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 | 2.00% |
| $500K - $750K | 1.95% |
| $750K - $1000K | 1.70% |
| $1.0M - $2.0M | 1.60% |
| $2.0M - $3.0M | 1.50% |
| $3.0M - $5.0M | 1.40% |
| $5M+ | 1.35% |
Investment Advisor Supervisory Fees are negotiable.
Fee Estimator
Cornerstone Investment Services offers a wrap fee program where clients pay one fee covering management and transaction costs. The fee is based on the portfolio's total assets, ranging from 2.00% on the first $500,000 down to 1.35% for amounts over $5,000,000. These fees are negotiable. There is a minimum account size of $100,000. Clients are responsible for other account fees, such as fund expenses and wire transfer fees.
Areas of Practice
Advisor Information
Office location
245 Waterman Ave Ste 301, Providence, RI, 02916
Get directionsRegulatory History (2)
Customer Dispute
May 2016Customer Dispute
July 2012Other Business ActivitiesSells Insurance
John is involved with Cornerstone Investment Services, an RIA, since 1999, and spends minimal time selling life insurance and fixed annuities. He also receives rental income from office space and is the President of 1320, Inc., which will own Cornerstone Investment Services, LLC and deal in non-investment related retail sales of goods, spending a few hours per week on this.