Cornerstone Advisors Asset Management, LLC
Assets Under Management
$8.3B
Number of Clients
741
Number of Advisors
21
Average Client AUM
$11.2M
AUM per Advisor
$395.2M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Cornerstone Advisors Asset Management provides investment advisory services for institutional and individual clients. Services include investment policy management, performance monitoring, risk assessment, fiduciary services, discretionary management, and retirement plan consulting. They also offer financial planning services to individuals.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $2.0M | 0.75% |
| $2.0M - $5.0M | 0.50% |
| $5.0M - $10.0M | 0.35% |
| $10M+ | 0.35% |
Fees negotiable for amounts over $10 million.
Fee Estimator
Cornerstone's fees are negotiable and can be asset-based, a flat dollar fee, or a one-time project-based fee. For Private Wealth & Planned Giving Services, the annual fee is 1.00% on the first $1 million, 0.75% on the next $1 million, 0.50% on the next $3 million, and 0.35% on the next $5 million, with fees fully negotiable for amounts over $10 million. For Planned Giving Services, managed assets under $1 million will be billed at a quarterly minimum rate of $2,500. Financial planning fees range from $2,500 to $100,000.
Areas of Practice
Location
74 West Broad Street, Suite 340, Bethlehem, PA, 18018