COMMONWEALTH EQUITY SERVICES, LLC X-17A-5 (2026-03-02) — Broker-dealer annual report

Full text of COMMONWEALTH EQUITY SERVICES, LLC's X-17A-5 filed 2026-03-02 (period 2025-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.

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{0}------------------------------------------------ ![](_page_0_Picture_0.jpeg) COMMONWEALTH FINANCIAL NETWORKSM A REGISTERED SERVICE MARK OF COMMONWEALTH EQUITY SERVICES, LLC STATEMENT OF FINANCIAL CONDITION December 31, 2025 (Public) {1}------------------------------------------------ | (No. and Street) | | | | | | |----------------------------------------------|--------------------------------|---------------------------|--|--|--| | Waltham | MA | 02451 | | | | | (City) | (State) | (Zip Code) | | | | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | | | Jonathan Cleasby 781-209-4382 | | icleasby@commonwealth.com | | | | | (Name) | (Area Code - Telephone Number) | (Email Address) | | | | | B. Accountant IDENTIFICATION | | | | | | | | | | | | | | 80 City Square | Boston | N/A | 02129 | |--------------------------------------------------|-----------------------|---------|--------------------------------------------| | (Address) | (City) | (State) | (Zip Code) | | 9/24/2003 | | 49 | | | (Date of Registration with PCAOB)(if applicable) | | | (PCAOB Registration Number, if applicable) | | | FOR OFFICIAL USE ONLY | | | {2}------------------------------------------------ | Jonathan Cleasbv | | swear (or affirm) that, to the best of my knowledge and belief, the | | |---------------------------------------------------------------------------|--|---------------------------------------------------------------------|-------| | financial report pertaining to the firm of Commonwealth Financial Network | | | as of | | 17/21 | | | | - - - - - - - - - - - - - - - - - - - - - - - - - - {3}------------------------------------------------ ## CONTENTS | Report of Independent Registered Public Accounting Firm | | | |---------------------------------------------------------|--------|--| | Financial Statements | | | | Statement of Financial Condition | 3 | | | Notes to Financial Statements<br> | 4 - 23 | | {4}------------------------------------------------ ![](_page_4_Picture_0.jpeg) ### **Report of Independent Registered Public Accounting Firm** Member and the Board of Managers Commonwealth Financial Network (A Registered Service Mark of Commonwealth Equity Services, LLC) #### **Opinion on the Financial Statement** We have audited the accompanying statement of financial condition of Commonwealth Financial Network, a Registered Service Mark of Commonwealth Equity Services, LLC (the Company) as of December 31, 2025, and the related notes (collectively, the financial stat…

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