Cornermen Financial provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 251–500 clients last fiscal year.
Cornermen Financial reports 379 clients. They include 341 individual clients, 37 high-net-worth individuals and 1 charitable organization. Of its assets, 100.0% ($173M across 780 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 90% | 66% |
| High-net-worth individuals | 10% | 33% |
| Charitable organizations | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 341 | $115M | 66.3% | $336K |
| High-net-worth individuals | 37 | $56.4M | 32.7% | $1.52M |
| Charitable organizations | 1 | $1.71M | 1.0% | $1.71M |
| Total | 379 | $173M | 100% | $456K |
- Clients
- 341
- Regulatory AUM
- $115M
- AUM share
- 66.3%
- Avg. per client
- $336K
- Clients
- 37
- Regulatory AUM
- $56.4M
- AUM share
- 32.7%
- Avg. per client
- $1.52M
- Clients
- 1
- Regulatory AUM
- $1.71M
- AUM share
- 1.0%
- Avg. per client
- $1.71M
Total
- Clients
- 379
- Regulatory AUM
- $173M
- AUM share
- 100%
- Avg. per client
- $456K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Cornermen Financial charges 1.00% a year for its Portfolio Management Fees. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Life Planning
- Financial life planning is billed at a negotiated hourly fee of $300.
Logan Dietel owns 50% to 75% of Cornermen Financial. The leadership team of Cornermen Financial includes President Howard Rappaport and Chief Financial Officer Logan Dietel. It has 4 employees.
Staff
- 4 employees
- 4 in advisory functions
- 4 state-registered reps
- 4 insurance agents
- Owns 50% to 75% of Cornermen Financial, LLC
Logan Dietel
Control person · since April 2013
- Owns 25% to 50% of Cornermen Financial, LLC
Howard Rappaport
Control person · since April 2013
- Owns 10% to 25% of Cornermen Financial, LLC
Benjamin Clark
since January 2026
- Owns 10% to 25% of Cornermen Financial, LLC
Loretta Moreno
since January 2026
Cornermen Financial’s regulatory assets grew 1.7× from $104M (March 2023) to $173M (July 2026); clients rose from 321 to 379 and employees from 2 to 4.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jul 2026July 2026 | $173M | 379 | 4 | 1 |
| Mar 2025March 2025 | $144M | 404 | 3 | 1 |
| Mar 2024March 2024 | $125M | 339 | 3 | 1 |
| Mar 2023March 2023 | $104M | 321 | 2 | 1 |
Besides its headquarters, Cornermen Financial has 0 offices, with 1 listed address in 1 state.
Texas · 1 listed address
- 1130 E. Sonterra BLVD, Suite 130, San AntonioHQ
Contact and registration details
- Legal name
- Cornermen Financial, LLC
- Headquarters
- 1130 E. Sonterra BLVD, Suite 130, San Antonio, TX 78258
- Website
- cornermenfinancial.com
- Phone
- 210-702-3961
- SEC file
- 801-126584
- Structure
- Texas LLC
- Fiscal year end
- December
Cornermen Financial’s named custodian for separately managed accounts is SEI Private Trust ($173M). Cornermen Financial does not have custody of client assets.
- SEI Private TrustSEI Private Trust Company · Oaks, PA · $173M100%
At year end, Cornermen Financial’s separately managed accounts were mostly in stocks (79%) and bonds (15%).
What the accounts hold
- Stocks79%
- Funds2%
- Bonds15%
- Cash4%
How many clients does Cornermen Financial have?
Cornermen Financial has 379 clients and manages $173 million for them, as of July 2026. They include 341 individual clients, 37 high-net-worth individuals and 1 charitable organization.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 2 July 2026
What services does Cornermen Financial offer?
Cornermen Financial provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Cornermen Financial charge?
Cornermen Financial charges 1.00% a year for its Portfolio Management Fees. The fee is billed in arrears and is negotiable.
Source: ADV PART 2A- CORNERMEN FINANCIAL, LLC, filed 3 March 2026
Which custodians does Cornermen Financial use?
Cornermen Financial’s separately managed account assets are held at SEI Private Trust Company (Oaks, PA), with $173M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 2 July 2026
How many financial advisors does Cornermen Financial have?
Cornermen Financial has 4 investment adviser representatives registered with state securities authorities, out of 4 employees, and 4 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 4 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Cornermen Financial invest in?
At the end of its last fiscal year, Cornermen Financial’s separately managed accounts held 79% exchange-traded equities, 15% investment grade corporate bonds, 4% cash and equivalents and 2% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Cornermen Financial?
Cornermen Financial’s direct owners are Howard Rappaport (25% to 50%), Logan Dietel (50% to 75%), Benjamin Clark (10% to 25%) and Loretta Moreno (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 2 July 2026
How does Cornermen Financial get paid?
Cornermen Financial is paid through a percentage of assets under management and hourly charges. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Cornermen Financial?
Cornermen Financial’s main office is at 1130 E. Sonterra BLVD, Suite 130, San Antonio, TX 78258. Its phone number is 210-702-3961. Its website is cornermenfinancial.com.
