Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 1.25% |
| $500K - $1000K | 1.10% |
| $1.0M - $1.5M | 0.95% |
| $1.5M - $2.0M | 0.85% |
| $2.0M - $3.0M | 0.70% |
| $3.0M - $4.0M | 0.65% |
| $4.0M - $5.0M | 0.55% |
| $5.0M - $10.0M | 0.50% |
| $10.0M - $25.0M | 0.40% |
| $25.0M - $50.0M | 0.35% |
| $50.0M - $100.0M | 0.30% |
| $100M+ | 0.30% |
Fees are potentially negotiable and may vary based on client objectives and complexity.
Fee Estimator
Cornerstone Wealth charges a quarterly fee based on assets under management. For managed 529s or annuities, the maximum fee is 1.00% for 529s, and 0.75% for equity or fixed index annuities. Variable annuities are charged based on the standard advisory tiered fee schedule. Fees are potentially negotiable and may vary based on client objectives and complexity. Clients may be subject to legacy fee schedules, which may include a minimum annual fee of $3,000. The firm also charges either an hourly or flat fee basis for financial planning and consulting services.
Areas of Practice
Advisor Information
Office location
San Francisco, CA
Get directionsRegulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Joseph is involved in several outside business activities, including business development for Cornerstone Wealth Group (full-time), serving on the advisory board for Green Visor Capital Management Company (minimal time), and acting as a general partner for Gryphon Capital Management (minimal time). He also has roles in his spouse's art advisory business, the Pacific Union Club, RRR Ventures, Strategic Project Solutions, CION, and the Preservation Hall Foundation.