is a financial advisor operating out of Lake Forest, Illinois, who has 10 years of financial industry experience. Bothfeld is currently employed by Commonwealth Financial Network. Throughout their career, Bothfeld has worked at Commonwealth Financial Network, Bothfeld Financial Partners, Hall & Associates LLC, Joy English School and Diamond Expedited. Bothfeld maintains a Series 66 license, which qualifies them as both a securities agent and an investment advisor representative, and is approved to serve investors in Illinois. Commonwealth Financial Network is a business that has its headquarters in Lake Forest, Illinois. It has offices in 1,090 locations and a total of 3,400 advisors. It handles $111 billion in total assets across its 436,517 customer accounts, placing it among the largest financial advisory firms in the United States by assets under management. The firm serves 277 charities and foundations. Of its 436,517 client accounts, just 4% belong to high-net-worth individuals who have greater than $1 million in assets available to invest. Commonwealth Financial Network offers 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. Financial advisory fee schedules largely depend on which services the firm provides the client. However, fees charged by Commonwealth Financial Network most 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



Office Location

Lake Forest, IL

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Commonwealth Financial Network Brokerage Details

Total Assets Under Management


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


IL Average: 118
Total Number of Accounts


IL Average: 4,567
Average Account Size


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

Edward Bothfeld Work History

Edward has 10 years of experience.

2015 - Present (6 years)

Commonwealth Financial Network

2015 - Present (6 years)

Bothfeld Financial Partners

2012 - 2015 (3 years)

Hall & Associates LLC

2011 - 2012 (1 year)

Joy English School

2010 - 2011 (1 year)

Diamond Expedited


Edward Bothfeld 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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