Commonwealth Financial Network understands the promise of technology to enable its 1,500 financial advisors to deliver the best, most efficient service to its clients. The Business Systems division at Commonwealth is responsible for delivering a web-based software platform through which advisors can manage all aspects of their business from portfolio management to social media. The integrated platform is a key competitive advantage for Commonwealth — helping its advisors scale their businesses while reducing costs.
Delivering this competitive edge isn't easy. The Business System team is constantly enhancing, improving, and building out the platform, often running hundreds of projects simultaneously. In 2011, Managing Partner Darren Tedesco saw the need to improve the way his team tracks and manages its project portfolio. After evaluating several options, Tedesco's team selected Quickbase as a platform for developing a project portfolio management app. The result is greater efficiency, transparency, and insight than ever before.