$630M Arizona FA Team Switches to Commonwealth

Commonwealth Financial Network has added Krueger Financial Services to its network of independent financial advisors. Formerly affiliated with Osaic, the team reported serving more than $630 million in client assets.

Tempe, AZ-based Krueger Financial includes advisors Kim Krueger, Eric Krueger, and Tim Hill. The team, which includes six support staff, provides financial planning, succession planning and advice to individuals and families.

The firm chose Commonwealth because of its integrated trading platform, increased access to subject matter experts and more experienced support for family-owned “ensemble” practices, Kim Krueger said

“One of the biggest challenges as an ensemble practice is that much of the industry hasn’t evolved to serve our business model,” said Kim Krueger, owner and financial advisor. “Now, we have a partner well-equipped to support our business model, and as the industry changes, we have the option to potentially shift into a hybrid RIA approach without changing partners.”

Privately held since 1979, Commonwealth Financial Network has headquarters in Waltham, MA, and San Diego, CA with approximately 2,200 independent financial advisors overseeing more than $296 billion in assets.

Pictured l to r: Erik Kreuger, Kim Kreuger, Tim Hill