Cornerstone Wealth Management, LLC
Assets Under Management
$4.1B
Number of Clients
18,812
Number of Advisors
93
Average Client AUM
$217K
AUM per Advisor
$43.9M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Cornerstone Wealth Management manages assets for various clients, tailoring strategies to their needs. They offer a wrap fee program covering advisory services and transaction costs. Clients can restrict investments. The firm uses fundamental, asset allocation, and quantitative analysis. They may recommend LPL Financial or Charles Schwab as custodians.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 2.40% |
| $500K - $1000K | 1.90% |
| $1M+ | 1.40% |
Maximum fee schedule. Fees are negotiable.
Fee Estimator
Cornerstone Wealth Management offers a wrap fee program with fees based on assets under management. The maximum annual percentage charged is up to 2.4% for assets $0 to $499,999.99, up to 1.9% for assets $500,000 to $999,999.99, and up to 1.4% for assets over $1,000,000. Fees are negotiable and billed quarterly in advance. There is no stated minimum account size.
Areas of Practice
Location
7417 Mexico Road, Suite 104, St. Peters, MO, 63376