Ranked by Barron's as one of the Top 100 Independent Advisors* in the country, Matthew Somberg is co-founder and Principal of Gottfried & Somberg Wealth Management, LLC, an independent investment and financial services firm that provides sophisticated wealth planning and investment management strategies to individuals and small institutions.
Since 2000, Matthew has worked with a wide variety of affluent clientele and their families, including physicians, business owners, educators, and serious investors.
Matthew divides his professional time between taking care of a small group of clients, working closely with his clients' estate planning attorneys and accountants, and leading a team of advisors within the firm.
Education:
Matthew is an honors graduate of Brandeis University, with degrees in both economics and history. He is a member of the Phi Alpha Theta National Honor Society, and his writings on the effects of the North American Free Trade Agreement have been published.
Community Service:
- Board Member of the Connecticut Children’s Foundation
- Chair of the Investment Committee of Connecticut Children’s Foundation
- Former Treasurer and Board Member of Kol Haverim Synagogue
- Finance Officer for the Connecticut River Valley YPO Chapter
Personal:
He is a devoted husband to his wife, Amy, and father to his three kids, Ella, Eli, and Cooper. They reside in South Glastonbury, CT.
He is a registered representative and investment adviser representative of Commonwealth Financial Network®, member FINRA/SIPC, an independent broker/dealer and Registered Investment Adviser.
Awards
*2025 Barron’s Top 100 Independent Advisors, created by Barron's. Presented in Sept 2025 based on data as of 06/30/2025. No fee was paid to be considered for the ranking, but advisors pay a fee if they choose to use Barron’s provided marketing materials. Not indicative of advisor’s future performance. Your experience may vary.
2026 Forbes Best In State Wealth Advisors
*2026 Forbes Best In State Wealth Advisors, created by SHOOK Research. Presented in April 2026 based on data gathered from June 2024 to June 2025. Not indicative of advisor’s future performance. Your experience may vary
*2026 Barron's Top 1500 Advisors, created by Barron's. Presented on 03/21/2026 based on data as of 09/30/2025. Not indicative of advisor’s future performance. Your experience may vary.
*The 2025 Five Star Wealth Manager Award, created by Five Star Professional, issued in November, 2025 based on data gathered within 12 months preceding the issue date. Advisors pay a fee to hold out marketing materials. Not indicative of advisor's future performance. Your experience may vary. For more information, please visit https://www.fivestarprofessional.com.
Matthew Somberg is proud to have been recognized as a Commonwealth Chairman's Level advisor for 2024 (2010-2024)—a distinction based on annual production attained by just 3 percent of advisors affiliated with Commonwealth Financial Network.
Each year, Commonwealth, the Registered Investment Adviser–broker/dealer that helps us process investment transactions on your behalf, recognizes Chairman's Level advisors by inviting them to an exclusive gathering of their peers, leading industry experts, and Commonwealth home office staff. Chairman's Level advisors benefit from an intensive learning and networking experience designed to help them hone their expertise, share best practices, and provide ever-higher levels of service, education, and leadership to their clients.