CORNERSTONE WEALTH MANAGEMENT GROUP
CORNERSTONE WEALTH, LLC Legal Name
Adviser information for CORNERSTONE WEALTH MANAGEMENT GROUP last updated from Form ADV on March 14th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Tennessee, United States |
Employees
| Total Number of Employees | 6 |
|---|---|
| Investment Advisory/Research | 4 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 4 |
| Licensed Agents of an Insurance Company | 4 |
| No. of Firms/People that Solicit Clients | 1 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 1,074 | $172.9M |
| Non-Discretionary | 201 | $17.7M |
| Total | 1,275 | $190.6M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 482 | $96.9M |
| HNW Individuals | 51 | $81.1M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 27 | $11.1M |
| Charitable organizations | <5 | $1.5M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 51-100 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesEducational seminars/workshops |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 0 |
| Both for Same | 172.1M |
| Portfolio Manager to Program | Sponsor |
|---|---|
| CORNERSTONE WEALTH MANAGEMENT GROUP WRAP FEE PROGRAM | CORNERSTONE WEALTH MANAGEMENT GROUP |
Identifiers
| SEC RIA File Number | 801-123282 |
|---|---|
| SEC ERA File Number | 801-123282 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 313269 |
| Legal Entity Identifier | None |
Principal Office
517 N. MAIN STREETSUITE A
GREENEVILLE
TN
United States
Monday - Friday, 9:00AM - 5:00PM
Tel: 423-588-7151, Fax: 423-370-1266
Chief Compliance Officer
BRIAN JACK CLICK
MANAGING MEMBER & CHIEF COMPLIANCE OFFICER
517 N. MAIN STREET
SUITE A
GREENEVILLE
TN
United States
Tel:
423-588-7151
Fax:
423-370-1266
B**********@**********************M
(Full email address available in API data)
Industry Affiliates
| CORNERSTONE RISK MANAGEMENT GROUP | Insurance company or agency |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| CLICK, BRIAN, JACK | Individual | – | MANAGING MEMBER & CHIEF COMPLIANCE OFFICER | 11/2019 | > 75% |
| Scott, George, Robert | Individual | – | PARTNER | 01/2023 | 10-25% |