Cornerstone Securities LLC
Assets Under Management
$175.0M
Number of Clients
800
Number of Advisors
9
Average Client AUM
$219K
AUM per Advisor
$19.4M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Cornerstone Securities LLC provides IAR-directed asset management, selection of third-party advisory programs/services and REITs, and financial planning/consulting. They do not specialize in any particular advisory product or service. IARs analyze client needs and recommend suitable investments. Clients can impose restrictions on investments in writing.
Fee Structure
For IAR Directed Asset Management Services, clients pay an asset-based advisory fee up to 2% of the account balance, negotiable with IARs. Fees are calculated monthly or quarterly in advance. Financial planning fees are negotiable, charged hourly (up to $500/hour) or as a flat fee (up to $10,000). The amount of time to complete a plan is determined by the client’s goals, but under no circumstance shall exceed 25 hours. If the client implements the plan with the advisor, the planning fee will be waived if the advisor will compensated during implementation of the plan. Client will not pay more the $500 in advance.
Areas of Practice
Location
6710 W 121st St, Suite 200, Overland Park, KS, 66209