Commonwealth Adds $350 Million Morgan Stanley Team
By Staff
Commonwealth Financial Network, a national registered investment adviser, announced the addition of Thomas Kinslow and Brian Sanford to its network of independent financial advisers. With more than 35 years of combined experience, Kinslow and Sanford add close to $350 million in client assets to the firm.
“The strong reputation and experienced adviser network of Commonwealth and LPL Financial drew us in,” said Sanford. “With this move, we’ll have access to Commonwealth’s award-winning service paired with the scale of LPL’s expert resources, robust wealth management solutions, and advanced technology. The teams’ exceptional support and consultative approach throughout our transition reinforces the value of this partnership.”
Formerly with Morgan Stanley, Kinslow and Sanford join the Commonwealth-affiliated firm Union Street Financial, led by Daniel Gannon, in Kennett Square, Pennsylvania. Union Street Financial has been with Commonwealth since 2010, and with the additions of Kinslow and Sanford as managing partners, the team will continue to serve ultra-high-net-worth clients, small business owners, and families seeking multigenerational wealth planning.
“Breaking away gives us the freedom and flexibility to enhance our offerings, provide next-level client service, and add solutions such as tax planning,” added Kinslow. “Our team sought increased autonomy in our decision-making abilities without sacrificing the client experience. We look forward to our clients benefiting from this enhanced family office approach.”
“We’re proud to have supported Union Street for the last 15 years, and we welcome Tom and Brian to the Commonwealth community,” said Becca Hajjar, managing principal and chief business development officer at Commonwealth. “We’re committed to delivering an unparalleled service experience as Tom, Brian, and Dan grow their multigenerational family office.”
As previously reported by AltsWire, LPL Financial Holdings Inc. (Nasdaq: LPLA) acquired Commonwealth Financial Network in August 2025 for approximately $2.7 billion. Commonwealth will operate as a wholly owned portfolio company through the onboarding of Commonwealth advisers to LPL’s platform, which is expected to be completed in the fourth quarter of 2026.
The continued addition of advisory teams highlights Commonwealth’s growth momentum under LPL ownership, as the firm seeks to preserve its boutique service model while leveraging LPL’s national scale and technology.
Since the acquisition announcement, Commonwealth has continued to add firms to its network of independent advisers, including Rochester, N.Y.-based Angelo Planning Group, an ex-Osaic team with reportedly more than $1.5 billion in client assets, as well as Phoenix-based Patrick Funke & Associates with reportedly $430 million in client assets. Both teams joined from Osaic.
Founded in 1979, Commonwealth has headquarters in Waltham, Mass., and San Diego, Calif., and an operations hub in Blue Ash, Ohio. Commonwealth partners with approximately 3,000 independent financial advisers overseeing more than $305 billion as of June 30, 2025.
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