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Michael William Kruchten

Commonwealth Financial Network

Joliet, IL

CRD 2898973

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Employer firm

Commonwealth Financial Network CRD 8032

$213B regulatory AUM 20,450 advisory clients

Reported services (Item 5G)

  • Financial planning
  • Portfolio management (individuals)
  • Portfolio management (institutions)
  • Pension consulting
  • Selection of other advisers
  • Periodicals / newsletters

From the firm’s Form ADV. Read the guides:

Current Employers
Commonwealth Financial Network

275 Wyman Street Suite 400, Waltham, MA 02451-1200 • United States

Current Registrations

AuthorityCategoryStatusDate
TX RA APPROVED 2026-03-25
IL RA APPROVED 2022-02-11
  • TX RA
    APPROVED
    Since 2026-03-25
  • IL RA
    APPROVED
    Since 2022-02-11

Branch Locations

950 Essington Road Suite 2A, Joliet, IL 60435 • United States

Disclosures

No disclosure categories reported as “Yes” on this SEC record.

  • Regulatory action No
  • Criminal No
  • Bankruptcy No
  • Civil judicial No
  • Bond No
  • Judgment / lien No
  • Investigation No
  • Customer complaint No
  • Termination No
Employment History
OrganizationCityStateFromTo
First Midwest Bank Joliet IL 11/1995 02/2022
Lpl Financial Joliet IL 10/2010 02/2022
Commonwealth Financial Network Waltham MA 02/2022 Present
Pursuit Wealth Group Joliet IL 02/2022 Present
  • 11/1995 → 02/2022
    First Midwest Bank
    Joliet, IL
  • 10/2010 → 02/2022
    Lpl Financial
    Joliet, IL
  • 02/2022 → Present
    Waltham, MA
  • 02/2022 → Present
    Pursuit Wealth Group
    Joliet, IL
Previous Registrations
  • 2010-11-02 → 2022-03-30
    Lockport, IL
    Joliet, IL
    Fort Mill, SC
    Joliet, IL
    Crest Hill, IL
    Joliet, IL
    Joliet, IL
  • 2004-05-07 → 2010-11-02
    Uvest Financial Services Group, Inc.
    Joliet, IL
    Joliet, IL
    Joliet, IL
    Joliet, IL
    Gurnee, IL
    Crest Hill, IL
    Joliet, IL
    Joliet, IL
    Joliet, IL
    Bolingbrook, IL
    Crest Hill, IL
    Joliet, IL
Other Businesses

1. Fixed insurance sales; as of 2/11/2022 2% of time spent during business hours; Conducted at branch location; Investment related. 2. Co-owner, Pursuit Wealth Group, LLC; a private entity established to facilitate securities, advisory, and insurance business; as of 2/11/2022; 100% of time spent during business hours; Conducted at branch; Investment related. 3. Co-owner, Compass Tax Advisors, LLC; an entity providing tax preparation; Located at 950 Essington Road, Suite 2B, Joliet, IL 60435; as of 06/01/2024; Less than 1% of time spent during business hours; Not Conducted at branch location; Not Investment related. 4. Co-Owner, RRAM Holdings, LLC; an entity created for the purpose of buying and managing commercial real estate at 721 Bedford Road, Morris, IL 60450, as of 04/18/2025; 0% time spent during business hours; Conducted at branch; Investment related.

Exams
CodeExamDate
S65 Uniform Investment Adviser Law Examination 2004-05-06
S63 Uniform Securities Agent State Law Examination 1997-08-29
  • S65 Uniform Investment Adviser Law Examination
    2004-05-06
  • S63 Uniform Securities Agent State Law Examination
    1997-08-29
Designations
  • Certified Financial Planner
Other Names
  • Michael William Kruchten
  • Mike William Kruchten

View on SEC IAPD

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