West Palm Beach Resident, Joseph Deitch, Named to Investment Industry’s 30 Most Influential

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WALTHAM, Mass.--(BUSINESS WIRE)-- Joseph S. Deitch, West Palm Beach resident, and founder and chairman of Commonwealth Financial Network^®, the firm ranked “Highest in Independent Financial Advisor Satisfaction among Financial Investment Firms” by J.D. Power and Associates, was recognized as a pioneer in the investment advisory industry by Investment Advisor magazine, a premier monthly magazine and website for investment and wealth management professionals.

Investment Advisor’s “Thirty for Thirty” honor is presented to the 30 most influential individuals who have molded the investment advisory profession over the last three decades. Among the prominent figures who also appeared on the list are Chuck Schwab, founder and chairman of Charles Schwab & Co.; Alan Greenspan, former chairman of the U.S. Federal Reserve; and President Ronald Reagan.

“Mr. Deitch is a leader, mentor, and visionary in our industry,” said Investment Advisor group editor-in-chief James Green. “Whenever we mention Mr. Deitch’s name to people in the industry, we always receive a uniformly positive response, so we’re particularly proud to honor his contributions to the financial services field.”

In addition to leading Commonwealth Financial Network—the nation’s largest, privately held independent broker/dealer—Mr. Deitch is chairman of Southworth Development LLC, a leader in the golf and residential resort and real estate business, as well as the PGA’s principal real-estate development partner. Mr. Deitch joined the Southworth team in 2006 and since that time has helped steer the company and its activities in the U.S. and abroad. Today, the Southworth portfolio of properties contains some of the highest-rated and most respected golf courses in the world.

A long-time Broadway enthusiast, Mr. Deitch is also a founder and principal of Full House Productions, which has contributed to the recent production of numerous Broadway presentations, including The Addams Family; The Merchant of Venice; Fela (the recipient of eleven Tony nominations); RACE; A View from the Bridge (featuring the winner of a best actress Tony in a revival, Scarlett Johansen); and Come Fly Away.

About Commonwealth Financial Network

Founded in 1979, Commonwealth Financial Network, member FINRA/SIPC, and a registered investment adviser, is the nation’s largest, privately owned independent broker/dealers, with home offices in Waltham, Massachusetts, and San Diego, California. The firm supports more than 1,300 independent registered representatives and their professional staffs nationwide, and makes available a comprehensive array of financial products and services. For more information, please visit www.commonwealth.com.

Commonwealth Financial Network received the highest numerical score in the independent advisor segment in the proprietary J.D. Power and Associates 2010 Financial Advisor Satisfaction Study^SM. Study based on 2,863 total responses and measures overall financial advisor satisfaction among advisors registered with the Financial Regulatory Authority (FINRA) investment firms. Proprietary study results are based on experiences and perceptions of financial advisors surveyed in February – June, and July – August, 2010. Your experiences may vary. Visit jdpower.com