Cornerstone Wealth

RIASEC Registered

Total AUM

$2.5B

Discretionary

$2.5B

100% of AUM

Avg account

$1.1M

Accounts

2,274

Employees

Advisory reps

Firm details

Headquarters: Huntersville, North Carolina
CRD number: 289971
Registered since: December 22, 2017
Website: www.cwgadvisors.com
Custodians: FIDELITY DISTRIBUTORS COMPANY LLC, CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Fixed Fees, Other
Client types: HNWI58.45%
Individuals39.75%
Other1.1%
Corporations / Businesses0.7%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Cornerstone Wealth is an independent registered investment adviser organized as an LLC. The firm is SEC-registered (registration recorded in 2017) and positions itself as a capital allocator for both high-net-worth individuals and institutional clients. Its advisory services include financial planning, portfolio management for individuals, small businesses and institutions, selection of other advisers, and pension consulting. Cornerstone Wealth also engages in other financial product sales. Fee arrangements range across percentage-of-AUM, fixed fees, and other structures. The firm maintains a broad set of industry relationships and roles: it lists affiliations with broker-dealers, other investment advisers, commodity pool operators/commodity trading advisers (CPO/CTA), futures commission merchants, accounting and law firms, insurance companies, pension consultants, real estate brokers, and sponsors/GPs of pooled investment vehicles. That mix reflects a business model that combines discretionary portfolio management with the ability to source or sponsor externally managed investments.