Matthew Schellman
Matthew Schellman is a registered investment advisor at Cornerstone Wealth Management, LLC, based in Des Peres, MO, with 25 years of industry experience. Matthew operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Investment Management, and 1 more. Their firm serves 18,812 clients with $4.1B 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 | 2.40% |
| $500K - $1000K | 1.90% |
| $1M+ | 1.40% |
Fees are negotiable. Actual fees may differ based on advisor's previously established fee schedules.
Fee Estimator
Location
13354 Manchester Rd Ste 100, Des Peres, MO, 63131
Get directionsHistory
Regulatory History (1)
Judgment / Lien
October 2021Other Business Activities
Matthew operates Cornerstone Wealth Management as a DBA for his LPL business and provides investment advisory services through it, starting in 2021. He also has a business entity called The Schellman Group, LLC for tax/investment purposes, and Cornerstone Wealth Portfolios as a DBA for his LPL business; these activities take nearly full-time hours.
Employment History
Current Registrations
Cornerstone Wealth Management, LLC
LPL Financial LLCBroker
Previous Registrations
Edward JonesBroker
State Registrations17 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.