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Commonwealth Asset Management
Commonwealth Asset Management, an RIA founded by Larry D. Edwards in Fairfax, VA, provides wealth management for retirement, estate, and life transitions.
Commonwealth Asset Management
Larry D. Edwards founded Commonwealth Asset Management Group after graduating from the United States Military Academy and serving five years as an Army officer. The firm operates from a single office in Fairfax, Virginia, and focuses on financial planning for individual clients and families. The firm's practice addresses investing principles, retirement income and distribution strategies, estate conservation, and risk management. Edwards has over ten years of experience giving financial advice. The firm provides calculators for retirement needs, emergency funds, debt-to-income ratios, and net worth estimation. Commonwealth Asset Management employs a team-based approach internally. The firm maintains a standard weekday schedule with weekend appointments available by arrangement. No team size, AUM, or additional offices are disclosed. The firm's structure as a solo-founded RIA with no disclosed additional investment vehicles or philanthropic arms limits its comparability to larger multi-family offices. Edwards's military background and the firm's lifecycle-event focus distinguish it from purely asset-gathering wealth managers.
General information
Firm type
RIA
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Fairfax
Corporate office
Fairfax, VA, United States
Principals
Larry D. Edwards
Founder
Frequently asked questions
Who makes investment decisions at Commonwealth Asset Management?
Larry D. Edwards, the founder and an MBA with over ten years of advisory experience, leads the firm. He serves as the primary contact for client accounts (per the firm website).
Does Commonwealth Asset Management invest in alternatives or private markets?
The firm's public materials emphasize traditional wealth-management services: investing principles, retirement planning, estate conservation, and risk management. No disclosures indicate direct private-market or alternative-investment activity.
Is Commonwealth Asset Management structured as a single-family office?
Commonwealth Asset Management operates as a registered investment advisor (RIA) serving multiple clients, not as a dedicated single-family office. It offers financial planning and investment guidance to individuals and families.
What is Commonwealth's geographic footprint?
The firm lists its primary office at 10501 West Drive in Fairfax, Virginia. No additional office locations are publicly disclosed (per the firm's contact page).
What is the background of the firm's founder?
Larry D. Edwards is a West Point graduate who served five years in the U.S. Army. He holds an MBA and has accumulated over ten years of financial advisory experience before founding Commonwealth Asset Management (per the firm's team page).
How does Commonwealth Asset Management source its client base?
The firm's website suggests it works with clients undergoing significant life events—retirement, estate transitions, college savings—and provides educational content to attract and serve this demographic. No proprietary deal sourcing or referral network details are publicly available.
Does Commonwealth Asset Management manage pooled investment vehicles?
No public information indicates the firm manages hedge funds, private-equity funds, or other pooled vehicles. Its platform appears to consist of separately managed accounts and advisory relationships.
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