Cornerstone Advisors, LLC is a large advisory firm based in Topeka. It manages $161.69 million of regulatory assets for 1,074 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Colorado, Kansas, Missouri, Nebraska, and Texas.
Cornerstone Advisors provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Cornerstone Advisors, LLC is $161.69 million. The firm's AUM has grown by 175% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Cornerstone Advisors, LLC for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Ralph Bradshaw is high net worth individuals with 144 clients and $101.68 million of assets under management. Among the 9 most similar advisory firms, Cornerstone Advisors has the 4th lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $161.69 million for 618 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Cornerstone Advisors doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Ralph Bradshaw has been acting as President since 1 Jan 2019. Daniel William Bradshaw joined the executive team most recently as the Vice President.
The principal office where Cornerstone Advisors, LLC performs its advisory services is located at 6540 Sw 10 Th Avenue, Topeka, KS 66615, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 785-273-2685 or by fax 785-273-1641. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at cstonegroup.com.