CORNERSTONE WEALTH MANAGEMENT GROUP

RIASEC RegisteredEst. 2022

Total AUM

$285M

Discretionary

$266M

93% of AUM

Avg account

$200K

Accounts

1,425

Employees

Advisory reps

Firm details

Headquarters: GREENEVILLE, Tennessee
CRD number: 313269
Registered since: March 1, 2022
Website: www.cornerstonewealthtn.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: Individuals52.8%
HNWI40.45%
Pension & Profit Sharing Plans5.18%
Charitable Organizations1.52%
Other0.04%
Services: Financial PlanningPortfolio Management for IndividualsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Cornerstone Wealth Management Group is an independent registered investment adviser that focuses on fee-based financial planning and discretionary portfolio management for individuals, families and small businesses. The firm blends traditional equity allocations with third-party alternative offerings and insurance products, and delivers services through a mix of percentage-of-AUM, hourly and fixed-fee arrangements. Its practice includes educational workshops and is affiliated with an insurance company, which supports use of annuity solutions. Cornerstone does not position itself as an ESG investor and is not structured as a multi-state or pension consultant adviser.