Commonwealth Financial Network has added a large wealth management practice in Pennsylvania, the company says.

Led by partners Jan Graybill, Robert Wermuth, Matthew Kulp and Kevin Donohue, Legacy Planning Partners has 30 more advisors and support staff working out of Allentown, Plymouth Meeting and West Chester, Pa., according to a press release from Commonwealth.

The team, which oversees $1 billion and specializes in family office services, business transition planning, employer retirement plan consulting and financial planning, was previously affiliated with Securian Financial Services, according to Commonwealth.

“Commonwealth delivers access to resources that Legacy Planning was looking for in order to build a world-class financial services firm,” Graybill, Legacy’s managing partner and CEO, says in the press release.

Last month, Commonwealth lured a $191 million Pennsylvania practice from Cetera Advisor Networks.


Commonwealth lost an advisor managing around $200 million to LPL Financial in July but picked up an LPL advisor managing $370 million in March.

Securian, meanwhile, lost an advisor managing $81 million to Ameriprise Financial in July.