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Timothy Stearns

Cornerstone Securities LLC
30 Years of Experience
Arlington Heights, IL
2 DisclosuresSells Insurance
View SEC Summary
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Timothy Stearns is a registered investment advisor at Cornerstone Securities LLC, based in Arlington Heights, IL, with 30 years of industry experience. Timothy operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Annuities, Education Planning, Estate Planning, Insurance Planning, and 3 more. Their firm serves 900 clients with $210M in assets under management.

Cornerstone Securities LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
10 advisors
Number of Clients
900 clients
Average Client Portfolio
$233K average
Assets Under Management
$210.0M

Fee Structure

Minimum Investment:None
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.00%

Fees are up to 2% of the account balance and are negotiable with your representative.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

1845 E. Rand Rd, Ste 103, Arlington Heights, IL, 60004

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History

Regulatory History (2)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Regulatory
January 2006
Final
Employment Separation After Allegations
October 2003
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Timothy works as an independent contractor for Insurance DBA TJ Stearns, selling life insurance products, dedicating a few hours per week. He also works as a registered advisor for Cornerstone Securities, an independent RIA, dedicating a few hours per week.

Employment History
Current Registrations
Cornerstone Securities LLC
October 2014 - Present · 12 yrs
Previous Registrations
Crown Capital Securities, L.P.
July 2012 - December 2023 · 11 yrs 5 mos
Crown Capital Securities, L.P.Broker
July 2012 - December 2023 · 11 yrs 5 mos
Brookstone Investment Advisory Services
July 2007 - June 2012 · 4 yrs 11 mos
Brookstone Securities, INC.Broker
July 2007 - June 2012 · 4 yrs 11 mos
Lasalle St. Investment Advisors, L.L.C.
January 2006 - July 2007 · 1 yr 6 mos
Lasalle St Securities, L.L.C.Broker
October 2003 - July 2007 · 3 yrs 9 mos
Carillon Investments, INC
August 2001 - October 2003 · 2 yrs 2 mos
Carillon Investments, INC.Broker
April 2001 - October 2003 · 2 yrs 6 mos
Sterling Financial Investment Group, INC.Broker
November 2000 - May 2001 · 6 mos
Joseph Charles & Assoc., INC.Broker
February 2000 - November 2000 · 9 mos
Joseph Charles & Assoc., INC.Broker
March 1998 - September 1999 · 1 yr 6 mos
Acap Financial INC.Broker
February 1995 - March 1997 · 2 yrs 1 mo
L.C. Wegard & CO., INC.Broker
June 1994 - February 1995 · 8 mos
State Registrations3 states
FLILMO
Advisor

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
No exam information available for this advisor.
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