Cornerstone Financial Advisors manages investment portfolios for individuals, trusts, corporations, and small businesses. They work with clients to determine their investment goals and risk tolerance, then create a written investment plan. Cornerstone primarily recommends portfolios of passively managed mutual funds, especially those offered by Dimensional Fund Advisors (DFA). They may also include individual stocks in certain situations. Cornerstone can manage portfolios with or without the ability to make trades without asking first. They may also recommend a third-party to manage fixed income investments.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $200K | 1.85% |
| $200K - $500K | 1.25% |
| $500K - $1000K | 1.00% |
| $1.0M - $2.0M | 0.90% |
| $2.0M - $3.0M | 0.80% |
| $3.0M - $4.0M | 0.70% |
| $4.0M - $5.0M | 0.60% |
| $5M+ | 0.50% |
Fees and account minimums may be negotiable under certain circumstances. Certain pre-existing Investment Management Services clients may be on a different fee schedule.