Commonwealth Investment Management
Registered investment adviser · Pittsburgh, PA · CRD #106292
Form ADV data as of 2026-09-01Regulatory assets
$1.28 billion
Total accounts
63
Employees
7
Disclosure events
0
Firm details
- Website: http://www.ciminvests.com/
- Telephone: 412-765-2771
- SEC file number: 801-47108
- Most recent Form ADV filing: 2026-03-30
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm answered No to every Item 11 disciplinary question on its most recent Form ADV filing.
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $1.24 billion |
| Non-discretionary regulatory assets under management | $32.0 million |
| Total regulatory assets under management | $1.28 billion |
| Discretionary accounts | 62 |
| Non-discretionary accounts | 1 |
| Total accounts | 63 |
| Regulatory assets under management attributable to non-U.S. persons | $0 |
People
| Total employees (excluding clerical) | 7 |
| Employees performing investment advisory functions (including research) | 7 |
| Employees who are registered representatives of a broker-dealer | 0 |
| Employees registered as investment adviser representatives with a state | 0 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 0 |
| Firms or persons who solicit advisory clients on the firm's behalf | 0 |
Custody
| Has custody of client cash or bank accounts | No |
| Has custody of client securities | No |
| A related person has custody of client cash or bank accounts | No |
| A related person has custody of client securities | No |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
How the firm is compensated
Advisory services offered
Other business activities
Affiliated related persons
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Buys or sells for itself securities it also recommends to clients
- Brokers or dealers recommended under 8.E. are related persons
- Receives soft dollar benefits
- Provides employee compensation specifically for obtaining clients
Client types
| Type of client | Clients | Assets |
|---|---|---|
| Pension and profit sharing plans (not the participants or government plans) | 21 | $359.1 million |
| State or municipal government entities (including government pension plans) | 37 | $770.6 million |
| Other investment advisers | 1 | $32.0 million |
| Insurance companies | 4 | $113.7 million |