John Riley
John Riley is a registered investment advisor at Cornerstone Investment Services, based in Providence, RI, with 40 years of industry experience. John operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 86 clients with $53M 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 | 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% |
These Investment Advisor Supervisory Fees are negotiable.
Fee Estimator
Location
245 Waterman Ave Ste 301, Providence, RI, 02916
Get directionsHistory
Regulatory 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.
Employment History
Current Registrations
Cornerstone Investment Services
Previous Registrations
Vestech Securities, INC.Broker
Cantella & CO., INC.
Cantella & CO., INC.Broker
Painewebber IncorporatedBroker
Dean Witter Reynolds INC.Broker
State Registrations5 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.