Cornerstone Advisors Asset Management, registered in 2006, is a Registered Investment Advisor (RIA) in 12 state(s) with a licensed staff of 22 advisors. Cornerstone Advisors Asset Management manages $6.3 billion and provides investment advisory services for 529 clients (1:25 advisor/client ratio).
After checking the disciplinary records of Cornerstone Advisors Asset Management, our system found no disciplinary questions to ask. Checks take place monthly.
After checking the regulatory records of Cornerstone Advisors Asset Management, our system found no conflict questions to ask. Checks take place monthly.
As a financial advisory firm, also known as a Registered Investment Advisor (RIA), Cornerstone Advisors Asset Management can provide a variety of financial planning services for Americans. The goal of a financial advisor is to review your personal finances and work with you to achieve your life goals, e.g., saving for retirement, by creating a comprehensive financial plan. Financial advisors focus primarily on money management, including investments like stocks, ETFs, and mutual funds.
Financial planning services can include tax planning, estate planning, retirement planning, or life-based event planning such as saving for college, getting married, purchasing a home, paying down debt, or planning an inheritance.
|Advisors Directory||View Directory|
|Avg Advisor Years Registered||15|
|Minimum Investment||Ask firm|
|Average Client Balance||$11,832,672|
|Total AUM||$6.3 billion|
|Investment-Related Prohibition - Court||No|
|Advisor / Client Ratio||1:25|
|SEC Filings||View SEC IAPD CRD #138638|
An important aspect of the Trust Algorithm is processing the SEC Form ADV Part 1 filing of each Registered Investment Advisor (RIA). “Item 11 Disclosure Information” contains a list of valuable disclosures that are relevant for Americans.
As identified in SEC Form ADV Part 1, Item 11 “Disclosure Information”, the Trust Algorithm identified the following disciplinary disclosures for Cornerstone Advisors Asset Management:
|Activity Restriction – SRO||No|
|Attorney/Accountant Authorization Revocation – SRO||No|
|Business License Revocation – SRO||No|
|Business License Revocation - SEC/CFTC||No|
|Business License Revocation - Other Regulatory Agencies||No|
|Dismissal upon Settlement – Court||No|
|Investment-Related Prohibition - Court||No|
|False Statements or Omissions – SRO||No|
|False Statements or Omissions - Other Regulatory Agencies||No|
|False Statements or Omissions - SEC/CFTC||No|
|Monetary Penalty - SEC/CFTC||No|
|Order Entered - SEC/CFTC||No|
|Order Entered - Other Regulatory Agencies||No|
|Regulation Violations - SEC/CFTC||No|
|Regulation Violations - Other Regulatory Agencies||No|
|Regulation Violations – SRO||No|
Unfortunately, there is no single, uniform pricing standard for working with a financial advisor. Catchphrases, including "fee-only," can be helpful; however, Americans often get confused with competitors promoting "fee-based" in response.
Ultimately, to understand the underlying costs of advisory services, we always recommend asking for an itemized fees breakdown and reading the firm's ADV Part 2 Brochure (Item 5, "Fees and Compensation").
|12B-1 Fees||Ask firm|
|Performance-Based Fees||Ask firm|
|Insurance Agent Conflict - Affiliation||Yes|
|Insurance Agent Conflict - Firm||No|
|Private Investment Management||No|
|Side-by-Side Management||Ask firm|
|Trades Recommended Securities||No|
Cornerstone Advisors Asset Management is headquartered in Bethlehem, PA. Cornerstone Advisors Asset Management offers financial advisor services in 12 states: California, District of Columbia, Florida, Maryland, Massachusetts, Nebraska, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Texas, Virginia.
While Cornerstone Advisors Asset Management advises clients across a variety of portfolio sizes, the average client balance is currently $11,832,672. In total, Cornerstone Advisors Asset Management manages $6,259,483,605 in assets.
Fun Fact: No regulator currently tracks portfolio performance metrics for the financial planning industry. Remember, the financial plan your financial advisor creates with you will always be unique to your personal financial situation. That's the value of working with a financial advisor.
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This automated report was generated using SEC and FINRA data and was last updated on August 4th, 2020*. For data support, email "email@example.com". Firms that receive a 4.5 or 5-star rating are considered Trusted by investor.com. Learn more.