CORNERSTONE WEALTH MANAGEMENT, LLC

RIASEC RegisteredEst. 2012
Total AUM
$4.9B
Discretionary
$4.9B
100% of AUM
Avg account
$239K
Accounts
20,602
Employees
103
Advisory reps
95

Firm details

Headquarters
DES PERES, Missouri
CRD number
164666
Registered since
August 15, 2012
Custodians
LPL FINANCIAL LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI67.3%
  • Individuals30.2%
  • Corporations / Businesses1.46%
  • Pension & Profit Sharing Plans0.62%
  • Charitable Organizations0.42%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Cornerstone Wealth Management, LLC is an independent registered investment adviser formed as an LLC and SEC-registered since 2012. The firm serves both individuals and families as well as institutional clients and operates as a capital allocator, combining fee-based portfolio management with financial planning and advisor-selection services. It also acts as an insurance broker and offers pension-consulting and portfolio management for small businesses and institutions. Fees are charged through a mix of AUM-based percentages, hourly billing and fixed fees. Cornerstone does not identify as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 75%, Exchange Traded Equities 15%, Cash & Cash Equivalents 5%, Non-Investment Grade Corp Bonds 2%, State & Local Bonds 1%, Other 1%75%
  • Public Funds/Mutual Funds75%
  • Exchange Traded Equities15%
  • Cash & Cash Equivalents5%
  • Non-Investment Grade Corp Bonds2%
  • State & Local Bonds1%

Owners & executives

2 of 2
  • THOMAS GOODEN

    Chief Compliance OfficerCRD 1964527

  • LESLIE GARRISON

    Chief Operating OfficerCRD 7021882

Contacts

3 of 93
  • Benjamin Cauthorn

    Financial AdvisorCRD 4659130

  • John Gore

    Wealth Management AdvisorCRD 5240796

  • NATHAN MORSE

    Investment Adviser RepresentativeCRD 5537893

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Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 466

Active vs passive

$1.7B in ETFs

Passive

75%

$1.3B

Active

17%

$422M

ETFProviderStyleCategoryValueShares% of portfolio
JPMORGAN BETABUILDERS US EQUITY ETF (BBUS)JP MorganPassiveLarge Blend$78.9M673,2794.71%

Location

Primary office

DES PERES, MO

SAINT LOUIS

Location

DES PERES, MO

Headquartered in DES PERES, MO, anchoring the St. Louis-St. Charles-Farmington, MO-IL metro in the Midwest.

Metro area
St. Louis-St. Charles-Farmington, MO-IL
Region
Midwest
County
SAINT LOUIS
Address
13358 Manchester Rd
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth