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Commonwealth Financial Partners LC 3rd Place | Medium Company

Updated: July 19, 2013 - 1:25 pm

Posted: July 19, 2013

With nearly 80 employees, Commonwealth Financial Partners works with individuals, families and businesses to make sure that they invest their money for the best returns.

The Virginia Beach-based financial planning firm also invests in its employees, according to Debra O'Neil, the company's director of recruiting and marketing.

"Clients and outside vendors who visit our firm comment on the positive and happy employees they encounter in our recpetion area," she said. "Management, staff and financial representatives encourage one another and often work in a team setting."

The company, located on the 11th floor of the Armada Hoffler Building in Town Center, works to "bring out the best in each other and work as a team."

"This may sound trite, but we really are a family," O'Neil said. "We get together outside of the office, and spouses and children are often included in those activities."

A highlight of the year is the company's annual black-tie awards banquet, held each February. In the meantime, the company holds a monthly party to celebrate employee birthdays for that month, and top performers are sent on trips, such as an upcoming trip to the Ritz-Carleton in South Beach, Fla.

The company also hosts a cookout each year for employees and their families at Harbor Park in Norfolk.

"Our company functions, both on- and off-site, are always well attended," O'Neil said.

O'Neil credits CEO Bob Burke for creating an environment designed to keep employees happy.

"Bob Burke has built a wonderful place for all of his employees to come each day," she said. "He has offered guidance and training to everyone here. He encourages each of us to do our best, and sets a great example for the rest of us. We help families, businesses and individuals plan for their futures by offering solid recommendations once we have a clear understanding of their objectives."nib

- Bill Cresenzo

About the company

Commonwealth Financial Partners is a general agency of Massachusetts Mutual Life Insurance Co., which was founded in 1851. Commonwealth Financial Partners uses a broad spectrum of insurance and investment strategies to help clients achieve financial goals.

Address 221 Central Park Ave., Suite 1100, Virginia Beach 23462

Phone 490-9041


Top executive Bob Burke, CEO

Number of employees 79 full time

Benefits include:

* Profit sharing.

* Staff members receive performance-based awards.

* Substantial subsidy for the membership fee of a fitness center in the building.

Fun factor Each February, the company holds a black-tie awards dinner. It also holds employee birthday parties, cookouts and each year, sends a group of top performers on trips. This year, employees are traveling to South Beach, Fla.

Community service The company is very involved with the United Way and allows each employee paid time off to participate in the group's Day of Caring. In past years, the company has painted the interior of a local daycare center, women's shelter and a school for special-needs children.

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