Wallace Sutton is a registered investment advisor at Cornerstone Wealth, based in Tampa, FL, with 42 years of industry experience. Wallace is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Annuities, Business Owners, Charitable Giving, Corporate Executives, and 9 more. Their firm serves 2,506 clients with $2.5B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | 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% |
| $50M+ | 0.30% |
Fees are potentially negotiable and may vary based on unique objectives, investment plan complexity, and anticipated future assets. Certain legacy schedules may include a $3,000 annual minimum fee.
Fee Estimator
Location
3708 W Swann Ave, #102, Tampa, FL, 33609
Get directionsHistory
Regulatory History (1)
Customer Dispute
May 2001Other Business Activities
Wallace is involved in several outside business activities, including real estate investments, serving as a trustee for multiple trusts, and volunteering on a church finance committee. He also owns Southerland Investments, Inc. and Auriga Management, Inc., though the latter is inactive.
Employment History
Current Registrations
Cornerstone Wealth
Mutual Securities, INC.Broker
Previous Registrations
Purshe Kaplan Sterling InvestmentsBroker
Sutton Wealth Advisors, INC.
Barron Asset Management, INC.
Barron Asset Management, INC.
Securities Service Network, LLCBroker
Fsc Securities CorporationBroker
Fsc Securities CorporationBroker
The First Tampa Securities Group, INC.Broker
Interstate Securities CorporationBroker
Cibc Wood Gundy Securities CORP.Broker
The Stuart-James Company, INC.Broker
State Registrations25 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.
Exams
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