Cornerstone Alternatives provides portfolio management for individuals and small businesses and portfolio management for institutions.
Cornerstone Alternatives reports 410 high-net-worth individuals. Of its assets, 2.2% ($3.44M across 9 accounts) are managed with discretion; $156M across 414 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | 100% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 410 | $159M | 100.0% | $389K |
| Total | 410 | $159M | 100% | $389K |
- Clients
- 410
- Regulatory AUM
- $159M
- AUM share
- 100.0%
- Avg. per client
- $389K
Total
- Clients
- 410
- Regulatory AUM
- $159M
- AUM share
- 100%
- Avg. per client
- $389K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Cornerstone Alternatives is paid through a percentage of assets under management and hourly charges. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Estate Transition Program
- Estate transition services carry a one-time fee charged to participating clients; for Class G estate engagements, a 10-hour minimum at the prevailing hourly rate applies in the first year.
Andrew Goldberg owns 75% or more of Cornerstone Alternatives. The leadership team of Cornerstone Alternatives includes Chief Compliance Officer Andrew Goldberg. It has 6 employees, 2 of them in advisory roles.
Leadership
- Andrew GoldbergManaging Partner and Chief Compliance Officer
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 6 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Cornerstone Alternatives LLC
Andrew Goldberg
Control person · since January 2024
Cornerstone Alternatives’ regulatory assets grew 1.5× from $103M (June 2024) to $159M (March 2026); clients rose from 203 to 410 and employees from 2 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $159M | 410 | 6 | 3 |
| July 2025 | $181M | 380 | 3 | 3 |
| June 2024 | $103M | 203 | 2 | 2 |
Besides its headquarters, Cornerstone Alternatives has 2 offices (2 private residences, listed without an address), with 1 listed address with no US state reported.
Contact and registration details
- Legal name
- Cornerstone Alternatives LLC
- Headquarters
- Not reported
- Website
- cornerstonealternatives.com
- Phone
- 864-202-4920
- @cornerstone-alternatives
- SEC file
- 801-129602
- Structure
- South Carolina LLC
- Fiscal year end
- December
Cornerstone Alternatives uses Charles Schwab ($157M) as custodian for its separately managed accounts. Cornerstone Alternatives does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $157M100%
At year end, Cornerstone Alternatives’ separately managed accounts were mostly in funds (96%).
What the accounts hold
- Stocks4%
- Funds96%
- Registered funds61%
- Pooled vehicles35%
How many clients does Cornerstone Alternatives have?
Cornerstone Alternatives has 410 clients and manages $159 million for them, as of March 2026. They include 410 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Cornerstone Alternatives offer?
Cornerstone Alternatives provides portfolio management for individuals and small businesses and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Cornerstone Alternatives use?
Cornerstone Alternatives’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $157M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does Cornerstone Alternatives have?
Cornerstone Alternatives has 2 investment adviser representatives registered with state securities authorities, out of 6 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Cornerstone Alternatives invest in?
At the end of its last fiscal year, Cornerstone Alternatives’ separately managed accounts held 61% registered funds (mutual funds, ETFs, BDCs), 35% pooled vehicles (private funds and similar) and 4% non-exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Cornerstone Alternatives?
Cornerstone Alternatives’ direct owner is Andrew Goldberg (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Cornerstone Alternatives get paid?
Cornerstone Alternatives 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
Is Cornerstone Alternatives registered with the SEC?
Yes, Cornerstone Alternatives has been registered with the SEC as an investment adviser since 1 March 2024. Its CRD number is 330043 and its SEC file number is 801-129602.
Source: Form ADV Part 1A, Item 1, filed 30 March 2026; IAPD firm record
How do I contact Cornerstone Alternatives?
Its phone number is 864-202-4920. Its website is cornerstonealternatives.com.