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 is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Business Owners, Charitable Giving, Corporate Executives, Education Planning, and 6 more. Their firm serves 12,691 clients with $4.9B 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 - $1.0M | 1.90% |
| $1M+ | 1.40% |
Fees are negotiable. Individual advisors joining the firm may grandfather 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 Registrations18 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
More Advisors
- Christopher Swenson, CFPCornerstone Wealth Management, LLC
- George Walker, CFPCornerstone Wealth Management, LLC
- Julie BriarCornerstone Wealth Management, LLC
- Brian BoehleCornerstone Wealth Management, LLC
- Patrick Doyle, CFPCornerstone Wealth Management, LLC
- Andrew Lohmeyer, CFPCornerstone Wealth Management, LLC