Matthew Somberg, AIF®, CLTC

Matthew Somberg, AIF®, CLTC

Co-Founder and Principal

 

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.


Matthew holds the Accredited Investment Fiduciary® (AIF®) designation. He maintains client relationships and registrations to practice and serve clients in many states throughout the country.


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.

2018-2023 Forbes Best-In-State Wealth Advisors, created by SHOOK Research. The 2023 award was presented in April 2023 based on data gathered from June 2021 to June 2022. 22,243 Advisors were considered, 7,321 advisors were recognized. Advisors pay a fee to hold out marketing materials. Not indicative of advisor’s future performance. Your experience may vary. Click here for more award information.



*2023 Barron's Top 100 Independent Advisors, created by Barron's. Presented in Sept 2023 based on data gathered from June 2022 to June 2023. 476 advisors were considered, 100 Advisors were recognized. Advisors pay a fee to hold out marketing materials. Not indicative of advisor's future performance. Your experience may vary. Click here for most recent award information.


2024 Barron's Top 1200 Advisors, created by Barron's. Presented in March 2024 based on data gathered from Sept 2022 to Sept 2023. 6,505 Advisors were considered, 1200 Advisors were recognized. Advisors pay a fee to hold out marketing materials. Not indicative of advisor’s future performance. Your experience may vary. For more information, visit https://tinyurl.com/3kkrphcm.


In 2023 Matthew was honored by Forbes as an advisor for the sixth year in a row on the Forbes’ Best-in-State Wealth Advisors list for 2023.


2012-2023 Five Star Professional Wealth Manager Award, created by Five Star Professional. The 2023 award was presented in on November 2023 based on data gathered within 12 preceding the issue date. 3,564 Connecticut -area advisors were considered, 313 were recognized. 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 www.fivestarprofessional.com.


Matthew Somberg is proud to have been recognized as a Commonwealth Chairman's Level advisor for 2022 (2010-2022)—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.