{"url":"https://nivawealth.com/firms/cornerstone-alternatives-330043","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/330043","regulatoryAum":159360886,"crd":"330043","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"8004756","suffix":null,"lastName":"COOPER","firstName":"JEFFERY","middleName":"MATHEW"},{"crd":"8027547","suffix":null,"lastName":"SZILASSY","firstName":"PAUL","middleName":"CASTILLANO"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2024-06-25","regulatoryAum":103332733,"clients":203,"employees":2,"offices":2},{"filedOn":"2025-07-28","regulatoryAum":181359121,"clients":380,"employees":3,"offices":3},{"filedOn":"2026-03-30","regulatoryAum":159360886,"clients":410,"employees":6,"offices":3}],"secFileNumber":"801-129602","legalName":"Cornerstone Alternatives LLC","displayName":"Cornerstone Alternatives","slug":"cornerstone-alternatives-330043","website":"https://cornerstonealternatives.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/cornerstone-alternatives/","founded":null,"organization":"South Carolina limited liability company","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"1 March 2024","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":388685.0878048781,"staff":{"employees":6,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":159360886,"discretionary":3444353,"discretionaryAccounts":9,"nonDiscretionary":155916533,"nonDiscretionaryAccounts":414,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":410,"regulatoryAum":159360886}],"feePrograms":[{"role":"other","program":"Estate Transition Program","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1031650","versionId":1031650,"submittedOn":"2026-03-30","documentName":"CORNERSTONE ALTERNATIVES BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T17:41:23.621155+00:00","documents":[{"name":"CORNERSTONE ALTERNATIVES BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1031650","versionId":1031650,"submittedOn":"2026-03-30"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":156810885}],"custodyNote":"Cornerstone Alternatives does not have custody of client assets.","leadership":[{"name":"Andrew Goldberg","title":"Managing Partner and Chief Compliance Officer","crd":"7861846"}],"ownership":[{"label":"Andrew Goldberg","detail":"Managing partner and chief compliance officer in the 75% or more ownership band and a control person, since January 2024."}],"filedOffices":{"otherThanPrincipal":2,"privateResidences":2},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"864-202-4920","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Non-exchange-traded equity securities","percent":4},{"label":"Securities issued by registered investment companies or business development companies","percent":61},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":35}],"privateFunds":0},"sources":{"adv1FilingDate":"30 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/330043/PDF/330043.pdf","brochureDate":"30 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1031650","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Cornerstone Alternatives have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Cornerstone Alternatives offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Cornerstone Alternatives use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Cornerstone Alternatives have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Cornerstone Alternatives invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Cornerstone Alternatives?","answer":"Cornerstone Alternatives’ direct owner is Andrew Goldberg (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Cornerstone Alternatives get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Cornerstone Alternatives registered with the SEC?","answer":"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","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Cornerstone Alternatives?","answer":"Its phone number is 864-202-4920. Its website is cornerstonealternatives.com.","source":"Form ADV Part 1A, Item 1.F, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}