CORNERSTONE FINANCIAL MANAGEMENT LLC
Adviser information for CORNERSTONE FINANCIAL MANAGEMENT LLC last updated from Form ADV on March 29th, 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 | Massachusetts, United States |
Employees
| Total Number of Employees | 3 |
|---|---|
| Investment Advisory/Research | 3 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 3 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 352 | $111.5M |
| Non-Discretionary | 12 | $2.4M |
| Total | 364 | $113.9M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 42 | $18.1M |
| HNW Individuals | 41 | $95.0M |
| 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 | 0 | $0 |
| Charitable organizations | 9 | $832,059 |
| 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 businessesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers)Educational seminars/workshops |
|---|---|
| Compensation | % of AUMFixed fees |
Identifiers
| SEC RIA File Number | 801-130130 |
|---|---|
| SEC ERA File Number | 801-130130 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 140967 |
| Legal Entity Identifier | None |
Principal Office
10 MALL ROADSUITE 301
BURLINGTON
MA
United States
Monday - Friday, 10:00 AM - 6:00 PM
Tel: 800-527-1238, Fax: None
Chief Compliance Officer
THEODORE R. YOOS
10 MALL ROAD
SUITE 301
BURLINGTON
MA
United States
Tel:
800-527-1238
T****@****************M
(Full email address available in API data)
Regulatory Contact
TINA PETRUZZIELLO
COMPLIANCE CONSULTANT
1309 BEACON STREET
SUITE 300
BROOKLINE
MA
United States
Tel:
617-201-9471
T***@**********************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| YOOS, THEODORE, RODERICK | Individual | – | PARTNER & CCO | 04/2006 | 25-50% |
| Arruda, Kevin | Individual | – | PARTNER | 03/2021 | 25-50% |
| NEWFIELD, GEORGE, E. | Individual | – | PARTNER | 03/2021 | 25-50% |