Commonwealth 2027Enabling 10 Million Families to Build $15 Billion
Building Financial Security & Wealth for Low-to-Moderate Income (LMI) Households
Make the workplace an engine of financial security & wealth
Democratize capital market investing through solutions in partnership
Unlock wealth opportunities through AI and emerging tech
Building Financial Security, Enabling Wealth, Transforming Households
Vision 2027
Commonwealth is committed to creating financial security and wealth for all. By 2027, our strategic plan will enable 10 million families to build $15 billion in wealth through systemic workplace, financial, and tech solutions.
Financial insecurity and wealth gaps remain widespread, sparking concern and deeply harmful consequences for households, communities, employers, and the economy. We ensure that the needs and aspirations of LMI people are understood, visible, introduced early into relevant conversations, and integrated into solutions.
Let’s build the future together.
Workplace Financial Benefits
Financial security should be a given for all working people, and employers have a unique opportunity to help make this a reality. Wages are critical but insufficient alone. By offering emergency savings and other programs, debt repayment support, and better tax incentives, employers can empower employees to achieve greater financial stability.
I have a lot more confidence in my financial foundation knowing that I have money elsewhere.”
Autonation Employee
Employee Perspectives on SECURE 2.0: Emergency Expense Provisions
Read more on our Workplace Financial Benefits initiatives
Inclusive Investing
Too few working people to build wealth through capital markets underscores the need for systemic change. Creating more inclusive platforms, products, and services enables people with modest incomes build wealth.
It started off with just making those recurring investments, starting off at, you know, from $5 to $10, $50 to $100 a paycheck and like ramping up.”
Christian, investor diaries participant
Transforming Investor Identity Report
Read more on our Inclusive Investing initiatives
Financial AI
Realizing the full potential of financial technology as a democratizing force means addressing the unique needs of all audiences, including those with low-to-moderate incomes.
The findings suggest there is a significant relationship between individuals’ financial situations and their specific concerns and preferences regarding financial technologies such as chatbots and virtual assistants.”
From our report, Emerging Technology for All:Conversational AI’s Pivotal Role in Improving Financial Security and Opportunity
A Pivotal Juncture For Financial AI
Comfort with digital banking, by income level
Read more on our Financial AI initiatives
Reshaping Financial Systems
Through action-oriented innovation, Commonwealth is reshaping the financial industry to better serve individuals with low-to-moderate incomes. We do this by collaborating with partners, policymakers, and employers on integrated solutions that transform communities and strengthen the economy by:
Expanding possibility
Collaborating with industry leaders to launch cutting-edge financial tools, security benefits, and transformative technologies.
Expanding access
Utilizing public, private, and social networks to deliver these solutions to more people.
Expanding impact
Driving widespread adoption to create lasting change in financial security and wealth-building.
Our Partners and Supporters
